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Kids Wear Market to Reach Usd 420 Bn by 2029, Emerging at a Cagr of 5.3 Percent and ...
Foundation: Nike
The global kids wear market was valued at $XX million in 2016 and is expected to reach at a value of $XX million by the end of 2022, growing at a compound annual growth rate (CAGR) of XX.XX% between 2017 and 2022, according to a new report published by Maximize Market Research.
North America is expected to hold the largest share of the kids wear market during the forecast period, due to the increasing awareness of infant safety and hygiene among US-based working-class parents and the growth of double-income households with higher purchasing power.
However, Asia-Pacific is expected to show the highest growth rate during the forecast period, due to the increasing disposable income and improved childcare facilities in rural and urban areas.
Some of the major players in the kids wear market are Carter's, Nike, Adidas, Children's Place, Ideel, Walmart, JCPenney, Net-a-Porter, The Children's Place, and Under Armour.
The Children's Place is expected to hold the largest share of the kids wear market during the forecast period, due to the increasing number of children based in urban areas and working-class families with higher purchasing power.
Click here to read the full report.
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