ROCKVILLE, Md., Dec. 12, 2017 /PRNewswire/ -- Slow yet steady, the U.S. market for pet reptile products is seeing growth on par with or better than products designed for other small household pets such as aquariums and cages for fish, rabbits, hamsters, birds, and the like. Market research firm Packaged Facts in the new report Reptile Products: U.S. Pet Market Trends and Opportunities estimates that the pet reptile product market had sales of $383 million in 2016, up 2% from the previous year.
"Growth in the mass merchandiser and internet channels has helped improve overall sales, as have stronger sales in the food segment," says David Sprinkle, research director for Packaged Facts. "Interestingly, we also see the pet parenting trend extending beyond furry companions to include reptiles. Reptile owners give their pets just as much love as dog and cat owners give theirs. What do these reptile owners want? The same things other pet owners want, namely safe and convenient items that make their pets easier to feed and care for."
With online sales markedly improving and pet specialty sales remaining stable, Packaged Facts forecasts the reptile products market will continue to grow at a steady rate looking ahead to 2021. Likewise, the strength of the market's top two segments—food & treats and enclosure heating & lighting—are expected to sustain sales growth for reptile products.
Packaged Facts found marketer activity involving food and treats to be particularly intriguing due to the rising trend of specialized diets catering to specific species and specific lifestyle stages. While species-specific food has always been more common for reptile pets, more marketers are specifically calling out species in packaging to underscore this fact. Furthermore, marketers are using packaging to differentiate which food products are appropriate for the specific lifestyle stages of different reptiles and amphibians.
About the Report
In Reptile Products: U.S. Pet Market Trends and Opportunities, Packaged Facts provides cutting-edge analysis of the sale of products and foods designed for pet reptiles (turtles, snakes, geckos, etc.) through all channels in the U.S. market, focusing on the key segments driving the market and highlighting sales trends. The report covers sales of food, tanks, tank accessories, and more. All information and analyses in the report is highly accessible, presented in concise text and easy-to-read and practical charts, tables, and graphs.
View additional information about Reptile Products: U.S. Pet Market Trends and Opportunities, including purchase options, the abstract, table of contents, and related reports at Packaged Facts' website: https://www.packagedfacts.com/pet-products-services-c124/.
About Packaged Facts
Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer market topics, including consumer demographics and shopper insights, consumer financial products and services, consumer goods and retailing, consumer packaged goods, and pet products and services. Packaged Facts also offers a full range of custom research services.
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SOURCE Packaged Facts
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