The global pet furniture market is forecast to register a CAGR of 5.8% over the next five years.
The popularity of customised pet furniture is gaining traction in the market and the trend for treating pets as family members is also rising globally, according to ResearchAndMarket.com’s new report, ‘Pet Furniture Market – Growth, Trends, Covid-19 Impact, and Forecasts (2021 – 2026)’.
“The millenials, new age pet parents, feel their four-legged children should also have well-furnished homes having their own set of furniture like their owners, which makes more comfortable, durable, and stylish pet accessories/ furniture which do not disturb the aesthetic sense of home.”
Customisation holds more appeal to the customers as it adds a personal touch to the pet furniture and this factor will play a large role in the growth of the pet furniture market, the reports predicts. Organic or or natural materials are also becoming increasingly important.