Key Market Indicators
Sales of baby garments are projected to decline to approximately $121 million by 2028, down from around $134 million in 2023. This represents an average annual decrease of 1.7%. The decline follows a trend of falling demand, which saw a year-on-year dip of 2.2%. Notably, China, the United Kingdom, and France hold the second, third, and fourth positions respectively in this market. In contrast, the market for baby carriages is expected to see modest growth. Sales are forecasted to rise to roughly $51 million by 2028, up from nearly $49.5 million in 2023, marking a compound annual growth rate (CAGR) of 0.4%. The market has experienced a year-on-year increase of 0.9%. The United States, Germany, and the United Kingdom rank as the second, third, and fourth largest markets in this sector, respectively.
