Pet Apparel Market is Estimated at USD 5.1 Bn in 2022 | FMI
The global pet apparel market is estimated to expand at a CAGR of over 5.0% throughout the forecast period of 2022-2032, to be valued at US$ ~7.0 Bn by the end of 2032.
The higher pet adoption from dogs to cats and all the other kinds. With the higher number of pet-based community fests, pet apparel companies have started coming up with new creative designs that fuel the sales of pet apparel.
The increased humanization of pets, such as dogs and cats, can be linked to the expansion of the global industry for pet couture. The increase in the number of pet adoptions around the world is a major element driving the growth of the pet clothing market.
The advent of premium pet attire through collaborations with well-known fashion labels such as H&M and Ralph Lauren is propelling the sector forward and pushing the demand for pet apparel.
Furthermore, the industry is experiencing an upward trend due to the advent of pet fashion influencers, small company owners, and product design advances, all of which are influenced by social media. For example, Boobie Billie, the stylish Instagram dog, has launched a high-end fashion brand.
Request a Report Sample to Gain Comprehensive Insights@
The presence of non-profit organizations dedicated to animal welfare might be credited with the market’s rise. The demand for dog and animal clothes from shelters, animal protection organizations, and communities concerned about stray animals is boosting market growth and expanding the pet apparel market size. The market for pet apparel is steadily developing, thanks to increased knowledge of animal health and pet adoption.
Key Takeaways from the Pet Car Seat Market Study
- US is considered as a lucrative market for pet apparel and is expected to grow at CAGR of ~4.0%. The associated company’s recent introduction of pet apparel marketing is expected to attract individuals to purchase pet apparel goods.
- The pet apparel market in India is expected to grow at a CAGR of ~5.0%. India’s pet population is estimated to be between 28 and 29 million, with dogs accounting for the majority of pet ownership.
- By product type, the shirts and tops sector is likely to hold a significant proportion of the market, owing to an increased preference for vital apparels to calm pets from nervousness caused by cold and fireworks.
- By pet type, the dog segment is expected to dominate the market in terms of pet type. This is due to an increase in spending on various dog supplies and necessities like as toys, clothes, and other items.
Get Your Comprehensive Brochure@
“In the coming years, rising concerns about pet care, the launch of enhanced premium pet apparel, and increased health expenditure on pets are all expected to boost demand for pet apparel market.” says an FMI analyst.
Impact of COVID-19 on the Market
The unpredictability of the Covid-19 shutdown limitations forced the closure of pet specialty stores in numerous nations around the world. This is predicted to have a negative impact on product sales around the world. However, increasing consumer habits toward purchasing garments through e-commerce outlets in order to avoid coronavirus infection during a pandemic are predicted to boost demand for pet clothing globally.
For example, Chewy, a U.S. supplier of animal grooming and wardrobe products, reported a rise in online sales in April 2020. As a result of this consistent purchase habit, the market is likely to thrive following the Covid 19 pandemic.
Who is winning?
Leading manufacturers of pet car seat are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of pet car seat globally.
Major players present in the pet car seat market Pet Factory Company, ABO Gear, Body Glove Pet, Good2Go, Hip Doggie, Moshiqa, Petstock, Hunter International GmbH, Insect Shield, MILK&PEPPER, Bedhead Pajamas Inc. among others.
For any Queries Linked with the Report, Ask an Analyst@
Recent Market Development
In 2021, Major Dog Clothing launched their first Australian-made and designed collection of canine apparel to support local jobs and transparent manufacturing
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the global pet car seat market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the pet car seat market based on the product type (coats, jackets, sweaters & hoodies, & others), pet type (dogs, cats & others), material type (cotton, polyester, Lenin & others) sales channel (supermarkets & hypermarket, retailers & wholesalers, direct sales, pet specialty stores, online retailers & other sales channel) across seven major regions.