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Global Children Wear Market 2017 Size, Share, Growth, Business Outlook, Trends and Forecast 2022

02-12-2018 08:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Children wear has transformed itself into a lucrative market and all over the world, parents are increasingly preferring high quality and safe clothing for their children instead of using old or second hand clothes. The influence of social media, celebrities and television has fuelled this transformation and even the children are more aware of their clothing needs and want to style their clothes just like their parents. This report, compiled by Fact.MR, provides in-depth analysis of the global children wear market for the forecast period 2017-2022, and offers key insights about future market direction.

The scope of Fact.MR’s report is to analyze the global children wear market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Children wear manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to children wear.

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4 Forecast Highlights on Global Children Wear Market

1. As per the forecast of Fact.MR, the girls children wear segment is slated to touch a value of US$ 70,220.6 Mn in the year 2022. This represents a moderate CAGR growth during the assessment period of 2017-2022. The girls segment is estimated to account for more than one-third of the revenue share of the category type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2. As per the forecast of Fact.MR, the 6 to 24 months children wear segment will reach a value of US$ 51,326.6 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The 6 to 24 months children wear segment is estimated to account for nearly one-fourth of the revenue share of the demographics segment in the year 2017 end and is expected to gain market share by the end of the year 2022.

3. As per the forecast of Fact.MR, the economy children wear segment is slated to reach a value of US$ 86,217.4 Mn in 2022. The economy children wear segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the economy segment.

4. Fact.MR forecasts that the modern trade children wear segment will exhibit a CAGR of 4.9% from 2017 to 2022. Modern trade segment is estimated to account for nearly one-third of the revenue share of the sales channel segment by 2017 end and is expected to gain some market share by the end of the year 2022.

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APEJ Market Set to Dominate the Global Children Wear Market in Terms of Revenue

The market in Asia Pacific excluding Japan is set to dominate the global children wear market in terms of value and this trend is projected to sustain itself throughout the assessment period. APEJ children wear market is the most attractive market, growing at a moderate CAGR over the assessment period.

Boys Children Wear Segment Poised to Touch a Value of US$ 78,957.6 Mn in 2022

As per the forecast of Fact.MR, the boys children wear segment is expected to reach a value of US$ 78,957.6 Mn in the year 2022. This represents a robust CAGR during the forecast period of 2017-2022. Boys segment is expected to account for more than one-third of the revenue share of the category type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

‘Less Than 6 Months’ Children Wear Segment to exhibit a CAGR of 4.7% During the Assessment Period

As per the forecast of Fact.MR, the ‘less than 6 months’ children wear segment is slated to surpass US$ 113 Bn by 2022. This represents a CAGR of 4.7% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The less than 6 months segment is expected to account for more than half of the revenue share of the demographics segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global children wear market through 2022, which include Kimberly Clark Corporation, Avon Products Inc., Carter’s Inc., The Children's Place, Levi Strauss & Co, Kering S.A, Ralph Lauren Corporation, V.F. Corporation, Dolce & Gabbana Luxembourg S.à.r.l and Benetton Group SpA.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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