About the Online Childrens Apparel Market
Children's wear refers to clothing for children aged zero months to 14 years. It includes apparel such as outerwear, undergarments, sleepwear, socks, and tights designed for children. Infant wear includes clothing for those aged up to 12 months; toddler wear refers to clothing made for children aged between one to three years; and kids' wear is made for children aged between three years and 10 years.
Technavio’s analysts forecast the global online childrens apparel market to grow at a CAGR of 8.76% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global online childrens apparel market for 2016-2020. To calculate the market size, the report takes into account revenue generated from the online retail sales of children’s apparel.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Online Childrens Apparel Market 2016-2020
Technavio recognizes the following companies as the key players in the global online childrens apparel market: Alibaba, Amazon, JD.com, and Walmart.
Other Prominent Vendors in the market are: American Apparel, Benetton, Balabala, Carter’s, Cotton On, Diesel, Disney, Dolce&Gabbana, DKNY, eBay, GAP, Giordano International, Kering, Levi Strauss, Mothercare, Ralph Lauren, The Children’s Place, tinycottons, VF, and Wovenplay.
Commenting on the report, an analyst from Technavio’s team said: “A trend boosting market growth is the demand for luxury children’s wear in developed countries. Fashion-consciousness among children in developed economies like the Americas and Europe has increased, largely influenced by the buying patterns and increased fashion awareness of parents. Income also plays a major role in fueling demand for luxury children's wear.”
According to the report, a key growth driver is the shorter product life cycle. Children’s apparel has a shorter life cycle than adult clothing, as children tend to quickly outgrow their clothes. Customers have to make frequent purchases to meet the requirements of the growing children. As a result, the demand for children’s apparel is considerably more than that of apparel for adults, and this contributes significantly to year-over-year growth of the market.
Further, the report states that one challenge that could derail market growth is the threat of counterfeit products.
Alibaba, Amazon, JD.com, Walmart, American Apparel, Benetton, Balabala, Carter’s, Cotton On, Diesel, Disney, Dolce&Gabbana, DKNY, eBay, GAP, Giordano International, Kering, Levi Strauss, Mothercare, Ralph Lauren, The Children’s Place, tinycottons, VF, Wovenplay.