The size of the global children’s clothing market was estimated at US $ 198.80 billion in 2023 and is expected to increase at a compound annual growth rate (CAGR) of 7.12 per cent from US $ 211.57 billion in 2024 to US $ 366.72 billion by 2032. In 2023, Asia Pacific held a 36.42 per cent market share, dominating the children’s clothing industry, according to a report by Fortune Business Insights.
Due to the growing number of infants, rising disposable income, and better childcare in both rural and urban areas—particularly in developing nations like China and India—Asia Pacific is anticipated to continue holding a leading market share for children’s clothing during the projected period. Asia’s strong economic growth and rising household incomes are predicted to boost consumer spending on children’s apparel and footwear.
The market will increase even more as more high-end, branded children’s clothing becomes available in developing nations like China, Vietnam, India, and others. Additionally, the industry will continue to increase as more seasonal clothing from a variety of brands becomes available for kids through both online and offline sales channels. In the upcoming years, the North American market is anticipated to expand considerably.
