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In 2019, Sales Of Children's Clothing In China Will Reach 175 Billion Yuan, And Enterprises Will Accelerate Their Industrial Layout.

2019/7/22 17:35:00 6

Children's WearSalesEnterpriseIndustryLayout

China intelligence network news: as China's national living standards continue to rise, as well as the importance of social and family to the next generation, the proportion of children's consumption expenditure in household consumption expenditure is increasing year by year. China's children's wear market is stepping into the stage of rapid development. According to the data, the scale of children's clothing market in China reached 145 billion 500 million yuan in 2016, and the market scale is expected to exceed 175 billion 200 million yuan by 2019. The continuous increase of children's wear market scale and rapid market growth speed bring good historical opportunities for the development of children's wear enterprises.

The children's clothing industry is a large industry group that covers all 0-14 years old (sometimes extending to 0-16 years old). According to the difference between age and height, children's clothing products can be further divided into 0-3 years old "infant clothing" and "4-14 year old" children's clothing. According to the product type, they can also be divided into two categories: uniforms, coats, trousers, T-Shirts, shoes and so on.

According to the Research Report on the market prospects and investment opportunities of China's children's wear industry released in 2019-2024 years, China's business and Industry Research Institute shows that since 2016, China has completely liberalized the second child, and the number of births has increased. According to statistics, the total number of births was 17 million 230 thousand in 2017, of which 247 million 190 thousand were 0-15 years old, accounting for 17.8%. According to the latest population data of the National Bureau of statistics, 15 million 230 thousand new born people were born in China in 2018.

Source: database of China Commercial Industry Research Institute

The increasing number of children is the foundation for the vigorous development of children's clothing market. In addition, with the improvement of China's economic level and the improvement of people's quality of life, the market size of Chinese children's clothing will continue to expand in the future, and the sales volume of children's clothing market in China is expected to reach 175 billion 200 million yuan in 2019.

Source: database of China Commercial Industry Research Institute

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