The Asia Pacific Pet Clothing Market would witness market growth of 4.6% CAGR during the forecast period (2022-2028).
Pet clothing sales are growing rapidly owing to rising pet ownership among Millennials and generation Z, as well as the expansion of social media and e-commerce platforms globally. People in emerging economies are starting to realize the significant benefits pet ownership has on one's health. Rapid urbanization, a move toward nuclear families, and increased disposable income are characteristics of the majority of emerging economies.
These elements are to blame for the rise in pet adoption. In addition, older people in urban settings are more prone to acquire tiny animals as pets, such as birds, rabbits, and Guinea pigs, because it suits their needs. It is now much easier for people to dress up their pets because many businesses are selling a large range of fashionable apparel for dogs and cats. The rising number of pets and the accessibility of distinctive clothing and accessories are likely to be positive factors for the pet apparel market.
In China, many people view their pets as part of the family, which helped to strengthen the bond between pet and owner. Pet owners consequently developed a strong desire to dress up their pets, take them outside, and take care of their health and appearance. Over the course of the Chinese New Year, sales of pet gift boxes soared ninefold. Pet nibbles and lucky red pet accessories, two particular Spring Festival pet products, were also well-liked. Fashion brands collaborate with their favorite key opinion leaders to develop subjects, interact with target audiences, and persuade viewers to buy imported goods.
The China market dominated the Asia Pacific Pet Clothing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $518.1 million by 2028. The Japan market is estimated to grow a CAGR of 4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.3% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product Type, the market is segmented into Shirts & Tops, Coats & Jackets, Sweater & Hoodies and Others. Based on Pet Owner, the market is segmented into Millennial, Gen X, Baby Boomer, Gen Z and Others. Based on Pet Type, the market is segmented into Dogs, Cats and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Pet Clothing Market is Projected to reach USD 6.3 Billion by 2028, at a CAGR of 4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABO Gear LLC, Bedhead Pajamas (Komar, Inc.), Bitch New York, Canada Pooch Ltd., Hip Doggie, Lucy & Co, Medical Pet Shirts, Wagwear, and Ruff Wear Inc.
By Distribution Channel
By Product Type
By Pet Owner
By Pet Type
By Country
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