Key Market Indicators
Sales in the baby garments sector are projected to reach approximately $1.69 billion by 2028, down from about $1.80 billion in 2023. This marks an average annual decline of 1%. The demand for baby garments has similarly decreased by 0.9% year over year. Notably, China, the United Kingdom, and France ranked second, third, and fourth, respectively, in this market. In a parallel trend, the baby carriages market is also experiencing a downturn. Sales are expected to drop to roughly $453 million by 2028 from around $513 million in 2023, representing an average annual decline of 2%. The market has already seen a year-on-year decrease of 3.1%. In this segment, the United States, Germany, and the United Kingdom hold the second, third, and fourth positions, respectively.