The Pet Apparel Market in the US is highly promising, anticipated to grow at an impressive CAGR of approximately 4.0%. The recent introduction of pet apparel marketing by associated companies is expected to attract individuals and drive the demand for pet apparel products. This strategic move is projected to contribute significantly to the market’s growth in the coming years.
For instance, in 2018, Monse, a US-based garment maker, teamed up with the Walt Disney Company to create the Pre-Fall 2019 campaign. The campaign featured a captivating photo shoot of well-dressed rescued dogs, aimed at enticing pet guardians to consider purchasing similar apparel for their beloved rescued companions. Such innovative marketing initiatives are likely to fuel further growth in the US pet apparel market.
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The pet apparel market is estimated at USD 5.1 billion in 2022 and is projected to reach USD 7.0 billion by 2032, at a CAGR of 5.0% from 2017 to 2021.
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.
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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 apparel market over the forecast period, with sales growing at a 4% CAGR through 2032.
- Demand in the India pet apparel market 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 Apparel Market 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
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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