Mannequin Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global mannequin market was valued at USD 5.14 billion in 2022, and a CAGR of 3.6% is expected during the forecast period. Mannequin is a model of the human body, displaying clothes in shop windows. Increasing demand for mannequins from various industries, from retail to fashion design to display clothing and accessories, is driving growth in the market. Its shape and size are different to fulfill different purposes and aesthetics. With the expansion in the retail sector, there is a growing demand for mannequins to display merchandise effectively.

The dynamic nature of the fashion industry is driving demand for mannequins in the market, which drives the need for updated and innovated mannequins. With the rise in online shopping, there is an increasing need for visually appealing products to be displayed on websites, which often represent mannequins. Innovations such as 3D printing and virtual reality contribute to the development of more realistic and customizable mannequins.

Impact of Covid-19

COVID-19 has had a significant impact on the mannequin market. Due to the temporary shutdown of retail stores, disruptions in the supply chain, stringent lockdown, and physical distancing, the market had to face a slowdown. The shift in focus towards purchasing essential goods for survival was the significant reason behind the change in market dynamics. Later on, with some ease in lockdown and physical distancing, the demand for online shopping increased, and the demand for mannequins increased with time. Increasing demand for buying clothes, according to modern trends, is driving demand in the mannequin market. The increasing disposable income of people in emerging economies and the increasing trend of online shopping are driving the demand for mannequins in the market.

Growth Drivers

The increasing number of retail cloth stores and the increasing online shopping culture are driving growth in the mannequin market significantly. With a rise in online shopping, there is a need for visually appealing product displays on websites, which often include digital representations of mannequins. Innovations such as 3D printing and virtual reality contribute to the development of more realistic and customizable mannequins to reflect their brand identity and cater to diverse consumer preferences.

Increasing awareness of environmental issues prompts businesses to adopt sustainable practices, leading to a demand for eco-friendly materials and manufacturing processes in the mannequin industry. Increasing disposable income in almost all parts of the world is driving growth in the mannequin market significantly. Increasing growth in e-commerce is the key factor behind the significant growth in the mannequin industry.

The presence of many key players in the European and North American regions is driving growth in the market. Key players all over the world are shifting their focus towards biodegradable and recyclable manikins. Increasing awareness about environmentally friendly products is driving significant growth in the market. The rising number of modern apparel stores is increasing the demand for mannequins. The growing apparel and accessories fashion trend will boost market growth.

Segmentation

By Product Type

·         Women

·         Men

·         Others

·         Children

Material

·         Fiber Glass

·         Plastic

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Europe

·         Middle East and Africa

·         Latin America

Mannequin Market by Product Segmentation

On the basis of products, the mannequin market is segmented into men, women, children, and others. The women's segment is the leading one and is expected to dominate the market during the forecast period. Increasing disposable income all over the world and fashion-freak women are driving the demand for women’s mannequins in the market.

The men segment is mainly leading due to the increasing population of men in the world and the increasing demand for sports apparel and other garments. The increasing popularity of muscular and stylized male dress forms is driving the demand for mannequins. The rising popularity of realistic dummies is increasing growth in the mannequin market.

Mannequin Market by Material Segmentation

On the basis of materials, the mannequin market is segmented into fiber glass, plastic, and others. Increasing demand for realistic dummies is driving growth in the market significantly. The fiber glass segment is the leading one and is expected to lead the market during the forecast period. The cost-effectiveness of plastic dummies has made them a popular choice among retailers and customers. Fiberglass mannequins are durable, and they are popular due to their ability to be molded into various poses and styles. Plastic mannequins, on the other hand, are light-weight and cost-effective, making them effective for temporary displays or budget-conscious retailers. Both materials offer different benefits.

Regional Outlook

On the basis of the regions, the mannequin’s market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America, particularly cities like New York and Los Angeles, are global hubs for the fashion industry. Demand for mannequins is high due to the numerous fashion retailers, designers, and fashion shows in the region. North American retailers are often at the forefront of adopting new trends and innovative display techniques. This drives the need for diverse and customizable mannequin designs to showcase various clothing styles and concepts. The retail landscape in North America is diverse, ranging from high-end boutiques to large department stores. Increasing demand for mannequins in advertising and marketing campaigns is driving the demand in the market significantly. Increasing investment by retailers in eye-catching displays to attract customers is driving the demand for mannequins. Several leading mannequin manufacturers are based in North America, facilitating easier access to a wide range of products for retailers in the region. Growing clothing retailers’ emphasis on operational efficiency and gaining more revenue with fewer efforts is driving growth in the market. In the European market, the number of retail clothing stores is rapidly increasing. The Middle East, Africa, and Latin America are witnessing moderate growth in the market due to increasing interest among people and increasing disposable income. Countries like the United Arab Emirates, South Africa, and Brazil are witnessing significant growth in the market. Egypt, Saudi Arabia, Qatar, and many other African countries are also not far behind.

Key Players

·         Able Art Limited

·         Genesis Display GmbH

·         Best Mannequin B.V.

·         3S Mannequin INC

·         IDW DISPLAY

·         Global Mannequin

·         Las Vegas Mannequin

·         Abstract Mannequin

·         Hans Boot Mannequin

·         Euveka

·         Other Players