Global Pet Clothing and Toys Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Pet clothing mainly includes some forms of clothing worn by animals, such as warm and waterproof, and therapeutic coats. These clothing may bring obvious benefits.
Pet toys include cat toys and dog toys, etc. such as a dog toy is a toy that is specifically for dogs to play with. Dog toys come in many varieties, including dog bones, puppy toys, balls, tug toys, training aids, squeaky toys, discs and frisbees, plush toys, and sticks.
Market Overview:The latest research study on the global Pet Clothing and Toys market finds that the global Pet Clothing and Toys market reached a value of USD 5187.54 million in 2022. It’s expected that the market will achieve USD 7195.77 million by 2028, exhibiting a CAGR of 5.61% during the forecast period.
Influence of COVID-19 Outbreak on Pet Clothing and Toys Industry Development
Although the impact of COVID-19 and the measures taken to contain the disease are severely damaging the global economy.
As factories need to protect workers and help contain the spread of the COVID-19 virus, the damage to the production supply chain is expected to worsen as factories close elsewhere. In addition, because people restrict their actions, product sales are also affected. But crises usually promote people's desire for company. The marketing director of Bark, a pet toy seller, recently said that he found that the company’s advertising effectiveness has been improving in the past few weeks. In areas with severe epidemics, such as New York, people are buying more dog toys, and many people living alone without pets are also there. Consider getting some company at home. Pet consumption is minimally affected by the economic cycle. Even during the 2008 financial crisis, the overall consumption of pets in the United States was slightly affected by the economic cycle. Even during the 2008 financial crisis, the overall consumption expenditure of the United States declined, but the pet consumption expenditure remained on the rise.
Limitations
Online shopping poses a direct threat to traditional industry retailers. Many online retailers offer similar products to brick-and-mortar pet stores, but at lower prices and the convenience of doorstep shipping. An increase in demand from online pet food and pet supply sales will likely decrease demand for traditional brick-and-mortar stores, suppressing industry revenue.
As a labor-intensive industry, product homogeneity in the global market is very serious. The price competition is fierce and the profit margin of manufacturers is continuously decreasing, so low-price competition will become one of the obstacles.
In addition, the pet clothing industry has a strong seasonality, and the peak sales season for pet clothing is from October to January of the following year. This is not conducive to the development of Pet Clothing and Toys industry to a certain extent.
Region Overview:North America had the highest growth rate of all regions.
Company Overview:The top three companies are Central Garden & Pet Company, Tianyuan Pet, Petmate with the revenue market share of 1.45%, 1.24% and 1.00% in 2019.
Central Garden & Pet Company supplies consumer lawn and garden and pet supply products. The Company offers dogs and cats supplies products, including edible bones, healthy edible and non-edible chews, pet carriers, and grooming supplies, as well as products for birds, small animals, and specialty pets, including food, cages and habitats, toys, chews, and related accessories.
Hangzhou Tianyuan Pet Products Co., Ltd manufactures pet products. The Company produces pet beds, pet cushions, pet houses, pet toys, dog clothes, cat scratch trees, pet leashes, brushes, bowls, mats, and other products. Hangzhou Tianyuan Pet Products also operates import and export businesses.
Segmentation Overview:Among different product types, Pet Toys segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Dogs segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Pet Clothing and Toys market covered in Chapter 3:Ruby Rufus
Canine Styles
Hurtta
Weatherbeeta
Canine Hardware
Ultra Paws
Ralph Lauren Pets
Bradley Caldwell
Mungo & Maud
Hartz
Jw Pet Company
Hyper Products
LAZYBONEZZ
Fab
All-Star
Kurgo
JW Pet
Jolly Pets
Walkabout Harnesses
fabdog
Muttluks
Ruffwear
RC Pet Products
In Chapter 4 and Chapter 14.2, on the basis of types, the Pet Clothing and Toys market from 2018 to 2029 is primarily split into:Pet Clothing
Pet Toys
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pet Clothing and Toys market from 2018 to 2029 covers:Dogs
Cats
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)