PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1104550
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1104550
What's New for 2022?
» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
» Complimentary updates for one year
Global Bridal Wear Market to Reach $72.5 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Bridal Wear estimated at US$55.5 Billion in the year 2020, is projected to reach a revised size of US$72.5 Billion by 2027, growing at aCAGR of 3.9% over the period 2020-2027. Offline, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$61.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Online segment is readjusted to a revised 3.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $24.5 Billion, While China is Forecast to Grow at 5.8% CAGR
The Bridal Wear market in the U.S. is estimated at US$24.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.2 Billion by the year 2027 trailing a CAGR of 5.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Select Competitors (Total 242 Featured) -