The ‘Global Pet Clothing Market Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global pet clothing market, assessing the market based on its segments like products, end users, and major regions.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): More Than USD 5.2 Billion
- Forecast CAGR (2023-2028): 56%
The growing pet humanisation is one of the key factors behind the pet clothing market expansion. More people are considering their pets to be family members and are prepared to make investments in their welfare, including their beauty. Due to this shift in perspective, there is an increased demand for pet clothes as owners try to dress their pets.
Pet owners are increasingly concerned about the safety and comfort of their pets, particularly during severe weather conditions. As a result, manufacturers are concentrating to create pet apparel lines that offer warmth in the winter as well as protection from UV rays in the summer and rain in the rainy season.
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The pet clothing market is growing rapidly due to growing pet adoption rates and increasing focus on animal health. The market is further expanding favourably as a result of the surging demand for dog and animal clothes from animal welfare agencies, shelters, and locals who take in stray animals.
Industry Definition and Major Segments
Pet clothing refers to cloth articles designed specifically for pets. Pet clothing items are available for dogs and cats, with clothing for other animals gaining popularity. While some attire, such as a pet tuxedo or a Halloween costume, is entirely frivolous and ornamental, other accessories such as raincoats and sweaters are more practical.
On the basis of product, the market is divided into:
The market, on the basis of end user, is segmented into:
The major regional market of pet clothing includes:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The rapid rise in the popularity of social media platforms is one of the major pet clothing market trends. Popular social media accounts that feature pets, known as pet influencers, have amassed large followings, and their fashion choices frequently affect purchasing decisions of pet owners. Hence, the demand for pet clothing is positively impacted with pet owners wanting to imitate the appearance that these influencers’ pets are sporting.
The trend of luxury pet clothing is gaining significant popularity among social media influencers and the rising number of social media users is positively impacting the pet clothing market revenue. In addition, celebrities show their pets and share their pictures dressed stylishly, which often results in collaborations between companies to produce exclusive clothing lines and raise brand awareness.
Key Market Players
The major players in the pet clothing market report include 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.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market based on SWOT and Porter’s Five Forces Models.