Mannequin Market Size
Market Outlook:
Base Year Value (2023)
USD 4.69 Billion
CAGR (2024-2032)
12.9%
Forecast Year Value (2032)
USD 11.67 Billion
Historical Data Period
2019-2023
Largest Region
Asia Pacific
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:The increasing popularity of online shopping platforms is expected to drive growth in the mannequin market, as retailers look for visually appealing ways to showcase their products in the digital space. Additionally, the growing emphasis on experiential retail, where consumers are looking for engaging and immersive shopping experiences, is likely to boost the demand for innovative and attractive mannequins. Furthermore, the rise of the fashion industry and the expansion of the retail sector in emerging economies present significant growth opportunities for the mannequin market.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Material, Type, End-User |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Bonaveri, Cofrad, Genesis Display, Hans Boodt Mannequins, Noa Brands, Bonami BV, Mondo Mannequins, Manex USA, La Rosa srl, Bernstein Display |
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On the other hand, one of the major restraints in the mannequin market is the high costs associated with manufacturing and designing customizable mannequins. This can deter small and medium-sized retailers from investing in quality mannequins for their stores. Another restraint is the increasing shift towards sustainable and eco-friendly practices in the retail industry, which may pose challenges for traditional mannequin materials like fiberglass.
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