Madhulika Tiwari, Partner, Retail & Consumer Goods Parmesh Chopra, Head Content Writer, Technopak Advisors
India's kidswear market is undergoing a significant transformation, fuelled by a combination of demographic trends, rising disposable incomes, and shifting consumer preferences. With over 30% of India's population under the age of 14, the demand for children's clothing is surging, positioning kidswear as one of the most rapidly growing segments within the broader apparel industry.
According to Technopak analysis, in FY2023, the Indian kidswear market was valued at ₹41,769 crore, approximately 11% of the total apparel market. This sector has demonstrated consistent growth, with a notable 11% year-on-year increase in FY2019. Although the market experienced a setback in FY2021 due to the pandemic, which saw a decline of over 27%, it rebounded swiftly in FY2022, with a remarkable growth rate of 41.4%. By FY2023, the market had shown further positive momentum, growing by 28.9%, signalling a rapid recovery and continued expansion.
A range of factors are driving this growth, including a shift towards premium and branded kidswear, the rise of online shopping, and increased fashion consciousness among parents. E-commerce platforms have emerged as key distribution channels, catering to the needs of tech-savvy millennial and Gen Z parents who seek convenience and variety. Additionally, the growing popularity of specialised categories like ethnicwear, winterwear, and gender-specific clothing has contributed to the sector's expansion, particularly in urban and semi-urban markets.
Market Analysis (Boys & Girls Combined) The Indian kidswear market has demonstrated impressive growth over the past few years and is projected to continue its upward trajectory in the coming decade.
This story is from the December 2024 edition of Business Of Fashion.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 2024 edition of Business Of Fashion.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MYNTRA'S WINTERWEAR Strategy Redefines Customer Engagement
Winter collections on the platform resonate with customer preferences, celebrating India’s diverse climates, festivals, and vibrant cultures offering diverse products from light layers to heavy jackets for colder areas...
ZOIYA: A Revolutionary Leap Towards Sustainable Fashion
As India stands on the brink of a transformative wave in the fashion industry, a new brand emerges to lead the charge towards sustainability. Zoiya, an avant-garde label is not just reimagining the way we dress, but how we engage with the environment...
KALATMAK SPATIAL SYSTEMS: Redefining Spaces with Design at Its Core
Rajesh Sharma was instrumental in re-imagining a general interior contracting company into a customised furniture manufacturing firm...
PURPLE UNITED KIDS: Redefining Premium Kidswear in India
Purple United Kids is set to scale new heights with its ambitious plans to open 100 new stores in the next two years...
SMALL SIZES, BIG BUSINESS: Trends, Growth & Opportunities in the Indian Kidswear Segment
From playful prints to sustainable fabrics, the kidswear market in India has evolved into a dynamic and thriving segment.
ENHANCING FASHION RETAIL WITH AUTHENTIC SOCIAL CONTENT:A Consumer-Driven Approach
Brands today are tapping into the power of user and creatorgenerated content, giving a voice to their consumers and creators. This authentic form of content has proven to resonate more with audiences compared to traditional advertising...
Small Threads, Big Style: Exploring the Kidswear Market In India
With a retail value projected to rise by over 16% during the forecast period, the kidswear market in India is set to become a critical component of the broader retail landscape...
The Growing Kidswear Market in India: Trends, Insights, & Projections
The growing popularity of specialised categories like ethnicwear, winterwear, and gender-specific clothing has contributed to the sector's expansion, particularly in urban and semi-urban markets...
Designer Ravi Bajaj launches new wedding wear label, AURUM
Ravi Bajaj debuted his latest label, AURUM, Ravi at a fashion show at DLF Emporio,\" Vasant Kunj. In partnership with T&T Motors, the collection focuses on redefining wedding wear by blending traditional elegance with contemporary design elements.
Nykaa appoints former Cars24 Executive as EVP & Business Head for Fashion eCommerce
Nykaa appointed a former Cars24 executive, Abhijeet Dabas as Executive Vice President and Business Head of its Fashion eCommerce division.