The U.S. pet furniture market provides a wide range of useful furniture specially designed for pets including beds, carriers, perches, scratching posts, couches, trees and other multi-functional furniture. Pet furniture helps pets feel comfortable, secure and protected and also keeps the home environment clean by containing pet hair, dander and litter. The growing trend of pet humanization in which pets are considered companions rather than animals is driving increased spending on premium pet furniture.
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 Trends
Growth in pet adoption - Increased rates of pet adoption during the pandemic has strengthened the human-animal bond. This is driving demand for comfortable furniture for new furry family additions.
Premiumization trend - Pet owners are increasingly willing to spend on premium, stylish and customized furniture created specifically for pets. This premiumization trend is encouraging manufacturers to introduce high-quality materials, finishes and designs.
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.
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