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Indian kids wear market to rise at a CAGR of 5.89 percent in 2026


india-kidAccording to a survey, the Indian kids wear market was estimated at $16.62 billion in 2020 and is expected to rise at a CAGR of 5.89 percent over 2026, reaching $22.53 billion by 2026. The increasing availability of income and the changing habits are driving demand for children. Growing numbers of nuclear families are pushing growth and in the coming years, there will be an increasing number of double-income homes. Sex, segment, season, industry, distribution channel, and rivalry are all used to categorize the market. The sector is divided into multi-brand retail shops, online, limited shops, supermarkets among hypermarkets, and others based on the distribution channel. In FY2020, multi-brand retail outlets account for 1/3 of the market, and this development is expected to persist until 2026.