Current Situation And Development Of Global High End Children'S Wear Market In 2020

According to the data of grand view research, the global market size of children's wear was 185.68 billion US dollars in 2018, which increased to US $19.2 billion in 2019, and is expected to exceed US $280 billion by 2025. At present, the global high-end children's wear market accounts for about 18% of the children's wear market, and the market size will be about 35.5 billion US dollars in 2019.

Children's wear market growth against the trend

In recent years, the vigorous development of the global children's wear market seems immune to the impact of the global economic slowdown. In the face of the unfavorable sales of many categories of luxury brands, the children's wear market has been booming. According to the global children's wear market, it is expected to break through US $28.8 billion by the year 1972 and reach US $28.8 billion by 2018, according to the global research view.

At present, the global high-end children's wear market accounts for about 18% of the children's wear market, and the market size will be about 35.5 billion US dollars in 2019. In the future, with the growth of the Asia Pacific region and the Middle East market, the proportion of high-end children's wear market will continue to increase, reaching about 59.5 billion US dollars by 2025.

The Middle East market is growing rapidly

Due to the growth of infant population, especially in developing countries such as India and China, the Asia Pacific region has an important market share in the global children's wear market. Strong economic growth and household income growth have increased consumer spending on children's clothing and footwear products in the Asia Pacific region.

The increasing number of high net worth people and urbanization process in Middle East countries (especially Saudi Arabia, Qatar and UAE) have created great opportunities for luxury children's clothing brands to enter the clothing market of these countries, which has promoted the development of local children's clothing market.

At the same time, the growth of the Middle East market has attracted a large number of brands. For example, many international luxury children's wear brands (such as Dolce & Gabbana, Stella McCartney and Gucci) offer products for sale in the Middle East and North America.

In some developed countries, the market share of the leading brand of children's wear is about 10% - 15%. Next group is the leading brand of children's wear in France, and shimuxt group ranks first in the United States.