The global mannequin market size was valued at USD 5.20 billion in 2021 and touched USD 5.29 billion in 2022. The market is expected to reach USD 6.34 billion by 2029, exhibiting a CAGR of 2.6% during the forecast period. Rising demand for bio-degradable manikins and the increasing popularity of abstract dummies from apparel retailers may fuel industry growth. Fortune Business Insights™ shares this information in its report titled “Mannequin Market, 2022-2029.”
Closure of Fashion Goods Manufacturing Negatively Affected Market Growth
The market was negatively affected during the COVID-19 pandemic due to the closure of fashion goods production. The alarming spike in COVID-19 infections led to transport, travel, and manufacturing restrictions, hindering industry growth. The closure of manufacturing led to a lack of supply, whereas transport and travel restrictions led to material shortages. However, manufacturers adopted automated production techniques, reduced capacities, part-time shifts, and online retail to combat challenges during the pandemic, thereby boosting sales.
Browse Detailed Summary of Research Report:
https://www.fortunebusinessinsights.com/mannequin-market-106818
