The global Maternity Apparel market was valued at USD 19 Billion in 2020 and is projected to reach USD 24.8 Billion by 2028, growing at a CAGR of 3% from 2021 to 2028.
Definition And Overview
The utilization of maternity wear was only for hiding baby bump without thinking about its fitting. These days, women are highly conscious about the fitting of the garments they wear. Fashion and design awareness are increasing among the modern mothers.
The report covers in-depth study on the global Maternity Apparel market, which comprises market trends such as drivers, restraints, and opportunities, regional trends, segmental analysis, and competitive landscape among others. This study comprises the market estimations and forecast in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities. The report includes a separate chapter covering detailed Maternity Apparel market overview that includes Porter’s Five Forces Analysis, PESTLE Analysis, Player Positioning Analysis, SWOT Analysis, and Value Chain Analysis among others.
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COVID-19 Impact Analysis
The wise spread COVID-19 outbreak has impacted several industries including Maternity Apparel. The governments across the globe compel to employ stringent restriction such as lockdown, international border seals, and implementing strict social distancing measures. This forces serval industries to opt for work from home which in turn disrupted the business processes. However, after mid 2021 the world is witnessing reopening of trading activities, business operations which is expected to stimulate the economic growth during upcoming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.
The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:
o Impact Assessment of COVID-19 Pandemic
o Pre & Post COVID-19 Market Size
o Qualitative analysis on the short term & long-term impact of COVID-19 on the market
o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.
The report explains various driving factors, restraints/challenges, and opportunities in detail. These assessments aid the industry stakeholders to analyze the Maternity Apparel market on the basis of different parameters, such as economies of scale, the share of various distribution channels, various factors affecting consumer behavior such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences.
The improvements in economic conditions and rising disposable incomes are encouraging consumers to increase their spend on fashion clothing and is anticipated to augment the growth of the market over the forecast period.
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The report delivers an acute breakdown of the market based on various segments such as Product, Distribution Channel, and region. The report will cover market estimations and forecast for each segment by region for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Outerwear, Innerwear, Nightwear. Outerwear held the largest share in 2020 and is projected to witness substantial growth during the forecast period.
Based on Distribution Channel, the market is divided into Store-based, Online. Online attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Read More: https://www.viv.net/articles/news/maternity-apparel-market-an-increasing-number-of-female-professionals-who-continue-to-work-during-their-pregnancies-are-driving-
About the Authors:
Vantage Market Research is a firm dedicated to delivering high-quality data and market research. The firm offers quantitative, high-quality B2B research on over 20,000 emerging markets. The firm provides in-depth reports on a variety of industries, including chemical materials and energy, food and drinks, healthcare, technology, and so on. Every year, the organisation adds more than 1,100 market research papers to its huge database, which employs over 125 analysts and consultants. The company’s customer includes 70% of the Fortune 500 corporations in the world.
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