USD 164.01 billion
Report ID:
SQMIG25M2037 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|Tables:
62
|Figures:
76
Global Women’s Dresses & Skirts Market size was valued at USD 164.01 billion in 2022 and is poised to grow from USD 172.54 billion in 2023 to USD 258.83 billion by 2031, at a CAGR of 5.2% during the forecast period (2024-2031).
The market has grown as a result of factors like the rising number of working women and rising purchasing power. In addition, businesses are implementing automatic machinery to boost output while simultaneously lowering associated costs. The "Women's Dresses and Skirts Industry Forecast" examines previous sales as well as forecast global sales of women's dresses and skirts in 2022. It also offers a detailed breakdown of anticipated sales by region and market sector. The sales of Women's Dresses and Skirts are broken down by region, market sector, and sub-sector in this study, which offers a thorough overview of the global Women's Dresses and Skirts market in US$ millions. It assesses the important market trends, drivers, and influencing factors that are influencing the global outlook for women's dresses and skirts. This study forecast presents a highly detailed perspective of the current status and future trajectory in the worldwide Women's Dresses and Skirts market using an open approach based on hundreds of bottom-up qualitative and quantitative market inputs. Over the course of the projection period, manufacturer initiatives are also likely to boost market expansion. Retailers and makers of dresses and skirts strategically offer promotional deals and customer-focused services to draw in more buyers. Furthermore, in order to access a larger client base and boost income creation, manufacturers are offering their products through e-commerce platforms.
US Women’s Dresses & Skirts Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 164.01 billion
Largest Segment
Polyester
Fastest Growth
Polyester
Growth Rate
5.2% CAGR
To get more reports on the above market click here to Buy The 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.
Women’s Dresses & Skirts Market Analysis by Type
The segment of dresses is expected to increase at a CAGR of 4.9% and in 2021 it contributed a higher proportion of more than 70% of the global market revenue. This section offers an answer for varied situations, seasons, and stylish designs. The lengths of both casuals and formals are available to consumers in a variety of options. It is anticipated that this will have an impact on the increased consumer preference on the global market, resulting in a greater market share.
The segment for skirts is anticipated to increase significantly during the forecast period. The segment is expected to experience the greatest CAGR, 5.7%. There are many different colours, patterns, styles, sizes, and lengths of skirts to choose from. During the course of the projection period, the segment is anticipated to rise as a result of shifting customer profiles. More clients are beginning to appreciate skirts' aesthetic appeal and practicality. Over the projection period, demand is anticipated to increase due to product developments, stylish, and colorful designs.
Women’s Dresses & Skirts Market Analysis by Fiber Outlook
More than 45.0% of the global market's revenue came from the polyester segment in 2021, and it is projected that this segment would expand at a CAGR of 4.5%. Compounds with the ester functional group are found in polyester, a form of synthetic fibre. One of the most well-liked materials in the textile business, this is derived from petroleum. Durable and generally more affordable, the sector is a material used to make garment products. Polyester clothing is more popular with consumers since it can withstand a variety of environmental conditions.
The segment's CAGR is predicted to be 6.5% for the cellulosic market. After being chemically processed, cotton, moss, and wood pulp are converted into cellulosic fibre. Denim, corduroy, muslin, and organza are just a few of the fabrics that may be made using it. It is anticipated that this market segment will expand at the fastest rate during the forecast period due to the rising popularity of these textiles among customers.
To get detailed analysis on other segments, Request For Free Sample Report
Asia Pacific is anticipated to see the highest CAGR of 5.7%. The region is seeing a high demand for clothing due to the fastest-growing population and rising disposable income. In this area, many manufacturers are developing their industrial bases. As a result, it is predicted that the region would see the highest CAGR during the forecast period.
In 2021, the market share contributed by the Europe region is anticipated to be greater than 30%. The market revenue is being positively impacted by economically developed nations like Germany and France. Due to increased apparel spending and greater product awareness in the region, the region has a larger market share. The larger market share in 2021 can also be attributed to the developed distribution network through brick-and-mortar stores and an online platform
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Women’s Dresses & Skirts Market Drivers
Growing E-Commerce Information Technology to Bolster Growth Opportunities for Players in Market
Women’s Dresses & Skirts Market Restraints
Quality and Fabric Concerns to Hinder Market Growth
Request Free Customization of this report to help us to meet your business objectives.
The market for women's dresses and skirts is characterized by the existence of numerous well-established firms as well as numerous small and medium-sized players. Manufacturers are putting a lot of effort into new product introductions to keep up with consumers' evolving expectations around fashion. The makers are also attempting to develop novel preservative methods to lengthen the product's shelf life while also extending their geographic reach through the use of both organic and inorganic procedures.
Women’s Dresses & Skirts Market Top Player’s Company Profiles
Women’s Dresses & Skirts Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analyses, the global women's dresses & skirts market is a dynamic and growing industry, driven by various factors such as changing fashion trends, increasing consumer disposable income, rising awareness of fashion and style, and the growing influence of social media on consumer preferences. The market has witnessed significant growth in recent years, with the proliferation of e-commerce and online shopping platforms, enabling consumers to access a wide range of dresses and skirts from global retailers. The global women's dresses & skirts market is a dynamic and growing industry, driven by changing fashion trends, increasing e-commerce penetration, and growing consumer demand for trendy and fashionable clothing options. However, challenges such as fit and sizing issues, quality concerns, and intense competition pose restraints to the market. Understanding consumer preferences, addressing challenges, and leveraging opportunities such as sustainability and e-commerce can be key to success for players in the global women's dresses & skirts market.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 164.01 billion |
Market size value in 2031 | USD 258.83 billion |
Growth Rate | 5.2% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Women’s Dresses & Skirts Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Women’s Dresses & Skirts Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Women’s Dresses & Skirts Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Women’s Dresses & Skirts Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25M2037
sales@skyquestt.com
USA +1 351-333-4748