Kidswear is a miniature
version of adults wear. Kids today have all clothing options like that of
adults, and even much more. Glued to the latest fashion trends, children
of today have become brand conscious. Increasing media awareness, growing
amount of disposable income due to dual earnings, and growing brand
consciousness among children are fuelling the market for kidswear.
Earlier children's garments
were purchased from small stores, and street shops. Branded clothing was only
bought by high status people. This trend is going through a change wherein
market for branded clothing is gaining importance. Along with it, shopping methods
are also going through considerable changes. The onset of ecommerce in India
has created an explosion of online shopping stores. With kidswear as one of the
fastest growing segment of the apparel market, online retailing for kidswear is
also witnessing tremendous growth potential. Dynamics of children's wear
are changing with the manufacturers, and retailers expanding private brands.
Factors affecting the growth in purchase of kidswear
Some
distinct factors like changes in the family system, increased spending on
children, growing brand awareness among kids, and greater focus on the kidswear
market by organized companies are some of the aspects that have contributed
significantly to the growth of the kidswear market in India.
Another factor that has immensely
contributed to the growth is the increasing number of double-income families in
urban India. With rising purchasing power, parents in India do not hesitate to buy
luxury kidswear brands. Consequently, the
spending on children’s apparel, with better brand image and quality, has
received a significant boost. At the same time, Indian kids in both urban and
semi-urban parts of the country are increasingly exposed to various media and
are thus aware of brands which cater to them. They have also started
participating actively in purchase decisions related to their apparel.
Organized
retailers and brands too, on their part, have made equal contribution to the
growth of the kidswear market. Some have even invested time and money in
establishing brands, which target the requirements of children as well as
parents. By doing so, they have managed to attract consumers through the
right product assortment, better visual merchandising, and focused advertising
and promotional strategies.