Good2Go Corp.

Jan 6, 2023

News provided by Share this article Share this article DUBLIN, Jan. 6, 2023 /PRNewswire/ -- The "Pet Apparel Market Outlook (2022-2032)" report has been added to  ResearchAndMarkets.com's offering. The market for pet clothing market is anticipated to reach a value of $7 Bn by 2032, with sales increasing at a CAGR of 5% throughout that time. The growing trend of pet humanization across the globe is anticipated to boost market growth. Sales in the market are being driven by the introduction of upscale pet clothing created through partnerships with well-known fashion brands like H&M and Ralph Lauren. The prevalence of pet fashion influencers, small pet apparel firms, and improvements in product design are also contributing to the industry's rising trajectory. For instance, Boobie Billie, the fashionable Instagram dog, just unveiled a high-end clothing line. Recently, Dsquared2 and Poldo Canine Couture worked together to create a comprehensive line of dog apparel and accessories. Demand for pet gear is anticipated to increase due to the existence of non-profit groups devoted to animal welfare. The market will grow as a result of demand from animal shelters, animal protection groups, and communities that are worried about stray animals. Key Takeaways: Based on product type, sales of shirts & tops will increase at a considerable pace over the forecast period. In terms of pet types, the dog segment is anticipated to remain most lucrative through 2032. By sales channel, demand for pet apparel across online retail channels will continue rising. The U.S. Will dominate the North America pet apparel market over the forecast period, with sales growing at a 4% CAGR through 2032. Demand in the India pet apparel market is expected to increase at a 5% CAGR over the assessment period. Competitive Landscape Leading manufacturers of pet apparels are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales in the market. Key players operating in the global pet apparels market include Pet Factory Company, ABO Gear, Body Glove Pet, Good2Go, Hip Doggie, Moshiqa, Petstock, Hunter International GmbH, Insect Shield, MILK&PEPPER, and Bedhead Pajamas Inc. Key Topics Covered: