Market Size of Children's Wear Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 272.17 Million |
Market Size (2029) | USD 353.20 Million |
CAGR (2024 - 2029) | 5.35 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Children's Clothing Market Analysis
The Children's Wear Market size is estimated at USD 272.17 million in 2024, and is expected to reach USD 353.20 million by 2029, growing at a CAGR of 5.35% during the forecast period (2024-2029).
The children's wear market is one of the most lucrative segments in the apparel industry. The market is expected to overtake both men's and women's wear in terms of growth in retail value due to a combination of demographic, macroeconomic, and social trends, supported by sales in the category. Moreover, an increase in disposable income and a growing working population drive the market's growth. Increasing product customization, innovation, and affordable pricing of children's apparel and footwear are driving market growth worldwide.
Due to customization, innovations, brand assurance, and affordability, matching clothing is now a popular trend among both kids and parents. Celebrities in the region are promoting matching wear with their kids. Child celebrities on Instagram, Snapchat, Youtube, and many more social media sites are trying new trends in clothes that are attracting kids these days. For example, Kikiandshrads, a mother-daughter duo on Instagram, uses creative and adorable ideas to market children's clothing. Because of Instagram pages and children, the market is expected to grow in the long run.
Children's Clothing Industry Segmentation
Children's clothing is specially designed for play and rest using cotton, hosiery, or other comfortable fabric.
The children's wear market is segmented by type, distribution channel, and geography. By type, the market is segmented into apparel, footwear, and other product types. By distribution channel, the market is segmented into offline retail stores and online retail stores. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
For each segment, the market sizing and forecast have been done based on value (in USD million).
Type | |
Apparel | |
Footwear | |
Other Product Types |
Distribution Channel | |
Offline Retail Stores | |
Online Retail Stores |
Geography | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Children's Wear Market Size Summary
The children's wear market is emerging as a highly profitable segment within the apparel industry, poised to surpass the growth rates of both men's and women's wear. This anticipated growth is driven by a confluence of demographic, macroeconomic, and social trends, including rising disposable incomes and an expanding working population. The market is experiencing a surge in demand for product customization, innovation, and affordability, particularly in children's apparel and footwear. The trend of matching outfits for parents and children, fueled by celebrity endorsements and social media influence, is gaining traction, further propelling market expansion. Platforms like Instagram, YouTube, and Snapchat are pivotal in promoting these trends, with child celebrities and influencers playing a significant role in shaping consumer preferences.
Regionally, Asia-Pacific is expected to capture a substantial share of the market, supported by a growing infant population and increasing consumer spending in countries like India and China. Economic growth, rapid urbanization, and the rise of online retailing are key factors driving market development in this region. Major brands are focusing on innovations such as non-toxic materials and UV protection to attract a wider consumer base. The market is highly competitive, with key players like Carter's Inc., Adidas AG, Benetton Group SRL, Nike, and Dolce & Gabbana employing strategies like product innovations, partnerships, and target marketing to enhance their market position. The introduction of new product lines and collaborations, such as Nike's Jordan Brand shoes for kids and Carter's partnership with Super League Gaming, exemplify the dynamic nature of the market.
Children's Wear Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Drivers
-
1.2 Restraints
-
1.3 Industry Attractiveness - Porter's Five Forces Analysis
-
1.3.1 Bargaining Power of Suppliers
-
1.3.2 Bargaining Power of Buyers
-
1.3.3 Threat of New Entrants
-
1.3.4 Threat of Substitute Products and Services
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Type
-
2.1.1 Apparel
-
2.1.2 Footwear
-
2.1.3 Other Product Types
-
-
2.2 Distribution Channel
-
2.2.1 Offline Retail Stores
-
2.2.2 Online Retail Stores
-
-
2.3 Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
2.3.1.4 Rest of North America
-
-
2.3.2 Europe
-
2.3.2.1 United Kingdom
-
2.3.2.2 Germany
-
2.3.2.3 Spain
-
2.3.2.4 France
-
2.3.2.5 Italy
-
2.3.2.6 Russia
-
2.3.2.7 Rest of Europe
-
-
2.3.3 Asia-Pacific
-
2.3.3.1 China
-
2.3.3.2 Japan
-
2.3.3.3 India
-
2.3.3.4 Australia
-
2.3.3.5 Rest of Asia-Pacific
-
-
2.3.4 South America
-
2.3.4.1 Brazil
-
2.3.4.2 Argentina
-
2.3.4.3 Rest of South America
-
-
2.3.5 Middle East and Africa
-
2.3.5.1 South Africa
-
2.3.5.2 Saudi Arabia
-
2.3.5.3 Rest of Middle East and Africa
-
-
-
Children's Wear Market Size FAQs
How big is the Children's Wear Market?
The Children's Wear Market size is expected to reach USD 272.17 million in 2024 and grow at a CAGR of 5.35% to reach USD 353.20 million by 2029.
What is the current Children's Wear Market size?
In 2024, the Children's Wear Market size is expected to reach USD 272.17 million.