Maternity Wear Market was valued nearly US$ 19.90 Bn in 2023. Maternity Wear Market size is estimated to grow at a CAGR of 4.3% & is expected to reach at US$ 26.72 Bn. by 2030.
Maternity Wear Market Overview:
The Maternity Wear Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Maternity Wear Market, as well as the causes for variances in the industry’s growth in various places
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Maternity Wear Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Maternity Wear Market Drivers:
In terms of value, North America accounted for 28.6% of the market share in the year 2023 & is expected to rise significantly over the forecast period. The rise can be ascribed to rising celebrity impact on social media platforms like Instagram & Facebook, as well as the emergence of major brands like Seraphine & Thyme Maternity that cater especially to the needs of pregnant women in the region. As a result, an increase in demand for plus sizes in formal wear under the outerwear segment is a primary driver of market growth. Due to the growing popularity of fashionable maternity apparels as a result of Kate Middleton's pregnancy, maternity sales are forecast to increase, particularly in European countries such as the United Kingdom and France. Moreover, many celebrities and bloggers, like Kayla Itsines, are documenting their pregnancies through workout videos & social media posts in order to promote a specific maternity wear brand.
APAC is expected to increase significantly throughout the projection period, owing to rising expenditure by new mothers-to-be on their first pregnancy picture shoots, as well as rising purchasing power among women in the region. According to a World Bank analysis published in 2023, the number of births per woman in developing nations such as India, China, & Argentina is higher than in other countries. Over the next few years, this is expected to increase demand for maternity wear in these countries. The rising popularity of designer clothes in Middle Eastern nations like as Dubai & Saudi Arabia, as a result of greater disposable money, is expected to boost demand for maternity wear in this region throughout the forecast period. For example, Noon & Destination Maternity are two well-known companies in the UAE that offer an exclusive maternity apparel selection tailored to the preferences of UAE women.
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Maternity Wear Market Segmentation:
by Product
Outerwear
Innerwear
Nightwear
by Distribution Channel
Online sales
Offline
Maternity Wear Market Key Players: The key players are
Seraphine
Firstcry
H&M
Asos
Mamacouture
House of Napius
GAP
Hotmilk Lingerie
Pinkblush Maternity
Belabumbum
Others
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Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Maternity Wear Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Maternity Wear Market Report are:
1. Which region has the largest share in Global Maternity Wear Market?
Ans: North America region held the highest share in 2023.
2. What is the growth rate of Global Maternity Wear Market?
Ans: The Global Maternity Wear Market is growing at a CAGR of 4.3% during forecasting period 2024-2030.
3. What is scope of the Global Maternity Wear Market report?
Ans: Global Maternity Wear Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Maternity Wear Market?
Ans: The important key players in the Global Maternity Wear Market are – Seraphine, Firstcry, H&M, Asos, Mamacouture, House of Napius, GAP, Hotmilk Lingerie, Pinkblush Maternity, Belabumbum, and Others
5. What is the study period of this Market?
Ans: The Global Maternity Wear Market is studied from 2023 to 2030.
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