Dog Clothing & Accessories Market Size To Reach $16.61 Billion By 2028, Owing To Enhanced Demand For Innovative & Fashionable Accessories From Pet Owners | Million Insights – PR Newswire

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May 26, 2021, 05:10 ET
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FELTON, Calif., May 26, 2021 /PRNewswire/ — The global Dog Clothing and Accessories Market size is expected to reach USD 16.61 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 6.9% from 2021 to 2028.
What are Key Factors Driving the Dog Clothing & Accessories Market?
Increasing disposable income and rapidly growing urbanization have promoted the demand for innovative and fashionable accessories from pet owners. In addition, vendors in this industry focus on multi-functional and fashionable product development to meet pet owners’ requirements. Spending on a pet has increased as a mark of sensitivity and social status. Thus, all these factors are expected to drive the market.
Accessories held the largest share of more than 55.0% in 2020 and are expected to expand at a significant CAGR over the forecast period. Clothing is expected to witness the highest growth over the forecast period. Clothing such as sweaters and jackets protects the dog from cold. Thus, the growing demand for warm clothing to protect the dog from cold weather is expected to drive the market.
Asia Pacific is expected to expand at the highest CAGR from 2021 to 2028. The growing young population and increasing disposable income in countries, such as China and India, are projected to drive the product demand. Increasing disposable income and intense advertisement campaigns by the leading dog apparel and accessories manufacturers have led to regional market growth. Moreover, the easy availability of the products due to modern retail facilities and online platforms is expected to drive the market.
Please click here to get the sample pdf and find more details on "Dog Clothing & Accessories Market" Report 2028.
Dog Clothing & Accessories Market Report Highlights:
Browse 85 page research report with TOC on "Global Dog Clothing and Accessories Market" at: https://www.millioninsights.com/industry-reports/global-dog-clothing-accessories-market
Million Insights has segmented the global dog clothing and accessories market on the basis of product, distribution channel, and region:
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About Million Insights:
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
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