The global toddler wear market size is expected to reach USD
283.27 billion by 2025, according to a new report by Grand View Research, Inc.
It is anticipated to expand at a CAGR of 6.22% during the forecast period.
Availability of a wide range of products coupled with rising population,
especially in emerging economies is projected to drive the growth. Rapidly
evolving consumer goods industry in developing regions such as Asia Pacific and
Middle East and Africa coupled with product premiumization is projected to
further fuel the product demand.
The rise in product innovation and new product
launches is anticipated to contribute to demand for toddler wear. Excessive use
of harmful chemicals and toxins in conventional cotton clothing can cause skin
diseases such as dermatitis among children. Rising consumer awareness regarding
these harmful effects is projected to drive the demand for toxin-free and
organic cotton, especially across the developed countries. As a result, market
players focus on product innovation to manufacture comfortable and safe toddler
wear.
Offline distribution channel is anticipated to
continue holding the leading market share over the forecast period.
Availability of a wide range of products across different designer stores,
fashion stores, and mass merchandisers contribute to the segment growth.
Moreover, availability of dedicated extra space provided for baby wear in these
stores bodes is anticipated to positively influence the growth of the segment.
North America is anticipated to continue holding
the leading market share over the forecast period. In U.S., the retail sales of
clothing stores exceeds USD 15 billion on monthly basis. Rise in the revenue of
retail sales in the apparel market is anticipated to propel growth of the
regional market for toddler wear. The existing key market players focus on
expanding their product portfolio to introduce infant and children wear. Most
of them strive to leverage their existing brand image while targeting young
parents.
Asia Pacific is expected to register the fastest
CAGR during the forecast period. Factors such as the availability of trendy
styles, product innovation, and rising disposable income are anticipated to
propel the regional demand for toddler wear. The market is characterized by a
few initiatives, such as, product innovation, regional expansion, mergers and
acquisitions, and online sales.
For full research report on Toddler Wear Market visit here:
https://www.grandviewresearch.com/industry-analysis/toddler-wear-market
Further key findings from the report suggest:
- In terms
of revenue, apparel product segment is projected to ascend at a CAGR of
5.63% over the forecast period
- Offline
distribution channel held the leading market share of over 79.37% in 2018
- North
America led the global toddler wear market in 2018 with a value share of
34.39%
- Asia
Pacific is projected to register the fastest CAGR owing to increasing
disposable income of consumer in countries such as India, South Korea,
China, and Japan
- The
market is highly competitive in nature with the presence of key players
such as Carter's, Inc.; Adidas AG; Benetton Group S.r.l.; The Gap, Inc.;
and Nike, Inc.
- Various
manufacturers concentrate on new product launches, capacity expansion, and
product innovation to cater to the rising demand for toddler wear
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/toddler-wear-market/request/rs1
Grand
View Research has segmented the global toddler wear market on the basis of
product, distribution channel, and region:
Toddler
Wear Product Outlook (Revenue, USD Billion, 2015 - 2025)
- Apparel
- Footwear
- Others
Toddler
Wear Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
- Online
- Offline
Toddler
Wear Regional Outlook (Revenue, USD Billion, 2015 - 2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- Central
& South America
- Brazil
- Middle East
& Africa
About
Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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