Children’s clothing market will reach USD 329570 million by 2028, with a CAGR of 3.2% | Wender Mind Kids

Children's clothing market will reach USD 329570 million by 2028, with a CAGR of 3.2%

Bangalore, India, April 7, 2022 /PRNewswire/ — Children’s clothing market is segmented by type – clothing, shoes, by application – girls, boys. Global Opportunity Analysis and Industry Forecast 2022 – 2028. It is published in Evaluates reports under the dress Category.

The size of the global children’s clothing market is estimated $272180 million in 2022 and is expected to have a readjusted size of $329570 million until 2028 with a CAGR of 3.2% in the period under review.

The main factors behind the growth of the children’s clothing market are

Consumer demand for premium and branded apparel, product customization, innovation, affordable children’s apparel 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 being driven by a rapidly expanding world population and increasing disposable income.

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TRENDS INFLUENCE THE GROWTH OF THE CHILDREN’S CLOTHING MARKET

Factors such as aggressive promotional activities by manufacturers and the growth of online retail market that offers hassle-free shopping experience and offers consumers a wide range of options are expected to propel the market. Other factors driving the growth of the children’s clothing market are the increase in brand awareness among children and parents, the growing influence of television and mass media, and the active participation of celebrities in campaigns and advertisements of various brands. Increasing contact with celebrities has a positive effect on product sales.

Social media is expected to further boost the growth of children’s clothing market. Parents in developed and developing countries are increasingly posting photos of themselves and their children in matching outfits on Instagram and other social media platforms. Additionally, leading brands have influenced this trend by creating small but age-appropriate versions of adult clothing. They were sold in stores along with adult versions of clothing. This trend towards partnerships with children is gaining momentum in the children’s clothing market.

In addition, the increasing trend of online shopping is expected to further drive the growth of children’s clothing market.

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MARKET SHARE ANALYSIS FOR CHILDREN’S APPAREL

Depending on the type, the apparel segment is expected to be the most lucrative during the forecast period.

Based on the end consumers, 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 clothes than boys. Likewise, the desire of many girls to beautify and improve their appearance fuels demand in this segment.

Based on region, Asia Pacific is likely to be the most lucrative segment. The growing number of dual-income households in this region is expected to have a significant impact on the market growth. In addition, increasing urbanization attracted a large number of parents to different types of children’s clothing, which 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.
  • Esprit Holdings Ltd.
  • Global Brands Group Holding Limited
  • Fruit of the Loom, Inc.
  • Hanesbrands, Inc.
  • Kelwood clothing
  • Phillips-Van Heusen Corporation
  • polo Ralph Lauren
  • Nike
  • Semir
  • Adidas
  • VF Corporation

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SIMILAR REPORTS

– The globe Kids Smartwatch Market Greatness is valued to be worth $1297.8 million in 2022 and is expected to have a readjusted size of $3081.2 million until 2028 with a CAGR of 15.5% in the period under review.

– In 2020, the global Children’s socks market size was $8619.5 million and it is expected to achieve $10100 million by the end of 2027, with a CAGR of 2.4% over 2021-2027.

– The globe Men’s and boys’ clothing market Greatness is valued to be worth $479110 million in 2022 and is expected to have a readjusted size of $556920 million until 2028 with a CAGR of 2.5% in the period under review.

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