Pet Accessories Market Size Expected to Grow by USD 9.20 Billion | Technavio |

NEW YORK, March 30, 2022 /PRNewswire/ — According to the report “Pet Accessories Market by Distribution Channel, Product, End-User and Geography – Forecast and Analysis 2021-2025”, the market grew at a CAGR of 5.70% in 2021 and a CAGR of 6% over the forecast period. The report is segmented by Product (Pet Toys and Others), End User (Dogs, Cats and Others), Distribution Channel (Offline and Online) and Geography (North America, EuropeACPA, South Americaand MEA).

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Market scope

The Pet Accessories market report covers the following areas:

Supplier Information

The Pet Accessories market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

  • Ancol Pet Products Ltd.
  • Spa Ferplast
  • Inter IKEA Holding B.V.
  • Laroy Group
  • Pets Choice Ltd.
  • Rolf C. Hagen Inc.
  • Rosewood Pet Products Ltd.
  • Spectrum Brands Holdings Inc.
  • Unicharm Corp.

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Geographic Market Analysis

North America will provide maximum growth opportunities in the pet accessories market over the forecast period. According to our research, the region will contribute 35% of the global market growth over the forecast period. The United States is the key market for the pet accessories market in North America.

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Analysis of key segments

The growth of the pet accessories market share by the pet toys segment will be significant during the forecast period. Pet owners prefer toys such as fishing rod toys for their pets. The market is growing on a large scale due to factors such as product variations and the availability of numerous options. The demand for natural and organic pet toys is increasing as they are considered safe for pets.

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Key Market Drivers and Challenges:

the increase in the number of people with pets focuses on the market. Subsequently, investment by pet owners in catering and grooming services increased. During the forecast period, the number of people owning pets such as cats and dogs is expected to increase in both developed and developing countries.

Growing awareness of pet allergies challenges the market in short. Many animals carry harmful bacteria due to exposure to wind and water pollution. These diseases are often transmitted to humans, especially children. Additionally, many people are sensitive to dog dander, saliva, and urine, which can cause their immune system to react abnormally. These factors tend to limit pet adoption and negatively impact overall sales of pet care products.

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Highlights

  • Market CAGR over the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the Pet Accessories market over the next five years
  • Estimation of the Pet Accessories market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the pet accessories market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Complete details of the factors that will challenge the growth of the Pet Accessories Market vendors

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Pet Accessories Market Scope

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 6%

Market Growth 2021-2025

$9.20 billion

Market structure

Fragmented

Annual growth (%)

5.70

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 35%

Main consumer countries

United States, United Kingdom, Germany and France

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

Ancol Pet Products Ltd., Ferplast Spa, Inter IKEA Holding BV, Laroy Group, Pets Choice Ltd., Rolf C. Hagen Inc., Rosewood Pet Products Ltd., Spectrum Brands Holdings Inc. and Unicharm Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Pet Toys – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by product

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Dogs – Market size and forecast 2020-2025
  • Cats – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by end user

Market segmentation by distribution channel

  • Market segments
  • Comparison by distribution channel
  • Offline – Market size and forecast 2020-2025
  • Online – Market size and forecast 2020-2025
  • Market opportunity by distribution channel

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Overview
  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Ancol Pet Products Ltd.
  • Spa Ferplast
  • Inter IKEA Holding B.V.
  • Laroy Group
  • Pets Choice Ltd.
  • Rolf C. Hagen Inc.
  • Rosewood Pet Products Ltd.
  • Spectrum Brands Holdings Inc.
  • OurPet’s Co.
  • Unicharm Corp.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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