Global Maternity Wear Market 2015-2019
Global Maternity Wear: Market Analysis 2015-2019
Coverings:This report covers the growth prospects of the global maternity wear market in the power industry with segmentation based on types of apparel. Market shares for key geographies include EMEA, Americas, and APAC. It also includes an insightful analysis of the leading vendors of this market such as Amoralia, Destination Maternity, Envie De Fraises, Isabella Oliver, and Mothercare.
Market overview of global maternity wear
The global maternity wear market is expected to grow at a CAGR of 2.01% during the forecast period. The increase in the pregnant working women population is the key driver for the growth of the maternity wear market. The rise in demand for maternity wear, from countries like India, is also fuelling the market for maternity wear. The fluctuations in birth rate are expected to pose a challenge for the growth of the maternity wear market. Countries like Monaco, Saint Pierre and Miquelon, Japan, and Singapore registered low birth rates during the recent years. Monaco accounted for the lowest birth rate during 2014 with 6.72 births per 1000 people. Macroeconomic factors such as disposable income and unemployment rate also impact the maternity wear market.
Market segmentation of global maternity wear by type of apparel
Technavio Announces the Publication of its Research Report – Global Maternity Wear Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Maternity Wear Market: Amoralia, Destination Maternity, Envie de Fraises, Isabella Oliver and Mothercare
Other Prominent Vendors in the market are: Arcadia, JoJo Maman Bébé, Mamas & Papas, The Gap, Triumph Apparel, Ripe Maternity, Thyme Maternity, and Mom & Me.
Commenting on the report, an analyst from Technavio’s team said: “Consumers are now avoiding unwanted chemical exposure, by opting for organic maternity clothes. Manufacturers are making initiatives to tap this opportunity by providing products made up of sustainable materials. For instance, Boob Design makes 82% of its products from organic cotton. Some other brands manufacturing organic maternity apparel are Maternitique, Figure8 Maternity, Mothers En Vogue, and Bump Covers.”
According to the report, increasingly, a large number of pregnant women are choosing to work into the later months of their pregnancies. They look for ease and comfort during pregnancy in order to be able to continue active employment. This creates an increase in demand for maternity apparel of different sizes and styles. Such a demand is especially noticeable in countries like the US and the UK, where most women continue to work until late stages of the pregnancy.
Further, the report states that one of the biggest challenges for the maternity wear market is the low birth rate in countries like Monaco, Saint Pierre and Miquelon, Japan, and Singapore.
Aselsan, Codan, Elbit Systems, Exelis, SAAB, FLIR Systems, Harris Corporation, Rockwell Collins, Safran, Thales Group