Press release
Baby Apparel Global Market Analysis, Trends, Growth, Research And Forecast 2033
The new report published by The Business Research Company, titled "Baby Apparel Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the baby apparel market size has grown strongly in recent years. It will grow from $182.20 billion in 2023 to $195.78 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The baby apparel market size is expected to see strong growth in the next few years. It will grow to $249.23 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
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Surging Child Birth Rates Sparking Growth In The Baby Apparel Market
The surging childbirth rates are expected to propel the growth of the baby apparel market going forward. Childbirth rates refer to the number of live births per 1,000 people in a given population within a specified period, usually measured annually. Baby apparel is used for infants and young children to provide comfort, protection, and ease of movement in appropriate clothing that meets the needs at different stages of development. For instance, in May 2022, according to the Center for Disease Control and Prevention, a US-based government organization, there were 3.66 million births in the US in 2021, compared to 3.61 million in 2020. Furthermore, according to Statistics Canada, a Canada-based government agency, there were 367,684 births in Canada in 2021, an increase of 2% from 360,552 in 2020. Therefore, the surging childbirth rates are driving the growth of the baby apparel market.
H&M Introduces Groundbreaking Recyclable Baby Apparel Collection in Response to Growing Demand for Sustainability
Major companies operating in the baby apparel market focus on developing innovative products, such as recyclable lines of baby clothes, due to an increasing demand for sustainable and eco-friendly options. Recyclable lines of baby clothes refer to clothing collections designed and manufactured with a focus on sustainability and environmental responsibility. For instance, in April 2022, H & M Hennes & Mauritz AB., a Sweden-based clothing company, launched a new line of baby clothes made from organic cotton that is fully recyclable through composting. This 12-piece collection includes bottoms, jackets, hats, and blankets, all 100% biodegradable, including the pigments used for designs. Additionally, this innovative line of baby clothes includes biodegradability, the absence of buttons and metal trim, certification, global scale, impact, and affordability. Also, this provides comfort and ease of smooth wear.
The baby apparel market covered in this report is segmented -
1) By Type: Top Wear, Bottom Wear, Other Types
2) By Distribution Channel: Online, Offline
3) By Applications: 0-12 Months, 12-24 Months, 2-3 Years
4) By End-User: Boys, Girls
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Major companies operating in the baby apparel market are Gap Inc., Primark Stores Limited, Puma SE, OshKosh Corp., Hanesbrands Inc., Ralph Lauren Corp., Bed Bath And Beyond Inc., Capri Holdings, Old Navy Kids, Carter's Inc., The Children's Place Inc., Fendi Kids, Little Me Co., Burberry Group plc, Petit Bateau UK Limited, Boden Group, Zara Kids, Armani Junior, Mud Pie LLC, Mothercare plc, Bonpoint S.A., Monnalisa Co. Ltd., Royal Apparel Co., Catimini S.A.S., Gianni Versace S.r.l
Contents of the report:
1. Executive Summary
2. Baby Apparel Market Report Structure
3. Baby Apparel Market Trends And Strategies
4. Baby Apparel Market - Macro Economic Scenario
5. Baby Apparel Market Size And Growth
…..
27. Baby Apparel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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