Pet Accessories Market will Showcase Negative Impact During 2020-2024|Advent of Smart Pet Accessories to Boost Market Growth | Technavio

Technavio has announced its latest market research report titled Global Pet Accessories Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the global pet accessories market size and it is poised to grow by USD 11.64 billion during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ancol Pet Products Ltd., Bob Martin Co., Ferplast Spa, Inter IKEA Systems BV, Laroy Group, Rolf C. Hagen Inc., Rosewood Pet Products Ltd., Spectrum Brands Inc., and Unicharm Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Advent of smart pet accessories has been instrumental in driving the growth of the market.

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Pet Accessories Market 2020-2024: Segmentation

Pet Accessories Market is segmented as below:

  • Product
    • Pet Toys
    • Others
  • Distribution Channel
    • Offline
    • Online
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America
  • End-user
    • Dogs
    • Cats
    • Others

Pet Accessories Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pet accessories market report covers the following areas:

  • Pet Accessories Market Size
  • Pet Accessories Market Trends
  • Pet Accessories Market Industry Analysis

This study identifies the technology innovation and portfolio extension as one of the prime reasons driving the Pet Accessories Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Pet Accessories Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist pet accessories market growth during the next five years
  • Estimation of the pet accessories market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the pet accessories market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pet accessories market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Pet toys - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user placement
  • Dogs - Market size and forecast 2019-2024
  • Cats - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel placement
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ancol Pet Products Ltd.
  • Bob Martin Co.
  • Ferplast Spa
  • Inter IKEA Systems BV
  • Laroy Group
  • Rolf C. Hagen, Inc.
  • Rosewood Pet Products Ltd.
  • Spectrum Brands Inc.
  • The Our Pet's Co.
  • Unicharm Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Pet Accessories Market will grow by USD 11.64 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/