About Luxury Skirt
A skirt is basically the lower part of a dress or gown that hereby covers the person from the waist down or a separate outer dress that also serves that purpose. Skirts have been around for centuries, and different types of skirts have evolved as the length or fullness of a skirt changes. Luxurious rock styles can be figure-hugging or voluminous. Skirts can accentuate a waist or alter the hem. In this day and age, skirts are usually worn by women. The hem of skirts can vary from micro to floor and can vary based on cultural perceptions of modesty and aesthetics, as well as the wearer's personal taste, which can be influenced by factors such as fashion and social context.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Luxury Skirt market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gucci (Italy), Dior (France), Hermes (France), Chanel (France), Ralph Lauren Corporation (United States), Louis Vuitton (France), PRADA (Italy), Burberry (United Kingdom) and Chloe (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Valentino (Italy) and Dolce & Gabbana (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Luxury Skirt market by Type (Mini, Midi, Knee Length, Maxi, Flared, Wrap and Pencil), Application (Women and Girls) and Region.
On the basis of geography, the market of Luxury Skirt has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Luxury Skirt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Occasion, the sub-segment i.e. Casual will boost the Luxury Skirt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. XXS will boost the Luxury Skirt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovations in Clothes Designs and Styles, Increased Number of Online Customers, Increasing Adoption of Celebrity Clothing Styles and Robust Increase in the Distribution Channels
Market Growth Drivers:
Increased Demand for Apparels from Various Regions, Rising Inclination towards Fashion Industry, High Demand from Working Women Population, Increasing Demand from End-users and Demand for Affordable and Fashionable Women's Clothing
Challenges:
Increasing Competition in the Market
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Increased Promotional Activities by Manufacturers, Growth in the Entertainment Industry, Advertisement of Famous Fashion Brands Through Social Media and Growth in the Fabric Industry Worldwide
In November 2023, Luxury fashion brand Balenciaga launched Towel skirt price at a staggering USD 925 which amounts to Rs 77,000
According to the Regulation (EU) No 1007/2011, textile products have to be labeled or marked whenever they are available on the market. The indication of the fiber composition of a product is mandatory at all stages of the industrial processing and commercial distribution of that product. All products containing at least 80% by weight of textile fibers, including raw, semi-worked, worked, semi-manufactured, semi-made, and made-up products are covered by the Regulation.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Luxury Skirt Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.