According to the report published by Allied Market Research, the global baby romper market was estimated at $24.38 billion in 2020 and is expected to hit $37.64 billion by 2030, registering a CAGR of 4.4% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Developing economies across the world and rise in disposable income of individuals that lead to premiumization drive the growth of the global baby romper market. On the other hand, possibilities of counterfeit of branded products restrain the growth to some extent. However, emergence of organic baby clothing and online sales channels are expected to create lucrative opportunities in the future.
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Key Take Away
- Half Body segment would exhibit the highest CAGR of 4.8% during 2021-2030.
- Linen segment would exhibit the highest CAGR of 5.2% during 2021-2030.
- Premium segment would exhibit the highest CAGR of 5.1% during 2021-2030.
- Online channels segment would exhibit the highest CAGR of 6.1% during 2021-2030.
- Asia-Pacific region would exhibit the highest CAGR of 5.2% during 2021-2030.
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Based on material, the cotton segment contributed to more than two-thirds of the total market revenue in 2020, and is anticipated to rule the roost by 2030. Simultaneously, the linen segment would register the fastest CAGR of 5.2% during the forecast period.
Based on region, the market across Asia-Pacific held the major share in 2020, garnering nearly three-fifths of the global market. The region would also cite the fastest CAGR of 5.2% from 2021 to 2030. The other provinces studied in the report include North America, Europe, and LAMEA.
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The key market players analyzed in the global baby romper market report include Clearco Products Co., Inc, Fuchs Group, Freudenberg Group, SKF Group HollyFrontier Corporation, Hydrotex Lube, Interflon, Lubriplate Lubricants Company, Metalube, and Brit-Lube. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
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