Baby Apparel Market: By Product Type (Outerwear and Innerwear); By Distribution Channel (Online and Offline); and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
Baby apparel is described as clothing that is intended for children aged 0 to 36 months and measures 86 meters in length. In the past, parents made the bulk of the baby clothes that the babies wore. However, in recent years, manufacturers have decided to manufacture children's products, resulting in a large increase in baby clothing sales. The populace’s understanding of proper baby presentation has evolved as a result of shifting lifestyles and a rise in the number of women employed. As a result, the baby clothing market is rapidly expanding. Brand innovation, to create new designs in response to customer demand, has proved to be a key success factor for baby clothing manufacturers.
Market Highlights
Global Baby Apparel is expected to project a notable CAGR in 2030.
Global Baby Apparel to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of XX.X % in the coming years, i.e., 2021-30. This growth is anticipated due to rising concerns associated with the comfort of the baby and increasing baby fashion trends. The growth of online stores is also propelling the selling of high-end products. The parents are becoming more conscious regarding those apparel products, which offer comfort to the baby, along with improving the adaptability of the latter around their surroundings.
Global Baby Apparel: Segments
Outerwear segment to grow with the highest CAGR during 2021-30
Global Baby Apparel is segmented by product type into Outerwear and Innerwear. The outerwear segment held the largest market share of XX.X% in the year 2020. The market for fancy apparel has been boosted by new parents' emphasis on trendy apparel and fabric wears. Furthermore, children's fashion shows are becoming more popular around the world as parents become more knowledgeable about the latest fashion trends for their children via the internet. Various exhibits are held around the world to encourage children's fashion and to introduce new children's fashion.
Online segment to grow with the highest CAGR during 2021-30
Global Baby Apparel is segmented by distribution channels online and offline. Over the forecast period, the online distribution channel is projected to expand at the fastest pace. Sales via this channel have been powered by the increasing popularity of e-commerce platforms among manufacturers and high internet penetration.
Market Dynamics
Drivers
Increasing consumer demand and media advertising of baby apparels
Surging demand for Baby Apparel among the population is the key factor contributing to the market growth. The global baby clothing market is primarily driven by a rise in consumer demand for branded clothing. On a larger scale, increased wages and changing habits of parents are seen to favor baby clothing manufacturers. Parents, too, want their children to pursue the latest fashion trends, which have fueled the global baby clothing market over the years. In recent years, brand choice in baby clothing has become a big industry trend. Some of the main drivers of the global baby clothing industry include media and advertising of designer baby clothing, as well as visual merchandising at various supermarkets.
Heavy discounts and increasing number of baby fashion shows
Furthermore, the increase in demand for designer baby clothing, as well as discounts offered by various baby clothing manufacturers on trendy wear, are creating opportunities for the global baby clothing industry. Owing to an increase in the number of baby fashion shows held on particular occasions, parents are becoming more interested in designer baby clothes.
Restraint
Changing fashion trends as well as consumer tastes
Changing fashion trends, as well as a constant change in customer tastes and expectations, have resulted in increasing prices for baby clothing raw materials over time. As a result, rising production costs for baby clothing are having a negative effect on the global baby clothing industry.
Global Baby Apparel: Key Players
Nike, Inc.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Hennes & Mauritz AB
Hanesbrands, Inc.
Ralph Lauren Corporation
Carter's, Inc.
The Children's Place, Inc.
Industria de Diseno Textil, S.A. (Inditex S.A.)
Truworths Ltd.
Cotton On Group Services Pty. Ltd.
Burberry Group PLC
Other Prominent Players
Global Baby Apparel: Regions
Global Baby Apparel is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Baby Apparel in Asia Pacific held the largest market share of XX.X% in the year 2020 in terms of revenue. India and China accounted for the bulk of the share because their birth rates are higher than the rest of the world as a result of improved childcare facilities in rural and urban areas. This pattern is expected to have a major effect on the scope of baby apparel products. In the coming years, the Middle East and Africa are expected to expand significantly. Over the next few years, urbanization and changes in economic indicators such as rising disposable income and rising birth rates in African countries such as Nigeria, Ethiopia, and Kenya are expected to open new avenues for baby apparel.
Global Baby Apparel is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Baby Apparel report also contains analysis on:
Baby Apparel Segments:
By Product Type
Outerwear
innerwear
By Distribution Channel
Online
Offline
Baby Apparel Dynamics
Baby Apparel Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Baby Apparel Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Baby Apparel Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Baby Apparel Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Baby Apparel Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Product Type: Market Share (2020-2030F)
12.2.1. Innerwear, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Outerwear, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Distribution Channel: Market Share (2020-2030F)
12.3.1. Online, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Offline, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13 Company Profile
13.1. Nike, Inc.
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Hennes & Mauritz AB
13.3. Hanesbrands, Inc.
13.4. Ralph Lauren Corporation
13.5. Carter's, Inc.
13.6. The Children's Place, Inc.
13.7. Industria de Diseno Textil, S.A.
13.8. Truworths Ltd.
13.9. Cotton On Group Services Pty. Ltd.
13.10. Burberry Group PLC
13.11. Other Prominent Players
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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