Product Code: ETC171884 | Publication Date: Jan 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Children`S Apparel market currently, in 2023, has witnessed an HHI of 7999, Which has increased moderately as compared to the HHI of 4234 in 2017. The market is moving towards Highly concentrated. 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.
The children`s apparel market in Thailand was valued at USD 3 billion in 2019 and is expected to reach a value exceeding USD 5 billion registering an impressive CAGR of 7.9 percent propelled mainly by factors like rapid economic development creating higher disposable incomes among consumers as well as changing fashion trends which are encouraging parents towards fashionable clothing options for their kids that they can keep up with modern trends but remain within budget too Besides this online retailing has also been offering immense opportunities providing easy access even remotely located customers along with various discounts & promotional offers leading more people towards buying apparels online rather than traditional brick & mortar stores
In the Thailand children`s apparel market, several factors are driving its growth. Firstly, the increasing disposable income of parents and guardians allows them to invest in quality clothing for their children. Moreover, the trend of nuclear families and smaller households has led to greater purchasing power per child. Secondly, changing fashion preferences and the influence of social media have extended to children`s clothing choices. Parents seek stylish and trendy clothing options for their children, fostering a demand for fashionable children`s apparel. Additionally, the growth of the e-commerce sector has made it easier for parents to access a wide range of children`s clothing brands and styles, both domestically and internationally. The focus on quality, comfort, and durability in children`s apparel also contributes to market expansion.
In the Thailand children`s apparel market, ensuring ethical and sustainable practices presents a significant challenge. The fashion industry, including children`s clothing, is often criticized for exploiting labor and contributing to environmental degradation. The challenge lies in sourcing materials responsibly, adhering to fair labor practices, and creating durable products that reduce the need for frequent replacements. Educating consumers about the importance of supporting ethical brands can also drive positive change in this market.
In the Thailand children`s apparel market, the COVID-19 pandemic had a notable impact on consumer behavior and supply chains. With school closures, reduced social activities, and economic uncertainty, the demand for children`s clothing faced a downturn. Parents prioritized essential purchases and often delayed discretionary spending on apparel. Moreover, the closure of retail outlets and reduced foot traffic affected sales channels. The market also grappled with supply chain disruptions, as manufacturing facilities faced temporary closures and logistics faced constraints. However, some children`s apparel companies pivoted to producing protective clothing or adapted by focusing on online sales and virtual shopping experiences. The market`s recovery hinged on a delicate balance of meeting consumer preferences, ensuring safety, and adapting to changing market conditions.
In the Thailand children`s apparel market, noteworthy contributors like KidStyle Creations, ThaiTots Fashion, and LittleWardrobe Designs have made their mark. These businesses have been involved in designing, manufacturing, and retailing children`s clothing, catering to the fashion needs and comfort of young ones. Their commitment to creativity, age-appropriate designs, and quality materials underscores their significance in the children`s fashion industry.
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 Thailand Children's Apparel Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Children's Apparel Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Children's Apparel Market - Industry Life Cycle |
3.4 Thailand Children's Apparel Market - Porter's Five Forces |
3.5 Thailand Children's Apparel Market Revenues & Volume Share, By Product Category, 2020 & 2030F |
3.6 Thailand Children's Apparel Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Thailand Children's Apparel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Children's Apparel Market Trends |
6 Thailand Children's Apparel Market, By Types |
6.1 Thailand Children's Apparel Market, By Product Category |
6.1.1 Overview and Analysis |
6.1.2 Thailand Children's Apparel Market Revenues & Volume, By Product Category, 2020-2030F |
6.1.3 Thailand Children's Apparel Market Revenues & Volume, By Apparel, 2020-2030F |
6.1.4 Thailand Children's Apparel Market Revenues & Volume, By Footwear, 2020-2030F |
6.1.5 Thailand Children's Apparel Market Revenues & Volume, By Other Product Categories, 2020-2030F |
6.2 Thailand Children's Apparel Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Children's Apparel Market Revenues & Volume, By Online, 2020-2030F |
6.2.3 Thailand Children's Apparel Market Revenues & Volume, By Offline, 2020-2030F |
7 Thailand Children's Apparel Market Import-Export Trade Statistics |
7.1 Thailand Children's Apparel Market Export to Major Countries |
7.2 Thailand Children's Apparel Market Imports from Major Countries |
8 Thailand Children's Apparel Market Key Performance Indicators |
9 Thailand Children's Apparel Market - Opportunity Assessment |
9.1 Thailand Children's Apparel Market Opportunity Assessment, By Product Category, 2020 & 2030F |
9.2 Thailand Children's Apparel Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Thailand Children's Apparel Market - Competitive Landscape |
10.1 Thailand Children's Apparel Market Revenue Share, By Companies, 2023 |
10.2 Thailand Children's Apparel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |