Evolution of Children’s Wear as an Independent Fashion Industry Drives Gains in the Global Children’s Wear Market
The global market for Children’s Wear is forecast to reach US$339 billion by 2024 , driven by factors such as improving birth rates in some of the major countries, growing affluence of parents with higher disposable incomes, expanding base of luxury and designer children’s wear sector, and growing penetration of organized retail across emerging countries. Children’s wear has evolved into one of the most lucrative segments in the global clothing industry, holding significant sales potential. The dynamic world of children’s wear is now known for exciting fashion trends, new styles and collections designed to make kids comfortable, stylish, and trendy. Global children’s wear market is driven by a combination of factors including improving economies, growing disposable incomes, high birth rates in certain countries, growing influence of media, design innovations and expanding product offerings by manufacturers and designers. Children also tend to outgrow shoes and clothes ...