-- The market research analyst predicts the global children’s wear market to grow at a CAGR of more than 6% by 2020. The rising number of working women globally, especially in the mature markets of the US and some Western European countries, is expected to influence market expansion positively during the forecast period. This increase in the sale of children’s apparels will lead to the growth of this market during the forecast period.
Browse 35 data exhibits spread through 64 pages and in-depth TOC on “Global Childrens Wear Market 2016-2020” at http://www.reportsnreports.com/reports/447841-global-childrens-wear-market-2016-2020.html.
According to the Global Childrens Wear Market 2016-2020 report, the declining infant mortality rate worldwide will continue to drive the global children's wear market over the next five years. Improved healthcare facilities, coupled with better hygiene and sanitation facilities for infants, are resulting in a gradual decrease in the infant mortality rate.
The augmented availability of a wide array of products and brands and growth in affluent population are driving the prospects for growth in this market during the forecast period. Furthermore, the rapid growth of the organized retail sector in emerging countries has also added to the penetration of a broad range of children’s products and brands. This increase in the retail of children’s apparels will boost the market for children’s wear during the forecast period.
Product-based segmentation of the children’s wear market: Apparel and Footwear
In this market analysis, analysts have estimated the apparel segment to be the largest market segment during the forecast period. Factors such as the growing preference for online shopping, an increase in organized retail, and the rising demand for organic wear will result in this segment’s impressive market share of more than 77% during the forecast period. Order a Copy of Global Childrens Wear Market 2016-2020 Report at http://www.reportsnreports.com/purchase.aspx?name=447841.
Geographical segmentation of children’s wear market: Americas, APAC and EMEA
The market research analysts have estimated the EMEA region to account for more than 36% of the total market share by 2020. Factors such as the growing demand for organic kids’ wear, increase in dual-income households, and emerging fashion trends will promote market growth in this region during the forecast period.
Competitive landscape and key vendors
The global children’s wear market is characterized by the presence of both international and regional vendors. The leading players in this market focus on product and service extensions, innovations in technology, and M&A to increase their footprint in this market during the forecast period.
The following companies are the key players in the Global Childrens Wear Market are Benetton, Carter's, Disney, Gap and The Children's Place.
Other Prominent Vendors in the market are: American Apparel, Balabala, Cotton On, Diesel, Dolce&Gabana, DKNY, Giordano International, Kering, Levi Strauss, Mothercare, Ralph Lauren, Tinycottons, VF, and Wovenplay.
Further, the report states that the global birth rate has been steadily declining over the past decade. This is affecting the sales of children's wear negatively.
Related Report: Childrens' Coats & Suits World Report
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