Thunder Jacket for Dogs Market Forecast and CAGR
According to the latest research study by Fact.MR, Thunder jacket for dogs market is set to witness substantial growth during 2021-2031. Thunder jackets are a type of t-shirt for dogs that wraps around your dog and applies gentle, steady pressure to help relieve anxiety.
The idea behind this design is to represent a dog's need to be close to you when they're scared. To feel secure, they seek pressure and warmth, which is related to their instinct to be a part of a pack, similar to how dogs in the wild do. Besides, the demand for thunder jacket for dogs market will witness a surge with an optimistic growth outlook on the back of pet adoption, increasing pet humanization i.e., considering the pet as part of the family.
What is Driving the Demand for Thunder Jackets for Dogs?
Dogs also feel anxiety at various instances such as during fireworks, thundering, travelling from one place to another as well as when they are separated from their owners for long. It's difficult to have an anxious dog, and trying to find ways to relax frazzled nerves is exhausting. Here’s where the thunder jacket comes in handy.
Further, according to a study published in the Journal of Veterinary Behaviour, 89 per cent of dog owners found that using an anxiety wrap for a prolonged period decreased their dogs' anxiety levels.
The demand for such pet goods is projected to rise as the rate of pet humanization rises. Furthermore, people's increased video consumption of animal grooming tips on social media platforms and applications like YouTube is poised to fuel demand for such items.
The market is gaining momentum as pet owners become more aware of their pet's welfare. The rising popularity of adopting pets as companions for mental well-being, health, and entertainment is driving up pet-care spending. The global Thunder jacket for dogs market is projected to grow as awareness increases and wearables become more widely available.
The majority of people want their pets to be dressed in splendour. The wearing of colorful pet collars and shirts raises their pet owner's social status. Nowadays, associated companies sell a variety of luxury outfits for dogs and cats, including jackets, dog vest and other products, making it simple for people to dress up their pets.
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Key Statistics Supporting the Surge in Thunder Jacket for Dogs Demand
Increased awareness about the health and wellbeing of dogs along with the feeling of considering dogs as their family is on the rise among millennials around the world.
- It is estimated that the US has the largest pet dog population as of 89.7 Mn as of 2020,
- In Europe countries such as Russia, Germany and UK have pet dog population of about 16.9 Mn, 10.1 Mn and 9 Mn respectively
- In South Asia, the number of pet dog owners are significantly less compared to other regions, however, India has the fastest-growing population of the dog in the region
- As per a survey conducted by the Australian govt. in 2019 households in Australia have an estimated pet dog population of about 5.1 Mn
- And in East Asia, China has the highest dog population as of 2019
Above statistics supports the increasing population of pet dogs globally, which have been contributing towards increasing demand for Thunder jacket for dogs.
The US and Canada Thunder Jacket for Dogs Market Outlook
The United States is one of the world's most important markets of Thunder jacket for dogs. This is because, as of the 2019-2020 fiscal year, over 63.4 million households in the country owned a dog. Due to the high purchasing potential of the U.S. and Canadian populations, these countries are projected to hold the largest global pet apparel market share as of 2020.
These people spend a lot of money on pet items like pet collars, vests and jackets. According to APPA, total spending people in the US spent around $103 Bn on their pets annually. Besides, the growing trend of purchasing high-quality vests and thunder jackets for pets is projected to boost the region's sales growth.
According to a survey conducted by the Canadian Animal Health Institute (CAHI) in 2020, Canada has about 7.7 million dogs. Owing to this fact the demand, is poised to remain steady during the forecast period.
When comparing the US and Canada, the US, which has nearly ten times the pet dog population, has statistically produced higher demand for Thunder jacket for dogs in recent years and is expected to continue to do so in the future.
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The Advent of Online Sales Channel to Aid Market Growth
The growth of the e-commerce industry has benefited the entire pet accessories demand, including the demand for thunder jacket for dogs. Key stakeholders are engaged in strengthening their online presence.
Multiple efforts are being made for promoting their products on several e-commerce websites and pet blogs to reach a global audience. Companies and social channels have provided a huge opportunity to collaborate and try to increase user interaction.
The adoption of an online sales channel is mutually beneficial for both the manufacturer as well as customers. For manufacturers, a reduced number of intermediaries, leading to improved profits. Whereas, customers get access to 24/7 access to product sales and services.
The ability to compare prices and product attributes, as well as the availability of a wide range of products offered by different brands, are expected to drive demand growth.
Who are the key Manufacturers and Suppliers of Thunder Jacket for Dogs?
Some of the leading manufacturers and suppliers of thunder jacket for dogs include
- Mellow Shirt
- Pet Craft
- Pet life
- Pets at home
The market is highly fragmented with an abundant number of players operating regionally based on dog weight and application. Manufacturers concentrate on providing high-quality and trendy pet clothing products like hoodies to entice customers to purchase them. They're also working on affiliating with numerous well-known pet stores, to source a large number of products for dogs including thunder jackets and increase their overall geographic reach and sales.
An Adaptive Approach to Modern-day Research Needs
Thunder Jacket for Dogs Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
By Dog Weight
- 8 - 14 lbs.
- 15 - 25 lbs.
- 26 - 40 lbs.
- 41 - 64 lbs.
- 65 - 110 lbs.
- > 110 lbs.
- Personal Dog
- Therapy Dogs
- Service Dog
- K9 training
- Pet Care Centers
By Sales Channel
- Supermarkets & Hypermarket
- Retailers & Wholesalers
- Other Distribution channels
- Direct Sales
- E-Commerce Sales
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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