BANGALORE, India, April 7, 2022 /PRNewswire/ — children’s clothing market is segmented by Type – Apparel, Footwear, by Application – Girls, Boys. Global Opportunity Analysis and Industry Forecast 2022 – 2028. It is published in Appreciate the reports under the Clothes Category.
The global children’s clothing market size is estimated to be worth 272180 million USD in 2022 and should have a readjusted size of US$329,570 million by 2028 with a CAGR of 3.2% over the reporting period.
The major factors that are driving the growth of the children’s clothing market are
Consumer demand for high-end and branded clothing, product customization, innovation, affordable children’s clothing and footwear, and an increase in online shopping are driving the market growth across the globe .
The growth of the children’s clothing market is also fueled by a rapidly growing global population and rising disposable income.
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TRENDS INFLUENCING THE GROWTH OF THE KIDS CLOTHING MARKET
Factors such as aggressive promotional activities by manufacturers and growth in the online retail market, which provides a hassle-free shopping experience while providing consumers with a wide range of options, are expected to propel the market upwards. ‘before. Some of the other factors boosting the growth of the Children’s Clothing market include brand awareness among children and parents, rising influence of television and mass media, and active participation of celebrities in campaigns and advertisements of various brands. The increasing exposure to celebrities is having a positive impact on product sales.
Social media is expected to further increase the growth of the children’s clothing market. Parents in both developed and developing countries are increasingly posting photos of themselves and their children in matching outfits on Instagram and other social media platforms. In addition, major brands have influenced this trend by creating miniature, but age-appropriate versions of clothing for adults. They were sold alongside adult versions of clothing in stores. This trend of pairing with children is gaining momentum in the market for children’s clothing.
Additionally, the growing trend of online shopping is expected to further fuel the growth of the Baby Clothing market.
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CHILDREN CLOTHING MARKET SHARE ANALYSIS
By type, the apparel segment is expected to be the most lucrative during the forecast period.
Based on end users, the girls segment is expected to be the most lucrative segment. Girls are expected to make up the majority of the market as they are more interested in clothing than boys. Likewise, the desire of many girls to beautify and improve their looks is fueling the demand in this segment.
Based on the region, Asia Pacific should be the most lucrative segment. The increasing number of dual-income households in this region is expected to have a significant impact on the growth of the market. Moreover, increasing urbanization has attracted a large number of parents towards various types of children’s clothing, which has led to an increase in consumption.
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Market by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Market by company
- Benetton Group SpA
- Carter’s Inc.
- Spirit Holdings Ltd.
- Global Brands Group Holding Limited
- Fruit of the Loom, Inc.
- Hanesbrands, Inc.
- Kellwood Clothing
- Phillips-Van Heusen Corporation
- Polo Ralph Lauren
- Nike
- Semir
- Adidas
- V.F. Corporation
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SIMILAR REPORTS
– The Global Children’s smartwatch market the size is estimated at the value $1297.8 million in 2022 and should have a readjusted size of $3081.2 million by 2028 with a CAGR of 15.5% over the review period.
– In 2020, the world Children’s socks market the size was $8619.5 million and it is expected to reach $10100 million by the end of 2027 growing at a CAGR of 2.4% over the period 2021-2027.
– The Global Men’s and boys’ clothing market the size is estimated at the value 479110 million USD in 2022 and should have a readjusted size of US$556,920 million by 2028 with a CAGR of 2.5% over the review period.
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