PUBLISHER: SkyQuest | PRODUCT CODE: 1321865
PUBLISHER: SkyQuest | PRODUCT CODE: 1321865
Global Women's Dresses & Skirts Market size was valued at USD 155.90 billion in 2021 and is poised to grow from USD 164.01 billion in 2022 to USD 233.87 billion by 2030, at a CAGR of 5.2% during the forecast period (2023-2030).
The Global Women's Dresses & Skirts Market is a thriving industry that caters to the diverse fashion preferences of women worldwide. Offering a wide range of styles, materials, and designs, this market continues to grow due to factors like changing fashion trends, increased disposable income, and growing online retail platforms. Prominent players in the market constantly innovate and adapt to consumer demands, making it a dynamic and competitive landscape. Overall, the market's expansion is driven by the increasing empowerment and representation of women in various fields, fostering a strong demand for fashionable attire.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Women's Dresses & Skirts Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report:
Global Women's Dresses & Skirts Market is segmented on the basis of fiber outlook, type, distribution channels and region. By fiber outlook, the market is segmented into cotton, polyester, cellulosic, others. By type, the market is segmented into dresses and skirts. by distribution channels, the market is segmented into offline and online. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Driver
The advent of e-commerce has revolutionized the way consumers shop for women's dresses and skirts. Online platforms offer an extensive array of choices in terms of styles, sizes, colors, and brands, all easily accessible with just a few clicks. This convenience allows shoppers to browse and purchase from the comfort of their homes or while on the move, eliminating the need to visit brick-and-mortar stores. Furthermore, e-commerce has significantly expanded the market reach for women's fashion. Retailers and brands can now cater to a global audience, transcending geographical limitations. As a result, smaller and niche brands can thrive and grow by reaching customers worldwide without the need for physical stores in multiple locations.
Restraint
One of the challenges faced by online shopping for women's dresses and skirts is the difficulty in assessing the fabric's quality and feel. Consumers heavily rely on product descriptions and images, which may not always provide an accurate representation of the garment's actual quality. This discrepancy can lead to issues with poor-quality items, causing customer complaints, returns, and negative reviews. Such experiences can significantly impact the reputation of the brand or retailer, highlighting the importance of transparent and reliable product information in the e-commerce industry.
Market Trends
The women's dresses and skirts market is witnessing a notable surge in eco-friendly and sustainable fashion. With a heightened awareness of the fashion industry's environmental impact, consumers are actively seeking clothing options that are kinder to the planet. As a result, there is a growing emphasis on eco-friendly fabrics, ethical manufacturing practices, and efforts to minimize waste during production. This shift towards sustainability reflects the increasing preference for clothing that aligns with responsible and eco-conscious values, driving the industry to embrace more environmentally friendly practices.