Children’s Jerseys, Sweatshirts And Pullovers Market

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Childrens Jerseys, Sweatshirts And Pullovers
Market Revenue Drivers, Growth Opportunities,
Value Chain Analysis and COVID-19 Impact
Insights, 2028
The global childrens jerseys, sweatshirts, and
pullovers market size was valued at USD
23.87 billion in 2020 and is expected to
expand at a compound annual growth rate
(CAGR) of 4.2 from 2021 to 2028.
The global Childrens Jerseys, Sweatshirts And
Pullovers Market research report provides
complete insights on industry scope, trends,
regional estimates, key application, competitive
landscape and financial performance of prominent
players. It also offers ready data-driven answers
to several industry-level questions. This study
enables numerous opportunities for the market
players to invest in research and
development. Market Overview The global
childrens jerseys, sweatshirts, and pullovers
market size is expected to reach USD 33.05
billion by 2028, according to a new report by
Million Insights. The market is expected to
expand at a CAGR of 4.2 from 2021 to 2028.
Advancements in synthetic fibers and supply chain
management are anticipated to boost the growth of
the global market. Increasing research activities
and the growing adoption of synthetic fibers will
support the industry growth. For instance, dry
CELL technology fabric keeps moisture away from
the skin. The rising popularity of character
prints such as Star Wars, Dalmatians, Haribo, and
other animals is likely to further boost the
product demand in the global market. Manufacturin
g apparel such as sweatshirts, jerseys, and
pullovers requires various processes,
including dyeing, printing, and washing. These
processes consume harsh chemicals and a large
amount of water that eventually cause
environmental pollution. The devastating
impact on the environment and rising
awareness regarding it are expected to restrain
further the market growth. The Covid-19 pandemic
impacted the market for childrens jerseys,
sweatshirts, and pullovers, dropping the total
sales of the product. Due to the Covid-19
restrictions, market activities across the supply
chain were affected, halting manufacturing,
trading, and sales. However, the growth of the
market is expected to recover with the resumed
trade and business activities and relaxed
restrictions.
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• Childrens Jerseys, Sweatshirts Pullovers
  Market Report Highlights
• Asia Pacific is expected to expand at the
  fastest CAGR of 4.9 from 2021 to 2028.
  This can be attributed to the increasing
  population and rising disposable income in Asian
  countries.
• The jerseys type segment is anticipated to expand
  at the fastest CAGR of 4.8 from 2021 to 2028.
  Manufacturers are launching various jerseys
  with different logos of the sports teams
  that are
• dedicated to fans wardrobes.
• The online distribution channel segment is
  anticipated to register the highest CAGR of 4.6
  from 2021 to 2028. The segment growth is
  attributed to the increasing demand from
  the younger generation due to convenience and
  ease.
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• The sweatshirts type segment held the largest
  revenue share of more than 35.0 in 2020.
  Sweatshirts are simple, comfortable, and made of
  fleece from the inside, which provides extra
  warmth and absorbs sweat. Sweatshirts have become
  a basic and essential wardrobe item. Rising
  consumer preference for comfort and convenience,
  along with the use of sweatshirts as a style and
  fashion statement, is contributing to the segment
  growth.
• The online distribution channel segment is
  anticipated to register the highest CAGR of 4.6
  from 2021 to 2028. The segment is chiefly
  driven by the increasing demand from the
  younger generation due to convenience and
  ease. Moreover, the emergence, expansion, and
  penetration of online retailers in new
  geographies and demographics are anticipated to
  propel the segment growth.
• Europe held the largest revenue share of over
  30.0 in 2020. The region has a strong presence
  of key players in the market. The regional
  market growth can also be attributed to
  the extensive and highly- developed
  distribution network. Further, consumers in
  the European countries have higher per
  capita disposable income and apparel spending,
  along with increased awareness regarding the
  trends.

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