Market Overview:
Prom seems to be more often everywhere these days, with most high schools offering a formal dance of some kind, sometimes more than once year. Prom was introduced in the mid-to-late 1800s at colleges and universities. It was basically to promote social etiquette and manners to each year’s graduating class before they went out into the world of adults. Nowadays, a wide range of prom dresses is available according to sizes, cuts, colors and more. The demand for a prom dress is expected to grow owing to the rise in the population and demand for aesthetically appealing dress around the globe.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Jovani Fashions Ltd (United States), Sherri Hill, Inc. (United States), Shiseido Company, Limited (Japan), White Factory Holding S.L.U. (Spain), Primavera Couture LLC (United States), Faviana International (United States), Adrianna Papell (United Kingdom), Badgley Mischka (United States), Marchesa (United States), Grupo Franc Sarabia (Spain), Yolancris (Spain), Nordstrom (United States), Victorio & Lucchino (Spain), Betsy And Adam (United States) and Cymbeline Forever S.A.S (France) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Prom Dresses Market Study:
Jovani Fashions Ltd (United States), Sherri Hill, Inc. (United States), Shiseido Company, Limited (Japan), White Factory Holding S.L.U. (Spain), Primavera Couture LLC (United States), Faviana International (United States), Adrianna Papell (United Kingdom), Badgley Mischka (United States), Marchesa (United States), Grupo Franc Sarabia (Spain), Yolancris (Spain), Nordstrom (United States), Victorio & Lucchino (Spain), Betsy And Adam (United States) and Cymbeline Forever S.A.S (France)
Prom Dresses Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Prom, Festival Party and Social Dance |
Type | Long Prom Dresses, Knee Length Prom Dress and Short Prom Dresses |
Distribution Channel | Online (Company Websites and E-Tailer Websites),Offline (Brand Stores and Others) |
Fabric | Chiffon,Satin,Organza,Others |
Prom Dress Cut | A-line dresses,Babydoll dresses,Ball gowns,Fit-and-flare dresses,Illusion dresses,Mermaid dresses,Off-the-shoulder dresses,Two-piece dresses |
Influencing Trend:
Growing Demand for Aesthetically Appealing, Increasing Teenage Population and Adoption of the Trend of Celebrating Prom and Graduation Party and Changing Lifestyle of Consumers in Developing Economies and Increasing Awareness About the Latest Fashion Trends Among Consumers
Market Growth Drivers:
Increase in the Women Working Population Boost the Market and Rapid Increase in Fashion Aficionado Population
Challenges:
Fluctuation in the Price of Raw Materials, Availability of Counterfeit Products and Intense Competition Among Key Players
Restraints:
Occasional/Seasonal Demand for Prom Dresses and High Cost Associated with Prom Dresses
Opportunities:
Increasing Disposable Income Worldwide, Rise in Demand of Luxury Clothing Due to Fashionable Wear and Huge Opportunity for New and Innovative Designs
Some of the other players that are also part of study are Pronovias (Spain), Impression Bridal (United States), Alfred Angelo (United States) and Aidan Mattox (United States). The Global Prom Dresses market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Prom Dresses market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Prom Dresses market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, E-retailing Companies, Importers and Exporters, Government Agencies, Potential Investors, Market Research and Consulting Firms and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.