Global Pet Accessories Strategic Business Report 2023: Increasing Spending on Pets across Countries to Benefit Pet Accessories Market

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Global Market for Pet Accessories

Global Market for Pet Accessories

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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• Global Market for Pet Accessories

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