Pet Humanization Is Driving The Fastest-Growing Pet Furniture Market In The United States

 

U.S. Pet Furniture Market

A large variety of practical furniture made especially for pets is available on the American pet furniture market, including beds, carriers, perches, couches, scratching posts, and other multipurpose pieces. Pet furniture not only keeps the home environment clean by collecting pet dander, hair, and litter, but it also makes pets feel safe, comfortable, and protected. High-end pet furniture is becoming more and more expensive due to the growing tendency of "pet humanization," in which animals are viewed as companions rather than as property.

Market Trends

Growth in pet adoption: The relationship between people and animals has been reinforced by the pandemic's higher pet adoption rates. This is increasing the need for cozy furniture for newly adopted animal family members.

Trend toward premiumization: Pet owners are becoming more and more prepared to spend money on upscale, fashionable, and specially made furnishings for their animals. Manufacturers are being encouraged to introduce premium materials, finishes, and designs by this premiumization movement.

The Global U.S. Pet Furniture Market is estimated to be valued at US$ 3.41 Bn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the U.S. Pet Furniture Market Growth are Go Pet Club, Ware Pet Products, PetPals Group, MidWest Homes for Pets, North American Pet Products, Aosom LLC, Fable Pets, Inc., Critter Couch Company, Furhaven Pet Products, Kuranda USA, Ware Manufacturing, Inc., Richell USA, Inc., FURminator, Inc., Petmate, Pawnotch, North American Pet Products, Molly And Friends, and Armarkat. The growing bond between pets and owners has increased demand for high-quality, stylish and customized pet furniture to provide comfort to pets. Technological advancements like introduction of multi-functional, space-saving and easy to clean pet furniture are supporting the market growth.

Market Opportunities

Internet and e-commerce penetration - Growing internet and smartphone access provides opportunities for online platforms to directly connect pet brands with consumers and showcase a variety of furniture options.

Focus on multi-generational homes - As more young-adults continue living with parents, there is rising need for smartly designed pet furniture that can seamlessly blend into multi-generational living spaces. Manufacturers can focus on space-saving, compact and versatile furniture.

Impact of COVID-19 on the U.S. Pet Furniture Market

The COVID-19 pandemic has drastically impacted the growth of the U.S. pet furniture market. During the onset of the pandemic in early 2020, the market saw a significant drop in demand and sales as people focused more on essential supplies for themselves and their family members. Manufacturing and supply chains were disrupted leading to shortage of raw materials and finished products. However, as lockdowns continued, pet adoptions increased substantially across the country as people sought the companionship of pets. This led to renewed interest in specialty products like pet furniture to provide comfort and entertainment for the growing pet population.

Post pandemic, the market is anticipated to recover steadily and return to its forecasted growth trajectory. The heightened human-pet bond formed during isolation periods is expected to sustain higher spending on pet care. Increasing awareness about the importance of pet wellness will further drive demand for comfortable, ergonomic furniture that facilitates exercise and play. Major players are expanding their online presence to continue catering to current pet owners as well as the growing base of new pet parents. Customized, multi-functional furniture with added safety features are gaining popularity. Furthermore, manufacturers are focusing on sustainable materials and manufacturing practices to align with consumer preference for eco-friendly products.

Geographical Concentration of the U.S. Pet Furniture Market

In terms of value, the Western and Midwestern regions of the United States account for the largest share of the pet furniture market currently. States like California, Texas, Florida and Illinois have long been centers of pet ownership with over 60% of households owning at least one pet. With their urban populations and higher disposable incomes, these regions see greater spending on specialized products. Additionally, the warm climates allow pets to stay indoors as well as outdoors throughout the year, driving demand for indoor and outdoor furniture solutions.

Fastest Growing Region in the U.S. Pet Furniture Market

The Southern region of the United States encompassing states like North Carolina, South Carolina, Georgia and Tennessee has emerged as the fastest growing market for pet furniture in recent years. Driven by population growth, increasing pet adoption and rising incomes, pet ownership in the South is surging. Manufacturers have responded by setting up regional distribution centers and showrooms to effectively serve local customers. Evolving preferences for stylish, versatile furniture additionally support the furniture category's expansion. The warm climate and prevalence of outdoor lifestyles continue fueling interest in elevated feeders, patio furniture and pet accessories conducive to Southern living.

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