IMARC Group, a leading market research company, has recently releases report titled “Mannequin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global mannequin market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the mannequin market?
The global mannequin market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.20% during 2023-2028.
What is Mannequin?
Mannequins are articulated, life-sized figurines made from materials such as plastic, fiberglass, or wood. They serve as essential tools in the retail and garment industries, playing a crucial role in visual merchandising, store layout design, and clothing display. These figurines are meticulously crafted to represent the human form accurately and are used by retailers, fashion designers, and garment manufacturers to showcase clothing and accessories in a lifelike manner. Mannequins help businesses exhibit their products effectively and assist customers in envisioning how clothing items fit and look when worn. Their role extends beyond fashion, finding applications in areas such as art exhibitions and medical education as anatomical models. Mannequins are designed to be versatile, adaptable, and durable, making them an indispensable asset in the retail and creative industries.
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What are the growth prospects and trends in the mannequin industry?
The retail industry’s continuous evolution, coupled with the growing importance of visual merchandising and in-store aesthetics, has resulted in an increased demand for mannequins, primarily driving its global market. Moreover, as retailers increasingly recognize that well-placed, attractive mannequins can significantly enhance the shopping experience and boost sales, there is surging product adoption across fashion retail stores. In addition to this, the fashion industry’s ever-changing trends prompt fashion retailers and designers to invest in diverse and innovative mannequin designs, catering to various styles and demographics, which, in turn, is propelling the market’s growth. Concurrently, the flourishing expansion of e-commerce, leading to surging demand for mannequins in online product displays that help online shoppers visualize clothing items better, is impelling the growth of the mannequin market. Furthermore, mannequins are increasingly utilized in the healthcare sector for medical training purposes and in the entertainment industry for prop and set design, contributing to market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type
- Female
- Child
- Male
- Others
Breakup by Material:
- Fiberglass
- Plastic
- Others
Breakup by Application:
- Cosmetic Industry
- Jewelry Industry
- Garment Industries
- Medical and Healthcare Industry
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Bernstein Display
- Bonami BV
- Bonaveri
- COFRAD
- Genesis Display GmbH
- Hans Boodt Mannequin B.V.
- La Rosa Srl
- Mondo Mannequins (Econoco Corporation)
- New John Nissem Mannequins
- NoaBrands
- Retailment A/S
- Window France
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