The Asia Pacific Baby Sleepwear Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030).
Parents are getting more informed and updated on the newest fashion trends from social media websites like Pinterest, Facebook, Instagram, and other media platforms as more and more people access the internet. Furthermore, the popularity of online shopping among parents around the region is growing as a result of ongoing advertising efforts from various e-commerce sites like Amazon, Flipkart, and Alibaba, as well as the substantial discounts they provide. Throughout the anticipated period, this aspect is expected to have a significant impact on market growth.
Kids' clothing is growing more popular as people become more conscious of kids' clothing and fashion. Cotton is the fabric for kid's clothing since it is simple to clean, has little shrinking, and doesn't fade colors easily. Parents adore how smooth and natural cotton feels on their children. The demographic shift is one of the most significant forces influencing the market for kids’ clothes. Retail expansion and online shopping growth are both results of rapid urbanization. Parents in big cities have a tendency to purchase branded goods for their children. The kids clothing industry is expanding as a result of rising parents' spending money, media coverage, competition from peers, and brand awareness.
The Asia Pacific region is experiencing a surge in the proportion of high-net-worth individuals and urbanization. This trend is opening significant opportunities for luxury kid’s clothing brands to break into the apparel business in the region. As a result, the availability of luxury children’s wear brands, including Stella McCartney, Dolce & Gabbana, and Gucci, is being witnessed in the region. These international brands have expanded their offerings to include luxury children’s apparel in the region. In addition, it is worth noting that premium brands such as H&M have collaborated with multiple designers and illustrators to introduce vibrant and lively products that cater to the needs of children. All these elements are likely to contribute to the growth of the regional market.
The China market dominated the Asia Pacific Baby Sleepwear Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,091 million by 2030. The Japan market is anticipated to grow at a CAGR of 4% during (2023 - 2030). Additionally, The India market would register a CAGR of 5.3% during (2023 - 2030).
Based on Price Point, the market is segmented into Mass and Premium. Based on Material, the market is segmented into Cotton, Linen and Bamboo & Others. Based on Type, the market is segmented into Rompers and Pajamas. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Brand Stores, Specialty Stores, Online Channels and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Baby Sleepwear Market is Projected to reach USD 53.3 Billion by 2030, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Gap, Inc., Carter’s, Inc., H&M Group, Industria de Diseno Textil, S.A. (Inditex S.A.), Mothercare PLC, PVH Corporation, The Children’s Place, Inc., Nike, Inc., The Walt Disney Company and Under Armour, Inc.
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