Forecast: Average Expenditure per Household on Children's Wear in Canada

In 2023, the average expenditure per household on children's wear in Canada was CAD 87.9. From 2024 to 2028, forecasts show a steady annual increase. Year-on-year growth rates are relatively modest with an increase of approximately 1% annually. Between 2024 and 2028, the compound annual growth rate (CAGR) is estimated to be around 1%. This indicates a stable upward trend in spending on children's wear over the medium term.

Future trends to watch for:

  • Potential impacts of inflation on household expenditure.
  • Shifts in consumer preferences towards sustainable and ethical children's clothing options.
  • Technological innovations in the retail sector, such as augmented reality fitting and personalization, which could influence consumer spending patterns.
  • Possible effects of demographic changes, particularly in the context of birth rates and the size of the younger population in Canada.

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