Kids Wear Market Scope
With the growth of the apparel market across the globe, the kids wear becomes the center of attraction with the growing fashion sense for kids. There are leading ethnic brands such as Fab India and Biba are leading in the India market in the ethnic kidswear segment. Many brands are positioned in the medium price range. There is huge growth potential in kids western wear market. The demand varies according to region to region, such as for India market ethnic wear is a leading segment. In today's scenario, children's wear is gaining more attraction as compared to women's wear and men's wear market. The major trend in kids' wear market are growing parents are the focus on stylish and fashionable designs. Brands are also providing children’s apparel which is similar in style of adult clothing. And Brands originally aims at the older kids segment has shifted emphasis to the baby wear segment. And also a rising number of children’s wear brands have built a digital and mobile presence, they are also increasingly engaging customers through e-commerce.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Nike (United States), Carter's (United States), GAP (United States), Inditex (Spain), Adidas (Germany), H&M (Sweden), Gymboree (United States), V.F. Corporation (United States), Fast Retailing (Japan) and C&A (Belgium) |
CAGR | 6.6% |
The global kid's wear market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Kids Wear market throughout the predicted period.
Nike (United States), Carter's (United States), GAP (United States), Inditex (Spain), Adidas (Germany), H&M (Sweden), Gymboree (United States), V.F. Corporation (United States), Fast Retailing (Japan) and C&A (Belgium) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are NEXT (United Kingdom), Kidiliz Group (Paris), Mothercare (England), Orchestra (Paris), Bestseller (Denmark), Under Armour (United States), Benetton (Italy) and Sanrio (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Kids Wear market by Type and Region with country level break-up.
On the basis of geography, the market of Kids Wear has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
PT Matahari Department Store Tbk announced the partnership with OVS to enhance the exclusive distribution outlets for OVS products in the Indonesia market. The company is a leading provider of women, men, and the kid segment.
Influencing Trend:
Rising Focused Only On Western Wear Categories Like Denim, Shirts, T-Shirts, Etc.
Market Growth Drivers:
Increased Spending On Children, Growing Brand Awareness among Kids and Rising Focus on the Kids Wear Market by Organized Players
Challenges:
Less Awareness in Underdeveloped Countries and Weak Export Market
Restraints:
Fluctuation in Interest Rates and Foreign Currency Exchange Rates
Opportunities:
Rising Number of Schools and a Decline in Drop-Out Rates Are Creating Huge Growth Potential In Future and Rapid Acceleration of Internet Penetration
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Kids Wear Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries