Why the Luxury Market for Pets Is Exploding

Pampered pooches and coddled cats are getting treated better than ever.

Pet owners in the UK are spending almost £500 ($620) a year on luxury items for their furry friends in a skyrocketing luxury pet market, according to data from MoneySuperMarket. These purchases included designer clothing, luxury beds, toys, and even gourmet treats.

One of the biggest reasons for the augmented interest is the fact that more people have pets due to Covid-19, Forbes reported. But a surprising trend emerging from those pandemic pooches is putting Fido first.

“People enjoy spoiling their dogs because it makes them feel better, and

Pet Care Market Growth is Driven by Increasing Health Focus

NEWARK, Del., Aug. 21, 2023 (GLOBE NEWSWIRE) — The Global Pet Care Market is predicted to be valued at US$ 211.1 Billion in 2023 and US$ 430 Billion by 2033. Over the projection period, sales in the pet care market are expected to increase at a CAGR of 7.4%. The integration of technology into pet care is an avenue that remains largely unexplored. From wearable health trackers and smart feeding solutions to virtual pet healthcare platforms, the intersection of pets and technology offers limitless potential.

The rising wave of eco-consciousness extends to pet care. Biodegradable waste products, sustainable