Increasing spending on pet products, including accessories, toys, healthcare, supplements, and clothing, is driving the market growth. The demand for sweaters & hoodies is expected to grow at a significant rate during the forecast period. North America led the market, with a share of more than 30% in 2021.
Newark, Jan. 13, 2023 (GLOBE NEWSWIRE) — According to The Brainy Insights, the pet clothing market is growing at a CAGR of 5.1% from 2022-2030. The increasing demand for high-end pet clothing brands among celebrities is a key factor driving the market growth. Further, increasing spending on pets owing to the increasing trend of pet humanization is also driving the demand for pet clothes.
Although the concept of pet apparel started long before the pandemic, the lockdown measures accelerated this market as pet adoption increased during the lockdown to decrease loneliness and uplift one’s mood. The increased pet adoption also increased the demand for pet clothes such as t-shirts, jackets, and coats. Moreover, dog & cat influencers on social media showcased different trends in clothing.
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The concept of twinning with pets is gaining traction among the millennials and gen z; designers and brands are embracing these trends and introducing matching pet clothes. For instance, designer Anthony Rubio in his latest New York Fashion Week presented a couture collection (pet collection) along with a women’s collection.
The demand for designer pet items like cashmere t-shirts, wool sweaters, coats, and other accessories is also expected to drive sales in the coming years. Actors, actresses, and models are the major ones purchasing premium products for their dogs & cats. For instance, Anna Wintour, Beyoncé, and Ozzy Ozbourne prefer to purchase clothes from brand Max-Bone for their dogs.
The concept of pet clothing is not appreciated by everyone, some people think unnecessary clothing can make movement for pets difficult, which is likely to restrict the growth of the market. Further, according to PETA, clothes like sweaters and jackets are important for some pets owing to a lack of fur. Thus, pet owners must know how their pets are more comfortable before dressing them.
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Key Players
1. Gucci
2. Petco
3. Moncler
4. Tommy Hilfiger Licensing, LLC
5. Ruffwear
6. Canine Styles
7. Chilly Dog Sweaters
8. Canada Pooch
9. Moshiqa
10. Bitch New York
11. Sir Dogwood
12. H&M
13. Zara
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Market Segmentation
• Product Insights
o Coats & Jackets
o Shirts & T-shirts
o Sweaters & Hoodies
o Raincoats
o Others
• Pet Type Insights
o Dogs
o Cats
o Others
• Distribution Channel Insights
o Supermarkets & Hypermarkets
o Specialty Stores
o Online
o Others
• Regional Insights
o North America
US
Canada
Mexico
o Europe
UK
Germany
France
Italy
Spain
o Asia Pacific
China
Japan
India
South Korea
Australia
o Central and South America
Brazil
o Middle East and Africa
South Africa
UAE
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About the report:
The market is analyzed based on value (USD Million). All the segments have been analyzed worldwide, regional, and country basis. The study includes the analysis of more than 30 countries for each part. The report analyzes driving factors, opportunities, restraints, and challenges for gaining critical insight into the market. The study includes porter’s five forces model, attractiveness analysis, product analysis, supply, and demand analysis, competitor position grid analysis, distribution, and marketing channels analysis.
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