Global Dancewear Market Size, Share and Trends Analysis Report by Product Type, by Distribution Channel, by End-User, by Application, by Regional Outlook and Forecast, 2022
The global dancewear market size is expected to reach $1. 4 billion by 2028, growing the market at 5.0% CAGR during the forecast period. Dancewear is a type of clothing and footwear available in a wide range of colors, fabrics, sizes, materials, and styles to suit many dance disciplines.
New York, June 27, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Dancewear Market Size, Share & Industry Trends Analysis Report By Product Type, By Distribution Channel, By End-user, By Application, By Insights and regional forecasts, 2022 – 2028” – https://www.reportlinker.com/p06283412/?utm_source=GNW
Dancewear is specially designed for specific dance forms and worn at dance events and concerts. It is designed to meet aesthetic requirements while increasing participation in the dance performed. Due to these reasons, the demand for dancewear is increasing, resulting in a larger market for dancewear.
Dancewear is a kind of clothing worn by dancers, especially for dance performances. Dance costumes are a type of attire that can change depending on the dance form. These costumes and dancewear serve to meet the visual needs of the entire event while encouraging participation in the activity. Manufacturers are introducing new forms of dancewear with a variety of fabrics and materials in response to changing fashion trends and increased emphasis on dance and its clothing.
Dance shoes, dance shorts, tutus, tights, arm warmers, leggings, unitards, leotards, and dance belts are all examples of dance wear. The style of dancewear differs depending on the type of dance. Ballet, for example, requires appropriate dancewear such as a leotard, wrap-around ballet skirt, tights, and ballet shoes. Tap dancing is a type of dance that involves tapping shoes. Leotard dancewear can be short-sleeved, long-sleeved, or sleeveless, and comes in a variety of colors (pink or black) depending on the ballet dress code. For this reason, dancewear should be breathable, stretchy and lightweight, to allow dancers to move freely and comfortably.
Impact of COVID-19
The COVID-19 pandemic has wreaked havoc on global apparel supply chains. Additionally, the impact of the pandemic on society and the economy has been seen as the result of global lockdowns, labor mobility restrictions, airline suspensions, travel bans and, most importantly, an economic downturn, all of which have seriously harmed the sustainability of the apparel supply. channels around the world. Security, training, awareness, crisis management and response, digitalization and technological innovation reforming business models, and other unforeseen effects have all been added to the global apparel and fashion industry following COVID-19.
Market Growth Factors
The Growing Trend of Workout Dancewear
Dancewear in a wide range of vibrant colors, geometric patterns, printed designs, improved fabric flexibility and comfort, ballet dancewear, costume customization, as well as designs worn by dancers traditional, and the availability of multiple artist collections have all emerged as new trends. in the practice dancewear market. Additionally, as the popularity of Zumba as a form of exercise increases, more and more people are participating in fitness programs involving soca, salsa, hip-hop, mambo, samba and dance. meringue. Accordingly, market expansion is expected to accelerate over the projection period. Many dance styles like salsa, ballets, samba, rumba and different forms of ballroom dancing like quickstep, waltz, foxtrot and others are also taught in schools to help children relieve tension, anxiety and to increase their confidence.
Dancewear provides more comfort and flexibility to a dancer
The most important trait a dancer must possess is flexibility. The dancer will have the most flexibility and control over their movements and body if they wear a comfortable, branded dance costume. It also helps people become better dancers by providing a high level of affability. Dancewear is designed to effectively serve this purpose. In all categories, another important quality is comfort. Dancers who wear dancewear should always feel comfortable working and completing their chosen job and having the best brand name dancewear will provide dancers with the most comfort when performing.
Market restraining factors
Presence of counterfeits hinders market growth
The easy availability of counterfeit products, on the other hand, is impacting the entire apparel industry and specifically the growth of the dancewear market. Moreover, they have an extremely negative impact on businesses, as premium brands are distinguished by their prestige as well as the limited quantity available. Counterfeits pollute the supply with similar looking, inferior quality items that are not made with the same care. In various ways, businesses are harmed by a lack of IPR (intellectual property rights) protection. Not only is there a direct loss of revenue, but there is also a loss of brand image.
Product Type Outlook
On the basis of product type, the market is segmented into bodywear, footwear, and accessories. The accessories segment generated a major share of revenue in the dancewear market in 2021. Dance accessories and equipment are among the many items that can be used to enhance performance. Hairpieces, belts, pom poms, caps, headbands, dresses, jewelry, and streamers are just a few types of accessories. Although most props are not necessary to be a proficient dancer, they are frequently used to enhance comfort and elegance. Bags, headbands, jewelry, ribbons, music players and other dance accessories are among the most frequently used.
Distribution Channel Insights
Based on distribution channel, the market is segmented into specialty stores, online channels, hypermarkets/supermarkets and others. The specialty store segment has acquired the highest revenue share in the dancewear market in 2021. The development has occurred due to the greater availability of high-quality dancewear products that attract customers to specialty stores. Therefore, sales of dancewear in specialty stores are higher than in other distribution channels.
End User Outlook
Based on the end user, the market is segmented into women, men and children. The men’s segment has provided a substantial revenue share in the dancewear market in 2021. Any instructor will swear that dancing improves an individual in more than just physical health; the social and psychological benefits are probably even more useful because they apply to real-life situations. Thus, many men are increasingly turning to dancing for fitness reasons. The patience and dedication required to learn a dance routine is immense. These are vital lessons that young men, like young women, need. Connoisseurs know how demanding and time-consuming dancing can be. Participants improve their physical condition not only in terms of anaerobic capacity, but also in terms of muscle development.
Based on application, the market is segmented into concerts, theater, entertainment industry and others. The other segment procured a substantial share of the dancewear market revenue in 2021. Consumers who wear dancewear in schools, universities, and public institutions belong to the other segment. The demand for dancewear has increased as the number of annual events, dance competitions and other regular activities at universities has increased. Social dancing and participatory dancing, on the other hand, can be performed without an audience and are often not choreographed or danced to music, but there are exceptions. Some ceremonial and baroque dances, for example, combine concert and participation dancing by having participants assume the roles of performer and audience at different times.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific and Latin America, Middle East & Africa. The North American region has acquired the largest revenue share in the dancewear market in 2021. This trend is expected to continue till 2024. The dominance of the market is partly attributed to the prevalence of dance schools, as well than an increase in the number of events. and performances produced to persuade audiences to acquire fashionable dancewear and incorporate dancing into their daily routines.
The market research report covers the analysis of major market players. Key companies profiled in the report include ONWARD HOLDINGS Co., Ltd., Revolution Dancewear LLC, SF Dance Gear, Wear Moi Sas, Ballet Makers, Inc., BLOCH UK Ltd., Bullet Pointe, Flo Dancewear and Grishko Dance sro.
Scope of the study
Market Segments Covered in the Report:
By product type
• Body clothes
By distribution channel
• Specialty stores
• Online channels
Per end user
• Entertainment industry
• North America
o United States
o Rest of North America
o United Kingdom
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia-Pacific
o Saudi Arabia
o South Africa
o Rest of the LAMEA
• ONWARD HOLDINGS Co., Ltd.
• Revolution Dancewear LLC
• SF Dance Equipment
• Wear Me SAS
• Ballet Makers, Inc.
• BLOCH UK Ltd.
• Bullet Tip
• Flo Dancewear
• Grishko Dance sro
• Comprehensive coverage
• The largest number of tables and figures on the market
• Subscription-based model available
• Best price guaranteed
• Provided after-sales research support with 10% free customization
Read the full report: https://www.reportlinker.com/p06283412/?utm_source=GNW
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