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TwitterUSD 319.61 Million in 2024; projected USD 504.79 Million by 2033; CAGR 5.19%.
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The size of the Singapore Baby Apparel Market was valued at USD 50.4 million in 2023 and is projected to reach USD 61.57 million by 2032, with an expected CAGR of 2.9 % during the forecast period. Recent developments include: In August 2021, In Singapore, two mothers launched ReLoved Collective, an online platform for buying and selling high-quality preloved kids' clothes, toys, and books. The initiative encourages sustainability by reducing waste, and offering items like preloved designer clothes at affordable prices. The platform also aims to help families find value in secondhand goods without compromising on quality. .
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After four years of growth, the Singaporean baby clothes market decreased by -0.8% to $10M in 2024. Over the period under review, consumption showed a perceptible decrease. As a result, consumption reached the peak level of $25M. From 2015 to 2024, the growth of the market remained at a lower figure.
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In 2023, the amount of babies clothing and accessories (not knitted or crocheted) imported into Singapore amounted to 264 tons, surging by 15% compared with the year before.
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Imports of babies clothing and accessories (not knitted or crocheted) in Singapore amounted to X units in 2017, descending by -X% against the previous year. In general, imports of babies clothing and accessories (not knitted or crocheted) continue to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2015, when the imports increased by X% year-to-year.
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In 2024, the Singaporean baby garment market increased by 1.6% to $92M, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +2.9% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2024 and is likely to continue growth in years to come.
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TwitterUSD 319.61 Million in 2024; projected USD 504.79 Million by 2033; CAGR 5.19%.