Haute Couture Market will Witness the Highest CAGR by 2021

Global Haute Couture Market is segmented on the basis of product type as Catwalk, Banquet, and Other occasion. The formation of selective custom-fitted clothing and garments is known as Haute Couture. It is high end fashion that is made by hand from the starting to the finishing of the process. While making this type of clothing, high quality, classy and unusual fabric is utilized that is usually sewn with great attention especially given to the details. The work is mainly carried out by the most skilled and capable sewers with the help of time-consuming and hand-executed methods. Couture signifies the best quality garment custom that is created by the most professional and expert artisans across the world.

These particular pieces are being publicized and showcased in the Paris couture fashion week and the show is viewed by a huge number of people. However, only a small number of people are actually able to afford these items as they are said to be quite expensive and highly priced in nature. It is deemed as the zenith of fashion design. If the term is accurately translated, it can be explained as high dressmaking. Moreover, it is said that a particular garment cannot be labeled as haute couture unless it is hand-made in Paris.

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The key factors that are contributing significantly in raising the share of the market include augmented demand from the fashion industry, rise in industrialization, rising interests and curiosity among the customers and increase in the disposable income of the customers. Haute Couture Market will gain huge recognition across the globe and it will witness the highest CAGR in the next couple of years, the reason being technological advancements and augmented demand from the aristocratic masses around the world.

Haute Couture Market is segmented on the basis of geographical region as North America, Europe, Asia Pacific, and Rest of the World. As far as the geographical region is concerned, North America is lately been deemed as the leader of the market and it is simultaneously accounting for the largest share in the market, the reason being rise in the standard of living, augmented demand from the population and rising interests among the masses. On the other hand, Europe and Asia Pacific are also witnessing huge growth, the reason being emergence of many leading manufacturers in the regions. The key players operating in the Haute Couture Market include Saint Laurent, Ricci, Givenchy, Zegna, Dior, Tom Ford, and Kiton.

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