$ 82.54 billion in baby clothing market revenue by 2027 |


Pune, India, November 01, 2021 (GLOBE NEWSWIRE) – According to Fortune Business Insights â„¢, the baby clothes market The size is expected to reach USD 82.54 billion by 2027, with a CAGR of 4.2% during the forecast period. The growing inclination for fashionable children’s clothing among modern-age parents will drive the growth of the market. The market size was USD 62.04 billion in 2019.

The convenience of e-commerce to stimulate product demand

The increasing accessibility of online apparel and accessories platforms will contribute to the expansion of the market. In addition, infrastructure development and renovation of existing retail stores can have an excellent effect on the market. The growing collaboration of big brands can promote healthy market growth. For example, in March 2019, the department store PT Matahari Tbk announced its collaboration with OVS, one of the leading Italian clothing companies that also offers baby clothes. Through this collaboration, Matahari stores will become the exclusive distributor of OVS products in Indonesia, thus expanding the reach of its products. In addition, the increasing number of working women resulting in high purchasing power may drive the demand for designer clothes for toddlers which, in turn, will drive the market growth. Likewise, the trend of baby photoshoots is expected to fuel the demand for stylish new age baby clothes, in turn driving the growth of the market.

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The report lists the companies of the Baby Clothing Market:

  • Carter’s, Inc. (Atlanta, US)
  • The Children’s Place, Inc. (Secaucus, US)
  • Industria de Diseño Textil, SA (Inditex) (Arteixo, Spain)
  • Hennes & Mauritz AB (Stockholm, Sweden)
  • Nike, Inc. (Beaverton, US)
  • Mothercare plc (Hemel Hempstead, United Kingdom)
  • Cotton On Group (Geelong, Australia)
  • Gianni Versace Srl (Milan, Italy)
  • Burberry (London, UK)
  • Gerber Childrenswear LLC (Fremont, United States)

Temporary store closures to shrink market during COVID-19

The outbreak of the pandemic resulted in the closure of most retail stores for non-essential items, which in turn inhibited the growth of the market. For example, according to the second quarter 2020 results of The Children’s Place Inc., one of the leading specialty children’s clothing companies, temporary store closures reduced its overall revenue as The Children’s Place had to close. approximately 98 stores out of its 102 stores in the first half of fiscal 2020. However, the company saw a 118.2% increase in digital sales in the second quarter of 2020 due to shifting consumer preferences towards the ‘online purchase. Additionally, foreclosure restrictions imposed by governments may further restrict market growth. Nevertheless, the increasing use of e-commerce will consequently increase the growth of the market.

Key industry development:

July 2019: Marks and Spencer plc has announced the launch of a new Dreamskin product in the Easy Dressing range for babies. The products are specially developed for the sensitive skin of babies.

Regional analysis:

Growing middle class population to support growth in Asia-Pacific

The Asia-Pacific baby clothing market is expected to hold the largest share due to the growing number of newborns in the region. China is expected to become one of the biggest baby clothing markets during the forecast period due to the end of the one-child policy in China. For example, according to the IND-TEXPO 2019 presentation from Cotton Council International, spending on clothing is expected to increase from 2016 to 2030 by 116% in China and 148% in India. In addition, the increase in the middle class population coupled with a better standard of living will contribute to the growth of the market. Europe is expected to grow significantly due to the purchasing power of women working in the region.

Browse the detailed summary of the research report with the table of contents:

https://www.fortunebusinessinsights.com/baby-apparel-market-102106

Detailed table of contents:

  • introduction
  • Abstract
  • Market dynamics
    • Market factors
    • Market constraints
    • Market opportunities
  • Key ideas
    • Overview of parent / related markets
    • SWOT Analysis of the Industry
    • Emerging trends
    • Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers and Acquisitions
    • Qualitative analysis (in relation to COVID-19)
      • Impact of COVID-19
      • Supply chain challenges
      • Potential opportunities due to COVID-19
  • Global Baby Clothing Market Analysis, Outlook and Forecast, 2016-2027
    • Main conclusions / Summary
    • Market size estimates and forecasts
      • By type (value)
        • Top wear
        • Bottom wear
        • Others
      • By material (value)
      • By end user (value)
      • By region (value)
        • North America
        • Europe
        • Asia Pacific
        • South America
        • Middle East and Africa

Table of contents continued…!

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