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Technavio’s market research analyst predicts the global children’s wear market to grow at a CAGR of more than 6% by 2020. Factors such as the rise in high-income and working women population and the growing purchasing power of the populace in developing countries will bolster the sale of children’s apparels during the forecast period. This increase in the sale of children’s apparels will lead to the growth of this market during the forecast period.
The augmented availability of a wide array of products and brands and growth in affluent population are driving the prospects for growth in the children’s wear market during the forecast period. Furthermore, the rapid growth of the organized retail sector in emerging countries has also added to the penetration of a broad range of children’s products and brands. This increase in the retail of children’s apparels will boost the market for children’s wear during the forecast period.
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In this market analysis, analysts have estimated the apparel segment to be the largest market segment during the forecast period. Factors such as the growing preference for online shopping, an increase in organized retail, and the rising demand for organic wear will result in this segment’s impressive market share of more than 77% during the forecast period.
Technavio market research analysts have estimated the EMEA region to account for more than 36% of the total market share by 2020. Factors such as the growing demand for organic kid’s wear, increase in dual-income households, and emerging fashion trends will promote market growth in this region during the forecast period.
The global children’s wear market is characterized by the presence of both international and regional vendors. The leading players in this market focus on product and service extensions, innovations in technology, and M&A to increase their footprint in this market during the forecast period.
Some of the key vendors in this market are
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by retail format
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
PART 18: Explore Technavio
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