The global children’s suits & ensembles market size was valued at USD 3.95 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 2.9% from 2021 to 2028. The growth of the global market is credited to the strong demand from the Asia Pacific region, due to the rising population. The strong presence of several global brands in the market and high per capita spending is also propelling the market growth. Moreover, fast fashion has a tremendous positive economic impact on the apparel industry, where designer clothes are made available at low costs. Lack of skilled and productive labor in the apparel industry, which is chiefly situated in the developing economies is restraining the market growth.
In addition, rising awareness about the environmental pollution caused by the apparel and fashion industries will hamper the market growth. Moreover, the apparel industry is an example of a buyer-driven value chain. The production is highly dependent on foreign investments and trade activities. Local import restraints and market access barriers are a few other challenges faced by the companies. Political opportunism and fragmented vision also significantly affect the countries’ laws and regulations, implicating unfavorable effect on the global market.
The COVID-19 restrictions and lockdown imposed by the governments to curb the spread of the disease affected the market. Restricted or reduced sales, plummeted trade, and curtailed manufacturing activities during the lockdown resulted in declined demand and sales in the global market. However, it is anticipated to witness rising demand and healthy growth in the coming years on account of resumed trade and manufacturing activities.
The offline segment dominated the global market with a revenue share of more than 79% in 2020. Offline distribution channel includes superstores, specialty stores, departmental stores, wholesalers, etc. The offline distribution channel is the primary choice of the consumers, especially among older demographics, for the purchase of suits and ensembles as it enables physical verification of the product and its quality.
The online segment is anticipated to register the fastest CAGR of 3.5% from 2021 to 2028 due to the rapid expansion of the online retail sector and the emergence of new online retailers and company-owned websites. Moreover, the COVID-19 pandemic augmented product sales through online channels, which resulted in a decade of growth in a single year in the apparel industry as the global brand manufacturers chose to launch online shopping websites to make up for the loss that occurred in sales due to pandemic restrictions.
On the basis of end users, the global market has been bifurcated into girls and boys. The global market was dominated by the boys segment with a revenue share of more than 58% in 2020 and is estimated to expand further retaining the leading position throughout the forecast period. The rising participation in social gatherings, parties, etc. is driving the demand for boys’ formal clothes, especially suits and ensembles.
On the other hand, the girls end-user segment is expected to witness the fastest CAGR of 3.1% from 2021 to 2028. A shift in the girls’ clothing preference has created high demand in the suits and ensembles market. Moreover, manufacturers are innovating and launching creative products in the suits and ensembles for girls segment, which, in turn, propels the market growth.
The polyester fiber segment accounted for the highest revenue share of more than 42% in 2020. Polyester is a synthetic fiber, derived from the petroleum industry. It is a polymer containing ester as a functional group and is durable, water-resistant, wear and tear tolerant, and versatile, making it a popular fabric in the apparel industry. However, it is among the major environmental pollutants.
Market forecast depicts that the cellulosic fiber segment is expected to witness the fastest CAGR of 3.8% over the forecast years, following the cotton segment. Cellulosic fiber is biodegradable and includes fiber made from plant and plant parts, such as wood pulp, leaves, etc. Examples of cellulosic fibers are linen, rayon, viscose, modal, etc. The rising demand for sustainability and green technology drive the demand for cellulosic fibers in the market.
Europe dominated the global market with a revenue share of more than 33% in 2020 due to the well-established industry and presence of key players. Factors, such as high consumer disposable income levels and per capita spending on clothing & apparel in the region will boost the market growth in the years to come.
Asia Pacific is expected to register the fastest CAGR of 3.7% from 2021 to 2028 in the global market. Population growth in India and China is the major factor driving the product demand. Furthermore, the increasing middle-class population, rising product awareness, increasing per capita income, western culture adoption, and a growing number of retail outlets are expected to augment the market growth.
Manufacturers are focusing on product innovation, development, and launch to drive brand sales by creating safe and comfortable apparel. Demand for sustainable and green technology-based products is rising globally. Manufacturers are actively focusing and investing in the use of poly-blended fabric, biodegradable cellulosic fabric, and optimization of the production process. Some of the major companies operating in the global children’s suits & ensembles market are:
Report Attribute |
Details |
Market size value in 2021 |
USD 4.03 billion |
Revenue forecast in 2028 |
USD 4.91 billion |
Growth rate |
CAGR of 2.9% from 2021 to 2028 |
Base year for estimation |
2020 |
Historical data |
2017 - 2019 |
Forecast period |
2021 - 2028 |
Quantitative units |
Revenue in USD million/billion and CAGR from 2021 to 2028 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Fiber, distribution channel, end user, and region |
Regional scope |
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
Country scope |
U.S.; Germany; U.K.; France; China; India; South Africa; Brazil |
Key companies profiled |
Zara SA; Marks & Spencer Plc.; Hugo Boss; Calvin Klein; NEXT; Giorgio Armani S.p.A.; Ralph Lauren Corp.; Moss Bros Group Plc.; Punto Fa, S.L. |
Customization scope |
Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For the purpose of this study, Million Insights has segmented the global children’s suits & ensembles market report on the basis of fiber, distribution channel, end user, and region:
Sign up today.
Call us at +1-408-610-2300 to speak with a
representative.