PUBLISHER: KBV Research | PRODUCT CODE: 1384901
PUBLISHER: KBV Research | PRODUCT CODE: 1384901
The Latin America, Middle East and Africa Mannequin Market would witness market growth of 4.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 496.9 thousand units, showcasing a growth of 4.6% (2023-2030).
One of the latest developments in the retail and fashion sector is the emphasis on creating immersive and experiential shopping environments. Retailers are constantly seeking innovative ways to engage customers, and mannequins are instrumental in achieving this goal. Mannequins have evolved from static figures into dynamic storytellers, assisting retailers in creating thematic displays that capture the essence of their brands and collections. Mannequins have become subjects and objects of artistic experimentation, allowing artists to explore themes of identity, expression, and form. The fusion of art and mannequins has redefined their role beyond the retail sector, making them essential tools for artistic creation.
Mannequins have not limited their applications to the retail sector; they have also made their way into the events and entertainment industry. They are used in theatrical productions, exhibitions, and trade shows to create realistic scenes and displays. The latest developments in this field involve the use of mannequins to captivate and engage audiences with life-like scenes, presentations, and immersive experiences. These dynamic displays give events and exhibitions a new level of depth and make sure that visitors are actively involved in the visual storytelling that mannequins facilitate rather than just being passive spectators.
South Africa boasts a vibrant fashion scene, with numerous local designers gaining recognition both nationally and internationally. Designers like Laduma Ngxokolo of MaXhosa, known for his contemporary knitwear inspired by Xhosa beadwork and patterns, have received global attention. The brand's luxurious knitwear collections represent a fusion of heritage and modern fashion, resonating with local and international markets. As per the data from Statistics South Africa in 2023, seasonally adjusted retail trade sales rose by 0.8% from the first quarter of 2023 to the fourth quarter of 2022. Retailers of apparel, footwear, textiles, and leather items contributed the most to this gain (4,4%, or 0.8 percentage points). Therefore, the expansion of apparel and textile sectors in the LAMEA region will boost the demand for mannequins.
The Brazil market dominated the LAMEA Mannequin Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $149.8 Million by 2030. The Argentina market is showcasing a CAGR of 5.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 4.6% during (2023 - 2030).
Based on Product Type, the market is segmented into Women, Men, Children, and Others. Based on Material, the market is segmented into Fiberglass, Plastic, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Able Art Limited, Genesis Display GMBH, Best Mannequins BV, 3S Mannequins Inc. (Anasys Concept Developers Pvt. Ltd.), IDW Display, EUVEKA, Abstract Mannequins, Hans Boodt Manneqins, Global Mannequins, and Bonaveri Srl.
Market Segments covered in the Report:
By Product Type (Volume, Thousand Units, USD Million, 2019-2030)
By Material (Volume, Thousand Units, USD Million, 2019-2030)
By Country (Volume, Thousand Units, USD Million, 2019-2030)
Companies Profiled
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