Importance of Marriages in Building Healthy Societies Coupled With Innovations in Style & Fabrics to Drive the Global Bridal Wear Market
The global market for Bridal Wear is projected to exceed US$73 billion by 2024 , driven by continued importance of marriages in building healthy societies; demographic shifts in population the world over guaranteeing plenty of millennial weddings over the next few years; high amounts of spending on lavish weddings, and innovations in fashion, style and fabrics. The wedding industry globally remains buoyant owing to unwavering demand and increasing number of millennials attaining the marriageable age. Growth opportunities await the bridal wear market in the coming years as the professionally and personally mature millennium generation attains ripe ages for matrimony. Estimated at $300 billion, the global wedding industry holds lucrative business opportunities for bridal brands. While majority of wedding celebrations globally are economical, others have considerable budgets. The bridal wear market, constantly driven by beauty and fashion, capture the magnificence and outgoing, yout...