The Singapore kid apparel market is projected to exhibit a growth rate (CAGR) of 6.10% during 2024-2032. The market is driven by the growing population, changing fashion trends, rising awareness about child comfort, expansion of e-commerce platforms, and innovations in design and technology as per evolving individual preferences.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | 6.10% |
Expansion of E-Commerce Platforms
An article published in 2024 on the website of the International Trade Administration (ITA) shows that the Singaporean eCommerce market’s gross merchandise volume is expected to reach US$11 billion by 2025. E-commerce platforms provide a convenient and accessible channel for parents to purchase kid apparel from anywhere, anytime. This expanding reach allows kid apparel brands to tap into a larger customer base beyond their physical store locations, thereby driving the growth of the market. Additionally, online platforms offer a wide variety of kid apparel products from local and international brands, providing people with a diverse range of options. This diversity encourages exploration and experimentation with different styles and brands, ultimately stimulating the demand in the kid apparel market.
In line with this, the flexibility offered by online shopping is appropriate for parents who may not have the time to visit physical shops. The ability to browse and purchase kid apparel with just a few clicks enhances the overall shopping experience, leading to increased sales and market growth. Online stores and sellers use big data analysis and machine learning for the recommendation of products relevant to individual interests and browsing history. This targeted approach helps parents discover relevant kid apparel items, increasing the likelihood of purchase.
Growing Population
According to the National Population and Talent Division (NPTD) website, Singapore’s total population stood at 5.92 million as at June 2023, a 5.0 per cent increase from June 2022. A growing population means more children, which directly translates to a larger customer base for kid apparel. Children outgrow their clothes quickly, necessitating frequent purchases of new apparel. With a growing population, there is a continuous cycle of children aging into new sizes, thereby sustaining demand for kid apparel. Furthermore, a larger population often signifies greater diversity in preferences, lifestyles, and socioeconomic backgrounds. This diversity is leading to a broader range of demands for kid apparel, including varying styles, sizes, and price points, which in turn encourages market growth and product innovations to cater as per these diverse needs.
Besides this, with a larger customer base, there is an increasing competition among retailers and key players to attract people. This competition is also fostering shifts in product differentiation, promotion techniques, and placement, all of which contribute to creating a much more active and diverse market for kid apparel. The sustained growth of the total population ensures the long-term viability of the kid apparel market, providing a stable foundation for businesses operating in this sector to plan for future growth and investments.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on category, season, distribution channel, gender, sector and cloth material.
Category Insights:
The report has provided a detailed breakup and analysis of the market based on the category. This includes uniforms, t-shirts/shirts, bottom wear, ethnic wear, dresses, denims, and others.
Season Insights:
A detailed breakup and analysis of the market based on the season have also been provided in the report. This includes summer wear, winter wear, and all season wear.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, exclusive stores, multi-brand retail outlets, online, and others.
Gender Insights:
A detailed breakup and analysis of the market based on the gender have also been provided in the report. This includes girls and boys.
Sector Insights:
The report has provided a detailed breakup and analysis of the market based on the sector. This includes organized and unorganized.
Cloth Material Insights:
A detailed breakup and analysis of the market based on the cloth material have also been provided in the report. This includes nylon and rayon, wool, cotton mix/blended, polyester, cotton, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North-East, Central, West, East, and North.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Billion US$ |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Categories Covered | Uniforms, T-Shirts/Shirts, Bottom Wear, Ethnic Wear, Dresses, Denims, Others |
Seasons Covered | Summer Wear, Winter Wear, All Season Wear |
Distribution Channels Covered | Supermarkets and Hypermarkets, Exclusive Stores, Multi-Brand Retail Outlets, Online, Others |
Genders Covered | Girls, Boys |
Sectors Covered | Organized, Unorganized |
Cloth Materials Covered | Nylon and Rayon, Wool, Cotton Mix/Blended, Polyester, Cotton, Others |
Regions Covered | North-East, Central, West, East, North |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |