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Global Pet Accessories Market: Opportunity Analysis, Segments, Challenges, Growth And Forecast By End-Use Industry 2020-2027

04-07-2021 01:02 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Pet Accessories Market

Pet Accessories Market

The Objective of the “Global Pet Accessories Market” report is to depict the trends and upcoming for the Pet Accessories Market industry over the forecast years. Pet Accessories Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Pet keeping has been practiced from earlier times and as the trend of variants of pet species has increased the requirement for pet well-being has also increased. In recent times, pet ownership and spending on domestic animals have surged in countries such as the USA, UK, France, Switzerland, Germany, Italy, Japan, China, and others. The surge in pet ownership, changing fashion and style trends, increase in millennial as the biggest pet-owning generation, increasing variants in pet care products, launches of advanced pet accessories, the emotional aspect towards pets, increasing awareness of pet care, physical and mental well-being by pet-keeping, e-commerce, worldwide pet events, social media marketing, alluring designs in products, animal clothing, pet grooming accessories, physical well-being of pets, increased disposable income, luxurious products, and lifestyle are the key factors that drive the global pet accessories market.

Access Full Summary:

However, increased competition, the expensive pet accessories, inclination towards the mainstream, availability of alternative products, government restrictions, concerns of animal rights organizations, comfort and safety of pets from accessories, and effect on pet health hinder the market growth.

The key market players profiled in the report include Petco, Rolf C. Hagen Inc., PetSafe, Spectrum Brands, Rosewood Pet Products, Pettex Ltd., Bed Bath & Beyond, Central Garden & Pet Company, Leonard F Jollye, Bayer, Platinum Pets USA, Muttluks Inc., Dog & Co., Ferplast, Canine Styles, Ancol Pet Products, Unicharm, Simply Fido, Honest Pet Products LLC, Cycle Dog, Inter IKEA Systems BV, Laroy Group, Beaphar, BaxterBoo, Just For Pets, Outward Hound, Innovation Pet.

Regional Analysis - North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

COVID-19 Scenario Analysis:

○ The lockdown scenario caused due to the coronavirus outbreak has declined the sales and revenue of the pet accessories market as the distribution channels such as specialty stores have shut down to prevent mass gathering. The delayed deliveries due to transportation restrictions have affected the online stores of pet accessories.
○ The shutdown of manufacturing units and shortage of manpower has impacted the production of pet accessories market.
○ The lockdown scenario and implementation of social distancing practices have led to the canceling or postponement of pet events which has impacted the sales of key players in the pet accessories market.
○ The COVID-19 pandemic has impacted the sales of pet accessories due to the export and import restrictions in various countries.

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Key Segments Covered:

Product Type
• Pet Toys
• Housing & Bedding
• Carriers
• Grooming Products
• Collars & Harness
• Others

• Dogs
• Cats
• Horses
• Rabbits
• Others

Distribution Channel
• Offline Channel
• Online Channel

Key Benefits of the Report:

○ This study presents the analytical depiction of the global pet accessories industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global pet accessories market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global pet accessories market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides detailed global pet accessories market analysis based on competitive intensity and how the competition will take shape in the coming years.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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