Monday, April 8, 2019

Pet Products Market Size, Share Is Expected To Reach US$ 33.16 Bn By 2025

According to a new market research report published by Credence Research “Pet Products Market (By Product Type – Feeding; Bedding; Playing and Chewing Toys; Leashes and Collars; Cages, Crates and Carriers; and Others) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025”, the global pet products market was valued at US$ 24.82 Bn in 2016 and is expected to grow at a CAGR of 3.3% during the forecast period from 2017 to 2025.
Browse the full report at Pet Products Market
Market Insights
Pet products refer to pet accessories such as toys, feeding bowls/trays, leashes, cages, bedding equipment and others. With the growing number pet (cats & dogs) owners worldwide, the demand for related pet products is estimated to remain strong in the following years. Due to continually rising expenditure over pet products, people now prefer purchasing high-tech products that can provide them as well as the pets with optimum convenience. Similarly, steadily growing discretionary of the people worldwide too plays a prominent role in the pet products market growth. Another major factor supporting the market growth is the availability of wide range of products in the market. The availability of variety of styles and designs in the pet products category plays a crucial role in attracting the pet owners.
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Competitive Insights:
The key players of pet products market include Ancol Pet Products Limited, Beaphar International, Ferplast S.p.A., Rolf C. Hagen, Inc., Rosewood Pet Products, Hartz Mountain Corporation, Larz Dog Products, Planet Dog, Inc., Mammoth Pet Products and RC Pet Products Limited. The pet products market is highly competitive with a number of international and domestic players constituting the market. Due to wide possibilities of product differentiation (primarily in designs), the market has emerged quite competitive in nature.
Key Trends:
  • Market expected to be primarily driven by increasing demand from the developing economies in the Asia Pacific region
  • Manufacturers have been investing heavily to incorporate technologies for applications such as automatic feeding and video calling
  • Rising trend of wearable technologies used for tracking and location detection for pets
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Pet Products Market
2.2 Global Pet Products Market, By Product, 2016 (US$ Bn)
2.3 Global Pet Products Market, By Geography, 2016 (US$ Bn)
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Pet Products Market Revenue and Growth, 2015 – 2025, (US$ Bn) (Y-o-Y %)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Growing discretionary income of the people, globally
3.2.1.2 Rising expenditure over pet products
3.2.1.1 Wide availability of pet products
3.2.2 Market Restraint/Challenge
3.2.2.1 Smaller Pet Industry outside North America
3.2.3 Market Opportunity
3.3 See-Saw Analysis
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Trends Analysis
3.4.1 Humanization of Pets and ‘Premiumization’ of Pet Products
3.4.2 Emphasis on Development of Variety of Pet Products using Different Styles and Designs
3.5 Attractive Investment Proposition
3.5.1 Attractive Investment Proposition, By Product, 2016
3.5.2 Attractive Investment Proposition, By Geography, 2016
3.6 Market Positioning of Pet Products Market Vendors
3.6.1 Leading player’s strategies
Chapter 4 Global Pet Products Market Analysis, By Product Type
4.1 Market Analysis
4.1.1 Global Pet Products Market, By Product Type, 2016 & 2025, (Value %)
4.2 Feeding
4.2.1 Global Feeding Products for Pets Market Revenue, 2015 - 2025, (US$ Bn)
4.3 Bedding
4.3.1 Global Bedding Products for Pets Market Revenue, 2015 - 2025, (US$ Bn)
4.4 Playing and Chewing Toys
4.4.1 Global Bedding Products for Pets Market Revenue, 2015 - 2025, (US$ Bn)
4.5 Leashes and Collars
4.5.1 Global Pet Leashes Market Revenue, 2015 - 2025, (US$ Bn)
4.6 Cages, Crates and Carriers
4.6.1 Global Pet Cages Market Revenue, 2015 - 2025, (US$ Bn)
4.7 Others (Cat Litters, Grooming Tools, Clothing, Accessories, etc.)
4.7.1 Global Other Pet Products Market Revenue, 2015 - 2025, (US$ Bn)
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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