USD 4.16 billion
Global Children’s Suits & Ensembles Market Size, Share, Growth Analysis, By Fiber(Cotton, Cellulosic), By End Use(Girls and Boys) - Industry Forecast 2024-2031
Report ID:
SQMIG25M2035 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
61 |
Figures:
77
Global Children’s Suits & Ensembles Market Insights
Global Children’s Suits & Ensembles Market size was valued at USD 4.16 billion in 2022 and is poised to grow from USD 4.30 billion in 2023 to USD 5.48 billion by 2031, growing at a CAGR of 3.10% during the forecast period (2024-2031).
Parents and caregivers often seek out suits and ensembles that are not only fashionable and stylish, but also comfortable, well-fitting, and appropriate for their children's age and the occasion. The market will experience slower growth as more people become aware of the environmental damage the garment and fashion sectors do. Moreover, a buyer-driven value chain may be seen in the apparel business. Foreign trade and investment activities have a significant impact on production. Further difficulties experienced by the companies include local import restrictions and market access hurdles.
A negative impact on the global market is implied by political opportunism and fragmented vision, which have a considerable impact on the rules and regulations of the countries. For instance, In February 2021, H&M Group, a leading global fashion retailer, announced the acquisition of "Pikolo," a Swedish kids' fashion brand. This move aimed to strengthen H&M's presence in the children's clothing market and expand its offering of sustainable and stylish clothing for children.
US Children’s Suits & Ensembles Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Boys
Fastest Growth
Boys
Growth Rate
3.10% CAGR
Global Children’s Suits & Ensembles Market ($ Bn)
Country Share for Europe Region (%)
Global Children’s Suits & Ensembles Market By End use ($ Bn)
Global Children’s Suits & Ensembles Market By end use (%)
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Global Children’s Suits & Ensembles Market Segmental Analysis
Global Children’s Suits & Ensembles Market is segmented on the basis of fiber, distribution channels, end use and region. By fiber, the market is segmented into cotton, polyester, cellulosic, and others. By distribution channels, the market is segmented into offline and online. By end use, the market is segmented into girls and boys. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Children’s Suits & Ensembles Market Analysis by End Use
In 2021, the boy's category accounted for over 55.0% of the market revenue for suits and ensembles for youngsters worldwide. Boys must dress in formal attire, especially suits and ensembles, for events like weddings, wedding receptions, and other formal gatherings. Elevated market share contribution can be attributed to increased population and higher end user demand.
The end-user girl market is anticipated to grow at a CAGR of 3.1%. Due to a shift in girls' preferences and fashion choices, the market for suits and outfits has benefited. The segmental expansion throughout the anticipated period is also being aided by the rising ratio of female babies being born around the world. In addition, producers are developing and releasing imaginative suits and outfits for girls, which spurs the segment's expansion.
Children’s Suits & Ensembles Market Analysis by Distribution Channels
With contributing over 80.0% of the market's revenue in 2021, the offline segment dominated the world. Superstores, specialized shops, department stores, wholesalers, etc. are examples of offline distribution channels. Consumers prefer the offline distribution channel, especially among older demographics, which significantly increases the segment's market share.
The online segment is predicted to have the highest CAGR, at 3.5%. Due to the growth of the largest online retailer, the emergence of new online retailers, and the development of company-owned websites, the online sector is predicted to have positive growth. The younger generation's growing involvement and a change in consumer preferences are anticipated to fuel the expansion of the online channel.
Global Children’s Suits & Ensembles Market By End use, 2023 (%)
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Global Children’s Suits & Ensembles Market Regional Insights
With a sales contribution of over 30% in 2021, Europe held a commanding lead in the children's suits and ensembles market. In European nations where the products are already on the market and the consumers are well-informed, the children's clothes business is a well-established sector. Also, major players have a strong presence in the area thanks to their substantial offline and online distribution networks. The area also holds the largest market share due to increased per capita disposable income and apparel consumption.
The greatest CAGR of 3.7% is anticipated for the global market in Asia Pacific. The rising demand for the commodity is attributed to population increase in China and India. The region is experiencing considerable growth in the retail sector, which includes department stores, specialized shops, hypermarkets, and shopping centers. This makes the product more easily accessible to consumers and facilitates its availability.
Global Children’s Suits & Ensembles Market By Region, 2024-2031
- Largest
- Fastest
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Global Children’s Suits & Ensembles Market Dynamics
Children’s Suits & Ensembles Market Drivers
Occasion-Specific Clothing Requirements to Bring Lucrative Sales Opportunities
- Special occasions and events, such as weddings, religious events, parties, and graduations, often require formal or semi-formal attire for children. This drives the demand for suits and ensembles that are appropriate for such occasions. Parents and caregivers seek well-coordinated and stylish clothing options to dress up their children for these events, driving the growth of the Children's Suits & Ensembles market.
- Today's children are more fashion-conscious and have their own preferences for clothing styles. They are exposed to various sources of fashion inspiration, such as social media, influencers, and celebrities, which drive their awareness of fashion and style. This awareness translates into a demand for trendy and fashionable suits and ensembles that reflect their personal style and identity.
Children’s Suits & Ensembles Market Restraints
Limited Product Portfolio to Hinder Market Growth
- The demand for suits and ensembles for children is primarily driven by special occasions and events, such as weddings, parties, and religious ceremonies. However, these occasions may be limited in frequency or cultural relevance, which may impact the overall demand for suits and ensembles. In regions or cultures where formal or semi-formal attire is not commonly worn for children, the demand for children's suits and ensembles may be relatively low.
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Global Children’s Suits & Ensembles Market Competitive Landscape
Manufacturers are concentrating on product research, innovation, and launch to boost brand sales by producing secure and cosy clothing. The utilization of poly-blended fabric, biodegradable cellulosic fabric, and production process optimization are actively being focused on and funded by manufacturers. To compete in the market, key companies are progressively concentrating on product innovation, expansion, joint ventures, and merger & acquisition activities.
Children’s Suits & Ensembles Market Top Player’s Company Profiles
- GAP Inc. (USA)
- Zara (Inditex Group) (Spain)
- Primark (Associated British Foods plc) (Ireland)
- Next PLC (United Kingdom)
- OshKosh B'gosh Inc. (USA)
- Ralph Lauren Corporation (USA)
- Mayoral Moda Infantil SA (Spain)
- Gymboree Group Inc. (USA)
- J. Crew Group Inc. (USA)
- Burberry Group PLC (United Kingdom)
- Old Navy (USA)
- Tommy Hilfiger (PVH Corp.) (USA)
- River Island Clothing Co. Ltd. (United Kingdom)
- Seed Heritage Pty Ltd. (Australia)
- Gucci (Kering Group) (Italy)
- Dolce & Gabbana (Italy)
- Monsoon Accessorize Ltd. (United Kingdom)
- Mini Boden (Johnnie B) (United Kingdom)
- Benetton Group S.r.l. (Italy)
Children’s Suits & Ensembles Market Recent Developments
- In September 2022, Limited-edition children's clothing made in collaboration with Hilary Duff was released by Carter's Inc. As well as offering options for boys, girls, and other gender-neutral styles, layering pieces and accessories enable quick alterations. The collection also features bright colours and neutrals that are simple to mix and match.
- In April 2022, The debut of its gender-neutral summer collection marked Coco Village's entry into the children's clothes industry. Coco Village is an online retailer that creates visually beautiful children's products for stylish families. Boys and girls can both wear the collection's wide selection of clothes.
Global Children’s Suits & Ensembles Key Market Trends
- Gender-neutral clothing is gaining popularity in the children's fashion market, including in the suits and ensembles segment. Parents are increasingly looking for clothing options that are not restricted to traditional gender norms and stereotypes, and are inclusive and diverse in their designs. Gender-neutral suits and ensembles allow children to express their individuality and style without conforming to gender-specific clothing. This trend is driven by a growing understanding and acceptance of gender fluidity and inclusivity, and is influencing the design and marketing strategies of children's suits and ensembles brands.
Global Children’s Suits & Ensembles Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analyses, the global c7hildren's suits & ensembles market is a part of the larger children's apparel industry, which caters to clothing needs for children in the age group of 0-14 years. Children's suits and ensembles typically include formal wear such as suits, tuxedos, blazers, dress shirts, vests, and other coordinated outfits for special occasions or formal events. The market is driven by various factors, including fashion trends, changing consumer preferences, increasing disposable incomes, and growing awareness about fashion among children. challenges such as price sensitivity and limited occasions for wearing formal wear may impact the market's growth. Trends such as customization and sustainability are also influencing the market dynamics. The Children's Suits & Ensembles market is expected to witness moderate growth in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.16 billion |
| Market size value in 2031 | USD 5.48 billion |
| Growth Rate | 3.10% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Children’s Suits & Ensembles Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Children’s Suits & Ensembles Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Children’s Suits & Ensembles Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Children’s Suits & Ensembles Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Children’s Suits & Ensembles Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Children’s Suits & Ensembles Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Children’s Suits & Ensembles Market Report Snapshots
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