Bridal gowns are dresses of women that are generally worn on wedding day, bridal gowns come with heavy artistic work on it that offer aesthetic to bride on wedding day. Bridal gowns are made up of different fabric and texture that helps to make gowns more comfortable and stylish, people are spending great amount on bridal gowns as wedding is most important day and auspicious occasion in everyone life. Bridal gowns are also available in different shapes and designs such as mermaid and tea-length weeding dresses that has unique and attractive shapes. Bridal gowns market has shown a significant growth in last few years as people are willing to spend more on weeding apparel. Rise innovation of bridal grown and adaption of aggressive marketing strategy by key player is major factor in growth of global bridal gown market.
COVID-19 Impact Analysis-
- During COVID-19, globally many industries were suffering from great economic crises; spread of COVID-19 virus has led to great ramification on global bridal gownsmarket.
- To control spread of corona virus diseases, nation-wide lockdown was imposed by government resulted in huge disruption in supply chain of raw material and looming of production cycle of bridal gownsmarket. Restraints were imposed by government on bridal stores, boutique and brand store that led to great hampering in demand of bridal gownsmarket.
- Restraints were imposed by government on weeding and occasions that lead to great decline in demand of bridal gownsmarket, as bridal gowns are majorly used in weeding ceremony and occasion.
- E-commerce has played vital role in uplifting supply chain of bridal gownsas it helps to cover wider range and cater demands of customer. Customers are also started shifting to online shopping method and hesitating and avoiding to going for instore purchases to control spread of corona virus diseases.
Top Impacting Factors-
- Now a days majority of men's and women's have become more literate and employed that is resulted into increase in disposable income of consumers and rise spending capacity of people on clothing and apparel. Bridal gowns are traditional wedding apparel that is wear by bride during weeding or on wedding day; many women are often picking heavy gowns to attend traditional parties and festivals functions. Surge in spending capacity of people on bridal gowns is a key driver in growth of global bridal gowns market.
- Many key players and giant companies are opting for aggressive marketing strategy that is propelling demand of new and designer bridal gowns, adaption of aggressive marketing strategy helps to spread brand awareness among peoples and also helps to boost sale of branded products. They are also hiring many celebrities and famous figures for brand endorsement as they have huge fan following and has great influence on demand of consumer. Rise in adaption of aggressive marketing strategy and brand endorsement is key factor in growth for global bridal gowns market.
- In last few years, usage of internet has rapidly increased among consumers and they are becoming more aware about designer and stylish bridal gowns. People have started remaining more active on social medial platform and online shopping platform, that is spreading brand awareness and attracting more and more customers for buying designers products. Many retailers are also choosing e-commerce platform for selling of bridal gowns, they also offers premium delivery services at consumer doorstep. Rise in dependency of consumer online shopping platforms and adaption of e-commerce platform by sellers is prime factor in growth of global bridal grown market.
- Surge in New Launches of Bridal Gowns to Flourish Market
Key players are highly investing in innovation of products and engaged with research &development process, to offers improvised and innovative products to catering demand of consumers and to compete with competitors and rival products.Key player have introduced many new bridal gowns that has new textures and fabric, these fabric and texture are more comfortable as brides have to wear grown for longer duration. Many key manufactures have started manufacturing handwork bridal gowns and they have also on introduced new styles and patterns in bridal a gown that looks more stylish and offers aesthetic appearances to bride. Rise in innovation of bridal gowns is prominent factor that is accelerating growth of global bridal gowns market.
- Rise in Trend of Using Designer and Premium Bridal Gowns
Women have become more demanding and opting for new and stylish bridal gowns as these gowns are designer and premium bridal gowns, that is available in many different shapes and sizes that offers excellent fitting and attractive designs such as mermaid style dress, trumpet gowns, sheath gowns A-line gowns. These gowns are more stylish and offer aesthetic appearance to dressing of bride, globally growth in demand of consumers and adaption of new designer bridal gowns is utmost factor that is fueling growth of global bridal gowns market.
Key Benefits of Report-
- This study presents the analytical depiction of the bridal gowns industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bridal gowns market share.
- The current market is quantitatively analysed to highlight bridal gowns market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed bridal gownsmarket analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Report –
- Which are the leading players active in the bridal gowns market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is the bridal gowns market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the current trends and predicted trends?
Bridal Gowns Market Report Highlights
By Product Type
By Price Point
By Distribution Channel
Key Market Players
Allure Bridals, Inc., David`s Bridal Inc., Kleinfeld Bridal Corporation., Justin Alexander Limited, Macy`s, Inc., Morilee LLC, JLM Couture Inc., Harrods Ltd., Moonlight Bridal Design, Inc., Maggie Sottero Designs L.L.C., YumiKatsura International Co., Ltd.