Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) — The “Pet Accessories – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s providing.
Global Pet Accessories Market to Reach $55.4 Billion by 2030
The world marketplace for Pet Accessories estimated at US$32.7 Billion within the 12 months 2022, is projected to achieve a revised measurement of US$55.4 Billion by 2030, rising at a CAGR of 6.8% over the evaluation interval 2022-2030.
Pet Toys, one of many segments analyzed within the report, is projected to report 7.4% CAGR and attain US$24.7 Billion by the top of the evaluation interval. Growth within the Other Products section is estimated at 6.4% CAGR for the following 8-year interval.
The U.S. Market is Estimated at $12.9 Billion, While China is Forecast to Grow at 8.9% CAGR
The Pet Accessories market within the U.S. is estimated at US$12.9 Billion within the 12 months 2022. China, the world’s second largest economic system, is forecast to achieve a projected market measurement of US$7.9 Billion by the 12 months 2030 trailing a CAGR of 8.9% over the evaluation interval 2022 to 2030.
Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 5.8% and 5.9% respectively over the 2022-2030 interval. Within Europe, Germany is forecast to develop at roughly 6.2% CAGR.
What`s New?
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Special discussions on the worldwide financial local weather and market sentiment
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Coverage on world competitiveness and key competitor share market shares
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Market presence evaluation throughout a number of geographies – Strong/Active/Niche/Trivial
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Online interactive peer-to-peer collaborative bespoke updates
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Access to digital archives and trademarked analysis platform
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Complimentary updates for one 12 months
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Access to curated YouTube video transcripts of market sentiments shared by CEOs, area specialists and market influencers by way of interviews, podcasts, press statements and occasion keynotes
MARKET OVERVIEW
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COVID-19 Impact on Pet Accessories Market
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Pet Accessories Market Set for a Rapid Growth, Post COVID-19
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US and Europe Dominate the Regional Landscape
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Global Millennial Population by Select Country in Million: 2019
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Asia-Pacific (together with China) Emerge because the Fastest Growing Region
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Population of Pet Owners in China (2020): Percentage Share of People Living with Dogs, Cats, Aquatic Animals, Rodents and Reptiles
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Increase in Pet Ownership to Spur Market Growth
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Global Pet Population: Number of Dogs and Cats in Million for the Years 2018 and 2021
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Pet Facts across the World: Snapshot
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Dogs & Cats: Major Categories of Pet Accessories Market
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Global Pet Dog Population (2021): Number of Pet Dogs by Select Countries (in Million)
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Global Pet Cat Population (2021): Number of Pet Cats by Select Countries (in Million)
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Pet Toys – A Key Growth Driver for the Pet Accessories Market
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Interactive Toys Find Favor amongst Pet Owners
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Popular Dog Toys in Brief
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Popular Cat Toys in Brief
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Competitive Landscape
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Pet Accessories – Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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Recent Market Activity
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Innovations
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WORLD BRANDS
MARKET TRENDS & DRIVERS
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Increasing Spending on Pets throughout Countries to Benefit Pet Accessories Market
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Pet Humanization – A Pivotal Growth Driver for Pet Accessories Market
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Rise in Preference for Natural and Environment Friendly Pet Accessories
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Sustainable Pet Products Increases in Popularity
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Premiumization Bodes Well for Market Growth
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Growing Trend of Customization in Pet Accessories
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Technological Innovations and New Product Developments Maintain Growth Momentum
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Innovations in Dog Toys
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Robotic Cameras Gain Traction
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Advent of Smart Pet Accessories: A Key Trend
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Wearable Pet Devices Witness Increasing Popularity
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As the Trendsetter in Pet Industry, Steadily Expanding Demand for Pet Wearables within the US to Benefit Demand for Smart Collars: US Pet Wearable Market (In US$ Million) for the Years 2018, 2021 & 2023
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Pet Dogs Used as Stress Buster in Organizations
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Pet Grooming Products Gain Increased Popularity
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Covid-19 Transforms the Pet Grooming Landscape
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All Natural, Organic, Botanical Pet Grooming Products
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Competitive Landscape
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Offline Distribution Leads, Online Soars in Popularity
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Pet Collars and Beds – Significant Revenue Generators
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Select Flea Collars
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Select Cat Collars
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Select Smart Collar/ Tracking Devices for Cat
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Select Dog Bed Types
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E-Commerce Registers Dramatic Growth
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Global Pet Care E-Commerce Market by Product Type (in %): 2020E
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Online Channels Emerge as Bright Spot
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Robopets Make Foray into the Pet Accessories Market
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Pet Shampoo Market Moves Ahead to Witness Shiny, Bright Years Ahead
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Dog Products & Commercial Segments Rule Global Pet Shampoo Market
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Pet Furniture Market Registers Rapid Growth
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Customized Pet Furniture Wins Big
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Pet Care Goes Digital
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Fashionable & Multifunctional Pet Accessories Make a Cut
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Growing Urbanization and Middle Class Population in Developing Regions Enhance Prospects
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World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050
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Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
FOCUS ON SELECT PLAYERS(Total 167 Featured)
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Bed Bath & Beyond, Inc.
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Armitage Pet Care
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DoggyMan H.A. Co., Ltd.
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Canine Styles, Inc.
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Ancol Pet Products Limited
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Bob Martin UK Ltd
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Doskocil Manufacturing Company, Inc. (dba Petmate)
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Dalian Wanda Group
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Dogline
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EzyDog Australia Pty Ltd.
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Dobbies Garden Centres Limited
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Fetch Pet Products, LLC.
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Coastal Pet Products, Inc.
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Formula One Licensing BV
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CAROLE MARTIN COMFORT WEAR
For extra details about this report go to https://www.researchandmarkets.com/r/qzkr8b
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