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.
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:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022-FY2026
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.
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TechSci Research performed primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of Kids Wear manufacturers and suppliers in India. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research was able to include
manufacturers that could not be identified due to the limitations of secondary research.
TechSci Research analysed product offerings, distribution channel and regional
presence of all major companies in the industry.
TechSci
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. TechSci
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 TechSci Research.
Key Target Audience:
- India
Kids Wear market companies
- Research
organizations and consulting companies
- Organizations,
associations and alliances related to the India Kids Wear market and Kids
Wear industry
- Government
bodies such as regulating authorities and policymakers
- Industry
associations
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:
In this report, India Kids Wear market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- India
Kids Wear Market, By Gender:
- India
Kids Wear Market, By Category:
- Uniforms
- T-Shirts/Shirts
- Bottom
Wear
- Ethnic
Wear
- Dresses
- Denims
- Others
- India
Kids Wear Market, By Season:
- Summer
Wear
- Winter
Wear
- All
Season Wear
- India
Kids Wear Market, By Sector:
- Organized
Sector
- Unorganized
Sector
- India Kids Wear Market, By Distribution
Channel:
- Offline
- Supermarkets and Hypermarkets
- Exclusive Stores
- Multi-Brand Retail Outlets
- Others
- Online
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India Kids Wear market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of
direct and indirect sales channel.
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]