The global mannequin market size was valued at USD 5.37 billion in 2024. The market is projected to be worth USD 5.53 billion in 2025 and reach USD 7.41 billion by 2032, exhibiting a CAGR of 4.28% during the forecast period. The surge can be attributed to the increasing range of products of various types. These include torso, abstract, and realistic.
Segments:
Women's Segment to Witness Significant Growth Amid Rising Demand for Plus-size Mannequins
The mannequin market is categorized by product type into men, women, children, and others. Among these, the women's segment is expected to experience notable expansion over the forecast period. This growth is primarily attributed to the increasing demand for apparel and accessories among female consumers.
Fiberglass Segment to Experience Strong Growth Due to Widespread Adoption by Industry Leaders
In terms of material, the market is divided into plastic, fiberglass, and others. The fiberglass segment is projected to witness substantial growth throughout the forecast period, driven by its increasing adoption by leading manufacturers for producing mannequins.
Based on geography, the market for mannequins has been categorized into Asia Pacific, Europe, North America, the Middle East & Africa, and South America.
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Top Leading Company in the Mannequin Market:
- Able Art Limited (Hong Kong)
- Genesis Display GmbH (Germany)
- Best Mannequin BV (Belgium)
- 3S Mannequin Inc. (India)
- IDW Display (Lithuania)
- EUVEKA (France)
- Abstract Mannequin (India)
- Hans Boodt Mannequin (Netherlands)
- Global Mannequin (India)
- BONAVERI (Italy)
- Las Vegas Mannequin (U.S.)
Report Coverage:
The report provides a comprehensive analysis of the major trends propelling the global business scenario throughout the projected period. It further gives an account of the crucial steps taken by leading industry participants for strengthening the positions of their businesses. Additional aspects of the report comprise an analysis of the vital factors impelling industry growth across various regions.
Drivers and Restraints:
Market Value to Surge Driven by Increasing Innovation of Mannequin Products
One of the key factors propelling mannequins market growth is the increase in the adoption of advanced technology-based lay figures in clothing stores. These are used to influence clothing retailers for ordering a range of dress forms, favoring industry expansion.
However, the industry expansion could be affected by an upsurge in the adoption of online shopping of fashion goods.
Regional Insights:
North America to Emerge as Leading Region Impelled by Growing Spending on Outdoor Recreation
North America mannequins market share is anticipated to register considerable expansion throughout the forecast period. The surge is due to the increasing focus of retailers on building operational efficiency and productivity for their apparel businesses.
The Europe market is slated to record substantial growth over the estimated period. The rise is driven by the increasing number of clothing stores preferring innovative manikins.
Competitive Landscape:
Key Players Enter Partnership Agreements to Strengthen Industry Position
Major market participants are centered on the adoption of an array of strategic initiatives for the consolidation of their industry positions. These steps include merger agreements, acquisitions, and the rollout of new solutions. Some of the other initiatives comprise a rise in research initiatives and the development of new products.
Key Industry Development:
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February 2023: MuckN Brass started selling ‘Luxe-Cycling,' a garden project-purpose mannequin legs to the department stores in the U.K.