Pet Collar Market Will Expand At A CAGR Of More Than 6% During The Forecast Period During 2022-2032: Fact.MR

Pet Collar Market Forecast and CAGR
According to latest research study by FactMR, Pet Collar market is on the urge to showcase substantial growth during 2021-2031. Pet collar sales is expected to rise, due to elevating owners' concerns about misbehaving and uncontrollable behavior of dogs, while ensuring the safety of the dog. The pet collar market will expand at a CAGR of more than 6% during the forecast period. Smart technologies are credited with the increase pet collars with GPS, pet cameras, smart feeders, and other smart devices that make pet owners lives easier

What is Driving Demand for Pet Collar?
The pet care industry has grown to nearly $6 billion in the last decade, with no signs of slowing down. In terms of output, a recession or a bad economy have little effect on animal statistics. Also animal adoption rates have risen exponentially over the past decade. According to APPA's, the amount of money spent on pets in the United States will reach $99 billion by the end of 2020.

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US Pet Collar Market Outlook
The United States is one of the world's largest markets for pet collar. The US pet collar market is projected to increase during the forecast period of 2021-2031. Potential volume for pet collar is expected to rise in the coming years with the increasing number of pet along with pet owners opting for better monitoring, tracking, fashionable and technology integrated pet collar their pets.

In the United States, there are an estimated 78 million dogs and 85.8 million cats. In the United States, approximately 44% of all households have a dog, and 35% have a cat. This is likely fuelling the demand for dog collars & cat collars in the United States.

Furthermore, 73% of millennials own a pet, also pet owner's ages 25-34 have an extremely high interest in training for their pets. The momentum is likely to gain boost, which will provide an impetus to a range of pet collar.

Who are the Key Manufacturers and Suppliers of Pet Collar?
Some of the leading manufacturers and suppliers of pet collar include

PetSafe
Hip Doggie
Flexi
Blueberry
Pets Lovers Club
ROKstraps Corporation
FitBark
Scollar
PetSmart
Coastal Pet
Puppia
Acorn Pet Products
PetAZ,
QBLEEV.

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Key Segments
By Product
Flat Collar
Head Collar
Pinch Collar
Slip Collar
Others

By Type
Traditional
Smart Collar
Radio based
GPS based
By Pet
Dog
Cat
Birds
Others

By Material
Nylon
Neoprene
Cotton
Leather
Others

By Application
Walking
Training
Tracking
Restraining
Others

By Sales Channel
Modern Trade Channels
Online Channel
Third Party Website
Direct to Customer
Pet Accessories Stores
Others

By Region
North America
US & Canada
Latin America
Brazil, Mexico, Argentina & Rest of Latin America
Europe
Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
East Asia
China, Japan, South Korea
South Asia
India, Thailand, Malaysia, Indonesia and Rest of South Asia
Oceania
Australia and New Zealand
Middle East and Africa
GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa

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Pet Collar Market Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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