Albany, NY -- (SBWIRE) -- 12/16/2015 -- The global childrens wear market to grow at a CAGR of more than 6% by 2020. Factors such as the rise in high-income and working women population and the growing purchasing power of the populace in developing countries will bolster the sale of childrens apparels during the forecast period. This increase in the sale of childrens apparels will lead to the growth of this market during the forecast period.

The augmented availability of a wide array of products and brands and growth in affluent population are driving the prospects for growth in this market during the forecast period. Furthermore, the rapid growth of the organized retail sector in emerging countries has also added to the penetration of a broad range of childrens products and brands. This increase in the retail of childrens apparels will boost the market for childrens wear during the forecast period.

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Product-based segmentation of the childrens wear market
Apparel
Footwear

In this market analysis, analysts have estimated the apparel segment to be the largest market segment during the forecast period. Factors such as the growing preference for online shopping, an increase in organized retail, and the rising demand for organic wear will result in this segments impressive market share of more than 77% during the forecast period.

Geographical segmentation of childrens wear market
Americas
APAC
EMEA

Technavio market research analysts have estimated the EMEA region to account for more than 36% of the total market share by 2020. Factors such as the growing demand for organic kids wear, increase in dual-income households, and emerging fashion trends will promote market growth in this region during the forecast period.

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Competitive landscape and key vendors
The global childrens wear market is characterized by the presence of both international and regional vendors. The leading players in this market focus on product and service extensions, innovations in technology, and M&A to increase their footprint in this market during the forecast period.

The key vendors in this market are

Benetton
Carters
Disney
Gap
The Childrens Place
Other prominent vendors in the market include American Apparel, Balabala, Cotton On, Diesel, Dolce&Gabana, DKNY, Giordano International, Kering, Levi Strauss, Mothercare, Ralph Lauren, Tinycottons, VF, and Wovenplay.

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