July 12, 2024
Global Pet Accessories Strategic Business Report 2023:

Dublin, July 04, 2023 (GLOBE NEWSWIRE) — The “Pet Accessories: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Pet Accessories estimated at US$32.7 Billion in the year 2022, is projected to reach a revised size of US$55.4 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030.

Pet Toys, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$24.7 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Other Products segment is readjusted to a revised 6.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $12.9 Billion, While China is Forecast to Grow at 8.9% CAGR

The Pet Accessories market in the U.S. is estimated at US$12.9 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Select Competitors (Total 167 Featured) –

  • Ancol Pet Products Limited
  • Beeztees
  • Cycle Dog
  • Petmate (Doskocil Manufacturing Company, Inc.)
  • Ferplast S.p.A.
  • Honest Pet Products
  • Innovation Pet, Inc.
  • MidWest Homes for Pets
  • Central Garden & Pet Company
  • Petstages, Inc.
  • Rolf C. Hagen, Inc.
  • Rosewood Pet Products
  • Spectrum Brands Holdings, Inc.
  • Simply Fido LLC
  • The Hartz Mountain Corporation
  • Worldwise, Inc.

Key Attributes:

Report Attribute Details
No. of Pages 373
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $32.7 Billion
Forecasted Market Value (USD) by 2030 $55.4 Billion
Compound Annual Growth Rate 6.8%
Regions Covered Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • How the Year 2020 Was a Year of Astounding Disruption & Unbelievable Transformation
  • COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
  • As Mass Vaccination Drives Get Underway Worldwide, Will It Change the Existing Economic Realities? & Is it Really the Silver Bullet We Were Waiting For?
  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of COVID-19 Vaccinations (Per 100 People) As of February 2021 by country
  • Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • COVID-19 Impact on Pet Accessories Market
  • COVID-19 Impact on Pet Accessories Market
  • Pet Accessories Market Set for a Rapid Growth, Post COVID-19
  • US and Europe Dominate the Regional Landscape
  • Global Millennial Population by Select Country in Million: 2019
  • Asia-Pacific (including China) Emerge as the Fastest Growing Region
  • Population of Pet Owners in China (2020): Percentage Share of People Living with Dogs, Cats, Aquatic Animals, Rodents and Reptiles
  • Increase in Pet Ownership to Spur Market Growth
  • Global Pet Population: Number of Dogs and Cats in Million for the Years 2018 and 2021
  • Pet Facts around the World: Snapshot
  • Dogs & Cats: Major Categories of Pet Accessories Market
  • Global Pet Dog Population (2021): Number of Pet Dogs by Select Countries (in Million)
  • Global Pet Cat Population (2021): Number of Pet Cats by Select Countries (in Million)
  • Pet Toys – A Key Growth Driver for the Pet Accessories Market
  • Interactive Toys Find Favor among Pet Owners
  • Popular Dog Toys in Brief
  • Popular Cat Toys in Brief
  • Competitive Landscape
  • Pet Accessories – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Recent Market Activity
  • Innovations
  • WORLD BRANDS

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Increasing Spending on Pets across Countries to Benefit Pet Accessories Market
  • Pet Humanization – A Pivotal Growth Driver for Pet Accessories Market
  • Rise in Preference for Natural and Environment Friendly Pet Accessories
  • Sustainable Pet Products Increases in Popularity
  • Premiumization Bodes Well for Market Growth
  • Growing Trend of Customization in Pet Accessories
  • Technological Innovations and New Product Developments Maintain Growth Momentum
  • Innovations in Dog Toys
  • Robotic Cameras Gain Traction
  • Advent of Smart Pet Accessories: A Key Trend
  • Wearable Pet Devices Witness Increasing Popularity
  • As the Trendsetter in Pet Industry, Steadily Expanding Demand for Pet Wearables in the US to Benefit Demand for Smart Collars: US Pet Wearable Market (In US$ Million) for the Years 2018, 2021 & 2023
  • Pet Dogs Used as Stress Buster in Organizations
  • Pet Grooming Products Gain Increased Popularity
  • Covid-19 Transforms the Pet Grooming Landscape
  • All Natural, Organic, Botanical Pet Grooming Products
  • Competitive Landscape
  • Offline Distribution Leads, Online Soars in Popularity
  • Pet Collars and Beds – Significant Revenue Generators
  • Select Flea Collars
  • Select Cat Collars
  • Select Smart Collar/ Tracking Devices for Cat
  • Select Dog Bed Types
  • E-Commerce Registers Dramatic Growth
  • Global Pet Care E-Commerce Market by Product Type (in %): 2020E
  • Online Channels Emerge as Bright Spot
  • Robopets Make Foray into the Pet Accessories Market
  • Pet Shampoo Market Moves Ahead to Witness Shiny, Bright Years Ahead
  • Dog Products & Commercial Segments Rule Global Pet Shampoo Market
  • Pet Furniture Market Registers Rapid Growth
  • Customized Pet Furniture Wins Big
  • Pet Care Goes Digital
  • Fashionable & Multifunctional Pet Accessories Make a Cut
  • Growing Urbanization and Middle Class Population in Developing Regions Enhance Prospects
  • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050
  • Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/h9dzuh

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