Home Business Global Mannequins Market

Global Mannequins Market

54
0

Global Mannequins Market size was valued at US$ 1500 Mn in 2019 and expected to reach US$ 2130 Mn by 2027 at a CAGR of 4.5% during the forecast period.
Global Mannequins Market Overview:

Mannequins also called as dummies, dolls, articulates and others are particularly used for display of clothing or showing new product launches by designers, tailors, retailers and others. Attracting the customers towards shops is the key application of mannequins in retail shops. Moreover, life sized mannequins are used for the demonstration of CPR, first aid and medical emergency practices by doctors and medical practitioners in hospitals and medical institutes. Dummies are also used in crash testing of cars and modelling simulation in fashion industries. Global mannequin market is expected to register a CAGR of approximately 4.5% during the forecast period owing to increasing use of the product for augmentation of sales and profits by retailers and manufacturers.

Global Mannequins Market

Global Mannequins Market

To know about the Research Methodology :- Request Free Sample Report

The report has covered the market trends from 2015 to forecast the market through 2026. 2019 is considered a base year however 2020’s numbers are on real output of the companies in the market. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Global Mannequins Market Dynamics:

Increasing trend of fashion designing and attractive window displays by designers and retailers to increase the product sales are the key demand drivers for the market. In addition, low inventory cost associated with mannequins and low transportation cost of dummy products gives the upper hand to the mannequin manufacturers in terms of profitability. According to Association Mannequins, more than 70% of mannequins are transported to other countries of North American, GCC, South America and other regions and profitability to product ratio of the mannequins manufacturing is approximately 48%.

Rapid adoption of mannequins in the automotive industry as crash test dummies and increasing trend of testing medical emergency drills including CPR, first aid demonstration and others are the key drivers for the demand growth of the products across the globe. In addition, inexpensiveness of mannequins is the key factor adhering to the growth trend for the product in the market. According to the F2F survey, automotive crash tests dummies and the healthcare sector accounted for approximately 12% and 20% respectively in 2019.

Use of mannequins for interior designing of stores and to enhance the attributes of a particular store is the factor expected to create opportunities for prominent players in the market. Moreover, mannequins add zest to the demand of customers and give the insights about the store accommodations to the consumers which is expected to drive the demand for the product during the forecast period.

Many designers and fashion stores display the latest apparels and give free publicity to the store products which entices the customers.

More opportunities and market trends are analyzed in the report for better understanding of users. In addition, 2020 data is also considered in the report to give the bottom up insights to the user in order to give clear marketing dynamics on the basis of real numbers.
Global Mannequins Market Segmentation:

Global Mannequins Market 1
Fiberglass Material Segment is dominating the Mannequins Market:

According to Fashion America, fiberglass accounted for approximately 68% market share in terms of unit sales. Factors attributing growth of segment are vast adoption of fiberglass products by mannequin manufacturers for its high stability and blending. Increasing trend for realistic mannequin production with fine body details including muscles, height, facial features and others is augmenting the demand for the products across the globe. According to the Plastic Manufacturers Association, fiberglass accounted for approximately 760 million USD in the year 2019 owing to the attributes of the material.

Fiberglass allows more strength to the product and is rigid in dimensional stability. Hence, many producers of mannequins are adopting the fiberglass materials for improvement of products.
Jewelry segment considered to gain traction inMannequins Market:

Jewelers and fashion designers use mannequins for the display of the new product launches and create impressions of models wearing the apparels in cost efficient ways. For this purpose, half body mannequins are used in the industries. E.g. only the hand is used to showcase bracelets, bangles, rings and others. Moreover, inflated mannequins are also used in the jewelry industry to showcase realistic facial expressions to lure the customers in the stores.

Jewelry segment accounted for approximately 35% in terms of market share owing to increasing adoption of mannequins by jewelry retailers and design developments made by mannequin manufacturers especially for the jewelers to enhance the sales and revenue are the key demand drivers for the product in the market.

Global Mannequins Market 2
Global Mannequins Market Regional Insights:

Asia Pacific is dominating the market excluding Japan in terms of unit sales and manufacturing, owing to increasing demand and manufacturing of mannequins in the Chinese region. China accounted for approximately 53% of world mannequin manufacturing share. Growth of plastics and fabrication industry in the region is the key factor attributing growth in the region. Moreover, China exports approximately 80% of mannequins to North America and European regions. On the other hand, increasing trade war between the USA and China is expected to hamper the demand for the products in the market. In addition, in Japan, use of mannequins and dummies is considered taboo and is banned in the region which is considered to restrain the growth of the market in APAC region.

Europe is anticipated to pose as the prominent region in the Mannequins Market owing to the well-established fashion and luxury brands sector in the region. In addition, as the fashion capital of the world, France accounted for approximately 55% mannequin in terms of unit consumption in European region. Abundance of luxury apparels and jewelry brands in the region is considered to drive the demand for the mannequins in the market.

North America is anticipated to pose as a prominent region in the market owing to increasing demand for mannequin by the regional retailers and fashion designers. The USA imports approximately 40% of mannequins per year owing to this increasing demand. Moreover, stamp duties and import charges are also lowered by the USA to compensate for the growing demand in the region.

Global Mannequins Market 3

The objective of the report is to present a comprehensive analysis of the Global Mannequins Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Mannequins Market dynamics, structure by analyzing the market segments and project the Global Mannequins Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Mannequins Market make the report investor’s guide

For More Information Visit :

https://www.maximizemarketresearch.com/market-report/global-mannequins-market/114812/

Global Mannequins Market Scope: Inquire before buying

Global Mannequins Market 4
Global Mannequins Market, by Region

• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global Mannequins Market Key Players

• Global Display Projects Ltd.
• Mondo Mannequins
• Cofrad
• La Rosa
• Shenzhen Huaqi
• Bonami
• Pentherformes Group
• ABC Mannequins
• Hans Boodt
• Almax
• New John Nissen Mannequins S.A.
• Bonaveri
• Window Mannequins
• Goldsmith and Bernstein Display
• Retailment
FAQs:

1. What is the global Mannequins market share in 2019?

Ans: Approximately, 1500 million USD.

2. Which material segment is leading the Mannequins market?

Ans: Fiberglass segment is dominating the market owing tovast adoption of fiberglass products by mannequin manufacturers for its high stability and blending provided by the material.

3. Who are the top companies in Global Mannequins manufacturing market?

Ans: Global Display Projects Ltd., Mondo Mannequins, Cofrad, La Rosa, Shenzhen Huaqi, Bonami, Pentherformes Group, ABC Mannequins, Hans Boodt, Almax, New John Nissen Mannequins S.A. and others

4. Which region is expected to dominate the Mannequins market during the forecast period?

Ans: Asia Pacific dominates themarket owing to increasing demand and manufacturing ofMannequins in China. In addition, growth of plastics and fabrication industry in the region is the key factor attributing growth in regional demand.

5. What is the key driving factor for the growth of the Global Mannequins market?

Ans:Increasing trend of fashion designing and attractive window displays by designers and retailers to increase the product sales are the key demand drivers for the market.

 

This Report Is Submitted By : Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

 

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.