Pet Clothing Market with Covid-19 Pandemic Analysis, Growth Rate, New Trend Analysis Forecast To 2030
Pet clothing comprises garments used to protect pets from the cold and rain and to provide them extra warmth. Pet clothing includes coats, sweaters & knit wear, hoodies, jackets, shirts, dresses, pants, skirts, head & neck wear, raincoats, and swimwear. All these clothing serve specific purposes. For instance, sweaters offer extra warmth to pets that are hairless or suffer from cold. Pet clothing are used both for style and for functional purposes.
With an increasing number of pets and the rising popularity of their clothing and accessories, the industry is projected to witness steady sales growth over the forecast period. Increasing interest amongst pet owners regarding fashion trends for pets and the need to offer them comfort based on the climate conditions has raised their expenditure on pet clothes. Pet owners are essentially trying to figure out specialized and better quality products or garments for their pets. These factors have led to the growth of the pet clothing market globally. Furthermore, increase in the number of pets (especially cats and dogs) across the globe is also expected to influence the market growth over the forecast period. Rising concerns related to pet care, introduction of advanced cost effective pet clothing, and increasing health expenditure on pets is also anticipated to spur the demand for pet clothing in the coming years.
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Humanization of pets such as cats or dogs has led their owners to treat their pets as family. The owners want to dress their pets according to the pet’s breed and age. These factors are also projected to boost the market growth in the coming years. According to American Pet Products Manufacturers Association (APPMA), pet owners in the U.S. are expected to spend more on their pets every year. This is further projected to boost the pet clothing market over the forecast period. However, high cost of pet clothing may hinder the growth of the market over the forecast period.
The global pet clothing market can be segmented based on product, pet type, and region. In terms of product, the pet clothing market can be categorized into apparel and shoes. Furthermore, apparel segment is segregated into jackets, sweaters, skirts, hoodies, sleepwear, pants, and others. Based on pet type, the pet clothing market is segregated into cats, dogs, and others.
Based on region, the pet clothing market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is projected to hold the major share of the market in terms of revenue over the forecast period. Around 70% of households in the U.S. own a pet, with dogs being the favorite, according to the American Pet Products Association (APPA). Approximately 60.2 million households have a dog as a pet and around 47.1 million own a cat as a pet. Pet owners in the country are willing to splurge on various luxuries for their pets which include beds, clothing, and accessories along with various necessities such as collars, bowls, etc. These factors have led to the major share of the U.S. in the pet clothing market.
Prominent players operating in the global pet clothing market are ABO Gear, Pet Factory Company, Body Glove Pet, Dog Gone Smart Pet Products, Good2Go, Bootique, Grreat Choice, DC Comics, Thai Son S.P Co., Insect Shield, Hip Doggie, Martha Stewart, Petco, Hangzhou Huayuan Pet Products Co., Ltd, PetEgo, North Fetch, Organic Apparel USA, Ltd, HUNTER, and Pet Life. Manufacturers are continually working on modifying the liquid and base material types to tailor the physical properties of finished products to cater to the specific needs of pet owners. Furthermore, designers in the pet clothing industry are also working on the designs and are utilizing high-quality fabrics to ensure a superior product and to maintain and further expand their geographic presence.
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