Due to favorable economic conditions, the Lingerie, Swimwear and Bridal Stores industry is expected to grow over the five years to 2017. Since most industry products are considered discretionary, the industry typically trends in line with the health of the overall economy; over the past five years, as per capita disposable income increased, the industry was supported by greater consumer spending power. Furthermore, demand was also strengthened by growth in the industry's largest market: adults between the ages of 20 and 64. Continued economic growth will encourage further industry growth over the five years to 2022. Equipped with deeper pockets, IBISWorld expects consumers to increase their spending on high-end discretionary items, such as those sold by industry operators, leading to increased demand and sales.
Operators in this industry retail specialized lines of clothing, including bridal gowns, costumes, lingerie, uniforms and swimwear. These products are purchased from domestic and international manufacturers and wholesalers, and then retailed to the general public. Industry operators also often provide custom apparel through alterations such as hemming; taking in or letting out seams; or lengthening or shortening sleeves.
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.