Mannequins refer to articulated dolls that are used by dressmakers, tailors, window-dressers, and artists, particular for displaying or fitting clothing. Mannequin is also used to imply life-sized dolls equipped with simulated airways for teaching of advanced airway management skills, CPR, and first aid. Various product types of mannequins are available in the market such as full body, upper body, hear and lower body.
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The global market for mannequins is characterized by existence of well-established regional and global mannequin vendors. These established market players possess immense funds and resources for investing in research and development activities related to mannequins. In addition, leading market players are focusing on developing new mannequin feedstock and technologies. These factors are likely to enhance the competitive scenario of the global mannequin market in the foreseeable future.
The global mannequins market is projected to register an impressive expansion during the forecast period (2017-2022), according to a new report by Fact.MR. Fact.MR estimates the global sales of mannequins to exceed US$ 13,000 Mn in revenues by 2022-end.
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APEJ to Register Highest CAGR in Global Mannequin Market through 2022
Asia-Pacific excluding Japan (APEJ) is anticipated to remain the largest market for mannequins. Over one third revenue share of the global mannequin market will be accounted by sales of mannequins in APEJ throughout the forecast period. In addition, the mannequin market in APEJ is projected to register the highest CAGR through 2022, followed by North America. The market in Europe will remain comparatively more lucrative than in North America, but less lucrative than in APEJ during 2017 to 2022.
Full body mannequins will continue to be the most lucrative among products in the global mannequin market. Sales of full body and upper body mannequins are projected to register the fastest expansion in the market through 2022. Both these product types of mannequins will account for over three-fourth revenue share of the market in 2017. Demand for full body and upper body mannequins will witness a gradual rise by 2022-end.
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On the basis of target group, adults segment is expected to remain dominant in the global mannequin market. Sales of adults segment of mannequin’s target group will account for over US$ 6,000 Mn by 2022-end. Infants & toddlers segment is expected to be the least lucrative target-group segment in the global mannequin market. Sales of infants and toddlers will witness a steady expansion in the market over the forecast period.