Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 64.83 Billion | USD 93.88 Billion | CAGR at 4.20% | 2023 |
According to the report published by Zion Market Research, the global Baby Apparel Market size was valued at USD 64.83 Billion in 2023 and is predicted to reach USD 93.88 B Million by the end of 2032. The market is expected to grow with a CAGR of 4.20% during the forecast period. The report analyzes the global Baby Apparel Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Baby Apparel Market industry.
Baby apparel is clothing that are been made for infants. Babies seem to be cute with their tiny toes & fingers, soft skin, and squishy skins. Dressing them in adorable and tiny outfits makes them cuter. Whether it’s a function or fashion, dressing a baby is an exciting part for the parents in the first year and beyond.
The global baby apparel market is growing at a substantial rate. Prime factors that are contributing to the growth of the global market are an increase in the number of women in the labor force, a rise in disposable income, and the availability of a wide range of comfortable, trendy, & stylish apparel. For the first year, on average the overall cost of baby clothes is approximately 60 USD per month and is correlated & varies with the income. Thus, growing buying power and increase in expenditure is also spurring the growth of the global baby apparel market. As compared to adults, the average lifespan of apparel is less owing to the changing height of the baby.
In addition to this, several international as well as domestic brands are expanding their business by offering the consumer with apparel under the premium, super premium, and luxury category. These factors coupled with the growing demand for branded apparel are fostering the growth of the global market. Further, the growing trend of baby shoots, rapid growth in e-commerce platforms, and shopping apps provided by different vendors are supporting the growth of the global market. Moreover, heavy discounts & coupons offered on online shopping and availability of baby apparel as per the occasion & seasons are also some of the factors that are boosting the growth of the global market.
Furthermore, an increase in demand for baby apparel in developing countries and small players entering the market will provide better opportunities for the global baby apparel market during the forecast period. However, high production costs and strict regulations on the use of chemicals & dyes in the manufacture of baby apparel may restrain the growth of the global baby apparel market.
The current Covid-19 pandemic situation has severely affected the growth of the global baby apparel market. Most of the manufacturers of baby apparel across the world have been severely struck by pandemic conditions as production activities in most of the countries were temporarily shut down owing to strict lockdowns. In addition to this, disruption of supply chain and distribution channels resulted in fewer sales of the products which ultimately affected the overall revenue of the market in 2020. However, the market will bounce back again in the upcoming years.
The global baby apparel market is segregated based on product, material, distribution channel, application, end-user, and region.
Based on product, the global baby apparel market is divided into outerwear, innerwear, tights, socks, and nightwear.
Based on the material, the global market is split into silk-based baby clothing, wool-based baby clothing, and cotton-based baby clothing.
The distribution channel segment is bifurcated into offline and online.
The application segment comprises 0 to 12 months, 12 to 24 months, and 2 to 3 years.
The end-user segment is divided into boys and girls.
North America is estimated to lead the global baby apparel market in terms of revenue over the forecast period. The region is anticipated to keep its dominance over the forecast period owing to increasing awareness among the working class regarding the importance of hygiene for their babies. Asia Pacific is expected to register the fastest growth over the forecast period. Factors that are contributing to the rapid growth of the market in the region include growing disposable income, rising investments by key market players, and increasing buying power in developing countries in the region.
The global baby apparel market is highly fragmented. Major players are implementing organic strategies such as mergers and acquisitions to expand their business. Key players operating in the global market include:
The Global Baby Apparel Market is segmented as follows:
By Product
By Material
By Distribution channel
By Application
By End-user
What Reports Provides
FrequentlyAsked Questions
The global baby apparel market is growing at a substantial rate. Prime factors that are contributing to the growth of the global market are an increase in the number of women in the labor force, a rise in disposable income, and the availability of a wide range of comfortable, trendy, & stylish apparel. Furthermore, an increase in demand for baby apparel in developing countries and small players entering the market will provide better opportunities for the global baby apparel market during the forecast period.
The global baby apparel market is highly fragmented. Major players are implementing organic strategies such as mergers and acquisitions to expand their business. Key players operating in the global market include Carter’s, Inc., Nike, Inc., H&M Hennes & Mauritz AB., Mothercare plc, Gianni Versace SRL, Cotton on Group, Bed Bath & Beyond Inc., Royal Apparel, NG Apparels, and Gymboree among others.
North America is estimated to lead the global baby apparel market in terms of revenue over the forecast period. The region is anticipated to keep its dominance over the forecast period owing to increasing awareness among the working class regarding the importance of hygiene for their babies.
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