The Asia Pacific Mannequin Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,788.1 thousand units, showcasing a growth of 3.0% (2019-2022).
The customization and personalization of mannequins align with branding strategies. Businesses aim to create a unified and consistent brand image, which extends to the choice of mannequins. This cohesive approach reflects positively on consumers, instilling confidence in the brand's identity. More and more retailers and brands are looking for mannequins that can be customized to their unique requirements and target markets. This trend is propelled by the desire to create unique and memorable shopping experiences that resonate with individual customers.
Furthermore, mannequin customization extends to poses, skin tones, and facial features. Retailers are keen to use mannequins that accurately represent their customer base, embracing diversity and inclusivity. Mannequins are available in various body types, allowing businesses to showcase their clothing on figures that mirror the diversity of their customers.
In the fashion industry, personalization is key to meeting consumer expectations. Mannequins are selected based on the latest trends and customer preferences. They are dressed to reflect the style of the moment, encouraging shoppers to emulate the looks presented. Personalized mannequins create a direct connection between the fashion industry and the consumer, shaping buying decisions.
Asia Pacific is a key global manufacturing hub for the apparel industry. Countries like China, Bangladesh, Vietnam, and India are major producers of clothing, supplying a substantial portion of the world's garments. For instance, China is the world's largest clothing exporter, while Bangladesh is a major hub for ready-made garments due to its low labor costs and high production capacity. The Asia Pacific region represents a diverse consumer market with various preferences and purchasing power. As per the data from the State Council of China, from January to April of 2021, the combined operating revenue of major Chinese garment enterprises expanded 13.4 percent year-on-year to 407.8 billion yuan (about $63.86 billion), according to the Ministry of Industry and Information Technology. Meanwhile, the total profits of 12,444 major garment firms jumped 37.9 percent from a year ago to 18 billion yuan. As a result, the growing demand for mannequins in the region will be driven by the expansion of the apparel industry in the region.
The China market dominated the Asia Pacific Mannequin Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $687 Million by 2030. The Japan market is registering a CAGR of 2.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 4.1% during (2023 - 2030).
Based on Product Type, the market is segmented into Women, Men, Children, and Others. Based on Material, the market is segmented into Fiberglass, Plastic, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Mannequin Market is Predict to reach USD 6.4 Billion by 2030, at a CAGR of 3.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Able Art Limited, Genesis Display GMBH, Best Mannequins BV, 3S Mannequins Inc. (Anasys Concept Developers Pvt. Ltd.), IDW Display, EUVEKA, Abstract Mannequins, Hans Boodt Manneqins, Global Mannequins, and Bonaveri Srl.
By Product Type (Volume, Thousand Units, USD Million, 2019-2030)
By Material (Volume, Thousand Units, USD Million, 2019-2030)
By Country (Volume, Thousand Units, USD Million, 2019-2030)
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