The Latin America, Middle East and Africa Baby Apparel Market would witness market growth of 12.3% CAGR during the forecast period (2020-2026). The Middle East & Africa is anticipated to show significant growth over the forecast period. Urbanization and improvement in economic indicators leading to increased disposable income and also increase in the birth rate in African countries including Ethiopia, Nigeria, and Kenya are anticipated to open new possibilities for baby apparel over the next few years.
With the increasing concern of the parents about the adverse effects on the baby’s health owing to the harmful chemicals used in clothes. As these clothes may cause skin irritation and various other types of health and hygienic problems such as rashes. Therefore, the parents are ready to spend more on those underwear variants that give protection against bacteria and virus.
Factors that are leading to the growth of the baby apparel market include increasing access to the internet by the parents resulting in quicker and easier updates of the latest fashion from the social media websites like Facebook, Pinterest, Instagram, and other media platforms. In addition to all these, incessant promotions of the e-commerce websites like Amazon, Flipkart, and Alibaba, along with discounts offered by them, are encouraging the adoption of online shopping across the globe. Furthermore, this distribution channel also offers a platform for new participants to the industry in order to promote and sell their products across the world irrespective of their geographic boundaries.
Based on Product, the market is segmented into Outerwear and Underwear. Based on Distribution Channel, the market is segmented into Online and Offline. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Baby Apparel Market in LAMEA is expected to register a CAGR of 12.3% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nike, Inc., Hennes & Mauritz AB (H&M) (Alshaya Group), Hanesbrands, Inc., Ralph Lauren Corporation, Carter’s, Inc., The Children’s Place, Inc., Industria de Diseno Textil, S.A. (Inditex S.A.), Truworths Ltd., Cotton On Group Services Pty. Ltd., and Burberry Group PLC.
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