Pet Accessories Market - By Product Type (Apparel & Clothing, Beds & Furniture, Toys & Playthings, Feeding & Drinking Accessories, Grooming Products, Health & Wellness Products, Others), By Pet Type, By Price Range, By Distribution Channel, By Region, Forecast 2024 - 2032

Pet Accessories Market Market Size

Pet Accessories Market size was valued at USD 21.8 billion in 2023 and is estimated to grow at a CAGR of 7.7% from 2024 and 2032. The increasing number of pet owners, the growing trend of pet humanization, and higher consumer spending on pet care categories are the major growth drivers for the pet accessories industry.
 

People are increasingly adopting pets, such as cats and dogs, because they are easy to humanize and indulge in. As a result, pet owners are increasingly ready to spend more to ensure that their pets receive the best possible care. This has resulted in increased demand for pet accessories.

Seasonality in the pet accessories sector creates significant problems for both manufacturers and retailers. Managing inventory and accurately projecting sales become complex as demand fluctuates with seasonal variations and holiday peaks. High-quality pet accessories, such as clothes and seasonal toys, necessitate attention to materials and design, potentially increasing production costs. Durability and comfort are important factors in pet accessories, necessitating the use of high-quality materials. Similarly, seasonal toys often require innovative designs that reflect current trends and market preferences.
 

Pet Accessories Market Trends

There is a notable shift toward high-quality, premium pet accessories in a variety of categories including beds, clothes, toys, and grooming items. Pet clothing and accessories are increasingly reflecting current human fashion trends. There is a growing need for attractive & personalized clothes, collars, leashes, and bedding. These goods not only meet the utilitarian needs of pets but also enable owners to express their pets' personalities and improve their bond via fashionable choices.
 

Pet Accessories Market Analysis

Based on product type, the market is classified into apparel & clothing, beds & furniture, toys & playthings, feeding & drinking accessories, grooming products, health & wellness products, and others. In 2023, toys & playthings dominated the market, accounting for USD 7.2 billion and is expected to grow at a CAGR of 8.2% from 2024-2032. Pets are increasingly considered as family members, and there is a great emphasis on providing enrichment and amusement for them, which is driving the demand for toys and playthings. Furthermore, toys are not just a fun accessory; they play an important role in stimulating pets psychologically, keeping them interested, and encouraging their natural instincts.
 

Based on pet type, the global pet accessories market is classified into dogs, cats, birds, fish & aquatic pets, reptiles, others (mammals, rabbits, hamsters, etc.). The dogs segment dominated the market, accounting for USD 12 billion in 2023 and is expected to grow at a CAGR of 8% during the forecast period from 2024-2032. Dogs are the most common pets, followed by cats. Dogs are popular as they help with loneliness, anxiety, tension, and depression. They also inspire activity and improve cardiovascular health. Pet accessories are also popular among individuals who live in flats and apartments without a lawn or porch, accelerating the market growth.
 

In the global pet accessories market, North America is poised to hold a significant market share of USD 7.6 billion in 2023, maintaining its dominant position throughout the analysis period. It is projected to reach USD 15.4 billion by 2032. The growing number of pet owners in the region, combined with high disposable incomes, are driving the demand for pet care products and services. According to the American Pet Products Association's National Pet Owners Survey (2021-2022), over 70% of U.S. households owned a pet in 2020, up from 67% in 2019.
 

China dominates the Asia Pacific Pet Accessories market accounting for 33% of market share in 2023 and is supposed to grow at a CAGR of 7.6% during the forecast period from 2024-2032. The region's rapid economic growth and increased disposable incomes are expected to enhance consumer expenditure on pet accessories. Additionally, rising pet ownership and expenditure on pet-care goods are important factors driving regional market growth.
 

Pet Accessories Market Share

The pet accessories industry seem to be highly fragmented in nature due to the presence of local and global players across the globe. In 2023, the market players such as Central Garden & Pet Company, Pets at Home Group Plc and Jollyes Pet Superstores collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Pet Accessories Market Companies

Major players operating in the pet accessories industry are:

• Central Garden & Pet Company
• Coastal Pet Products, Inc.
• Ferplast S.p.A.
• Hartz Mountain Corporation
• Jollyes Pet Superstores
• KONG Company
• Merrick Pet Care, Inc.
• MidWest Homes for Pets
• Nestlé Purina PetCare
• Outward Hound
• Petco Animal Supplies, Inc.
• Petmate Holdings Co.
• Pets at Home Group Plc
• PetSmart, Inc.
• Rolf C. Hagen Inc.
• Spectrum Brands Holdings, Inc.
• TRIXIE Heimtierbedarf GmbH & Co. KG

Pet Accessories Industry News

• In June 2022, Gucci launched a collection of clothing and accessories for dogs, cats, and other four-pawed creatures. This collection includes a range of colorful pet coats and wool sweaters, focusing on providing ultimate comfort for pets.
   
• In June 2022, Tommy Hilfiger introduced its first-ever dog-themed collection after signing a licensing deal with Kanine Pets World Limited. The new line featured a wide selection of dog-specific clothing, accessories, and home goods, all crafted in the recognizable Tommy Hilfiger design and adorned with the company's distinctive preppy style.
   

The pet accessories market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) (Millions Square Meters) from 2021 to 2032, for the following segments:

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Market, By Product Type

• Apparel and clothing
  • Sweaters
  • T-shirts
  • Jackets
  • Others (raincoats, boots, etc.)
• Beds and furniture
  • Pet beds
  • Sofas
  • Others (couches, cushions, etc.)
• Toys and playthings
  • Chey toys
  • Balls
  • Plush toys
  • Others
• Feeding and drinking accessories
  • Bowls
  • Automatic feeders
  • Water dispensers
  • Others (feeding mats, food storage containers, etc.)
• Grooming products
  • Brushes
  • Bowls
  • Shampoo
  • Others (nail clippers, dental care products, etc.)
• Health and wellness products
  • Supplements
  • Vitamins
  • Calming aids
  • Others (tick control products, etc.)
• Others (training and behavior accessories, ID tags and pet safety accessories, etc.)

Market, By Pet Type

• Dogs
• Cats
• Birds
• Fish & aquatic pets
• Reptiles
• Others (mammals, rabbits, hamsters, etc.)

Market, By Price Range

• Low
• Medium
• High

Market, By Distribution Channel

• Online
  • E-commerce
  • Company website
• Offline
  • Supermarkets and hypermarkets
  • Pet specialty stores
  • Other retail stores (pet hospitals, etc.)

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA