From 2013 to 2023, the Babies Garments and Clothing Accessories Knitted or Crocheted market in India displayed a rise from 832.34 million USD to 2394.2 million USD. The annual growth rate fluctuated significantly, peaking in some years and declining in others, with a downturn in 2018 and 2020. The Compound Annual Growth Rate (CAGR) over the last five years was 6.99%, indicating a positive trend overall despite occasional dips.
Future trends to watch for include:
- Increasing demand attributed to rising birth rates and income levels in India.
- Growing preference for sustainable and organic baby clothing.
- Expansion of e-commerce platforms offering children's apparel.
- Potential impact of global trade dynamics on pricing and supply chains.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,036,800,000 | 2023 | +1.64% | +0.24% | View data |
| 2 | 2 India | 2,394,200,000 | 2023 | +10.03% | +6.99% | |
| 3 | 3 United Kingdom | 2,053,600,000 | 2023 | -1.05% | -0.68% | View data |
| 4 | 4 France | 2,020,200,000 | 2023 | -0.27% | -0.62% | View data |
| 5 | 5 Germany | 1,759,500,000 | 2023 | +2.73% | +1.46% | View data |
