Pet Accessories Market Size, Share, Growth Analysis, By Type(Portable and non-portable), By Power Source(Batteries, Generators), By End User(Land-based Military, Air-based Military and Naval-based Military) - Industry Forecast 2024-2031

​​​Global Pet Accessories Market size was valued at USD 24.6 Billion in 2022 and is poised to grow from USD 26.45 Billion in 2023 to USD 47.16 Billion by 2031, at a CAGR of 7.5% during the forecast period (2024-2031).

The global pet accessories market has seen a huge rise in recent times, especially in countries like UK, USA, France, Switzerland, Germany, Italy, Japan, China and others. The increasing availability of different attractive accessories catering to this large consumer base has led to market growth. Accessories include different kinds of toys, grooming essentials (like shampoo, conditioner, toothpaste), clothes, bedding, and muzzle, collars, harnesses.

Rise in the millennial population as pet owners, humanization of pets, increased knowledge on pet care, emotional aspects of pets, physical and mental wellbeing of pet keeping, increasing disposable income, lifestyle, even social media marketing are the key factors which are driving this market today. According to the American Pet Products Association, about 85 million homes own a pet, with pet ownership increasing from 56 % to 68 % in the last 30 years. Key manufacturers in the pet accessories market have taken to social media marketing at large to connect with their consumer base. Global pet events are conducted to encourage participation from pet owners, which creates a sense of community among customers. However, there is also increased competition, government restrictions, animal right organizations and rising cost of accessories which hinder the growth of this market.