
Report ID: SQMIG35E2047
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to pet accessories market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Pet Accessories Market size was valued at USD 26.45 Billion in 2023 and is poised to grow from USD 28.43 Billion in 2024 to USD 50.7 Billion by 2032, growing at a CAGR of 7.5% during the forecast period (2025-2032).
The pet accessories market is characterized by the mix of established players, many new entities, and specialized brands. Companies are expanding their portfolios in the market by launching innovative and attractive pet care products. Many established players are also trying to widen their customer base by catering to not only the common pet types like dogs and cats but also to guinea pigs, rabbits, birds, fishes, etc. There is also a trend of partnerships and collaborations with luxury fashion brands for launching premium pet care products. Numerous startups focus on offering niche and specialized products, eco-friendly items and smart devices for pets. The key to success in the pet accessories industry involves a combination of product innovation, effective marketing, and an understanding of pet owners' changing needs and preferences. 'Nestlé Purina Petcare (Switzerland) ', 'Mars Petcare Inc. (United States) ', 'Hill's Pet Nutrition, Inc. (United States) ', 'Spectrum Brands Holdings, Inc. (United States) ', 'Petco Animal Supplies, Inc. (United States) ', 'PetSmart, Inc. (United States) ', 'Central Garden & Pet Company (United States) ', 'Beaphar (Netherlands) ', 'Aller Petfood AS (Norway) ', 'Petmate Holdings Co. (United States) ', 'Rosewood Pet Products Ltd. (United Kingdom) ', 'Rolf C. Hagen Group (Canada) ', 'Ancol Pet Products Limited (United Kingdom) ', 'HUNTER International GmbH (Germany) ', 'Kong Company LLC (United States) ', 'Chuckit! (United States) ', 'Nylabone Products (United States) ', 'Ethical Products, Inc. (United States) ', 'Flexi USA Inc. (United States) ', 'Rogz (South Africa)'
Pets are considered family members in most families, and hence the demand for good quality and attractive toys, grooming accessories, clothes, etc. comes into play.
Premium Pet Products: Pet owners are increasingly investing in high-quality and premium pet accessories. This includes designer pet clothing, gourmet pet treats, and luxury pet furniture. Multiple luxury brands are doing partnerships with pet product brands or launching their own accessories collections. Pet owners are also looking out for unique and tailor-made products, including personalized pet beds, engraved collars, and customized apparel. Hence, customized pet products are on the rise.
The dominating region in the global Pet accessories market is North America & Canada, which holds a significant market share. The dominance of this region is largely due to the high rate of pet ownership, string pet humanization trends, better pet training centers, availability of better vet clinics and a well-established pet care market. Moreover, the existence of multiple key players like PetSmart, Petco Animal Supplies, Chewy, Kong Company also drives the growth in this segment.
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Report ID: SQMIG35E2047
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