Pet Accessories Market Growth and Share, Demand, increase by USD 18.09 billion, Competitive Analysis and Future Trends to 2023-2033: SPER Market Research
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- April 25, 2023
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According to SPER Market Research, Pet accessories are items designed to increase the comfort, safety, and looks of pets. They include collars, leashes, harnesses, clothes, beds, bowls, toys, grooming equipment, and other goods. With the help of these accessories, pet owners can express their particular style and taste while also providing their animals with a comfortable and healthy living environment.
Pet Accessories Market Overview (2023-2033)
- Forecast CAGR (2023-2033): 6.34%
- Forecast Market Size (2033): 18.09 billion
As more people consider their pets to be members of their families and wish to provide them with the best care possible, the market for pet accessories has grown considerably in recent years. Pet owners are willing to spend money on accessories that make their lives easier and improve the quality of life for their animals. Pet accessories are available in a variety of styles, colors, and materials, making it easy for pet owners to find items that suit their preferences and needs. Some attachments are designed for specific pets, such as cats or dogs, while others are more general and can be used for a wide variety of animals. In general, pet accessories have become an important component of the pet care market, offering pet owners a choice of options for solving their dogs’ requirements and preferences.
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Impact of COVID-19 on the Global Pet Accessories Market:
The COVID-19 epidemic had a huge influence on the pet industry, especially the pet accessory market. The pandemic had a significant initial impact on the pet accessory business since retail establishments were forced to close and the supply chain was disrupted, but the sector has since recovered and is increasing in many places.
One of the most notable effects of the epidemic has been a shift towards e-commerce in the pet accessories industry. Because many physical retail shops have closed or are operating at a reduced capacity, consumers have turned to the internet to acquire pet accessories. As a result, internet retailers’ revenues have skyrocketed, and the focus of many firms has switched to improving their online presence. Another result of the epidemic is an increase in demand for pet accessories related with indoor activities. As people spend more time at home, the demand for items such as toys, beds, and feeding equipment has skyrocketed. As owners have taken on more responsibility for their dogs’ care, there has been an increase in interest in pet grooming products and equipment.
Overall, the pandemic has presented some problems to the pet accessory industry, but it has also exhibited resilience and flexibility. As the world battles to manage the epidemic, the pet accessory market will most likely continue to evolve in order to meet the changing expectations and tastes of pet owners.
Global Pet Accessories Market Segmentation:
By Product: Based on the Product, Global Pet Accessories Market is segmented as; Carriers, Collar and Harness, Grooming Products, Housing and Bedding, Pet Toys, Others.
By Distribution Channel: Based on the Distribution Channel, Global Pet Accessories Market is segmented as; Offline, Online.
By End User: Based on the End User, Global Pet Accessories Market is segmented as; Dogs, Cats, Others
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Pet Accessories Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Ancol Pet Product, Blueberry Pet, Designer Pet Products, Dobbies Garden Centres Ltd, Ferplast Spa, Go Pet Club, Hagen Group, InterIKEA Holdings BV, KandH Pet Products, Laroy Group, Petcraft, Pets Choice Ltd, Platinum Pets, Unicharm Corp.
For More Information, refer to below link:-
Pet Accessories Market Forecast
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