India Kids Wear MarketPosted by Sophia Jones on January 1st, 2021
India Kids Wear Market was valued USD 16.62 Billion in FY2020 and is forecast to grow at CAGR of 5.89% through FY2026 to reach USD 22.53 Billion by FY2026. Rising disposable income of Indian households and changing lifestyles, especially in urban areas, is propelling demand for Kids Wear in the country. Increasing number of nuclear families and rising number of dual income households is forecast to continue driving growth in the country’s Kids Wear market in the coming years. Indian culture is known as one of the richest and oldest cultures across the globe. However, increasing westernization, rising number of nuclear families and growing purchasing power is increasingly influencing consumers and thereby positively impacting the country’s Kids Wear. Nowadays, parents have started spending more on kids and want their kids to wear latest fashion branded apparel, and this trend is more prevalent in Tier I and II cities. Furthermore, increasing retail expansion and internet retailing is also contributing to the growth of Kids Wear market in the country. People are now more aware of international brands due to ads on television or internet, and consequently, are purchasing kids apparels offering latest fashion trends and designs. Request a free sample copy of India Kids Wear Market Report India kids wear market is categorized based on gender, category, season, sector, distribution channel and competition. Based on distribution channel, the market is categorized into multi brand retail outlets, online, exclusive stores, supermarkets & hypermarkets and others. Multi brand retail outlets accounted for the 1/3rd share in FY2020 and the trend is likely to continue until FY2026. Some of the leading players operating in India Kids Wear market are Future Lifestyle Fashions Ltd., Shoppers Stop Ltd., Aditya Birla Fashion and Retail Ltd., Arvind Fashions Ltd. (Tommy Hilfiger), Gini & Jony Ltd., Benetton India Pvt. Ltd., Lilliput Kids Wear Ltd., Catmoss Retail Pvt. Ltd., Indian Clothing League Pvt. Ltd., and Tiny Girl Clothing Co. Pvt. Ltd., among others. Years considered for this report: Objective of the Study: • To analyze and forecast the market size of India Kids Wear market. • To define, classify and forecast the India Kids Wear market based on gender, category, season, sector, distribution channel and company. • To identify tailwinds and headwinds for the India Kids Wear market. • To strategically profile the leading players, which are involved in the operation of the industry in the country. Our Research performed primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of Kids Wear manufacturers and suppliers in India. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Our Research analysed product offerings, distribution channel and regional presence of all major companies in the industry. Our Research calculated the market size for the India Kids Wear market using a bottom-up approach, wherein manufacturers’ value data for different type of Kids Wear was recorded as well as forecast for the future years was made. Our Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also studied by Our Research. Key Target Audience: The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as manufacturers, distributors, dealers and policymakers, about which market segments should be targeted over Kids Wear outlets in coming years to strategize investments and capitalize on growth of the market. Report Scope: • India Kids Wear Market, By Gender: • India Kids Wear Market, By Category: • India Kids Wear Market, By Season: • India Kids Wear Market, By Sector: • India Kids Wear Market, By Distribution Channel: Competitive Landscape Browse our full report with Table of Content : About Market Reports on India: Contact us at: Like it? Share it! More by this author |