Rising shift of consumer preferences towards higher-quality and sustainably produced clothing for children is expected to drive market expansion in the near future at a CAGR of 4.00% during the forecast period 2023 to 2032.
Market Research Future (MRFR) has published a cooked research report on the “Global Kids Apparel Market” that contains information from 2018 to 2032. The Kids Apparel market is estimated to register a CAGR of 4.00% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Kids Apparel market— Carter’s, Inc, The Children's Place, Inc, Nike, Inc, Gianni Versace S.r.l, Industria de Diseño Textil, S.A, Hennes & Mauritz AB, Mothercare plc, Cotton On Group, Burberry, Gerber Childrenswear LLC.
The global Kids Apparel market is accounted to register a CAGR of 4.00% during the forecast period and is estimated to reach USD 265.0 billion by 2032.
The parents are becoming more conscientious about their children's well-being and the environmental impact of clothing production hence, they are increasingly seeking out garments made from organic or eco-friendly materials. This trend aligns with the desire for durable and safe apparel for kids, driving the demand for such products. Additionally, changing fashion trends and the influence of social media have played a significant role in fueling the market. Parents are often inspired by fashion-forward styles and kid influencers on platforms like Instagram, leading them to purchase more fashionable and on-trend clothing for their children.
The global Kids Apparel market has been segmented based on type, end use and distribution channel.
On the basis of type, the market is segmented into Formal, Casual and Semi-formal. The casual segment was attributed to holding the largest market share in 2022, because of its versatility and comfort.
Based on end use, the global Kids Apparel market has been segmented into Boys and Girls. The boy segment was expected to hold the largest market share in 2022, as this segment covers a broader age range.
Based on distribution channel, the global Kids Apparel market has been segmented into Offline and Online. The offline segment was expected to hold the largest market share in 2022, because parents often prefer shopping children’s clothing in physical stores.
The global Kids Apparel market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Kids Apparel market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Kids Apparel market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Kids Apparel market comprises of Middle East, Africa, and Latin America.
The largest market share for Kids Apparel was maintained by the North American regional sector. This increase is attributed to strong consumer purchasing power, a robust fashion-conscious culture, and the influence of media and social trends. North American families have the financial means to invest in a wide range of children's clothing, from everyday wear to special occasion outfits, driving demand for kid-focused fashion brands. Additionally, the influence of popular culture, celebrities, and social media platforms further fuels the desire for fashionable and trendy children's clothing, making North America a dynamic and competitive market for kids' apparel.
Moreover, the Europe market has been persistently growing over the forecast period. The demand for Kids Apparel is driven by a strong focus on quality and fashion, increasing disposable incomes among parents, and a growing awareness of sustainable and ethically produced children's clothing, which has led to higher demand for stylish, well-made, and environmentally conscious apparel for kids.
Additionally, due to the region's large and growing population of children, creating a significant consumer base, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Additionally, changing lifestyles, urbanization, and increasing disposable incomes are leading to greater demand for fashionable and quality children's clothing, further propelling the market.
Furthermore, the rest of the world's Kids Apparel market is divided into the Middle East, Africa, and Latin America. This growth is attributed to a rising population, increasing disposable income, and a growing awareness of global fashion trends, which fuels the demand for stylish and high-quality children's clothing.
Key Findings of the Study