Pet Products Market By Product Type (Feeding, Bedding, Playing and Chewing Toys, Leashes and Collars, Cages, Crates and Carriers ) - Growth, Future Prospects & Competitive Analysis, 2017- 2025

Owning pets (primarily cats and dogs) is increasingly becoming a mainstream hobby across several regions worldwide. Due to immense benefits for physical, mental as well as emotional health, people are now more inclined towards owning pets. Moreover, pet owners are now observed to spend more money than ever on related pet products and services. Today, pets are more considered as a family member, leading to higher demand for quality pet food and related products. This has been one of the major factors driving the pet products market. Pet products refer to accessories (excluding food and medicine) used for pet wellbeing as well as convenience to the pet owner. These may include feeding bowls/trays, bedding equipment, toys, collars and leashes, cages and several others.

One of the most prominent factors driving the pet products market growth is the consistently rising expenditure over pet products across the world. With the growing inclination of people towards owning a pet, the demand for related products is estimated to remain strong in the following years. For instance, as of 2016, nearly half of the total number of households in the U.S. own a pet, making the country a huge market for related pet food and products. Another major factor fueling the market growth is the growing discretionary income of the people worldwide. Due to growing emotion towards ‘pet as a family member’, people are now more actively spending over pet accessories so as to ensure their optimum comfort and health. Availability of variety of designs and styles in pet products too plays a prominent role in the driving the market growth. All of the above factors are estimated to ensure a healthy growth across the pet products market over the following years.

Pet Products Market

The report titled “Global Pet Products Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global pet products market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on product type and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report covers a section providing production and pricing trends in some of the major markets.

In order to help strategic decision makers, the report also includes competitive profiling of the leading providers of pet products, market positioning and key developments. Some of the major players profiled in the report are Ancol Pet Products Limited, Beaphar International, Ferplast S.p.A., Rolf C. Hagen, Inc., Rosewood Pet Products, Hartz Mountain Corporation, Larz Dog Products, Planet Dog, Inc., Mammoth Pet Products and RC Pet Products Limited.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the pet products industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)

Overall, the research study provides a holistic view of the global pet products market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

The global pet products market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Rest of North America\
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East and Africa (MEA)
    • Latin America

 Pet Products Market

As of 2016, the global pet products market was dominated by the North America region. The region accounted for more than 40% of the global revenue in the same year. The market here is primarily backed by the U.S., contributing to more than 80% of the overall regional revenue. More than 50% of the households in the U.S. own a pet, with cats and dogs being the majority of pets owned. This makes the U.S. a huge marketplace for related pet products such as food, medicines and accessories. Due to continually growing expenditure over pet related products since the past few years, the pet products market here is set to continue dominating the global industry over the forecast period. Nevertheless, Asia Pacific is poised to register the highest growth in the overall pet products market worldwide. Rising economic growth here and awareness regarding pet owning has substantially driven the pet industry here. Subsequently, the region would register high growth in the market over the forecast period.

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Published Date:  Oct 2017
Category:  Technology & Media
Report ID:   58758
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
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