Pet clothing industry statistics is Anticipated tot
Pet clothing industry statistics is Anticipated to Grow
at a Rate of 5.0% CAGR from 2022 to 2032 | FMI
The market for pet
clothing Industry Statistics is predicted to grow at a CAGR of 5% over the next seven years, reaching a value of $7 Bn by 2032.
Market growth is predicted to be boosted by the global trend
toward pet humanization. The debut of posh pet apparel developed through
collaborations with well-known clothing companies like H&M and Ralph Lauren
is driving market sales.
Small pet clothing businesses, the prominence of pet fashion
influencers, and advancements in product design are all factors in the
industry's upward trajectory. For instance, the stylish Instagram dog Boobie
Billie just announced a high-end apparel line. A recent collaboration between
Dsquared2 and Poldo Canine Couture resulted in the development of a complete
line of dog clothing and accessories.
Due to the existence of non-profit organisations dedicated
to animal welfare, it is projected that demand for pet gear would rise. The
demand from animal shelters, animal protection organisations, and communities
concerned about stray animals will cause the market to expand.
Key Takeaways:
- Based
on product type, sales of shirts & tops will increase at a
considerable pace over the forecast period. - In
terms of pet types, the dog segment is anticipated to remain most
lucrative through 2032. - By
sales channel, demand for pet apparel across online retail channels will
continue rising. - The
U.S. Will dominate the North America pet clothing industry statistics over
the forecast period, with sales growing at a 4% CAGR through 2032. - Demand
in the India pet clothing industry statistics is expected to increase at a
5% CAGR over the assessment period.
Competition Landscape
Leading manufacturers of pet apparels are focusing on
aggressive promotional strategies, advertisements, and new product launches to
improve sales in the market.
Key players operating in the global pet apparels market
include Pet Factory Company, ABO Gear, Body Glove Pet, Good2Go, Hip Doggie,
Moshiqa, Petstock, Hunter International GmbH, Insect Shield, MILK&PEPPER,
and Bedhead Pajamas Inc.
Global Pet clothing industry statistics by Category
By Product Type:
- Coats
- Jackets
- Shirts
& Tops - Sweaters
& Hoodies - Others
By Material Type:
- Cotton
- Polyester
- Lenin
- Others
By Pet Type:
- Dogs
- Cats
- Others
By Sales Channel:
- Supermarket/Hypermarkets
- Wholesalers/Distributors
- Direct
sales - Pet
Specialty Stores - Online
Retailers - Other
Sales Channel
By Region:
- North
America - Latin
America - Europe
- East
Asia - South
Asia - Oceania
- MEA
To know more:
https://www.futuremarketinsights.com/reports/pet-apparel-market