Animals and pets wearing clothes are a popular trend across the globe. Pets are kept by human beings as comforting companions. They provide emotional well being to the owners and in turn the people are taking responsibility of the well being of their pets, which provides the exponential growth of the pet care market. Initially, the animal food, animal health care, and animal grooming products were tapping the market and as the choice of adopting pets have increased in the market the product variants have also increased. Pet insurance, animal clothes, and animal beds have been introduced.
COVID-19 Scenario Analysis:
The Lockdown Scenario due to the COVID-19 outbreak has led to the loss in revenue of animal clothes wearing market. The industry has experienced a decrease in the sales due to the shutdown of various stores.
The production has been hampered for animal wearing clothes market due to the shortage of the labor and shutdown of manufacturing units in the initial lockdown scenario. . The pet events were canceled and postponed to maintain the social distancing regulation which in turn has affected the sales and revenue of animal wearing clothes market. .
Impaired Supply Chain
The global supply chain of animal wearing clothes market has been highly affected due to transportation restrictions. The distribution channels such as specialty stores have shutdown as per the government regulations, which has caused decline in sales and revenue of the animal wearing clothes market. Also, the animal wearing clothes brands present on e-commerce platform have been affected due to late deliveries.
The regulatory hurdles like restrictions on export and import have led to the shortage of raw material required and also disruption in supplies of end product to other countries.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Surge in fashion and style industry and new trends available have impacted the growth of the animal clothes wearing market. The consumers are attracted to new and upcoming posh attire and accessories for their pets. The pet wardrobe has been an important point of consideration for the pet lovers. The emotional aspect toward pets, trending fashion, awareness of pet care, increased disposable income, luxurious products, and lifestyle are the factors that drive the global animal wearing clothes market growth. The key players have come up with many clothing options for animals. These include hoodies, sweater, cardigan, jackets, shirts, coats, skirts, bathing suits, bathrobes, graphic tees, pants, jerseys, snowsuits, socks, tank tops, vests, wedding clothes, sun protective clothes, bandanas, masks, bow ties, shoes, boots, and others. However, the countries and market that is still left to be explored, the categories of animals which have not been targeted for the clothing yet and the price of the products hinders the growth of the industry. Contrarily, investments in expansion of product line, launch of safe and comfortable clothes for animals, and pet care awareness events present new pathways in the industry.
New product launches to flourish the market
The key players have launched new products consisting of the styles and fashionable designs that have been attracting the pet lovers and thus boosting the market growth. The manufacturers have been making bathrobes, bathing suits, skirts, shoes wedding dresses, and others which are different from the usual market. The key brands like Canine Styles deal with apparel, beds, collars, harnesses, legs, bowls, carriers, toys, treats, and novelties specially for the dogs.
Surge in usage of social media and applications
Manufacturers have been focusing more on customer interactions. The key players are reaching to the costumers through the social media platforms and using it as a magnificent way of increasing their customer loyalty. The events are created and the participations are being made by large number of customers. This provides industries with the niche market for their product.
Key Benefits of the Report:
- This study presents the analytical depiction of the global animal wearing clothes industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global animal wearing clothes market share.
- The current market is quantitatively analyzed to highlight the global animal wearing clothes market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global animal wearing clothes market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Animal Wearing Clothes Market Research Report:
- What are the leading market players active in the animal wearing clothes market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Animal wearing clothes market by Species Report Highlights
By Distribution Channel
Key Market Players
Good2Go, Muttluks, Dog & Co, Rororiri, Shinola Pets, Playa Pup, Chilly Dogs, Ralph Lauren Pets, BaxterBoo, Canine styles, Oh Joy!, Hip Doggie, California Costumes