Rising demand for pet subscription box services is one of the key factors driving market revenue growth
— Emerge Research
VANCOUVER, BC, CANADA, August 1, 2022 /EINPresswire.com/ — The pet clothing market size was USD 5.75 Billion in 2021 and is expected to register a revenue CAGR of 5.2% during the forecast period, according to the latest analysis by Emerge Research. Rising demand for pet subscription box services is a key factor driving growth of the market. Pet apparel can become crucial for little animals in extremely cold climates, since not all breeds can survive winters and others struggle, hence, taking the pet for a walk is quite helpful for both pet and the owner. The animal’s typical loss of hair may be impacted by numerous temperature fluctuations that occur during the year. Many animals have more sensitive skin during these seasons, thus it is advantageous to wear a sweater to shield them from potential harm from cold, sun, rain, or any abrasion. Since clothing shields from parasites, allergens, and bacteria that might arise in parks, streets, or even air itself, it is an excellent way to protect dogs from illness and diseases. It is also effective in preventing scratches, scrapes, and blows as well as potential infection of wounds.
The latest and updated research report on the Global Pet Clothing Market covers a comprehensive overview of the Pet Clothing market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. The report also covers the influence of the COVID-19 pandemic on the Pet Clothing market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.
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Some Key Highlights From the Report
The shirts & tops segment is expected to register a significant market revenue growth. Pets who are afraid of heat, cold, and fireworks can be calmed by using these items of clothing. Additionally, blouses and tops are sized differently and include breed-specific designs. Rising trend among owners to purchase shirts and tops with the same style, design, and pattern for both themselves and their pets is anticipated to have a beneficial effect on the segment’s revenue growth.
The dog segment is expected to grow considerably. Adoption of more dogs globally is anticipated to improve the segment’s revenue growth. Another element driving market expansion is rising spending on various dog-related apparel, accessories, toys, and clothes. Additionally, a significant element that is anticipated to support the segment’s revenue expansion is creation of really stylish and contemporary dog attire by numerous market players.
The North America market is expected to register a considerable growth rate. A significant component driving region’s revenue growth is great economic capability of pet owners in the US and Canada. More and more pet owners are spending money on accessories including toys, leashes, collars, apparel, and other pet care products. In addition, rising popularity of purchasing high-end pet apparel and accessories is anticipated to assist the region’s market revenue expansion.
In December 2019, Cuddles Pet Shop launched an updated e-commerce site, cuddlespetshop.com to sell its pet apparel and accessories
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. .
Prominent Players Analyzed in the Report:
Moshiqa, Canada Pooch, TRIXIE Heimtierbedarf GmbH & Co.KG, Bitch New York, BedHead Pajamas Inc., PETstock, Milk & Pepper, WL Shareholding Company Ltd., Medical Pet Shirts International BV, and PetRageous LLC.
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Furthermore, the report divides the Pet Clothing market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.
Emergen Research has segmented the pet clothing market based on product, pet type, and region:
Product Outlook (Revenue, USD Billion; 2019–2030)
Coats & Jackets
Shirts & Tops
Sweaters & Hoodies
Pet Type Outlook (Revenue, USD Billion; 2019–2030)
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2022-2030. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
North America (US, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Overview of the Pet Clothes Market Report:
Introduction, Product Scope, Market Overview, and Opportunities
Analysis of the Manufacturers with sales, revenue, and price analysis
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
In-depth analysis of the risks, restraints, and limitations in the Pet Clothing industry
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About Emergen Research
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Pet Clothing Market Size Worth USD 9.00 Billion in 2030