Pet accessories market size to grow by USD 13,243.92 million from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Jan. 10, 2023 /PRNewswire/ -- Technavio categorizes the global pet accessories market as a part of the global leisure products market within the global household durables market. The parent market, the global leisure products market, covers a variety of categories, including sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games. The global pet accessories market size is estimated to increase by USD 13,243.92 million. The market's growth momentum will progress at a CAGR of 6.2%.

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Global pet accessories market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global pet accessories market – Vendor analysis
Vendor Landscape - The global pet accessories market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer pet accessories in the market are Ancol Pet Products Ltd., Blueberry Pet, Designer Pet Products, Dobbies Garden Centres Ltd., Ferplast Spa, Hagen Group, Inter IKEA Holding BV, KandH Pet Products, Laroy Group, Petcraft, Pets Choice Ltd., Platinum Pets, Prevue Pet Products, Rosewood Pet Products Ltd., Spectrum Brands Holdings Inc., Tailpetz, Unicharm Corp., Ware Manufacturing Inc., Go Pet Club, and Honest Pet Products LLC and others.
The global pet accessories market is at its growing stage. This implies that the market in focus is characterized by an increase in the number of people owning pets and increased spending on pets, the availability of a wide range of fashionable and multifunctional pet accessories, and technology innovation and portfolio extension leading to product premiumization.

• Ancol Pet Products Ltd.: The company offers pet accessories under brands such as Classic Leather, Paws for the earth, Cooling, Small Bite, and Heritage Collection. 
• Blueberry Pet: The company offers pet accessories such as apparel, toys, beds, leashes, harnesses, collars, and pendants. 
• Designer Pet Products: The company offers pet accessories such as litter boxes, furniture, scratch furniture, bed, and perches. 
• Dobbies Garden Centres Ltd.: The company offers pet accessories such as green and wilds fallow large, joules nautical collar and neckerchief, all for paws little buddy warm bear, kong classic red small and Catit flower fountain with a led nightlight. 
• Ferplast Spa: The company offers pet accessories named such as Vogue CS, Multipla Hamster Large, Daytona Deluxe P, Multipla Maxi and Multipla Base Extension. 
• For Details on the vendor and its offerings – Buy the report!

Segment overview
Technavio has segmented the market-based end-user (dogs, cats, and others), product (pet toys and others), distribution Channel (offline and online), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The market share growth of the dog segment will be higher than the other segments during the forecast period. Dogs require a lot of room and care. Working couples with nuclear families frequently purchase dog furniture. Additionally, they are highly preferred by residents of apartments who do not have gardens or porches for their pets to live in. These elements are therefore expected to propel the segment during the forecast period.

Geography overview
By geography, the global pet accessories market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global pet accessories market.

• North America will account for 43% of the market's growth during the forecast period. The high level of interest in pet ownership in nations such as the United States, Canada, and Mexico is driving market expansion in this area. Owing to the increasing population of elderly people that like companionship, the adoption rate of pets is high. Pet owner considers their pet to be a member of their family. As a result, North America has the highest expenditure on premium and luxury pet accessories other than pet food. Thus, the regional market is expected to grow during the forecast period.

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Leading drivers - The availability of a wide range of fashionable and multifunctional accessories for pets is notably driving growth. To meet pet owners' desires, vendors are experimenting with creative ways to combine various features and designs. They are creating furniture and accessories that blend in with interior design while maintaining high aesthetic value. Traditional pet furniture was limited in its uses. However, modern furniture like beds, sofas, gates, crates, and trees is made to mix in with other pieces of furniture in the house. It is useful and complements other interior design elements well. Vendors also focus on the development of multifunctional products. Furthermore, factors like an increase in the number of people owning pets and increased spending on pets, and technology innovation and portfolio extension leading to product premiumization will drive the market growth during the forecast period.

Key trends - The advent of smart accessories is a major trend driving the pet market. Vendors have released a range of smart accessories, including connected pet collars, smart beds, and pet food. The participants make R&D investments to create smart pet furniture to appeal to wealthy customers. These smart beds monitor the weight, rest, and activity of the animals and provide thermostatic climate management to keep them as safe and comfortable as possible. The smart bed includes a built-in scale and incorporates thermostatic heating and cooling features. This makes it easier for pet owners to manually or automatically change the temperature of the room for their animals depending on the environment and breed. Such trends will boost the market growth during the forecast period.

Major challenges - Infrequent purchases and the low replacement cycle are the major challenges impeding the market growth. Pet owners only buy accessories when they are necessary. Due to the longer average lifespan of pets, accessories are either acquired for brand-new pets or when damaged accessories need to be replaced. These are designed to be used for a long time and do not need to be replaced frequently. The majority of these accessories are long-lasting and excellent. Pet owners only need to incur maintenance costs over the years, which are usually minimal. As a result, fewer purchases are necessary, which lessens the demand for frequent shopping during the forecast period.

Driver, Trend & Challenges are the factors of market dynamics that state about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this pet accessories market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the pet accessories market between 2023 and 2027
• Precise estimation of the size of the pet accessories market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the pet accessories market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of pet accessories market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 08: Executive Summary – Chart on Incremental Growth
• Exhibit 09: Executive Summary – Data Table on Incremental Growth
• Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 11: Parent market
• Exhibit 12: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 13: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 14: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global pet accessories market 2017 - 2021
• Exhibit 19: Historic Market Size – Data Table on Global pet accessories market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.5 Geography Segment Analysis 2017 - 2021 
• Exhibit 23: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.6 Country Segment Analysis 2017 - 2021 
• Exhibit 24: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 25: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 31: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 32: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 33: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 34: Chart on Comparison by End-user
• Exhibit 35: Data Table on Comparison by End-user

• 6.3 Dogs - Market size and forecast 2022-2027
• Exhibit 36: Chart on Dogs - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Data Table on Dogs - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Chart on Dogs - Year-over-year growth 2022-2027 (%)
• Exhibit 39: Data Table on Dogs - Year-over-year growth 2022-2027 (%)

• 6.4 Cats - Market size and forecast 2022-2027
• Exhibit 40: Chart on Cats - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Data Table on Cats - Market size and forecast 2022-2027 ($ million)
• Exhibit 42: Chart on Cats - Year-over-year growth 2022-2027 (%)
• Exhibit 43: Data Table on Cats - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027
• Exhibit 44: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by End-user 
• Exhibit 48: Market opportunity by End-user ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 49: Chart on Product - Market share 2022-2027 (%)
• Exhibit 50: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 51: Chart on Comparison by Product
• Exhibit 52: Data Table on Comparison by Product

• 7.3 Pet toys - Market size and forecast 2022-2027
• Exhibit 53: Chart on Pet toys - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Data Table on Pet toys - Market size and forecast 2022-2027 ($ million)
• Exhibit 55: Chart on Pet toys - Year-over-year growth 2022-2027 (%)
• Exhibit 56: Data Table on Pet toys - Year-over-year growth 2022-2027 (%)

• 7.4 Others - Market size and forecast 2022-2027
• Exhibit 57: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 59: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 60: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Product 
• Exhibit 61: Market opportunity by Product ($ million)

8 Market Segmentation by Distribution Channel

• 8.1 Market segments 
• Exhibit 62: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 63: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 8.2 Comparison by Distribution Channel 
• Exhibit 64: Chart on Comparison by Distribution Channel
• Exhibit 65: Data Table on Comparison by Distribution Channel

• 8.3 Offline - Market size and forecast 2022-2027
• Exhibit 66: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 8.4 Online - Market size and forecast 2022-2027
• Exhibit 70: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 8.5 Market opportunity by Distribution Channel
• Exhibit 74: Market opportunity by Distribution Channel ($ million)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation 
• Exhibit 76: Chart on Market share by geography 2022-2027 (%)
• Exhibit 77: Data Table on Market share by geography 2022-2027 (%)

• 10.2 Geographic comparison 
• Exhibit 78: Chart on Geographic comparison
• Exhibit 79: Data Table on Geographic comparison

• 10.3 North America - Market size and forecast 2022-2027
• Exhibit 80: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 83: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 10.4 Europe - Market size and forecast 2022-2027
• Exhibit 84: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 87: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 10.5 APAC - Market size and forecast 2022-2027
• Exhibit 88: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 91: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 10.6 South America - Market size and forecast 2022-2027
• Exhibit 92: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 95: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 10.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 96: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 99: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 10.8 US - Market size and forecast 2022-2027
• Exhibit 100: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 103: Data Table on US - Year-over-year growth 2022-2027 (%)

• 10.9 China - Market size and forecast 2022-2027
• Exhibit 104: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 107: Data Table on China - Year-over-year growth 2022-2027 (%)

• 10.10 Germany - Market size and forecast 2022-2027
• Exhibit 108: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 111: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 10.11 UK - Market size and forecast 2022-2027
• Exhibit 112: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 115: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 10.12 Japan - Market size and forecast 2022-2027
• Exhibit 116: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 118: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 119: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 10.13 Market opportunity by geography 
• Exhibit 120: Market opportunity by geography ($ million)

11 Drivers, Challenges, and Trends

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 11.4 Market trends

12 Vendor Landscape

• 12.1 Overview

• 12.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 12.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 12.4 Industry risks 
• Exhibit 124: Impact of key risks on business

13 Vendor Analysis

• 13.1 Vendors covered 
• Exhibit 125: Vendors covered

• 13.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 13.3 Ancol Pet Products Ltd. 
• Exhibit 127: Ancol Pet Products Ltd. - Overview
• Exhibit 128: Ancol Pet Products Ltd. - Product / Service
• Exhibit 129: Ancol Pet Products Ltd. - Key offerings

• 13.4 Blueberry Pet 
• Exhibit 130: Blueberry Pet - Overview
• Exhibit 131: Blueberry Pet - Product / Service
• Exhibit 132: Blueberry Pet - Key offerings

• 13.5 Designer Pet Products 
• Exhibit 133: Designer Pet Products - Overview
• Exhibit 134: Designer Pet Products - Product / Service
• Exhibit 135: Designer Pet Products - Key offerings

• 13.6 Dobbies Garden Centres Ltd. 
• Exhibit 136: Dobbies Garden Centres Ltd. - Overview
• Exhibit 137: Dobbies Garden Centres Ltd. - Product / Service
• Exhibit 138: Dobbies Garden Centres Ltd. - Key offerings

• 13.7 Ferplast Spa 
• Exhibit 139: Ferplast Spa - Overview
• Exhibit 140: Ferplast Spa - Product / Service
• Exhibit 141: Ferplast Spa - Key offerings

• 13.8 Go Pet Club 
• Exhibit 142: Go Pet Club - Overview
• Exhibit 143: Go Pet Club - Product / Service
• Exhibit 144: Go Pet Club - Key offerings

• 13.9 Hagen Group 
• Exhibit 145: Hagen Group - Overview
• Exhibit 146: Hagen Group - Product / Service
• Exhibit 147: Hagen Group - Key offerings

• 13.10 Inter IKEA Holding BV 
• Exhibit 148: Inter IKEA Holding BV - Overview
• Exhibit 149: Inter IKEA Holding BV - Product / Service
• Exhibit 150: Inter IKEA Holding BV - Key news
• Exhibit 151: Inter IKEA Holding BV - Key offerings

• 13.11 Laroy Group 
• Exhibit 152: Laroy Group - Overview
• Exhibit 153: Laroy Group - Product / Service
• Exhibit 154: Laroy Group - Key offerings

• 13.12 Petcraft 
• Exhibit 155: Petcraft - Overview
• Exhibit 156: Petcraft - Product / Service
• Exhibit 157: Petcraft - Key offerings

• 13.13 Pets Choice Ltd. 
• Exhibit 158: Pets Choice Ltd. - Overview
• Exhibit 159: Pets Choice Ltd. - Product / Service
• Exhibit 160: Pets Choice Ltd. - Key offerings

• 13.14 Rosewood Pet Products Ltd. 
• Exhibit 161: Rosewood Pet Products Ltd. - Overview
• Exhibit 162: Rosewood Pet Products Ltd. - Product / Service
• Exhibit 163: Rosewood Pet Products Ltd. - Key offerings

• 13.15 Spectrum Brands Holdings Inc. 
• Exhibit 164: Spectrum Brands Holdings Inc. - Overview
• Exhibit 165: Spectrum Brands Holdings Inc. - Business segments
• Exhibit 166: Spectrum Brands Holdings Inc. - Key news
• Exhibit 167: Spectrum Brands Holdings Inc. - Key offerings
• Exhibit 168: Spectrum Brands Holdings Inc. - Segment focus

• 13.16 Unicharm Corp. 
• Exhibit 169: Unicharm Corp. - Overview
• Exhibit 170: Unicharm Corp. - Business segments
• Exhibit 171: Unicharm Corp. - Key offerings
• Exhibit 172: Unicharm Corp. - Segment focus

• 13.17 Ware Manufacturing Inc. 
• Exhibit 173: Ware Manufacturing Inc. - Overview
• Exhibit 174: Ware Manufacturing Inc. - Product / Service
• Exhibit 175: Ware Manufacturing Inc. - Key offerings

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist 
• Exhibit 176: Inclusions checklist
• Exhibit 177: Exclusions checklist

• 14.3 Currency conversion rates for US$ 
• Exhibit 178: Currency conversion rates for US$

• 14.4 Research methodology 
• Exhibit 179: Research methodology
• Exhibit 180: Validation techniques employed for market sizing
• Exhibit 181: Information sources

• 14.5 List of abbreviations 
• Exhibit 182: List of abbreviations

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