Key Market Indicators
Sales of baby garments are projected to decline to approximately $155 million by 2028, down from around $161 million in 2023. This marks a 0.6% year-on-year decrease in the compound annual growth rate (CAGR). The demand for baby garments has seen a 0.3% year-on-year reduction. In the global ranking, China, the United Kingdom, and France occupy the second, third, and fourth positions, respectively. Conversely, the baby carriages market is expected to grow. Sales are anticipated to reach roughly $134 million by 2028, up from about $124 million in 2023. This represents a 1.2% annual growth rate on average. Despite this growth, the market experienced a slight 0.1% decline year-on-year. In the ranking for baby carriages, the United States, Germany, and the United Kingdom hold the second, third, and fourth spots, respectively.
