The global kids wear market is anticipated to grow at a CAGR of 8.5% during the forecast period. The rising number of newborn babies across the globe is accelerating the kids wear market during the forecast period. For instance, in 2020, according to the data released by the Kaiser Family Foundation & Organization (KFF), the number of newborn babies in the US is evaluated to be 3.6 million followed by California with 420,259 newborn babies in 2020. To cater to the rising demand for kids apparel across the globe, key players are launching the kids wear brand to stay competitive in the market. For instance, in September 2019, Myntra Designs Pvt. Ltd. in partnership with an organized retail group Tablez launched the US-based based kids wear brand OshKosh B’Gosh in India. OshKosh B’Gosh offers contemporary fashion with a wide variety of styles and trends to meet the demand of users. Additionally, kids' wear is available on the online platform as well to reach the maximum consumers.
Browse the full report description of “Kids Wear Market Size, Share & Trends Analysis Report by Product Category (Apparel and Footwear), by Distribution Channel (Offline Retail Stores and Online Retail Stores), by Age Group (0-12 Months, 1-5 Years, 5- 10 Years, 10-12 Years, and Others), and by End-Users (Boys and Girls) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/kids-wear-market
Moreover, key players are adopting various strategies such as partnership, acquisition, and other strategies to meet the demands of consumers and stay competitive in the market. For instance, in June 2020, ARCADIA Srl (Dondup) entered into a partnership with Gimel, the Italian manufacturer. Both companies signed a six-year licensing agreement for the production of kids' wear and distribution of their brands’ kids' collections across the globe. Moreover, both companies are involved in manufacturing spring collection, which includes styles for boys and girls aged 0-14 years.
Furthermore, in October 2019, Semir Apparel acquired Kidiliz group, a kids clothing company in France. Through this acquisition, Kidiliz group speed up China's market expansion with the support of Semir Apparel's professional knowledge, sales channels, and management team. On contrary, Semir Apparel strengthens its position in the children's wear market through acquisition.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product Category
o By Distribution Channel
o By Age Group
o By End-Users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including adidas India Marketing Pvt Ltd, Aditya Birla Fashion and Retail Ltd., Arvind Fashions Ltd. (Tommy Hilfiger), Benetton India Pvt. Ltd., , and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Kids Wear Market Report Segment
By Product Category
By Distribution Channel
By Age Group
By End-Users
Global Kids Wear Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/kids-wear-market