U.S. Pet Furniture Market Experiencing Growth due to Increased Humanization of Pets

 

U.S. Pet Furniture Market

The U.S. pet furniture market caters to the needs of pet owners who want their pets to sleep and relax comfortably. Pet furniture such as pet beds, crates & kennels, and pet sofas & chairs provide a comfortable space for pets in the house. Increasing pet humanization trends where pets are considered as part of the family are fueling the demand for high-quality and specialized pet furniture. Pet parents want their furry companions to have comforting furniture that reduces stress and promotes better health.

The U.S. pet furniture market is estimated to be valued at USD 2.3 Bn in 2024 and is expected to reach USD 3.41 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.


Key Takeaways

Key players operating in the U.S. pet furniture market are PetPals Group, Go Pet Club, North American Pet Products, MidWest Homes for Pets, Ultra Modern Pet, Pet Lodge, and Best Friends by Sheri. The companies offer a wide range of beds, kennels, sofas, and chairs made from plush fabrics, orthopedic foam, and waterproof materials.

The rising spending power of pet owners and increasing U.S. Pet Furniture Market Size for eco-friendly and customized furniture are offering ample growth opportunities for market players. Companies are launching innovative self-warming beds, cooling mattresses, sofas with removable cushions, and modular furniture to capture more consumers.

Major players are expanding their global footprint through mergers and acquisitions. They are also focusing on small cities and towns through strategic retail partnerships and e-commerce platforms to drive sales volumes across different regions of the country.

Market drivers

The key market driver fueling the demand for U.S. pet furniture is the growing humanization of pets. Americans are increasingly treating pets as valued family members and are willing to spend more on high-quality products to ensure their comfort, safety, and happiness. This has prompted the demand for specialized furniture designed for the unique needs of pets. Further, rising incomes and increased pet spending have enabled pet parents to invest in customized furniture pieces made of premium materials.
PEST Analysis
Political: No major political factors affecting the U.S. pet furniture market.
Economic: Growth of the U.S. economy impacts spending power on pet care products including pet furniture.
Social: Rising number of pet owners and humanization of pets drive demand for comfortable pet beds and furniture designed for various pet needs.
Technological: Advancements in materials used for pet furniture manufacturing such as water-resistant, easy to clean fabrics. More e-commerce shopping for pet products.

Geographical Regions of Concentration
The U.S. pet furniture market in terms of value is concentrated majorly in coastal regions including California, Florida, New York and Texas. These states have higher disposable incomes allowing people to spend more on high-quality pet furniture and accessories. California alone accounts for over 15% of the total market size due to large number of pet owners and premiumization trend in the state.

Fastest Growing Region
The Midwestern region of the United States is witnessing the fastest growth in the pet furniture market currently. States like Illinois, Ohio, Michigan, Indiana and Wisconsin are growing rapidly due to increasing pet adoption in small towns and cities. Changing lifestyles and greater willingness to spend on pets have boosted the sales of pet furniture. E-retailers are additionally driving the market growth in this region by offering a wide variety based on various pet sizes, needs and styles.

Get more insights on U.S. Pet Furniture Market

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

(LinkedIn: www.linkedin.com/in/alice-mutum-3b247b137 )


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