Millennials Spend A Ton On Their Pets. Here’s Where That Money Is Going

The Dog Bed Market Is Expanding

a yorkshire terrier in a red dog bed
Joe Giddens/PA Images via Getty Images
Joe Giddens/PA Images via Getty Images

Forbes announced that the pet retail market is continuing to grow with one of the top trends being luxury pet beds. Pets are usually considered members of the family, especially for millennials, so they are treated just the same. Many pet owners look for beds that are not only comfortable for their “fur baby,” but are also stylish without taking up too much space.

Numerous pet retailers have created thousands of beds for owners to choose from, but now they’re including features that the millennial age group gravitates toward. This includes sustainability and some sort of stylish wow-factor.