Maternity Wear Market Revenue to Cross USD 16,578.64 Mn by 2028: The Insight Partners

Maternity Wear Market research report by The Insight Partners exhibits the segmented data of the market also highlighting the key market players along with the conducive competitive landscape and trends prevalent for many years. The research work serves the data about the sales and revenue figures for the recent years and the forecasted period of 2021 to 2028. Reviewing these data segments helps in recognizing the significant factors catalysing the growth of Maternity Wear Market.

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The maternity wear market was valued at US$ 12,257.41 million in 2021 and is projected to reach US$ 16,578.64 million by 2028; it is expected to grow at a CAGR of 4.4% from 2021 to 2028.

Maternity wear is typically created with a loose, appropriate fit that contains elastic, tabs, and stretchable fabric, such as elastane and spandex, to provide extra comfort to the consumer during pregnancy.

Asia-Pacific held the largest share of the global maternity wear market in 2020, whereas North America is expected to register the highest CAGR during the forecast period. There is an average of 85% of pregnant working women in the US according to the World Bank report. Thus, the demand is increasing for maternity wear and plus sizes in formal wear under the formal dresses and gowns section. This is a major factor contributing to the maternity wear market growth in North America.

Impact of COVID-19 Pandemic on Maternity Wear Market

The COVID-19 pandemic has adversely affected many industries including the consumers good industry. The pandemic created operational difficulties due to lockdowns, business shutdown, and supply chain disruptions. Clothing and apparel retail stores recorded high losses in sales. Financial results published by fashion brands such as the Spanish Inditex Group and the Swedish H & M laid bare the enormity of the pandemic's impact. Furthermore, e-commerce experienced a long-lasting benefit from the pandemic, as most online purchasers consider e-retail as a post-pandemic option. Additionally, rising rates of vaccination, revival of manufacturing activities, and relaxation of government regulations are projected to positively influence the global maternity wear market during the forecast period.

Global Maternity Wear Market: Regional Analysis

The report offers qualitative assessment of the growth and allied aspects of the Maternity Wear Market in key regions namely- North America, Europe, Asia-Pacific, and Latin America.

The report has been formulated after critically examining the crucial factors that determine the market growth such as the economic, environmental, social, technological, and political scenario of the particular region. Analysts have evaluated the data of revenue, production, and manufacturers of each region. This section provides the analysis of region-wise revenue and volume for the forecast period of 2021 to 2028. This data analysis helps the reader assess the investment potential of a particular region.

Global Maternity Wear Market: Competitive Landscape

A few players operating in the maternity wear market are Gap Inc, Seraphine, Isabella Oliver, H and M Hennes and Mauritz AB, Brunelli and Co S.R.L., Mothercare, SHAICO Fashion Pvt. Ltd, Pink Blush Maternity, and Organic & More.

This section of the report enlists various key manufacturers in the market. Readers can thus understand the strategies and collaborations of these players that they use to combat /slay down the potential competitors in the market. A comprehensive draft of the report provides a minute microscopic view of the market which in turn enables the readers to follow the footprints of the manufacturers by assessing their global revenue figures for the forecast period of 2021 to 2028.

Maternity Wear Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Top Wear, Bottom Wear, Dresses and Gowns, and Innerwear) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

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Key features of the Maternity Wear Market:

• Market overview
• Market competition
• Market revenue and price trends
• Market analysis based on application
• Company profiles and major Figures
• Market dynamics
• Methodology and data source

The report comprises a detailed assessment of all the leading market players and manufacturers thus, projecting a brief idea of their market performance. Report also mentions the challenges posed in their work and the reasons manipulating their positions in the market to help readers frame their decisions wisely. The competitive landscape of the Maternity Wear Market provided here serves the detailed insights of company profiles, developments, mergers, acquisitions, economic status, and SWOT analysis.

Note: Our team continuously reviews the COVID-19 impact on various industry verticals and will keep assessing it's influence on the market whenever required. Stay in touch for more details.

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About US

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers Goods, Chemicals and Materials.

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