According to Cognitive Market Research, The Global Evening Dress market size will be USD 1.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 3.90% from 2023 to 2030.
Opportunities for market expansion are presented by rising consumer buying power and a growing interest in high-end fashion.
Demand for silk dresses remains higher in the evening dress market.
The offline channel held the highest evening dress market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific evening dress market will experience the fastest growth until 2030