The global baby apparel market size is expected to reach USD 198.8 billion by 2025, according to a new report by Radiant Insights, Inc., expanding at a CAGR of 5.6% over the forecast period.
Moreover, increasing parents' focus on the kid's fashion and stylish wear is expected to expand the market scope over the next few years.
In addition, several fashion shows and trade exhibitions are held around the world in order to promote the baby fashion and launch new fashion, especially for infants, toddlers, and kids.
For instance, 'World of Childhood 2020', a specialized exhibition to launch new products for infants, toddlers, and kids, is going to be held in June 2020 at Yerevan, Armenia.
Major baby apparel manufacturers include Carter's, Inc.; Cotton On Group; Nike, Inc.; Industria de Diseno Textil, S.A.; and Naartjie.
Further key findings from the report suggest: • By product, outerwear apparel generated a revenue of exceeding USD 90.0 billion in 2018 owing to inclination of new parents towards keeping their babies in attractive dresses • Online distribution channel is expected to generate a revenue of USD 39.3 billion by the end of 2025 as they offer excellent convenience to the buyers in terms of free door delivery and coupon benefits • Asia Pacific is projected to expand at the fastest CAGR of 6.7% from 2019 to 2025 on account of increasing number of working class parents in countries such as China and India • North America led the baby apparel market and held a share of more than 40.0% in 2018 • Key players include Carter's, Inc.; Cotton On Group; Hennes & Mauritz AB; Nike, Inc.; Gymboree Group, Inc.; Industria de Diseno Textil, S.A.; Hanesbrands Inc.; Naartjie; Providence Apparel Inc.; and Ralph Lauren.
