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Bridal Stores in the UK - Industry Market Research Report

Publisher IBISWorld
Published Aug 13, 2024
Length 71 Pages
SKU # IBSS19120322

Description

Bridal Stores in the UK - Industry Market Research Report


Bridal Stores in the UK

Bridal boutique revenue is expected to creep downwards at a compound annual rate of 3.1%. Unsurprisingly, bridal store revenue is heavily influenced by the marriage rate. Unfortunately, changing social structures make marriage less of a priority – with Britons prioritising expenditure on education, travel and other experiences over-elaborate weddings. Historically marriage has also been viewed as an economic contract, a way for men to support women financially. Still, times have changed, and it's becoming easier for women not to marry if they don't want to. Regulatory changes like the Marriage (Same Sex Couples) Act have boosted legal partnerships and ceremonies, but changes in legislation haven't offset the overall downward trend in opposite-sex marriages.

Stores in this industry specialise in selling wedding dresses and clothes for members of the bridal party. They also sell jewellery and accessories and some stores provide fitting and alteration services. The industry excludes the bridal sections of department stores and online retailers that sell similar items.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

71 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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