Wilmington, Delaware, United States, April 20, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global dog apparel and accessories market has witnessed significant growth over the past few years due to the increasing popularity of products and services that promote the health and welfare of animals.
According to a TMR market report, the dog apparel and accessories business will be worth US$ 11.0 Bn in 2022 and is expected to reach US$ 18.7 Mr during the forecast period of 2023-2031. This can be attributed to several factors, including increased pet ownership and increased knowledge about animal health and hygiene.
Dog clothing and accessories include clothing such as jackets, neckwear, coats, jerseys, jackets, shirts, slippers, socks, hats, and more. These clothes are made up of materials including neoprene, wool, nylon, cotton, and polyester.
Accessories include collars, bowls, poop bags, bedding, toys, jewelry, leashes, harnesses, and more. Manufacturers of dog clothing and accessories are making innovations to expand their product portfolio. Hence, the dog apparel and accessories market is expected to witness lucrative growth in the next few years.
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Market Snapshot:
| Report Scope | Details | |
| Market Income | USD 11.0 Bn | |
| Estimated Value | USD 18.7 Bn | |
| Growth Rate – CAGR | 6.1% | |
| Forecast Period | 2023–2031 | |
| Number of Pages | 160 pages | |
| Market Segmentation | Type, Material, Target Audience, Life Stage, Price Category, Price, Distribution Channel | |
| Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, South America | |
| Covered Companies | CANADA POOCH (Toronto, Canada), Central Garden & Pet Company, DoggyMan HA Co., Ltd., Hangzhou Tianyuan Pet Products Co., Ltd, KONG Company, Masterpet Corporation Ltd., MILK&PEPPER (Cholet, France), Petmate, PetRageous Designs LLC. (Massachusetts, US), Unicharm Corporation | |
Dog Clothing & Accessories Market: Growth Drivers
- Trends in the dog apparel and accessories market include an increasing focus on pet comfort and hygiene. The development of customized product ranges for specific species according to their body type is fueling the global growth of the dog clothing and accessories market. Furthermore, there is a growing trend toward recognizing animals as members of the family, increasing spending on pet health and welfare. Subsequently, increasing awareness about animal welfare is a major driver of global business.
- Companion animals, such as dogs and cats, are in high demand due to their increasing popularity as pets. The increase in the adoption of pets is expected to boost the global growth of the dog apparel and accessories industry.
- The COVID-19 pandemic has had a significant impact on the dog apparel and accessories industry. The increase in pet adoption and adoption during the pandemic as people spend more time at home has created lucrative growth opportunities for the global industry. The market trend of pet ownership and the demand for proper pet care is expected to be strong in the long term, which is likely to drive the market growth.
- The increase in disposable income of individuals in developing countries increases their expenditure on pet care. Pet care includes dog clothes and accessories. Therefore, global business is expected to witness huge growth in the next few years.
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Key Findings in the Dog Apparel and Accessories Market
- In terms of type, the jacket segment is expected to experience beneficial growth during the forecast period. This is attributed to the increase in sales of dog jackets as they protect from heat, cold, and rain. Jackets help dogs with allergies, as they act as protection from scratching and also reduce allergy symptoms. However, shirts and t-shirts also showed significant sales due to comfort and durability aspects.
- Based on accessories, the bowl segment is expected to witness steady growth over the next few years due to increasing demand for attractive bowls. The waste disposal-poop bags segment has shown beneficial growth during the pandemic due to stay-at-home orders.
- In terms of life stage, the puppy segment is expected to grow at a rapid rate in the near future, as puppies require more care and protection. Dog clothes and accessories have proven useful in solving this purpose.
- Based on the distribution channel, the online segment has gained immense traction due to the availability of various clothes and accessories at a click of a button. Furthermore, discounts and one-stop solutions have led to a consumer preference for online purchases.
Dog Clothing and Accessories Market: Regional Perspective
- The rapid growth of the North American dog apparel and accessories industry is attributed to new innovations and product launches. Moreover, increasing awareness about animal health in the region is likely to create significant business opportunities for global players.
- Asia Pacific is one of the largest markets for dog apparel and accessories due to the increasing spending capacity of individuals in developing countries such as China and India. Additionally, increasing pet ownership has accelerated business growth in the region.
Buy this Premium Research Report | Immediate Delivery Available – https://www.transparencymarketresearch.com/checkout.php?rep_id=77719 Dog Apparel and Accessories Market: Competitive Analysis The high cost of premium products and services is a major challenge for market development. In some developing countries, there is a lack of knowledge about the importance of dog clothing and accessories, leading to lower sales of these products. In turn, the dog clothing and accessories market is characterized by a short product lifecycle, as new products are constantly being developed and introduced to the market. Major players are focusing on manufacturing cost-effective and durable products to meet consumer demand. The main participants operating in the dog clothing and accessories market are: Dog Clothing and Accessories Market: Segmentation Through type Through material Through Target Audience Through stage of life Through Price Category Through Price Through Distribution Channel Through Region About Transparency Market Research Transparency Market Research, a global market research company registered in Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and analysis of trends provides insights into the future for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and a variety of tools and techniques to gather and analyze information. Our data repository is constantly updated and revised by a team of research experts, so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs a rigorous primary and secondary research approach in developing unique data sets and research material for business reports. Contact: Nikhil Sawlani
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