Pet Accessories Market 2019–2023 — Industry Analysis and Trends

Posted by Loise Williams on December 11th, 2019

The global pet accessories market is expected to grow at a CAGR of 6.72% during the forecast period. Based on the product, the global pet accessories market has been segmented into pet toys and others. As per the latest market research report published by Technavio, the pet accessories market will be growing at a CAGR of almost 7%. Get the free sample report below for the detailed information.

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Pet owners prefer pet toys such as fishing rod toys for factors like pet obesity. In such cases, pet toys are used to get them involved in a set level of activities. The market is growing at a large scale owing to factors like product variations and the availability of wide options. The demand for natural and organic pet toys is growing because they are considered safe for pets. Therefore, natural and organic raw materials like cotton, hemp, natural rubber, natural dyes, bisphenol A (BPA)-free plastic, and wood are used to attract customers.

For instance, Rosewood Pet Products, a key vendor, offers biosafe toys for dogs that include BioSafe Germ Smart Dog Toys Apple Biosafe Toy, BioSafe Germ Smart Dog Toys Banana Biosafe Toy, and others. During the forecast period, many vendors are expected to introduce organic toys for pets. Hence, the pet toys segment dominated the global pet accessories market during the forecast period.