The global sequins dress market is anticipated to grow at a CAGR of 6.1% during the forecast period (2022-2028). Millennials are particularly drawn to sequin gowns due to their luxurious lifestyle encourages them to do so. Furthermore, the market’s development is influenced by the expanding fashion trend as well as the changing landscape of retail brands. Due to the growing popularity of celebrities from TV shows, movies, modeling, and animations, the sequins clothing business is anticipated to thrive. Customers are more likely to purchase such clothing during wedding seasons, group photos, modeling events, and music concerts, which drives demand for the goods. One of the primary factors driving the global sequins dress market is the expanding fashion and entertainment industries, such as modeling and animation. For instance, H & M Hennes & Mauritz AB offers sequined dresses. Short, fitting dress with an asymmetric neckline, open back, and narrow shoulder straps that knot at the back in a sequin-covered jersey.
Customers can easily purchase sequin dresses from their desktop and mobile device due to the availability of sequin dresses on online channels. The internet is largely responsible for this expansion. Fashion awareness has improved as a result of increased exposure to e-commerce and the internet. Another factor driving up demand for sequins clothing is the growing popularity and use of social media sites like WhatsApp, Instagram, Snapchat, and Facebook, which allow people to follow their favorite celebrities, models, actresses, and others. Additionally, the growing popularity of theme parties in weddings, Christmas parties, birthday celebrations, Halloween parties, and other events drive up demand for sequins cloths.
Some major players in the market include Burberry Group PLC, Chanel Inc, Guccio Gucci SpA, H & M Hennes & Mauritz AB, Louis Vuitton Malletier, PRADA SpA, and Ralph Lauren Corp, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Burberry Group PLC, Chanel Inc, Guccio Gucci SpA, H & M Hennes & Mauritz AB, Louis Vuitton Malletier, PRADA SpA, and Ralph Lauren Corp, among others.
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Global Sequins Dress Market Report by Segment
By Type
- Formal Occasions
- Informal Occasions
By Application
- Wedding
- Parties
- Others
By Distribution Channel
- Online
- Offline
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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