The making of selective customized garments and clothing is called haute couture. It is a high end variety of fashion, which is crafted by hand right from the start till the end, with all the processing in between. During its making the high quality, type of clothing, and classy and unusual fabric is used which is usually sewn with extreme precision, particularly to the details. The task is majorly performed by the very skilled and experienced sewers with the help of hand-executed methods that are immensely time-consuming. Couture symbolizes the top quality garment custom which is crafted by the most expert and professional artisans across the globe.
These particular dresses and materials are marketed and presented in the Paris couture fashion week. These shows are attended and watched by a large number of people across the world. Nevertheless, just a small section of people are capable of affording these products, owing to their high cost. This is signified as the zenith in fashion sector. The term can be fairly translated into high dressmaking. Along with it, it is expected that a specific garment cannot be labeled as haute couture if it is not hand-made in Paris, particularly. Global haute couture market is divided as per the product type such as banquet, catwalk, and others.
Rising Interest Among Masses to Fuel Demand for Haute Couture in Global Market
The major factors driving the growth of global haute couture market and contributing in increase in market share comprise of increased demand from fashion sector, increase in curiosity and interest among the buyers, rapid industrialization, and growth in disposable income of the people. The market is prognosticated to achieve significant recognition all over the world, and is likely to experience the notable rise in CAGR in forthcoming years. Advancement in technologies, and filliped demand from high class people are the contributing factors in the market growth.
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North America to lead Global Haute Couture Market
Global haute couture market is segregated based on geographical region as Europe, Asia Pacific, North America, and Rest of the World (RoW). Among all of these North America is foreseen to emerge as a leader in the market. Moreover, the region also held the largest amount of share in in the global haute couture market. The major factors augmenting the growth of the mentioned region are improvement in the standard of living, rise in demand from the population, and growing interests among the people. Moreover, on the flipside, Asia Pacific and Europe are estimated to experience a tremendous growth, which is supported by the advent of several key manufacturers in both the regions.
Some of the major companies leading the global haute couture market are Chanel, Atelier Versace, Zuhair Murad, Givenchy, Saint Laurent, Stephane, Shiaparrelli, Viktor&Rolf, Guo Pei, Yuima Nakazato, Alexis Mabille, Dior, Giorgio Armani Prive, Jean Paul Gauthier, Ellie Saab, Ralph&Russo, Julien Fournie, Valentino, Giambattista Valli, Iris Van Herpen, and Georges Hobeika.