Global Children's Wear Market Overview:
Children’s wear is designed for children up to 14 years old that include clothing, footwear, sportswear, and accessories among others. Western European nations, along with the United States, contribute to the greatest share of children’s wear market. Higher net disposable income and ease of buying are the factors fueling the market. Most of the eastern European and Asian countries are growing at a fast pace which makes them a potential opportunity for children’s wear market.
- Rising Disposable Incomes of Parents is the Key Driver
- A Surge in Number of Supermarkets
- Branded Clothing Holds the Position in the Market
- Limited Buying Capacity in Undeveloped Economies
- The Emergence of E-Commerce Businesses Likely To Boost Sales
- Increasing Brands Consciousness among Parents as well as Children
- Increasing Media Awareness Will Further Boost the Market
- Moderate To High Competitive Rivalry
The market is highly competitive and is one of the fastest-growing segments. Increased media exposure is leading to increased awareness of brands. Manufacturers have an added advantage due to increased media exposure of consumers. Also, the trend of following celebrities and their kids among consumers is raising awareness about a variety of fashion brands and their products.
Some of the key players profiled in the report are DOLCE & GABBANA (Italy), Scotch & Soda (The Netherlands), Zara (Spain), H&M (Sweden), Mayoral (Spain), Gini & Jony (India), Lilliput Kidswear Ltd. (Scotland), Gym-Mark, Inc (United States) and NICO.NICO (Japan). Additionally, following companies can also be profiled that are part of our coverage like The Mini Classy (United States), Young and Free Apparel (Singapore), Janie and Jack LLC (United States), Pink Chicken, Inc. (United States), Marks & Spencer (United Kingdom) and Mothercare Group (United Kingdom). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Children's Wear market by 2024. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Children's Wear market. Considering Market by Age Group, the sub-segment i.e. Under 2 years will boost the Children's Wear market. Considering Market by Gender, the sub-segment i.e. Boys will boost the Children's Wear market.
The European Union has restricted the use of several chemicals in textile products because they pose a health risk for consumers. Flame retardants are restricted in textile products that make contact with the skin.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Children's Wear market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Children's Wear market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Children's Wear Manufacturer, Traders/Distributors/Suppliers, Raw Material Supplier, End-User and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.