Deep Analysis of Impact of COVID-19 on “Toddler Wear Market 2019-2025” Growth Worldwide….



The global toddler wear market size is expected to reach USD 283.27 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.22% during the forecast period. Availability of a wide range of products coupled with rising population, especially in emerging economies is projected to drive the growth. Rapidly evolving consumer goods industry in developing regions such as Asia Pacific and Middle East and Africa coupled with product premiumization is projected to further fuel the product demand.
The rise in product innovation and new product launches is anticipated to contribute to demand for toddler wear. Excessive use of harmful chemicals and toxins in conventional cotton clothing can cause skin diseases such as dermatitis among children. Rising consumer awareness regarding these harmful effects is projected to drive the demand for toxin-free and organic cotton, especially across the developed countries. As a result, market players focus on product innovation to manufacture comfortable and safe toddler wear.
Major market players include Carter's, Inc.; Adidas AG; Benetton Group S.r.l.; The Gap, Inc.; and Nike, Inc. Most companies engage in capacity expansion, mergers and acquisitions, and product and technological innovation to strengthen their market position. Top companies focus on increasing their geographical presence to obtain maximum market share.
Offline distribution channel is anticipated to continue holding the leading market share over the forecast period. Availability of a wide range of products across different designer stores, fashion stores, and mass merchandisers contribute to the segment growth. Moreover, availability of dedicated extra space provided for baby wear in these stores bodes is anticipated to positively influence the growth of the segment.
North America is anticipated to continue holding the leading market share over the forecast period. In U.S., the retail sales of clothing stores exceeds USD 15 billion on monthly basis. Rise in the revenue of retail sales in the apparel market is anticipated to propel growth of the regional market for toddler wear. The existing key market players focus on expanding their product portfolio to introduce infant and children wear. Most of them strive to leverage their existing brand image while targeting young parents.
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https://www.grandviewresearch.com/industry-analysis/toddler-wear-market/request/rs4
Further key findings from the report suggest:
·         In terms of revenue, apparel product segment is projected to ascend at a CAGR of 5.63% over the forecast period
·         Offline distribution channel held the leading market share of over 79.37% in 2018
·         North America led the global toddler wear market in 2018 with a value share of 34.39%
·         Asia Pacific is projected to register the fastest CAGR owing to increasing disposable income of consumer in countries such as India, South Korea, China, and Japan
·         The market is highly competitive in nature with the presence of key players such as Carter's, Inc.; Adidas AG; Benetton Group S.r.l.; The Gap, Inc.; and Nike, Inc.
·         Various manufacturers concentrate on new product launches, capacity expansion, and product innovation to cater to the rising demand for toddler wear
The global toddler wear market size was valued at USD 185.68 billion in 2018 and is anticipated to expand at a CAGR of 6.22% during the forecast period, from 2019 to 2025. Availability of a wide range of products coupled with rising population, especially in emerging economies is anticipated to drive the growth. Rapidly evolving consumer goods industry in developing regions such as Asia Pacific and Middle East and Africa coupled with product premiumization is projected to further fuel the demand for toddler wear.
The rise in product innovation and new product launches is anticipated to contribute to demand for toddler wear. In August 2018, Gerber Baby Clothing launched organic clothing products sold through leading offline distribution channels such as supermarkets and hypermarkets. Rise in adoption of the latest fashion trends from different parts of the world reflects on the baby and toddler fashion trends. This factor is expected to positively influence the demand for toddler wear in the forthcoming years.
Excessive use of harmful chemicals and toxins in conventional cotton clothing can cause skin diseases such as dermatitis among children. Rising consumer awareness regarding these harmful effects is projected to drive the demand for toxin-free and organic cotton, especially across the developed countries. Hence, market players focus on product innovation to manufacture comfortable and skin friendly toddler wear.
Strong influence of social media on the apparel industry is driving the sales of toddler clothing. Adoption of pop culture trends in infant clothing is also expected to drive the growth. Manufacturers focus on high-quality fabrics, unique designs, and vibrant colors to attract more consumers. Factors such as influence of celebrity fashion and rising number of child artists are expected to create growth opportunities for the toddler wear market in near future. For instance, in 2017, Boots Mini Club collaborated with British television and radio presenter Fearne Cotton to launch a new range of fashion clothes such as bomber jackets and fur coats for kids.
Browse Press Release of this report:                                
https://www.grandviewresearch.com/press-release/global-toddler-wear-market
Grand View Research has segmented the global toddler wear market on the basis of product, distribution channel:
Toddler Wear Product Outlook (Revenue, USD Billion, 2015 - 2025)
·         Apparel
·         Footwear
·         Others
Toddler Wear Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
·         Online
·         Offline
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.




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