The children's apparel market is forecasted to grow at a CAGR of 6.8 per cent from 2023-33 to reach $386.19 billion by 2033. As per a report by Future Market Insights, some of the factors driving this growth include an increasing demand for kids garments made from cotton fiber due to their easy washability, minimal shrinkage and resistance to color fade.
Urbanisation is also driving the growth in the kidswear market with its expansion of the retail sector. The market growth is also supported by the burgeoning e-commerce sector offering convenience and a wide range of choices for parents.
Parents, particularly in urban areas, are showing a growing preference for branded kids' apparel, driving demand for products from reputable brands.
Clothing-related purchases for kids have surged due to the global increase in newborns, which has boosted the demand for kids' apparel products.
China remains a significant market for kids' apparel, driven by factors such as a rising birth rate, robust economic growth, and increasing disposable incomes. The boys' segment is expected to hold a significant market share, while the girls' segment is projected to exhibit prominent growth due to evolving trends. Additionally, the casual segment is anticipated to witness substantial growth as parents prioritise comfortable and easy-to-wear clothing for children.
By Fashionating World
https://www.fashionatingworld.com/new1-2/children-s-apparel-market-to-grow-at-6-8-cagr-from-2023-33