Kids Wear Market to grow at 5.3% CAGR, with Europe leading the market through 2030

The Global Kids Wear Market is expected to reach USD 442.13 Bn by 2030, driven by the demand for children’s clothing is significantly influenced by the growing worldwide population, especially in emerging nations.

Global Kids Wear Market to Hit USD 442.13 Bn by 2030

The Global Kids Wear Market was USD 590.2 Bn in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030, reaching USD 442.13 Bn by 2030. The Herbal Medicine Market is also driven due to Urbanisation which increased the demand for fashionable and superior children’s clothing by introducing parents to international fashion trends.

Emerging economies like India, Brazil, and China show growth in the global child population which contributes to market expansion. Growth in e-commerce platforms like Amazon, Shein, First Cry, etc made kid’s clothing more accessible. The United States is expected reach a market size of about $13.6 by 2030.

Global Kids Wear Market Segmentation

1. By Product

The Global Kids’ Wear Market is segmented into Apparel and Footwear. Apparel includes Casual wear, Formal wear, Sportswear and activewear, Sleepwear, Innerwear, Ethnic and traditional wear, and Winter wear. These are easily available in the stores of key brands like H&M Kids, Zara Kids, Under Armour Kids, Burberry Kids, Ralph Lauren Kids, etc. Footwear includes Casual Shoes, Formal Shoes, Sports Shoes and sneakers, Sandals and flip-flops, etc.

2. By End User

Toddlers are the major factor that drives the growth of the segment. 39% of the segment is dominated by toddlers, as the growing height of the children boosts the growth in need of clothing.

Global Kids Wear Market Regional Analysis

1. North America

North America, the US is the leading Global Kida Wear Market, followed by Canada & Mexico. The strong demand for children’s clothing was reflected in the North American kids’ wear market’s 2023 valuation of over USD 41 billion. The United States has a wide variety of customer tastes, however, branded and high-end children’s clothing is strongly preferred. Mexico and Canada are also gaining fast growth due to evolving consumer trends and increasing income.

2. The European

The European market also shows significant growth which is driven by the increasing influence of global fashion trends, changing consumer preferences, etc. Europe shows the presence of major international brands like Boboli, Orbasics, Kaleidoscope, and Sense Organics.

3. Asia Pacific

Asia Pacific is projected to experience significant growth due to urbanization and rising disposable incomes. Countries like India, China, and South Asian Nations are assisting in Global Kids Wear Market growth. The need for children’s apparel is greatly increased by the region’s young population and cultural customs.

Global Kids Wear Market Competitive Landscape

• H&M Kids is a children’s clothing brand founded in 1968, In July 2022 H&M had a partnership with CAMP. Recently in 2024, H&M launched a premium children’s wear named H&M Adorables.
• Ralph Lauren Kids in 2004, Polo acquired Ralph Lauren Kids with an agreement that cost approximately $240 million. Before this acquisition, Ralph Lauren was affiliated with s. Schwab Company in 2013.
• Gap Inc. In 2021 Gap Inc. acquired Drapr, CB4, and Athleta a women’s athletic apparel brand for $150 million. In 2022 Gap Inc. sold its Greater China operations to Baozun for $40 million.

Conclusion

• The growing desire for sustainable design, the expansion of digital sales channels, and new markets present potential for the global kids’ clothing industry, which is expected to continue growing.
• The concept of Reusing or recycling children’s clothes is becoming more popular, and programs like garment rental or resale platforms.
• Companies are improving their omnichannel presence, enabling customers to seamlessly shop between online and offline stores.