Global Pet Furniture Market

Pet Furniture Market Size, Share, Growth Analysis, By Pet(Cat, Dog, and others), By Product(Pet sofas and beds, Pet houses, Pet trees, and others), By Material(Cotton, Plush, Fabric, Woods), By Distribution Channel(Specialty stores, Supermarket and Hypermarket, Online, and Offline), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30K2011 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 121 | Figures: 81

Pet Furniture Market Insights

Pet Furniture Market size was valued at USD 4.03 Billion in 2023 and is poised to grow from USD 4.27 Billion in 2024 to USD 6.76 Billion by 2032, growing at a CAGR of 5.9% during the forecast period (2025-2032).

Pet furniture is furniture designed to meet the needs of a variety of pets, such as dogs, cats, and other animals. A pet is an animal that is kept primarily for the company or entertainment of its owner, rather than as a working, domestic, or experimental animal. Pet furniture is becoming increasingly popular and gaining in popularity in developed regions of the United States and Europe. Manufacturers create new and innovative pet comfort and health merchandise to help pet owners adopt a more convenient lifestyle.

There are various factors that are expected to drive the pet furniture market over the next few years, including rising disposable income, concerns about pet health and fitness, and increasing demand for pet products. The popularity of keeping pets and treating them like family members is growing around the world. Millennials believe that their pets should have their own set of furniture in their homes, which makes for more comfortable, durable, and stylish pet accessories and furniture. Customization is important to customers because it gives each pet furniture piece a personalized touch. This factor will continue to grow in importance in the market.

The demand for pet-friendly offices and travel-related pet furniture is likely to increase in the near future. The popularity of trendy and multipurpose pet furniture is expected to drive the pet furniture market in the future. Thermostatic control is also available on smart beds, meaning that owners can change the temperature.

The growth of the pet furniture industry is being driven by increased demand, which is helping to increase the industry as a whole. The furniture includes a bed for a pet, a coffee table, a bedside table, and a chair. Each piece of furniture is included in a single item, which makes it easy to move around. As more and more consumers find themselves with limited space, they are driving up demand for furniture that takes up less space.

US Pet Furniture Market is poised to grow at a sustainable CAGR for the next forecast year.

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Pet Furniture Market size was valued at USD 3.81 billion in 2022 and is poised to grow from USD 4.03 billion in 2023 to USD 6.38 billion by 2031, at a CAGR of 5.9% during the forecast period (2024-2031).

The leading companies are focusing on innovation by investing heavily in R&D efforts to develop production technologies that produce smart pet furniture and improve shelf life. A sector with long-term growth potential can achieve its objectives by ensuring ongoing process improvements and financial flexibility to invest in the latest methods. 'Armarkat', 'Bowsers Pet Products', 'Crown Pet Products', 'Drs. Foster & Smith', 'FURminator, Inc.', 'Go Pet Club', 'Hartz Mountain Corporation', 'Jollyes Pet Superstore', 'K&H Pet Products', 'Kuranda USA', 'M Pets', 'Merry Products Corporation', 'Midwest Homes for Pets', 'Petco Animal Supplies, Inc.', 'Petmate', 'PetPals Group Inc.', 'Prevue Pet Products, Inc.', 'Richell USA, Inc.', 'The Refined Feline', 'Ware Manufacturing, Inc.', 'To bridge the gap in all market categories, Pepperfry has chosen to enter the pet care industry in November 2022. While its immediate goal is to consolidate supplies from specialized pet brands and producers to create a robust pet furniture market.', 'Nest Bedding expanded its market penetration and grew its customer base by introducing natural pet beds in October 2022.', 'September 2022 PetSmart unveiled a special line of items for animals and their owners in collaboration with interior designers Jeremiah Brent and Nate Berkus. Fish, reptiles, and small pets are all catered for with the new assortment of furniture, accessories, and decor.', 'A new line of miniature rattan loungers for dogs was introduced by German retailer Aldi in July 2022. These loungers come with a detachable water dish, a chic rattan frame, and a canopy for shade throughout the day.'

People are spending more time and energy caring for pets, and the trend of adopting and caring for pets is rapidly growing across the globe. There has been an increase in the adoption of pet furniture that meets the needs of pets, which is expected to lead to market growth. According to the 2019-2020 national pet owners survey conducted by the American Pet Products Association, around 67% of households in the US own a pet. This represents a total of nearly 85 million families. The rising disposable income of people and improvements in living standards are expected to increase significant growth in the pet furniture market. The concept of pet grooming, also known as "grooming," is growing in popularity among pet lovers. The pet industry tries to maintain hygiene and find ways for pets to provide comfort at home, which is expected to have a positive effect on pet market segments.

The "pet parent" culture has created many opportunities for key players in the pet furniture market. Millennials are increasingly demanding eco-friendly and high-quality products, which is set to help the growth of the industry. The humanization of pets, which means treating pets as part of a family, is likely to drive the pet market. The rising spending on furry-partners by pet owners is likely to encourage manufacturers to invest more into their research and development departments. This will lead to an increase in the number of new product launches, which will drive sales.

The North American pet furniture market is expected to experience substantial growth over the Forecast period. As disposable income continues to grow and people's lifestyles change, manufacturers are coming up with new product innovations to help pet owners adapt to a more convenient lifestyle. For example, the pet club in America has a diverse portfolio of pet care products, including pet carriers, pet strollers, pet beds, and a wide selection of cat trees that are attractive and functional and support healthy growth of pet animals. The increased concern about healthcare for pets has created a large opportunity for the pet furniture industry in the US. The pet furniture product produced in this region meets the functional and aesthetic needs of pet animals. The manufacturers have consistently created innovation by building comfortable beds and sofas that provide health information such as the pet's body weight and sleeping patterns. The increased demand for pet accessories has driven up furniture sales in recent years, which is helping to drive the growth of the pet market.

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Global Pet Furniture Market

Report ID: SQMIG30K2011

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