Frequently Asked Questions:
Based on segmentation by product, which is the leading segment in the market?
Based on the product, the market saw maximum growth in the pet toys segment in 2020.
What are the major trends in the market?
The advent of smart pet accessories is the major trend in the market.
At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 6% during the forecast period.
Who are the top players in the market?
Ancol Pet Products Ltd., Ferplast Spa, Inter IKEA Holding BV, Laroy Group, Pets Choice Ltd., Rolf C. Hagen Inc., Rosewood Pet Products Ltd., Spectrum Brands Holdings Inc., and Unicharm Corp. are the top players in the market.
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The global market for Pet Accessories is projected to reach US$41.1 billion by 2025, driven by the emerging pet loving culture worldwide made hugely popular by media coverage of celebrities and their furry friends. Pet population comprising dogs, cats, birds and other animals is on the rise.
Some factors responsible for the rising pet population include an aging population and empty nesters who adopt pets to fill the void; an increase in households with multiple pets; higher incomes; and growing number of single person households and unmarried or childless households. A growing number of households with children are also adopting pets with research studies revealing pets to have a positive impact on children such as preventing depression and loneliness; develop motor skills by feeding and grooming dogs; encourages outdoor activity such as regular walks with dogs; promotes emotional development by encouragin
Pet Humanization – A Pivotal Growth Driver for the Global Pet Accessories Market – ResearchAndMarkets com financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.
/Global Pet Care Market | Asia Pacific Region To Be Among The Leading Markets With Expected Revenue Of Nearly USD 25 Billion By 2025. Trending
Global Pet Care Market | Asia Pacific Region To Be Among The Leading Markets With Expected Revenue Of Nearly USD 25 Billion By 2025. 30
The report titled “Global Pet Care Market, By Value, By Segment (Pet Food, Pet Healthcare, Pet Accessories, Pet Grooming), By Region ( North America, Europe, Asia Pacific, South America, Middle-East & Africa), By Countries (USA, Mexico, Brazil, China, Japan, UAE, South Africa Etc.), By Sales Channel (Specialized, Hypermarket, Online, Others), (Trends & Forecast), Outlook, 2025” provides a detailed performance analysis of each segment present in the global pet care market. The global pet care industry has grown at a rapid pace in the last couple of years. There have been a lot of changes in consumer’s behavior as nowadays they are more intended to keep a pet in the house. The pets include dogs,