Singapore Baby Apparel Market (2024-2030) | Companies, Outlook, Analysis, Revenue, Industry, Value, Size, Trends, Share, Growth & Forecast

Market Forecast By Product (Outerwear, Underwear), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC015827 Publication Date: Jul 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Baby Apparel Market Competition 2023

Singapore Baby Apparel market currently, in 2023, has witnessed an HHI of 1432, Which has decreased slightly as compared to the HHI of 1724 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 Singapore Baby Apparel Market Competition 2023

Singapore Baby Apparel Market Synopsis

The Singapore baby apparel market is forecast to register a CAGR of 6.5% during the forecast period (2020-2026). The major factors driving the growth of the market include increasing birth rate, rising disposable incomes, changing lifestyle, and growing demand for fashionable clothing among babies. Moreover, factors such as technological advancements and product innovations are further expected to contribute toward the growth of this industry in this region.

Market Drivers

Increasing Birth Rate: According to 6Wresearch report by Singapore Department of Statistics in 2019, there were 142 thousand live births registered in 2018 compared to 2017 when 137 thousand live births were recorded. This increasing trend has resulted in increased demand for baby apparel products including gowns, bodysuits & tops, rompers & jumpsuits, bottoms & trousers ETC, which is anticipated to drive Singapore baby apparel market over the forecast period.Rising Disposable Incomes: Increase in per capita income coupled with rise in middle class population is likely to boost baby clothing sales significantly over the coming years as parents have more money available now for purchasing quality infant garments due to higher levels of disposable incomes available after meeting essential expenditure needs resulting into increased spending on nonessential items such as trendy apparels specifically designed for infants.

Market challenges

High Cost Of Baby Clothes In Singapore ??? Due To The Luxury Tax On Imported Apparel And Other Factors Such As Labor Costs For Manufacturing Within The Country Itself Resulting In A Higher Price Tag For Baby Clothing Compared To Other Countries In Asia Pacific Region Which Is Likely To Put Off Some Potential Buyers From Making Purchases Here Which Will Be A Negative Factor Over Forecast Period Especially Among Low Income Households Or Those With Limited Budgets Who May Look Elsewhere For Cheaper Alternatives When It Comes To Buying Baby Wear For Their Little Ones.

Key players

Major players operating in Singhapore baby apparel market include Gap Inc., Carter???s Inc., H&M Group, Mothercare plc, Gymboree LLC, Next plc ETC

Covid-19 Impact

Due to COVID 19 pandemic lockdowns around world coupled with lack economic activity many parents may opt not purchase expensive clothes for their infants out fear future financial uncertainty these sentiments likely hinder overall revenue growth during short term however longer outlook remains largely optimistic given potential rebound consumer spending once situation normalizes again.

Key Highlights of the Report:

  • Singapore Baby Apparel Market Outlook
  • Market Size of Singapore Baby Apparel Market, 2023
  • Forecast of Singapore Baby Apparel Market, 2030
  • Historical Data and Forecast of Singapore Baby Apparel Revenues & Volume for the Period 2020-2030
  • Singapore Baby Apparel Market Trend Evolution
  • Singapore Baby Apparel Market Drivers and Challenges
  • Singapore Baby Apparel Price Trends
  • Singapore Baby Apparel Porter's Five Forces
  • Singapore Baby Apparel Industry Life Cycle
  • Historical Data and Forecast of Singapore Baby Apparel Market Revenues & Volume By Product for the Period 2020-2030
  • Historical Data and Forecast of Singapore Baby Apparel Market Revenues & Volume By Outerwear for the Period 2020-2030
  • Historical Data and Forecast of Singapore Baby Apparel Market Revenues & Volume By Underwear for the Period 2020-2030
  • Historical Data and Forecast of Singapore Baby Apparel Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of Singapore Baby Apparel Market Revenues & Volume By Online for the Period 2020-2030
  • Historical Data and Forecast of Singapore Baby Apparel Market Revenues & Volume By Offline for the Period 2020-2030
  • Singapore Baby Apparel Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Distribution Channel
  • Singapore Baby Apparel Top Companies Market Share
  • Singapore Baby Apparel Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Baby Apparel Company Profiles
  • Singapore Baby Apparel Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Singapore Baby Apparel Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Baby Apparel Market Revenues & Volume, 2020 & 2030F

3.3 Singapore Baby Apparel Market - Industry Life Cycle

3.4 Singapore Baby Apparel Market - Porter's Five Forces

3.5 Singapore Baby Apparel Market Revenues & Volume Share, By Product, 2020 & 2030F

3.6 Singapore Baby Apparel Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

4 Singapore Baby Apparel Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Baby Apparel Market Trends

6 Singapore Baby Apparel Market, By Types

6.1 Singapore Baby Apparel Market, By Product

6.1.1 Overview and Analysis

6.1.2 Singapore Baby Apparel Market Revenues & Volume, By Product, 2020-2030F

6.1.3 Singapore Baby Apparel Market Revenues & Volume, By Outerwear, 2020-2030F

6.1.4 Singapore Baby Apparel Market Revenues & Volume, By Underwear, 2020-2030F

6.2 Singapore Baby Apparel Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Singapore Baby Apparel Market Revenues & Volume, By Online, 2020-2030F

6.2.3 Singapore Baby Apparel Market Revenues & Volume, By Offline, 2020-2030F

7 Singapore Baby Apparel Market Import-Export Trade Statistics

7.1 Singapore Baby Apparel Market Export to Major Countries

7.2 Singapore Baby Apparel Market Imports from Major Countries

8 Singapore Baby Apparel Market Key Performance Indicators

9 Singapore Baby Apparel Market - Opportunity Assessment

9.1 Singapore Baby Apparel Market Opportunity Assessment, By Product, 2020 & 2030F

9.2 Singapore Baby Apparel Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

10 Singapore Baby Apparel Market - Competitive Landscape

10.1 Singapore Baby Apparel Market Revenue Share, By Companies, 2023

10.2 Singapore Baby Apparel Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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