Pet Toys Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032 Segmented By Product Type (Plush Toys, Rope and Tug Toys, Balls, Chew Toys, Others), By Pet Type (Dog, Cat, Birds and Others), By Material Type (Rubber, Cotton, Nylon, Plastic and Others), By Size (Small, Medium, Large), By Distribution Channel (Supermarkets/Hypermarkets, Pet Specialty Stores, Groomers Mall,
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPet Toys Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032 Segmented By Product Type (Plush Toys, Rope and Tug Toys, Balls, Chew Toys, Others), By Pet Type (Dog, Cat, Birds and Others), By Material Type (Rubber, Cotton, Nylon, Plastic and Others), By Size (Small, Medium, Large), By Distribution Channel (Supermarkets/Hypermarkets, Pet Specialty Stores, Groomers Mall,
The global pet toys market is expected to grow with an impressive CAGR during the forecast period. Pet toys are essentially toys made specifically for pets that will stimulate their bodies and minds. These interactive toys keep the pets entertained and stop them from chewing, biting, and scratching the couch, shoes, furniture, and other items. These are also used to train animals and humanize them. In 2021, the cat population across the globe will be more than 400 million.
The need for pet toys is likely to experience a never-before rise as pet owners become more aware of the importance of giving their dogs some physical activity. The growing voice of animal rights organizations urging for the proper care and mental stimulation of companion animals is anticipated to boost sales and push the demand on a highly positive note.
Increased spending on pet accessories and other auxiliary items is likely to combine with pet adoption, the main factor driving sales, and produce an enormous boost. The amount of spending from enthusiastic pet owners leads the list of compelling factors due to their propensity to spend a lot of money on comforting pet devices, making millennials the highest potential customers.
Growing Trend of Pet Humanization and Pet Welfare is further Fueling the Market Growth
Consumer spending on pet toys is anticipated to increase due to the growing trend of pet humanization. Because they are easier to humanize and, in comparison to larger animals, more people are choosing to adopt cats, dogs, and other pets. Pet owners are willing to spend a significant amount of money to give their dogs the best living conditions. Pet toys like plush toys, ropes and tug toys, pet balls, and chew toys have become more popular. Most pet owners consider their animals to be members of their families. As more people learn about the needs and welfare of animals, pet toys are growing in popularity which fuels the growth and the market of pet toys.
Launching of New Products is Boosting the Market Growth
Companies are focusing on launching new innovative pet toys for the entertainment of pets. For instance, Beco has launched new durable, recycled toys for dogs of all sizes for the welfare and enjoyment. The latest rough & tough line of toys from the company can withstand even the most ferocious chewing and wrestling during playtime. Each toy in the collection is made from various rigid, recycled materials, including up to six recycled plastic bottles. The company offered 11 new collectible toys featuring characters like crabs, octopuses, koalas, kangaroos, sharks, puffins, and even narwhals.
Rising Spending by Pet Owners Propels Market Growth
Pet owners are spending more money on pet toys and accessories to ensure that their pets are active. Pet owners are choosing pet toys due to growing concerns about pet care and a desire to keep their animals busy. The demand for toys that train pets is also increasing due to social-cognitive changes in animals after training. These elements significantly expand the market for pet training aids and toys worldwide.
Market Segmentation
Company Profile
Central Garden & Pet Company, Cosmic Pet, Zippy Paws, Radio Systems Corporation, Kyjen Company, LLC, Benebone LLC, Coastal Pet Products, Inc., Ethical Products, Inc., Petmate, Fluff and Tuff, Inc. are
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Billion and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Product Type · Pet Type · Material Type · Size · Distribution Channel · Region |
Regional Scope | North America, Europe, Asia-Pacific, Middle East & Africa, and South America |
Country Scope | United States; Canada; Mexico; France; Germany United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia, South Africa; Saudi Arabia; UAE; Turkey; Brazil; Argentina; Colombia |
Key Companies Profiled | Central Garden & Pet Company, Cosmic Pet, Zippy Paws, Radio Systems Corporation, Kyjen Company, LLC, Benebone LLC, Coastal Pet Products, Inc., Ethical Products, Inc., Petmate, Fluff and Tuff, Inc., etc. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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