The following research report contains market research, analysis, statistics and business intelligence relating to research on Overview of Childrens Market in the USA. ABSTRACT Market Status:
Supported by a growing population of young children and re-interpreted marketing strategies throughout the children's industry, the children's clothing category has estimated sales of $30.6 billion in2007. This figure represents an increase of 13% in current terms since 2002.
The market segment is expected to grow 12% in current terms by 2008. Unforeseen innovations in the market and technology could shift the forecast, causing sales to increase more than expected.
Girls' clothing sales for2007 are estimated to be $10.6 billion, up 23% in current terms since 2002. While girls' clothing is showing the greatest growth, infant and toddler clothing has slightly higher sales figures. Sales of infant and toddler clothing are estimated at nearly $11 billion for2007
(Mintel Reports: Children's Clothing July2007).
| U.S. Consumer Spending on Back-to-School items |
| Category | $ billions | % Share of total spending |
| | | |
| Clothing and accessories | 6.72 | 45.3 |
| Electronics and computer equipment | 3.09 | 20.8 |
| Shoes | 2.75 | 18.8 |
| School supplies | 2.24 | 15.1 |
| Total | 14.8 | 100 |
Source: Mintel/NRF/eMarketer July 2004
The NRF Survey, commissioned by BIGresearch on behalf of NRF, June and July 2004, among 8,453 respondents, shows that clothing and accessories far exceed any other single category of spending for back-to-school items. The average amount spent per family on back-to-school goods is estimated to rise to $440 per family, or a 7% increase over 2003.
| Population Growth and Opportunities |
| American population projections, by age, 2000-2010 |
| | 2000 | | 2005 | | 2010 | | Change 2000-2005 | Change2007-2010 |
| | 000s | % | 000s | % | 000s | % | % | % |
| | | % | 000s | % | 000s | % | % | % |
| 0-2 years | 11,486 | 22 | 12,347 | 23.6 | 12,961 | 24 | 7.5 | 5
| | 3-4 years | 7,732 | 14.8 | 8,148 | 15.6 | 8,465 | 15.7 | 5.4 | 3.9
| | 5-7 years | 12,066 | 23.1 | 11,632 | 22.3 | 12,472 | 23.1 | -3.6 | 7.2
| | 8-12 years | 20,945 | 40.1 | 20,090 | 38.5 | 20,026 | 37.1 | -4.1 | -0.3
| | Total | 52,228 | 100 | 52,218 | 100 | 53,924 | 100 | | 3.3 |
Source: Mintel Reports 2005
While the population growth of kids 0-12 years was negligible during the period of 2000-2005, as of2007, there are over 52 million children under the age of 12 who are in need of wardrobes in the United States. For each child, wardrobes include both basic everyday clothes, as well as clothing for special occasions. Furthermore, it should be noted that some groups of children increased in numbers during the 2000-2005 period, notably younger children - those 0 to 4 years.
What Kids Think:
Girls 6-11 are significantly more likely to say they keep up with the latest fashions (50% vs. 28%), and nearly one in five say they "look at magazines to know what's in fashion." Shopping is one very important way in which girls learn about what is in style. Just 12% of those 6 to 11 say that shopping for clothes is "boring," compared to 50% of boys.
Results from Mintel/Spring 2004 Simmons Kid's Survey shows interesting attitudes towards fashion, by gender and age. Boys and girls between 6- 8 years are keener to look cool, or look what is considered cool by their piers. However, as their age develops so too does their sense of style and individuality, 40% of boys and 39% of girls try to wear different clothes than their friends between the ages of 9-11, and even specified they look at magazines to know what's in fashion, A further fact that celebrities and models are influencing a continually younger market.
The report also shows attitudes toward fashion, by race and Hispanic origin, May 2003-April 2004. 89% of Black race are happy with the way they look opposed to 76% of white and 80% of Hispanic race. 54% of the black race asked where keen to keep up with the latest fashion trends, in relation to 33% white and 35% Hispanic.
And 16% of Black race opposed to 9% of white and 14% of Hispanic look at fashion magazines to know what's in fashion. The results again prove to be very interesting and definitely highlight the black race to be more confident with both their bodies and more aware and likely to follow the latest fashions.
Opportunities:
| Incidence of being overweight, 6-11 year olds, 1976-2000 |
| Year | % Overweight* |
| |
| 1976-1980 | 6.5 |
| 1988-1994 | 11.3 |
| 1999-2000 | 15.3 |
|