- Pet clothing includes garments used to keep pets safe from the rain and cold and to make them look stylish. Pet clothing includes sweaters & knit wear, coats, hoodies, shirts, jackets, dresses, head & neck wear, pants, skirts, swimwear, and raincoat.
- Pet accessories provide extra care for pets and includes various additional products such as bedding & feeding products, toys, utility products, and pet housing. Companies manufacture pet accessories considering the requirements of the pets such as cats and dogs, and others.
Key Drivers of the Global Pet Clothing & Accessories Market
- In recent years, increasing pet ownership due to shifting cultural and socioeconomic factors is impacting the growth of the pet clothing & accessories market. Fluctuations in standard of living of consumers and increasing disposable income has also encouraged pet adoption, which is likely to drive the demand for pet clothing & accessories during the forecast period.
- Making pets feel special, groomed, stylish, and entertained are major factors expected to drive the growth of the pet clothing & accessories market in the coming years. Therefore, manufacturers are expanding their distribution channels and reaching out to customers all around the world. For instance, companies are opening online websites dedicated to pet care products available at an affordable price. Furthermore, e-retailers such as Chewy.com have seen tremendous growth in the last few years specifically because consumers crave convenience. All these factors are further projected to offer several opportunities for market growth over the forecast period.
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Market in Asia Pacific to Expand Rapidly
- In terms of geography, the global pet clothing & accessories market can be divided into five regions North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
- North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the pet clothing & accessories market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the pet clothing & accessories market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America pet clothing & accessories market is segmented into Brazil, and Rest of South America.
- North America holds majority share in the global pet clothing & accessories market owing to rising number of pet owners and adoption of smart and luxury pet products in countries such as the U.S, U.K., Canada, France, Germany, Italy, Spain, and various other European countries.
- Demand in the Asia Pacific region is estimated to expand at a significant pace in the near future compared to any other region due to rapid increase in awareness about pet care products as the people with average income are spending more on their pets.
Key Players Operating in the Global Market
The pet clothing & accessories market is considerably fragmented due to the presence of various global, regional, and local players. Players are implementing technological advancements and introducing innovative products to gain competitive advantage in the market.
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In December 2019, Cuddles Pet Shop launched a new retail website offering pet clothing & accessories, and services for dedicated pet owners.
A few of the key players operating in the global pet clothing & accessories market are:
- DC Entertainment
- Dog Gone Smart
- Hip Doggie Inc.
- Hunter International GmbH
- Insect Shield
- Meredith Corporation
- North Fetch Athletics
- Organic Apparel USA