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The children's and infant wear market share is expected to increase by USD 70.08 million from 2020 to 2025, at a CAGR of 5.47%.
This children's and infant wear market research report extensively covers children's and infant wear market segmentation by distribution channel (offline and online), type (apparel and footwear), and geography (APAC, North America, Europe, South America, and MEA). The children's and infant wear market report also offers information on several market vendors, including adidas AG, Benetton Group Srl, Carters Inc., Esprit Automation Ltd., Hanesbrands Inc., Nike Inc., PUMA SE, Ralph Lauren Corp., The Gap Inc., and The Walt Disney Co. among others.
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The growing penetration in organized retail is notably driving the children's and infant wear market growth, although factors such as the declining birth rate may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the children's and infant wear industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Children's and Infant Wear Market Driver
One of the key factors driving growth in the children's and infant wear market is the growing penetration in organized retail. The significance of organized retailers offering branded and reliable products has increased with growing brand consciousness among consumers. The entry of global players will contribute to sales through the organized retail sector. The penetration of organized retail will enable consumers to compare prices, quality, and design and, thus, aid their purchase decision. The market landscape is transforming as customers are shifting toward online shopping, providing new opportunities to the children's wear and infant wear brands. The emerging retail industry, particularly in developing countries such as Brazil, China, and India, will significantly boost the growth of the global children's wear and infant wear market.
Key Children's and Infant Wear Market Challenge
The declining birth rate will be a major challenge for the children's and infant wear market during the forecast period. The decline is attributable to the increase in the unmarried population and a drop in the number of children per family. Millennials are putting their careers before starting a family. One of the major reasons for more couples delaying or completely negating childbirth is the cost associated with raising a child. In addition, increasing acceptance of childless families has been considerably affecting the market growth of children's and infant products. Thus, declining birth rates globally are expected to have a significant long-term impact on the overall market growth
This children's and infant wear market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the children's and infant wear market encompasses successful business strategies deployed by the key vendors. The children's and infant wear market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The children's and infant wear market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Distribution channel
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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