Children’s Shirts And Blouses Market Size Worth $28.68 Billion By 2028 Owing To Technological Developments in Areas of Machinery, Synthetic Fibers And Logistics | Million Insights
The global Children’s Shirts And Blouses Market size is expected to reach USD 28.68 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 3.9% from 2021 to 2028. Technological developments in the areas of machinery, synthetic fibers, and logistics are expected to propel the market growth. Increasing demand for children’s shirts and blouses in Asia Pacific is anticipated to drive the market. Moreover, fast fashion in the industry is leading to the massive production of dozens of collections each year, thereby creating significant economic impact.
In order to curb the Covid-19 spread, governments all over the world imposed nationwide lockdowns and restrictions on private as well as public events. The apparel industry as a result witnessed a halt in manufacturing, trade, and distribution activities. The market observed a decline in sales during this period. However, due to the relaxed Covid-19 restrictions and resuming trade and manufacturing activities, it is expected that the market will witness promising and healthy growth in the coming years.
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The casual shirts type segment accounted for the largest revenue share of more than 40.0% in 2020. Casual shirts are used in any season and occasion and are available in different prints and patterns. In addition, casual shirts are used by both boys and girls because of their comfort, therefore their demand is high. This is eventually leading to significant revenue generation.
The online distribution channel segment is anticipated to register the highest CAGR of 4.2% from 2021 to 2028. Convenience and ease of access are the factors driving the segment. Increased usage of this channel by the younger generation is also fueling the segment growth. Additionally, the expansion and penetration of the online retail giant, Amazon, in new regions and the emergence of new online retailers are likely to drive the segment.
Asia Pacific accounted for the largest revenue share of over 40.0% in 2020. Countries including India and China accounted for a significant revenue share in 2020 as the birth rates in these countries are high as compared to the rest of the world, which results in high demand for children’s shirts and blouses. In addition, a rise in the number of retail outlets in the last couple of years has contributed to the high revenue generation.
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Children’s Shirts & Blouses Market Report Highlights:
• North America is likely to expand at a CAGR of 4.0% from 2021 to 2028. This is attributed to the large spending on children’s apparel in this region
• The blouses type segment is anticipated to exhibit the highest CAGR of 4.3% from 2021 to 2028. This is credited to the rising adoption of western clothing styles due to ease of use and convenience
• The online distribution channel segment is expected to register the highest CAGR of 4.2% from 2021 to 2028 owing to its growing popularity among the younger generation
Children’s Shirts & Blouses Market Segmentation
Million Insights has segmented the global children’s shirts & blouses market on the basis of type, distribution channel, and region:
Children’s Shirts & Blouses Type Outlook (Revenue, USD Million, 2017 – 2028)
- Blouses
- Dress Shirts
- Casual Shirts
Children’s Shirts & Blouses Distribution Channel Outlook (Revenue, USD Million, 2017 – 2028)
- Offline
- Online
Children’s Shirts & Blouses Regional Outlook (Revenue, USD Million, 2017 – 2028)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
List of Key Players of Children’s Shirts & Blouses Market
- Zara SA
- Hennes & Mauritz AB
- Benetton Group
- Marks & Spencer Plc.
- The Children’s Place Inc.
- GAP Inc.
- Tommy Hilfiger B.V.
- NEXT Plc.
- Calvin Klein
- Ralph Lauren Corp.
- Punto Fa, S.L.
- Uniqlo Co. Ltd.
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