July 4, 2024
U.S. Pet Furniture Market

U.S. Pet Furniture Market is Estimated to Witness High Growth Owing to Greater Emphasis on Pet Wellness and Happiness

Pet furniture refers to furnishings made specifically for companion animals. It includes pet beds, kennels, crates, trees, and other resting spots. Pet owners are increasingly providing their furry friends with comfortable and safe spaces in the home. Pet furniture enhances the well-being of pets by providing proper rest and hygiene. Rising pet humanization trends where animals are considered family members have driven demand for high-quality, durable, and aesthetically pleasing furniture.

The Global U.S. Pet Furniture Market is estimated to be valued at US$ 2.3 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the U.S. Pet Furniture are MidWest Homes for Pets, PetPals Group, Inc, Go Pet Club, North American Pet Products, Inkgrid, Ware Pet Products.

The key opportunities in the market include demand for eco-friendly and personalized pet furniture. Growing inclination towards premium and innovative products also offers significant prospects.

The U.S. dominates the U.S. Pet Furniture Market Growth led by increasing pet adoption and rising spending on pet care. Expanding e-commerce and omni-channel distribution further support the market growth. Other regions including Europe and Asia Pacific are also witnessing notable growth.

Market Drivers

Greater emphasis on the wellness and happiness of companion animals has been a key growth driver for the U.S. Pet Furniture Market. Pet owners see furniture as important for proper rest, exercise and expressing natural behaviors. Changing lifestyles where singles and families with no children are getting more pets also boost the demand. Further, growing pet humanization and premiumization trends continue to create opportunities for innovative products.

PEST Analysis

Political: The increase in nuclear families has led to pets becoming integral members of households. Laws governing pet wellness and access to quality pet care products are being made stringent.

Economic: Rising disposable incomes and dual-income households have increased focus on pet wellness. Consumers are willing to spend more on premium pet products that ensure the happiness and comfort of their furry companions.

Social: Pet humanization is a strong trend where pets are considered as family members rather than mere animals. Social media influencers regularly showcase how they pamper their pets, driving demand for pet accessories and furniture.

Technological: Advancements in material science have led to the development of breathable, stain-resistant and long-lasting fabrics for pet furniture. Some producers are adding technologies like self-warming and cooling features for pets’ comfort.

Major Market Regions

The Western states like California and Washington accounted for over 35% value share of the U.S. pet furniture market in 2024 due to high pet ownership rates and disposable incomes. The region has witnessed rapid growth in premium pet supplies retail outlets.

The Southern states like Texas and Florida have emerged as the fastest growing markets on account of their large and young populations increasingly adopting pets. E-commerce has enabled customization and accessibility of unique pet products to new pet owners in these regions.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it