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2024.11.23
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The holiday shopping season in the U.S. has begun with a flurry of activity, from the end of Halloween to the upcoming Thanksgiving, Black Friday, Cyber Monday, Christmas, and New Year’s Eve. Consumers are flocking to both physical stores and online platforms in search of deals on various products. Pet products, a category that more consumers are willing to invest in, are seeing a significant demand peak. This article provides a deep dive into the 2024 U.S. holiday shopping trends, analyzes the demand for pet products like heated dog houses, and offers strategic recommendations for businesses to innovate and stay competitive.
According to the National Retail Federation (NRF), consumer spending is expected to reach record highs this winter holiday season. The 2024 holiday sales are projected to grow by 2.5% to 3.5% compared to 2023, reaching $979.5 billion to $989 billion, up from $955.6 billion last year.
Figure Source: NRF, Steady Sales Growth Expected for 2024 Holiday Season, https://nrf.com/media-center/press-releases/steady-sales-growth-expected-2024-holiday-season-according-nrf (accessed November 23, 2024)
In terms of per capita spending, consumers are expected to spend $902 on gifts, food, decorations, and other seasonal items, marking an increase of $25 compared to last year. This indicates overall prosperity in the holiday economy. Additionally, pet products are no longer considered “non-essential” items but are steadily climbing the ranks of popular items on consumers’ holiday shopping lists.
Figure Source: NRF, 2024 Holiday Spending Expected to Reach New Record, https://nrf.com/media-center/press-releases/2024-holiday-spending-expected-reach-new-record (accessed November 23, 2024)
According to NRF data, the following product categories dominate consumers’ wish lists:
In the pet product sector, consumers are showing strong interest in the following categories:
Consumers’ demand for pet products is shifting from basic needs to technology-driven and high-end solutions. The following smart pet products are highly favored in the 2024 holiday shopping season:
Among these, the cold-weather dog house is especially popular in 2024. As winter increases the demand for pet warmth, smart dog houses featuring excellent temperature control and technological functions are capturing consumers’ attention. These products not only provide a safe and comfortable living space for pets but also offer convenient management for pet owners through smart features.
As consumers’ needs evolve, the demand for traditional dog crates has significantly decreased. More consumers are turning to comprehensive, smart pet houses as replacements. Especially during the winter, traditional dog crates fall short in providing adequate warmth, causing a further decline in market share.
As consumers become more concerned about pet health and comfort, the demand for functional, well-designed smart dog houses is on the rise. These dog houses feature intelligent temperature control systems, air purification, and easy-to-use smart management features, significantly enhancing the quality of life for pets.
For instance, the SPH(Smart Pets Home) Smart Cold-Weather Dog House introduces a new ventilation system and integrates smart door functionality:
Compared to traditional dog crates, the SPH Smart Cold-Weather Dog House not only offers superior comfort but also meets modern consumers’ demands for aesthetic and technological sophistication. This shift in the market highlights the growing trend of smart pet products during the holiday season, offering valuable insights for businesses in terms of product innovation and marketing strategies.
In response to the surge in demand for pet products during the holiday shopping season, pet industry companies can take the following actions:
The 2024 U.S. holiday shopping season will see a significant rise in demand for pet products, especially in the areas of pet food, smart products, and high-end custom solutions. The SPH Smart Cold-Weather Dog House stands out as the perfect winter solution for pets and their owners. By continuously innovating and aligning with market trends, companies can stand out during the holiday shopping rush.
1874 S Upham Street Lakewood CO 80232 US
+1(321) 437-2859
Chris Liu
+1(321) 437-2859