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Wednesday, January 19, 2022

Global Pet Clothing Market to be Driven by the Rising Demand for Innovative and Luxurious Pet Clothing in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Pet Clothing Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global pet clothing market, assessing the market based on its segments like products, end-users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2021): USD 5.2 Billion
  • Forecast CAGR (2022-2027): 4.56%
  • Forecast Market Size (2027): USD 6.8 Billion

The market for pet clothing is being driven by the rise in number of pet ownership in the recent years especially amongst the millennial and Gen-Z population. This has generated a robust demand for pet apparel and accessories, thereby stimulating the growth of the market. In addition to this, the increasing market penetration of leading industry players with online and offline stores are further favouring the growth of the market with introduction of innovative, luxurious, and sustainable products. The rising disposable incomes and expanding purchasing power of people are also positively influencing the growth of the market.

Industry Definition and Segmentation

Pet clothing refers to animal garments like jackets and sweaters that are primarily used to protect animals from extreme weather conditions such as rains and winters.

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On the basis of product, the market can be divided into:

  • Sweaters
  • Skirts
  • Jacket
  • Others

Based on end-user, the market can be categorised into:

  • Dogs
  • Cats
  • Others

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The growth in the global market for pet clothing can be associated with the increasing humanisation of animals, especially pets like cats and dogs. Under the influence of social media platforms like Instagram and Facebook, the market is witnessing an upward trend due to the presence of small businesses and pet influencers promoting the adoption of new and innovative products. In addition to this, owing to the rising trends surrounding sustainability, pet apparel made from breathable and sustainable fabrics like cotton are stimulating the growth of the industry.

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Key Market Players

The major players in the market are ABO Gear, Body Glove Pet, Bootique, Good2Go, and Hip Doggie, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
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City: Sheridan
State: Wyoming
Country: United States

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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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