Abstract
just-style estimates the global infantwear market to have been worth over
US$28bn in 2005.
The market is set to grow at a rate faster than the number of children being
born. This additional growth will come from the increasing affluence of
parents in developing economies, who wish to spend their increasing levels of
disposable income on their children's clothing amongst other items. Other
global drivers of the market include:
- The world market for supplying children's clothing is being increasingly
dominated by large supermarket chains such as Wal-Mart and Tesco
- Mainstream fashion is having an increasing influence on all types of
clothing for children, from infantwear through to clothing for school
- Through television, internet access and computer usage, children across
the globe are becoming more aware of the latest fashion trends, and
increasingly want to see these trends reflected in their own clothing
- Price competition is fierce across the entire market, resulting in
suppliers looking to source from cheaper and cheaper manufacturing countries
- Parents across the globe are very aware of both the serviceability and
potential garment life when purchasing clothes for their children.
- Safety is an important aspect, particularly with infantwear. This market
segment is highly legislated across the US and Western Europe, and this level
of legislation will move across to the developing world during the next five
years.
This latest report from just-style examines the market for children's wear
from a global perspective and also reviews the major world markets. A market
overview for each region and major country is given including a review of
market size from 2000 to 2004, and a market size projection until 2010. Key
drivers for each market are examined, and any unique aspects brought out. The
report profiles some of the major global children's wear companies: Sara Lee
Corporation, VF Corporation, Gap, Disney Group and Wal-Mart.
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