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$186 Billion, The Global Children'S Wear Market Is Heating Up.

2014/12/20 18:30:00 20

Fast FashionChildren'S WearClothing

Compared with the adult clothing market, children's wear market is a stable and growing market.

Ellen Kirkhope, head of WGSN's fashion trend expert and children's wear department, said: "although children grow up quickly, a model wears less time, but their parents will not buy cheap and fast fashion products. Instead, most parents are willing to spend a little more money on children's clothing with quality assurance."

According to the United States

cotton

The company's lifestyle survey shows that about 90% of parents believe that quality and durability are the most important factors when they choose to buy children's clothing.

According to the Cotton Corp lifestyle survey, 84% of parents like their children to wear cotton clothing because of their comfort and breathability.

63% of parents said they were willing to pay higher prices for the purchase of cotton children's clothing.

According to MarketLine statistics, the American children's wear market is expected to achieve sales of nearly US $55 billion in 2014.

Meanwhile, a report from Datamonitor predicts that global sales of children's clothing will reach US $186 billion this year.

According to the statistics of New York post, the sales of children's luxury goods market in the world is 29 billion 600 million dollars, and high-end consumers may spend more than 700 dollars to buy children's holiday clothes.

Similar to other consumer markets.

Children's wear

The market is also presenting two versions of the story: on the one hand, parents are willing to spare no effort to dress up their children, on the other hand, parents want to buy quality clothing within the budget.

Patty Leto, senior vice president of sales at Doneger group, said high-end consumers do not care much about prices, while most consumers generally consider price, style and quality.

Leto also believes that high-end customers and other consumers are pursuing brand or product uniqueness, clothing quality and fashion.

Most consumers are sensitive to price and pursue products with high cost performance.

Clothing styles are always important to all consumers.

According to Kirkhope of WGSN, "most consumers want clothes to be practical and easy to handle.

In pursuit of unique hand and finishing effects, many designer brands use high-grade but unpractical fabrics to pursue niche markets.

But the design of popular brands and mid-range brands tends to focus more on children and children.

According to the lifestyle survey, for example, 47% of consumers prefer to buy more fashionable styles for children instead of basic ones.

54% of consumers expect to buy the best quality clothing at the cheapest price.

46% of consumers want to buy clothes that are practical.

These respondents said they were most concerned about price and durability, because children might be able to turn the price down.

clothes

If it breaks, or the term is not over, the clothes will be worn out.

 

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