-
Pet Beds to Start Your Business
With the rapid development of the global pet industry, the pet products industry has also ushered in substantial growth. It is estimated that by 2023, the global pet products market will reach 47.28 billion U.S. dollars. Pet business owners are lucky (or smart) to work in an industry with such an upward trend and market need. You can capitalize on this and grow your business by researching local demographics, diversifying your product offering if your business is too niche, and freshening up your marketing strategies to reach a younger audience. Finding the right products can be a challenge. Therefore, I decided to throw one kind of product, the demand for which has actively grown in 2020 and 2021. You can take them and start your offline and online stores. Tha...Read more -
Pet Clothing Business
Humans were not always friendly with any kind of mammal, reptile, avian, or aquatic animal. But with long-term coexistence, humans and animals have learned to depend on each other. Indeed, it has come to the point that humans consider animals not just as helpers but as companions or friends. Humanization of pets such as cats or dogs has led their owners to treat their pets as family. The owners want to dress their pets according to the pet’s breed and age. These factors are also projected to boost the market growth in the coming years. According to American Pet Products Manufacturers Association (APPMA), pet owners in the U.S. are expected to spend more on their pets every year. This is further projected to boost the pet clothing market over the forecast period...Read more -
Pet Supplies Industry Trends
According to the State of the Industry Report of the American Pet Products Association (APPA), the pet industry has reached a milestone in 2020, with sales reaching 103.6 billion U.S. dollars, a record high. This is an increase of 6.7% from the 2019 retail sales of 97.1 billion U.S. dollars. In addition, the pet industry will see explosive growth again in 2021. The fastest growing pet companies are taking advantage of these trends. 1. Technology-We have seen the development of pet products and services and the way to serve people. Like people, smart phones are also contributing to this change. 2. Usability: Mass retailers, grocery stores, and even dollar stores are adding high-quality pet clothing, pet toys, and other produc...Read more
