Children’s
wear refers to clothing for children aged between 0 months to 10 years.
It includes apparel such as outerwear, underwear, nightwear, socks and
tights, and footwear designed for infants and children who have not yet
grown to full height. Children’s wear is classified according to age.
Infant wear includes clothing for infants who are up to 12 months,
toddler wear refers to clothing made for children aged between one to
three years, and kids’ wear is made for children aged between three to
10 years. The further categories of boys’ and girls’ wear include
clothing for boys and girls who are three to 10 years of age.
Analysts forecast the Global Children’s and Infant Wear market will grow at a CAGR of 6.05 percent over the period 2013-2018.
The
Report recognizes the following companies as the key players in Global
Children's and Infant Wear Market: Amazon.com Inc., Bed Bath &
Beyond Inc., Benetton Group SpA, Carter's Inc., Children's Place Retail
Store Inc., Esprit Holdings Ltd., Gap Inc., Macy's Inc., Sears Holdings
Corp., The Walt Disney Co., Wal-MartStores Inc., Bealls Inc., Bossini
International Holdings Ltd., Diesel SpA, Dolce & Gabbana Srl, Donna
Karan International Inc., Fruit of the Loom Inc., Gianni Versace SpA,
Giordano International Ltd., GymboreeCorp., Hanesbrands Inc., Industria
de Diseño Textil SA, J.C. Penney Company Inc., J. Crew Group Inc.,
Kering, Kohls Corp., Levi Strauss & Co., Linmark Group Ltd., Marks
& Spencer plc, MoiselleInternational Holdings Ltd., Mothercare plc,
OshKosh B'gosh Inc., Oxford Industries Inc., Polo Ralph Lauren, Provogue
India Ltd., Target Corp., TJX Companies Inc., U-RIGHT International
Holdings Ltd., VFCorp., YGM Trading Ltd.
Over the past few years,
children in developed economies in the Americas and Europe have become
highly fashion-conscious. These children are treated like adults and
they are continually exposed to fashion media and branded clothing. In
addition, international travel and awareness about branded clothing
among their peers is also contributing to the awareness of luxury and
designer brands among children. Wealthy parents, celebrities, and
high-profile business people also prefer to clothe their children in
luxury brands for numerous reasons. The growing desire among children to
dress like adults and experience the newest fashion trends is inspiring
several luxury brands to create miniature versions of adult clothing
for children. Therefore, the increasing demand for luxury children's
wear in developed economies is a trend that is expected to fuel the
growth of the Global Children's and Infant Wear market during the
forecast period.
Covered in this Report
The
Global Children’s and Infant Wear market covers the present scenario
and the growth prospects of the Global Children’s and Infant Wear market
for the period 2014-2018. To calculate the market size, the report
considers retail sales of apparel and footwear for children below 10
years and infants. Second-hand/used clothing and antique and/or vintage
clothing have been excluded when calculating market size.
In terms
of distribution channel, the outlets specializing in the sale of
children’s and infant wear considered when calculating the market size
are listed below:
- Specialty retailers
- Mixed retailers
- Grocery retailers
- Leisure and personal goods specialty retailers
- Non-store retailers
- Other non-grocery retailers
Global
Children’s and Infant Wear Market 2014-2018, has been prepared based on
an in-depth market analysis with inputs from industry experts. The
report covers the Americas and the EMEA and APAC regions; it also covers
the Global Children’s and Infant Wear market landscape and its growth
prospects in the coming years. The report also includes a discussion of
the key vendors operating in this market.
According to the report,
a major driver is the increased consumer spending on children's wear.
Nowadays, parents want the best for their children and tend to spend
extravagantly on children's wear. Currently, an average family spends
nearly US$105 annually on their child's clothing worldwide. Moreover,
the increasing disposable income of families is one of the main factors
of consumer spending on children's wear.
Further, the report
states that one of the major challenges in this market is the increased
vendor competition. Because of the intense competition and the rising
cost of raw materials, vendors are witnessing a decline in their profit
margins.
