Free Data Graphic 2 minutesFree ReportCoresight Bites: US Children’s Apparel and Footwear Sales Impacted by a Declining Birth Rate Coresight Research March 17, 2022 Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here. We estimate that the US children’s and infants’ apparel and footwear market will grow 0.4% in 2022, marginally slower than our 0.5% growth expectations for the total apparel and footwear market. Growth in the market is driven by high apparel renewal among growing children and inflation but offset by the declining US birth rate, which is a major drag on total childrenswear sales. Brands and retailers must seek to shore up sales through compelling product innovation and brand collaboration, which can help them build market share and drive up average selling prices. Click the image to read more about the topic. This document was generated for Other research you may be interested in: Market Navigator: US CPG—Significant Growth Opportunities Amid a Dynamic LandscapeThree Data Points We’re Watching This WeekThe State of AI: Revisiting 2023 and Looking Ahead to 2024US Holiday Survey and Outlook 2023: E-Commerce To Drive Growth