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Pet Toys Market Size Estimated to Reach USD 15.77 Billion by 2032 - Persistence Market Research

05-14-2025 01:09 PM CET | Consumer Goods & Retail

Press release from: Persistence Market Research

Pet Toys Market

Pet Toys Market

The global pet toys market is undergoing a transformative evolution, driven by increasing pet ownership, heightened awareness about pet mental health, and the growing trend of pet humanization. With pet parents treating animals as beloved family members, the market for toys that entertain, stimulate, and emotionally engage pets is flourishing. As per recent data by Persistence Market Research, the market is projected to rise from US$ 9.1 billion in 2025 to US$ 15.77 billion by 2032, reflecting a robust CAGR of 8.1%.

Dogs continue to dominate the pet segment, expected to account for 53% of the market share in 2025, thanks to their widespread popularity and the variety of toy needs-from fetch to chew to interactive training tools. Regionally, North America leads the global market with an anticipated 33% share, largely propelled by the strong presence of specialized pet retailers, high pet ownership, and the rising demand for premium, eco-friendly pet toys.

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➤ Key Highlights from the Pet Toys Market Report

➤ The pet toys market is driven by increased pet adoption and humanization trends globally.

➤ The dog segment will dominate with over 53% market share in 2025, led by diverse toy categories.

➤ Cats are the fastest-growing pet type, with increasing adoption in urban households.

➤ North America is expected to hold 33% of the market, supported by premiumization and pet-focused retail ecosystems.

➤ Eco-conscious and sustainable toy demand is rapidly increasing among pet owners.

➤ Subscription-based and direct-to-consumer (DTC) distribution channels are emerging as dominant trends.

Market Segmentation: Product Types & Distribution Trends

The pet toys market is segmented by pet type into dogs, cats, and others. Dog toys dominate due to the high ownership rate and extensive variety in toy types like chew, fetch, and interactive training tools. These toys support not only entertainment but also behavioral development and mental stimulation. Meanwhile, the cat segment is witnessing the fastest growth, spurred by the rising adoption of cats in urban environments, especially among apartment dwellers looking for low-maintenance companionship.

On the basis of distribution channels, the supermarkets/hypermarkets segment is set to dominate, commanding about 45% of the market share in 2025. Retail chains such as Walmart and Tesco offer a comprehensive selection of pet toys, appealing to consumers seeking convenience and variety. However, the online segment is growing at the fastest rate, fueled by the post-pandemic shift to e-commerce and the convenience of ordering from platforms like Chewy, Amazon, and Petco.

Regional Insights: Trends Across Key Geographies

North America Pet Toys Market Trends

North America is the clear front-runner in the global market. The region's consumers are increasingly investing in premium, functional, and enrichment-focused pet toys, reflecting the broader trend of pet humanization. The U.S. stands out due to its robust retail infrastructure and the popularity of tech-enhanced pet toys, including interactive and treat-dispensing products. High-income levels and emotional pet bonding are boosting demand for premium-quality and sustainable toys.

Asia Pacific Pet Toys Market Outlook

Asia Pacific is poised to be the fastest-growing region between 2025 and 2032. The rise in pet adoption, particularly among urban millennial populations, is fueling demand. Countries like China are witnessing surging pet ownership, driven by single-person households and increasing disposable income. Millennials and Gen Z pet parents are especially drawn to smart, interactive, and customized toys that cater to their pets' unique behaviors and needs.

Market Drivers, Restraints & Opportunities

Market Drivers: Pet Humanization and Emotional Bonding

The primary catalyst for market growth is the rising trend of pet humanization, where pets are treated as family members. Owners are increasingly aware of the emotional and mental needs of pets, pushing demand for enrichment-focused toys. For instance, in the UK, pet toy sales soared with a 98% increase reported by John Lewis in 2024. The surge in consumer spending on seasonal pet toys, treats, and interactive games underscores this emotional and financial investment in pet well-being.

Market Restraints: Volatile Raw Material Costs

Despite growth potential, the market faces headwinds due to fluctuating prices of raw materials like rubber, plastics, and natural fibers. These materials are vital for producing durable and eco-friendly toys. In 2024, extreme weather impacted rubber production in Southeast Asia while crude oil price hikes increased plastic costs. Manufacturers aiming for sustainability struggle with these rising input costs, limiting their ability to offer competitively priced products.

Market Opportunities: Rise of Subscription-Based and DTC Models

The growing preference for direct-to-consumer and subscription-based models presents a lucrative opportunity. Millennials and Gen Z pet owners value convenience, customization, and digital engagement, which traditional retail lacks. Subscription boxes deliver curated toys tailored to a pet's size or playstyle, fostering brand loyalty and recurring revenue. These models also provide rich consumer data for continuous product innovation and marketing personalization.

Frequently Asked Questions (FAQs)

➤ How big is the pet toys market expected to be by 2032?
➤ Who are the key players in the global pet toys market?
➤ What is the projected growth rate of the pet toys market?
➤ What is the market forecast for the pet toys industry by 2032?
➤ Which region is estimated to dominate the industry through the forecast period?

Company Insights

✦ Petmate
✦ Benebone LLC
✦ KONG Company
✦ Fluff and Tuff, Inc.
✦ Cosmic Pet
✦ Petsport USA, Inc.
✦ ZyppyPaws
✦ Ethical Products, Inc.
✦ Jolly Pets
✦ Honest Pet Products
✦ Coastal Pet Products, Inc.

Conclusion

The global pet toys market is thriving, fueled by shifting consumer lifestyles, increased pet adoption, and a heightened focus on pet emotional well-being. From chew and fetch toys to AI-enabled interactive products, the market reflects a deepening bond between humans and their pets. Despite facing cost pressures from raw material volatility, the industry's long-term outlook remains promising-especially with the emergence of eco-friendly products and subscription-based services. Market players that align with these evolving trends and prioritize sustainability, innovation, and consumer engagement will be best positioned for success in the coming decade.

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Persistence Market Research
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Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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