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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. Fortune Business Insights™ presents this information in its report titled “Mannequin Market Size, Share & Industry Analysis, By Product Type (Women, Men, Children, and Others), By Material (Fiberglass, Plastic, and Others), and Regional Forecast, 2025-2032”. The surge is on account of the advantages of enhanced customer experience and maintenance of visual merchandise. Furthermore, major industry players focus on the production of bio-resins, plant, wood, and other materials for contributing toward environmental sustainability. The increasing popularity of semi-abstract, abstract, and window display lay figures are expected to propel industry expansion over the coming years.
Decline in Product Demand Due to Shutdown of Fashion Stores Amid COVID-19 Pandemic
The imposition of lockdown restrictions amid the COVID-19 pandemic led to the closure of fashion goods stores. This affected this industry growth to a considerable extent. However, the loosening of clothing shops during the uplifting of COVID related restrictions led to a considerable jump in the sales of clothing and accessories.
Stradivarius Chooses Twiggy to Launch their New Vintage Collection
In October 2021, Spanish fashion brand, Stradivarius, chose Twiggy for launching their new vintage collection. The collection constitutes everything that Twiggy is familiar with. The events were staged in London, Barcelona, and Madrid.
In Madrid, Twiggy is paired with vibrant garments from the Stradivarius 2021 Vintage Collection and a cool contemporary backdrop.
Product Demand to Surge Owing to Increasing Number of Modern Apparel Stores
Mannequins market growth is majorly being driven by an increase in the number of modern apparel stores. This is further propelled by the increasing demand from quality apparel & accessories from fashionistas. This is likely to elevate the usage of display forms among retailers of fashion products. In addition, market players such as Euveka, BONAVERI, and others have been offering new and advanced technologies which have been playing a role of visual merchandising.
However, recent years have recorded an increase in the preference for online shopping for jewelry, footwear, apparel, and others. The growing popularity of online distribution channels could hinder industry expansion to some extent.
Key Companies Strike Strategic Deals to Strengthen Industry Position
Major industry players ink a range of strategic deals for strengthening the positions of their businesses. These include partnership agreements, mergers, acquisitions, and the launch of new solutions. Some of the additional initiatives include an upsurge in research activities and increasing participation in trade conferences. The research initiatives are being undertaken for the development of advanced products.
List of Key Players Profiled in the Market
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/mannequin-market-106818
Key Industry Development
Further Report Findings
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Growth Rate |
CAGR of 4.28% from 2025 to 2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Product Type
By Material
By Region
|