The global children’s dresses and skirts market size is expected to reach USD 20.34 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 5.2% from 2021 to 2028. Population growth in Asia Pacific, rising consumer spending, growth of the organized retail sector, and a rise in global brand awareness are anticipated to drive the global market. Moreover, improvements in supply chain and logistics management are likely to increase efficiency and lower the risk factor, altogether driving the market.
The global apparel industry witnessed as lump and reduced sales due to the restriction and lockdown caused by the Covid-19 pandemic across the world. Manufacturing, transportation, trade, and sales activities were halted during the lockdown, which impacted the market for children’s dresses and skirts. However, with the resumed trade and business activities and relaxed restrictions, sales and demand for the product are expected to recover in the years to come.
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The dresses type segment dominated the market and held a revenue share of over 55.0% in 2020. Various types of attractive dresses such as shirt dress, wrap dress, denim dress, patterned dress, and ruffle dress are available in the market. Additionally, animal printed, floral printed, and motif-detailed dresses are available with plain, embroidery, or embellished designs. Manufacturers are innovating and launching dresses with characters printed on them to increase sales.
The offline distribution channel segment captured the largest revenue share of more than 70.0% in 2020. Offline distribution channels such as departmental stores, superstores, wholesalers, and hypermarkets are well-established. These channels are the primary choice and are used profoundly for shopping by elderly customers. Moreover, the footprint of these offline channels is expanding rapidly on account of the increasing rate of urbanization and industrialization in developing nations.
Asia Pacific is anticipated to exhibit the fastest CAGR of 6.1% from 2021 to 2028. The high growth potential of the region is credited to the new entrants and increasing expansion of the global and local brands. Growing population and increasing per capita income are creating favorable growth conditions for the apparel industry in India, China, and Vietnam, which, in turn, is driving the industry.
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Children’s Dresses & Skirts Market Report Highlights
• Europe dominated the market and held a revenue share of over 30.0% in 2020 on account of the well-established and wide presence of the key players, along with higher per capita spending of the consumers
• The skirts type segment is anticipated to register the fastest CAGR of 5.3% from 2021 to 2028. Rising popularity for skirts among the consumers is propelling the segment growth
• The online distribution channel segment is expected to register the fastest CAGR of 5.5% from 2021 to 2028. The easy, convenient, and fast-paced nature of the online channel is accountable for the segment growth
Children’s Dresses & Skirts Market Segmentation
Million Insights has segmented the global children’s dresses and skirts market on the basis of type, distribution channel, and region:
List of Key Players of Children’s Dresses & Skirts Market
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