The Animals Wearing Clothes industry was 735.00 million USD in 2017 and is projected to reach USD 920.49 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 2.87% between 2017 and 2025.
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The market for Animals Wearing Clothes is highly fragmented with players such as Hurtta, Weatherbeeta, Ruffwear, Canine Styles, Mungo & Maud, LAZYBONEZZ, RC Pet Products, Ultra Paws, Muttluks, Walkabout Harnesses, Kurgo, fabdog, Ralph Lauren Pets, Ruby Rufus, Moshiqa, Foggy Mountain Dog Coats, Chilly Dogs, Equafleece and so on.
North America is the largest market with about 56% revenue share in 2017. More than 160 million pet cats and dogs in American homes have spurred an industry complete with designer clothing, cages, beds, food, collars and leashes.
The Animals Wearing Clothes market is characterized by the presence of many vendors. These vendors are increasingly competing against each other based on factors such as access to raw materials, economies of scales, product innovations, and ability to recycle as the cost of raw materials is very high. Vendors in Animals Wearing Clothes market are focusing on gaining faster access to the raw materials and lowering the manufacturing costs of Animals Wearing Clothes. They are also focusing on customization of products as per end-user industries.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The Global Animals Wearing Clothes Market Research Report 2017 report released by QYResearch provides a basic overview of the Animals Wearing Clothes industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Animals Wearing Clothes industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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