Global Pet Toys Market is valued at approximately USD 2.69 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2023-2030.
Pet toys are items designed to entertain, stimulate, and provide exercise and mental enrichment for pets, primarily dogs and cats, although there are also toys for birds, small animals, and other pets. These toys come in a variety of shapes, sizes, and materials, catering to different animals' needs and preferences. Moreover, growing urbanization and rising household disposable spending are anticipated as the growth drivers of this market. Furthermore, the growing e-commerce platforms and emerging global market drive the growth of the market during the forecast period of 2023-2030.
E-commerce platforms offer a vast array of pet toys from various brands and sellers. Pet owners have access to a more extensive selection of toys, including unique and niche products that may not be available in local brick-and-mortar stores. This wide variety caters to different pet preferences and owner tastes. According to the United Nations Population Fund in 2022, Urbanization is rapidly increasing worldwide, with the global population projected to reach 5 billion by 2030, mostly living in cities. Africa and Asia experience significant urbanization, leading to global social, economic, and environmental changes. This trend is driven by the rapid growth of urban populations. In relation to the Pet Toys Market, this urbanization presents opportunities as more people in cities own pets, increasing the demand for pet toys to meet their needs. According to the Organization for Economic Co-operation and Development (OECD) in 2021, Household spending differs among countries. In the United States, annual spending is around USD 15,902,575 million, while in India, it's approximately USD 5,676,662 million. These variations highlight the importance of understanding consumer behaviors and market dynamics in different regions. For the Pet Toys Market, it is crucial to consider these differences to effectively reach and engage consumers in various countries. However, changing consumer preferences and competition from substitute products is going to hamper the growth of the market during the forecast period of 2023-2030.
The key regions considered for the Global Pet Toys Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the global Pet Toys Market due to high pet ownership rates, an affluent consumer base, an emphasis on pet well-being, a strong retail infrastructure, innovation, and the concept of pet humanization. The region's large population of pet owners, combined with their willingness to invest in quality toys, contributes to its market dominance. Asia Pacific region is the fastest-growing market for pet toys due to increasing pet ownership, rising disposable income, growing awareness of pet well-being, market expansion, and the influence of Western pet ownership culture. The region's economic growth, coupled with a growing middle class, has fueled the demand for pet toys. Additionally, the availability of online retail platforms has made it easier for pet owners to access and purchase a variety of pet toys.
Major market player included in this report are:
- Central Garden & Pet Company
- Fluff & Tuff Inc.
- Radio Systems Corporation
- Multipet International, Inc.
- Kyjen Company LLC
- KONG Inc.
- Benebone LLC
- Petmate Holdings Co.
- Coastal Pet Products, Inc.
- Ethical Products, Inc.
Recent Developments in the Market:
- In April 2023, HyperX, the gaming peripherals team at HP Inc., partnered with P.L.A.Y. (Pet Lifestyle and You) to launch a new collection of pet toys inspired by gaming peripherals. The toys are designed to provide pets with fun and entertainment, featuring miniature versions of HyperX's gaming peripherals. Made from high-quality and sustainable materials, the toys have colorful designs to stimulate pets' natural play instincts. It's a whimsical collaboration for both furry friends and their humans to enjoy.
- In April 2023, Jinx, in collaboration with celebrity Chris Evans and his dog Dodger, introduced "The Dog Dream Box" as a limited-edition offering for Pet Month in May. The box includes Dodger's favorite Jinx products, such as food, treats, and toys, curated specially for the occasion.
Global Pet Toys Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Product, Pet Type, Material Type, Type, Size, Price Range, Distribution Channel, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
- Plush Toys
- Rope and Tug Toys
- Balls
- Chew Tovs
- Squeaky Toys
- Interactive Toys
- Others
By Pet Type:
By Material Type:
- Rubber
- Cotton
- Nylon
- Plastic
- Others
By Type:
By Size:
By Price Range:
- Economy (Below US$10)
- Mid-Range (USD10 - USD25)
- Premium (Above USD25)
By Distribution Channel:
- Wholesalers/Distributors
- Supermarkets/Hypermarkets
- Convenience Stores
- Multi-Brand Stores
- Online Retailers
- Pet Specialty Stores
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Pet Toys Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Pet Toys Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Pet Toys Market, by Pet Type, 2020-2030 (USD Billion)
- 1.2.4. Pet Toys Market, by Material Type, 2020-2030 (USD Billion)
- 1.2.5. Pet Toys Market, by Type, 2020-2030 (USD Billion)
- 1.2.6. Pet Toys Market, by Size, 2020-2030 (USD Billion)
- 1.2.7. Pet Toys Market, by Price Range, 2020-2030 (USD Billion)
- 1.2.8. Pet Toys Market, by Distribution Channel, 2020-2030 (USD Billion)
- 1.2.9.
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Pet Toys Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Pet Toys Market Dynamics
- 3.1. Pet Toys Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing Urbanization
- 3.1.1.2. Rising Household Disposable Spendings
- 3.1.2. Market Challenges
- 3.1.2.1. Changing Consumer Preferences
- 3.1.2.2. Competition From Substitute Products
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing E-Commerce Market
- 3.1.3.2. Emerging Global Market
Chapter 4. Global Pet Toys Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Pet Toys Market, by Product
- 5.1. Market Snapshot
- 5.2. Global Pet Toys Market by Product, Performance - Potential Analysis
- 5.3. Global Pet Toys Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
- 5.4. Pet Toys Market, Sub Segment Analysis
- 5.4.1. Plush Toys
- 5.4.2. Rope and Tug Toys
- 5.4.3. Balls
- 5.4.4. Chew Tovs
- 5.4.5. Squeaky Toys
- 5.4.6. Interactive Toys
- 5.4.7. Others
Chapter 6. Global Pet Toys Market, by Pet Type
- 6.1. Market Snapshot
- 6.2. Global Pet Toys Market by Pet Type, Performance - Potential Analysis
- 6.3. Global Pet Toys Market Estimates & Forecasts by Pet Type 2020-2030 (USD Billion)
- 6.4. Pet Toys Market, Sub Segment Analysis
- 6.4.1. Dogs
- 6.4.2. Cats
- 6.4.3. Birds
- 6.4.4. Others
Chapter 7. Global Pet Toys Market, by Material Type
- 7.1. Market Snapshot
- 7.2. Global Pet Toys Market by Material Type, Performance - Potential Analysis
- 7.3. Global Pet Toys Market Estimates & Forecasts by Material Type 2020-2030 (USD Billion)
- 7.4. Pet Toys Market, Sub Segment Analysis
- 7.4.1. Rubber
- 7.4.2. Cotton
- 7.4.3. Nylon
- 7.4.4. Plastic
- 7.4.5. Others
Chapter 8. Global Pet Toys Market, by Type
- 8.1. Market Snapshot
- 8.2. Global Pet Toys Market by Type, Performance - Potential Analysis
- 8.3. Global Pet Toys Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 8.4. Pet Toys Market, Sub Segment Analysis
- 8.4.1. Non-Edible
- 8.4.2. Edible
Chapter 9. Global Pet Toys Market, by Size
- 9.1. Market Snapshot
- 9.2. Global Pet Toys Market by Size, Performance - Potential Analysis
- 9.3. Global Pet Toys Market Estimates & Forecasts by Size 2020-2030 (USD Billion)
- 9.4. Pet Toys Market, Sub Segment Analysis
- 9.4.1. Small
- 9.4.2. Medium
- 9.4.3. Large
Chapter 10. Global Pet Toys Market, by Price Range
- 10.1. Market Snapshot
- 10.2. Global Pet Toys Market by Price Range, Performance - Potential Analysis
- 10.3. Global Pet Toys Market Estimates & Forecasts by Price Range 2020-2030 (USD Billion)
- 10.4. Pet Toys Market, Sub Segment Analysis
- 10.4.1. Economy (Below US$10)
- 10.4.2. Mid-Range (USD10 - USD25)
- 10.4.3. Premium (Above USD25)
Chapter 11. Global Pet Toys Market, by Distribution Channel
- 11.1. Market Snapshot
- 11.2. Global Pet Toys Market by Distribution Channel, Performance - Potential Analysis
- 11.3. Global Pet Toys Market Estimates & Forecasts by Distribution Channel, 2020-2030 (USD Billion)
- 11.4. Pet Toys Market, Sub Segment Analysis
- 11.4.1. Wholesalers/Distributors
- 11.4.2. Supermarkets/Hypermarkets
- 11.4.3. Convenience Stores
- 11.4.4. Multi-Brand Stores
- 11.4.5. Online Retailers
- 11.4.6. Pet Specialty Stores
Chapter 12. Global Pet Toys Market, Regional Analysis
- 12.1. Top Leading Countries
- 12.2. Top Emerging Countries
- 12.3. Pet Toys Market, Regional Market Snapshot
- 12.4. North America Pet Toys Market
- 12.4.1. U.S. Pet Toys Market
- 12.4.1.1. Product breakdown estimates & forecasts, 2020-2030
- 12.4.1.2. Pet Type breakdown estimates & forecasts, 2020-2030
- 12.4.1.3. Material Type breakdown estimates & forecasts, 2020-2030
- 12.4.1.4. Type breakdown estimates & forecasts, 2020-2030
- 12.4.1.5. Size breakdown estimates & forecasts, 2020-2030
- 12.4.1.6. Price Range breakdown estimates & forecasts, 2020-2030
- 12.4.1.7. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 12.4.2. Canada Pet Toys Market
- 12.5. Europe Pet Toys Market Snapshot
- 12.5.1. U.K. Pet Toys Market
- 12.5.2. Germany Pet Toys Market
- 12.5.3. France Pet Toys Market
- 12.5.4. Spain Pet Toys Market
- 12.5.5. Italy Pet Toys Market
- 12.5.6. Rest of Europe Pet Toys Market
- 12.6. Asia-Pacific Pet Toys Market Snapshot
- 12.6.1. China Pet Toys Market
- 12.6.2. India Pet Toys Market
- 12.6.3. Japan Pet Toys Market
- 12.6.4. Australia Pet Toys Market
- 12.6.5. South Korea Pet Toys Market
- 12.6.6. Rest of Asia Pacific Pet Toys Market
- 12.7. Latin America Pet Toys Market Snapshot
- 12.7.1. Brazil Pet Toys Market
- 12.7.2. Mexico Pet Toys Market
- 12.8. Middle East & Africa Pet Toys Market
- 12.8.1. Saudi Arabia Pet Toys Market
- 12.8.2. South Africa Pet Toys Market
- 12.8.3. Rest of Middle East & Africa Pet Toys Market
Chapter 13. Competitive Intelligence
- 13.1. Key Company SWOT Analysis
- 13.1.1. Company 1
- 13.1.2. Company 2
- 13.1.3. Company 3
- 13.2. Top Market Strategies
- 13.3. Company Profiles
- 13.3.1. Central Garden & Pet Company
- 13.3.1.1. Key Information
- 13.3.1.2. Overview
- 13.3.1.3. Financial (Subject to Data Availability)
- 13.3.1.4. Product Summary
- 13.3.1.5. Recent Developments
- 13.3.2. Fluff & Tuff Inc.
- 13.3.3. Radio Systems Corporation
- 13.3.4. Multipet International, Inc.
- 13.3.5. Kyjen Company LLC
- 13.3.6. KONG Inc.
- 13.3.7. Benebone LLC
- 13.3.8. Petmate Holdings Co.
- 13.3.9. Coastal Pet Products, Inc.
- 13.3.10. Ethical Products, Inc.
Chapter 14. Research Process
- 14.1. Research Process
- 14.1.1. Data Mining
- 14.1.2. Analysis
- 14.1.3. Market Estimation
- 14.1.4. Validation
- 14.1.5. Publishing
- 14.2. Research Attributes
- 14.3. Research Assumption