Pet Clothing Market Segmentation (2023-2028)


Posted June 14, 2023 by sandycool

Pet Clothing Market was valued at USD 5.9 billion in 2022 and is projected to reach USD 7.3 billion by 2028, expanding at a CAGR of 5.44% from 2023 to 2028.

 
The Pet Clothing Market was valued at $5.9 billion in 2022 and is estimated to reach $7.3 billion by 2028, with a CAGR of 5.44% from 2023 to 2028.

The industry of creating and producing clothing for dogs, cats, and other animals is known as pet clothing. Due to rising pet ownership, the humanization of pets, and the rising tendency of pet owners treating their animals as family members, the market for pet clothes has grown significantly in recent years. Coats, vests, blouses, gowns, costumes, collars, and leashes are just a few of the things that are available at the market. Pet clothing frequently combines functionality and fashion, with many items incorporating elements like waterproof or reflective fabrics. Numerous pet owners and their cherished companions benefit from the competitive market's ongoing evolution as a result of new fashions and trends.

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Market Drivers and Restraints:

Due to the growing trend of pet humanization, many pet owners now view their animals as part of the family and spend money on their well-being, which includes clothing. As a result, increasing owner spending in pet clothes are having a favorable impact on the market's growth rate. Additionally, as a result of more people posting images and videos of their pets on social media, there is a greater desire for stylish and modern pet attire, which has a significant impact on market share demand.

More people are taking their dogs out in public as a result of the rise in the number of pet-friendly businesses like cafes, motels, and restaurants, which has increased demand for occasion-appropriate pet attire. The demand for pet apparel is also fueled by the increasing number of pet adoptions and pet owners around the world. Because of this, producers of pet clothes have been improving the quality and style of their goods, giving pet owners a variety of options and so boosting the market's growth.

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The report is segmented as follows:

The Pet Clothing Market is segmented by Type; the Market is segmented by Product; the Market is segmented by Distribution Channel; the Market is segmented by Material:

By Type (Dogs, Cats, Other pets)
By Product (Jackets and coats, Sweaters and hoodies, Shirts and t-shirts, Dresses and skirts, Costumes and outfits, and Accessories)
By Distribution Channel (Online retailers, Brick-and-mortar stores, Pet stores, Department stores, and Supermarkets and hypermarkets)
By Material (Cotton, Wool, Polyester, Nylon, Leather, Others)
Regional Segmentation:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Impact of the COVID-19 pandemic on the market:

The COVID-19 epidemic has had both favorable and unfavorable repercussions on the pet clothing industry. Positively, lockdowns and other social segregation measures have increased the amount of time people spend at home, which has encouraged pet adoption and ownership, which has raised demand for pet attire. Since many individuals have turned to their pets for company and solace throughout the pandemic, the practice of humanizing pets has continued to grow. Negatively, the pandemic's impact on the economy has led some pet owners to cut back on discretionary purchases of things like pet clothes. The accessibility of some pet apparel products has also been impacted by supply chain disruptions and production delays. Comparatively to other industries, COVID-19 has had a very small influence on the pet apparel market, which is anticipated to continue growing over the coming years.

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Categories Business , Marketing
Tags pet clothing market trends , pet clothing market values , pet clothing market growth
Last Updated June 14, 2023