BABY APPAREL Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

BABY APPAREL Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Baby Apparel Market

The Baby Apparel Market size was valued at USD 64.64 billion in 2023, and the market is now projected to grow fromUSD 67.47 billion in 2024 to USD 108.36 billion by 2032, exhibiting a CAGR of 6.10% during the forecast period of 2024-2032.

The COVID-19 had been challenging for everything and many issues majorly faced by businesses, where everything was closed, including retail stores, overall negatively impacted the Baby Apparel Market Growth. In early 2020, Children’s Place Inc. reported a huge decline in sales and decreasing revenue, due to closing 98 out of 102 stores. With closing of brick and mortar stores, the online shopping got more attention and company saw a 118.2% increase in digital sales in Q2 2020. With lockdown measures and strict rules imposed by government, physical gathering such as celebration or baby showers were stopped directly impacting the product demand.

With growing advancements in medical science, there has been reducing in infant mortality rates, leading to growing sales in baby apparels. UN’s “World Mortality 2019” reported, that the infant mortality rate dropped by 54% from 1994 to 2019, decreasing from 61 to 28 deaths per 1,000 live births. To address infertility issues, medical sector is introducing techniques such as in-vitro fertilisation and surrogacy, helped to increase the number of newborns. The frequent purchase is very common for new borns as they outgrow their clothes within 24 months leading to market expansion and increasing Baby Apparel Market Share.

The baby market has very strong research, giving it ability to detect various activities particularly for infants, and keeping the track of the market. Market has introduced many designs and technologies infused with clothes, one of them is smart clothes. Wearable smart clothing detects information from sensors attached to baby clothes, these sensors give notification on the parents’ smartphones, so that they can keep a watch on their baby 24/7. Nanit brand, particularly targeting babies and infants, introduced Breathing Wear for babies. These clothe’s fabric is characterised by personalised patterns. The goal for launching this product is, this engineered pattern can be read by the Nanit Plus Camera. This camera is connected to the smartphone, allowing parents to easily monitor the breathing motion of the baby. This has gained lots of attention and boosted the product demand leading to the market growth.

Comprehensive Analysis of Baby Apparel Market

The Baby Apparel Market and Consumer Goods industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the Consumer Goods benefit management industry. These segmentations are methodically segregated By Type Analysis, By Material Analysis and By End-user Analysis. The types analysis include, Top Wear, Tops/Shirts, Bodysuits & Others; Bottom Wear, Trouser/Legging, Skirts, & Others, by material it includes Cotton, Wool, & Others and By end-user it includes Girls, & Boys.

Asia Pacific is leading with over 38.64% of global revenue in Baby Apparel Market, and the maximum numbers are coming from China, India, and Southeast Asia, with high product sales. With China ending its one-child policy, country is witnessing high birth rates and companies are investing in baby clothing. From 2016 to 2023, China has seen growth in apparel spending by 116% whereas India is risen by 148%. The region have improved living standards and growing middle class, leading to higher demand for bay products, and the online platforms such as Amazon and Flipkart are fulfilling these demands with few clicks, eventually contributing to the market growth.

The top players in the market play a crucial role in the Consumer Goods industry assuring industrial prospectus growth and setting market standards. These players include, Carter's, Inc. (U.S.), Hennes & Mauritz AB (Sweden), Gerber Childrenswear LLC (U.S.), Cotton On Group (Australia), The Children's Place, Inc. (U.S.), Industria de Diseño Textil, S.A (Inditex) (Spain), Nike, Inc. (U.S.), Mothercare plc (U.K.), Gianni Versace S.r.l. (Italy), Burberry (U.K.) these market players provide a level-playing competitive landscape.

January 2023: LVHM, also know as LVHM Moet Hennessy Louis Vuitton, launched their new segment of baby collections, apparel, shoes, and accessories. The age group they are catering is 3-12 and offering variety of apparel and accessories, and the goal is to enhance the product line.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 6.10% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

Top Wear

- Tops/Shirts

- Bodysuits

- Others

Bottom Wear

- Trouser/Legging

- Skirts

- Others

Others

By Material

Cotton

Wool

Others

By End-user

Girls

Boys

By Geography

North America (By Type, Material, End-user, and Country)

- U.S. (By Type)

- Canada (By Type)

- Mexico (By Type)

Europe (By Type, Material, End-user, and Country)

- U.K. (By Type)

- Germany (By Type)

- France (By Type)

- Italy (By Type)

- Spain (By Type)

- Rest of Europe (By Type)

Asia Pacific (By Type, Material, End-user, and Country)

- China (By Type)

- India (By Type)

- Japan (By Type)

- Australia (By Type)

- Rest of Asia Pacific (By Type)

South America (By Type, Material, End-user, and Country)

- Brazil (By Type)

- Argentina (By Type)

- Rest of South America (By Type)

Middle East and Africa (By Type, Material, End-user, and Country)

- South Africa (By Type)

- UAE (By Type)

Rest of the Middle East & Africa (By Type)


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