Global Pet Accessories Market 2019-2023
About Pet Accessories
Pet accessories are specialty products that are manufactured according to the functional requirements of various pets such as dogs and cats.
Technavio’s analysts forecast the Global Pet Accessories Market to grow at a CAGR of 6.72% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the global pet accessories market. To calculate the market size, the report considers the revenue generated from the sales of pet accessories.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Pet Accessories Market 2019-2023
Technavio recognizes the following companies as the key players in the global pet accessories market: Ancol Pet Products, Ferplast, Rolf C. Hagen, Rosewood Pet Products, Spectrum Brands, and Unicharm.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is growing popularity of customization in pet accessories.”
According to the report, one driver influencing this market is the availability of wide range of fashionable and multifunctional pet accessories. Vendors are exploring innovative ways of combining multiple functions and styles to cater to the demands of pet lovers.
Further, the report states that one challenge affecting this market is the availability of counterfeit products. The availability of counterfeit products, including pet toys, furniture, and other accessories, is high in developing countries like China and India.
Ancol Pet Products
Rolf C. Hagen
Rosewood Pet Products