Today: September 26, 2016, 3:56 am

Children's wear market revenues forecast to increase by 5.36% CAGR during 2013 to 2018
Global Children's Wear Market 2014-2018 - a new market research report on 2014-04-30 08:07:02
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, increased international travel and awareness about branded clothing among their peers is also contributing to awareness about luxury and designer brands among children. Wealthy parents, celebrities, and high-profile businesspeople 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 lead to the growth of the Global Children´s Wear market during the forecast period.

Parents are increasingly spending more on their children´s wear due to reasons such as peer pressure and the need to maintain their social status. Currently, across the globe, an average family spends approximately US$105 annually on their child´s clothing. Spending extravagantly on children has become an important consideration in their upbringing. Higher disposable income is another reason for the increasing spending on children´s wear by families. The availability of newer designer children´s clothing and footwear has also increased consumer spending on children´s wear, which is adding to the market growth.

Further, vendors in the Global Children´s Wear market are witnessing a decline in their profit margins owing to the increasing competition among vendors and the rising cost of raw materials. The market has also been attracting new vendors owing to its continual growth. These vendors are more focused on customer requirements and are developing new designs/varieties of children´s wear based on their requirements. In addition, cost-driven customers prefer to spend money on low-cost apparel and footwear than designer and luxury brands. This further reduces the sales potential and profit margins of vendors selling premium brands. Hence, the increasing vendor competition is a key challenge that is hindering the growth of the Global Children´s Wear market.

The key players operating in the global children´s wear market include Benetton Group S.p.A., Carter´s Inc., Children´s Place Retail Store Inc., Esprit Holdings Ltd., Gap Inc., and The Walt Disney Co.

The global children´s wear market is forecast to increase at a CAGR of 5.36 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing consumer spending on children´s wear. The Global Children´s Wear market has also been witnessing the increasing demand for luxury children´s wear in developed economies. However, the increasing vendor competition could pose a challenge to the growth of this market.

Other vendors operating in the market are Bossini International Holdings Ltd., Diesel S.p.A., Dolce & Gabbana S.r.l., Donna Karan International Inc., Gianni Versace S.p.A., Giordano International Ltd., Gymboree Corp., Industria de Diseño Textil SA, J. Crew Group Inc., Kering, Levi Strauss & Co., Linmark Group Ltd., Moiselle International Holdings Ltd., Mothercare plc, Provogue India Ltd., U-RIGHT International Holdings Ltd., VF Corp., and YGM Trading Ltd.

Click for report details: ..

Browse all Textiles and Clothing Market Research Reports ..

Browse all Textiles and Clothing Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 758 Words
Related Articles
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.