Baby Garment Market

The global baby garment market is projected to see continued growth from 2022 to 2030, with both consumption and production levels increasing. Key importing countries include Turkey, China, and the United States, while major exporters are China, Bangladesh, and India. The average price per unit varies among countries, with Poland having the highest export price. Overall, the market is expected to expand in the coming years.

Market Forecast

Driven by increasing demand for babies’ garments and clothing accessories (knitted or crocheted) worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market volume to 13B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.9% for the period from 2022 to 2030, which is projected to bring the market value to $41.1B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Babies’ Garments And Clothing Accessories (Knitted Or Crocheted)

Global baby garment consumption reduced to 9.6B units in 2022, flattening at the previous year's figure. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +14.1% against 2020 indices. Over the period under review, global consumption reached the peak volume at 11B units in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

The global baby garment market revenue stood at $28.1B in 2022, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the global market attained the peak level at $32.1B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Turkey (1.3B units), China (1.2B units) and the United States (1B units), together accounting for 37% of global consumption.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Turkey (with a CAGR of +18.6%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($3B), the United States ($2.3B) and Japan ($2.3B) constituted the countries with the highest levels of market value in 2022, with a combined 27% share of the global market. Turkey, Pakistan, Nigeria, Germany, India, Brazil, Italy, the UK, Indonesia and France lagged somewhat behind, together accounting for a further 33%.

In terms of the main consuming countries, Nigeria, with a CAGR of +18.2%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of baby garment per capita consumption was registered in Turkey (15 units per person), followed by the United States (3.1 units per person), Germany (3 units per person) and Italy (3 units per person), while the world average per capita consumption of baby garment was estimated at less than 0.1 units per person.

From 2012 to 2022, the average annual rate of growth in terms of the baby garment per capita consumption in Turkey amounted to +17.0%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the United States (+4.4% per year) and Germany (+9.3% per year).

Production

World Production of Babies’ Garments And Clothing Accessories (Knitted Or Crocheted)

Global baby garment production reduced to 9.5B units in 2022, shrinking by -7.1% against 2021 figures. Overall, the total production indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Global production peaked at 12B units in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In value terms, baby garment production contracted modestly to $25.9B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 13%. Global production peaked at $30.7B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (2B units), Turkey (1.5B units) and India (827M units), with a combined 45% share of global production. Bangladesh, Pakistan, Indonesia, Cambodia, Brazil, Uzbekistan, Nigeria and Germany lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Uzbekistan (with a CAGR of +27.4%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Babies’ Garments And Clothing Accessories (Knitted Or Crocheted)

For the third year in a row, the global market recorded growth in purchases abroad of babies’ garments and clothing accessories (knitted or crocheted), which increased by 21% to 3.5B units in 2022. The total import volume increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, baby garment imports expanded markedly to $8.9B in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 23%. Global imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports By Country

The United States represented the major importer of babies’ garments and clothing accessories (knitted or crocheted) in the world, with the volume of imports finishing at 1.1B units, which was near 30% of total imports in 2022. It was distantly followed by Nigeria (370M units), France (207M units), the UK (202M units), Germany (170M units) and Spain (167M units), together making up a 32% share of total imports. Poland (121M units), the Netherlands (97M units), Italy (95M units), the United Arab Emirates (79M units) and Australia (55M units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +4.9% from 2012 to 2022. At the same time, Nigeria (+101.7%), Poland (+19.6%), the Netherlands (+7.3%), Spain (+4.5%), Germany (+4.4%), France (+3.7%) and Italy (+1.6%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +101.7% from 2012-2022. The UK experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-2.2%) and Australia (-4.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria and Poland increased by +11 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($2.2B) constitutes the largest market for imported babies’ garments and clothing accessories (knitted or crocheted) worldwide, comprising 25% of global imports. The second position in the ranking was held by Germany ($650M), with a 7.3% share of global imports. It was followed by France, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +1.8%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.4% per year) and France (+2.5% per year).

Import Prices By Country

In 2022, the average baby garment import price amounted to $2.5 per unit, shrinking by -10.5% against the previous year. Over the period under review, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 5.3% against the previous year. As a result, import price reached the peak level of $3.1 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($3.8 per unit), while Nigeria ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Babies’ Garments And Clothing Accessories (Knitted Or Crocheted)

In 2022, overseas shipments of babies’ garments and clothing accessories (knitted or crocheted) increased by 0.5% to 3.4B units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, baby garment exports expanded slightly to $9.8B in 2022. The total export value increased at an average annual rate of +5.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports By Country

China (789M units) and Bangladesh (725M units) represented roughly 44% of total exports in 2022. India (371M units) took the next position in the ranking, followed by Cambodia (168M units), Spain (166M units) and Turkey (161M units). All these countries together took approx. 25% share of total exports. The following exporters - the Netherlands (124M units), Vietnam (113M units), Sri Lanka (96M units), Poland (71M units), Germany (64M units), France (60M units) and the United Arab Emirates (55M units) - together made up 17% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +24.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($2.2B), Bangladesh ($1.9B) and India ($1.1B) appeared to be the countries with the highest levels of exports in 2022, together accounting for 53% of global exports. Spain, Vietnam, Cambodia, Poland, Turkey, Sri Lanka, Germany, the Netherlands, France and the United Arab Emirates lagged somewhat behind, together comprising a further 31%.

The United Arab Emirates, with a CAGR of +34.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average baby garment export price amounted to $2.9 per unit, with an increase of 3.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2016 an increase of 10% against the previous year. As a result, the export price attained the peak level of $3 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($4.3 per unit), while Turkey ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform