Report ID: SQMIG25M2035
Report ID:
SQMIG25M2035 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
61 |
Figures:
77
Global Children’s Suits & Ensembles Market size was valued at USD 4.16 billion in 2022 and is poised to grow from USD 4.30 billion in 2023 to USD 5.48 billion by 2031, growing at a CAGR of 3.10% during the forecast period (2024-2031).
Parents and caregivers often seek out suits and ensembles that are not only fashionable and stylish, but also comfortable, well-fitting, and appropriate for their children's age and the occasion. The market will experience slower growth as more people become aware of the environmental damage the garment and fashion sectors do. Moreover, a buyer-driven value chain may be seen in the apparel business. Foreign trade and investment activities have a significant impact on production. Further difficulties experienced by the companies include local import restrictions and market access hurdles.
A negative impact on the global market is implied by political opportunism and fragmented vision, which have a considerable impact on the rules and regulations of the countries. For instance, In February 2021, H&M Group, a leading global fashion retailer, announced the acquisition of "Pikolo," a Swedish kids' fashion brand. This move aimed to strengthen H&M's presence in the children's clothing market and expand its offering of sustainable and stylish clothing for children.
US Children’s Suits & Ensembles Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25M2035