PUNE, India, September 22, 2022 (GLOBE NEWSWIRE) — Loud Fortune Business Insights™the globe Mannequin Market The size was estimated at $5.20 billion in 2021 and reached $5.29 billion in 2022. The market is expected to reach USD 6.34 billion by 2029, registering a CAGR of 2.6% over the forecast period. Increasing demand for biodegradable dolls and increasing popularity of abstract dummies among apparel retailers could fuel the growth of the industry. Fortune Business Insights™ shares this information in his report entitled “Mannequin Market, 2022-2029.“
Effects of COVID-19:
The closure of manufacturing of fashion items negatively impacted the market growth
The market has been negatively impacted during the COVID-19 pandemic due to the closure of fashion item production. The alarming rise in COVID-19 infections led to restrictions on transportation, travel and production, hampering the growth of the industry. Production shutdowns led to supply shortages, while transport and travel restrictions led to material shortages. However, manufacturers have adopted automated production techniques, reduced capacity, part-time shifts and online trading to deal with the challenges during the pandemic, thereby boosting sales.
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Mannequin Market Scope and segmentation of the report:
| report coverage | details |
| forecast period | 2022-2029 |
| Forecast CAGR | 2.6% |
| Value prognosis 2029 | $6.34 billion |
| base year | 2021 |
| Market size for Mannequins in 2021 | $5.20 billion |
| Historical data | 2018-2020 |
| number of pages | 165 |
| Covered Segments | By product type, by material, by region |
| Growth drivers of Mannequin market | Product innovations to drive market progress |
| Increasing number of modern clothing stores to support product demand |
Fortune Business Insights™ lists all the companies in the Mannequin market that are currently striving to reduce the impact of the Covid-19 pandemic on the market:
- Able Art Limited (Hong Kong)
- Genesis Display GmbH (Germany)
- Best Mannequin BV (Belgium)
- 3S…
