PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1844320
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1844320
The Global Pet Accessories Market was valued at USD 21.9 billion in 2024 and is estimated to grow at a CAGR of 7.3% to reach USD 43.1 billion by 2034.
The rising rate of pet ownership across urban, rural, and suburban regions continues to shape the future of the market. With more households adopting pets, demand for both essential and niche accessories is surging. This has opened doors for brands to innovate and meet the evolving needs of pet owners. Growing consumer awareness around pet wellness, comfort, and engagement is encouraging manufacturers to explore fresh product categories and improve designs that reflect current lifestyles and values, such as eco-consciousness and personalization.
Market Scope | |
---|---|
Start Year | 2024 |
Forecast Year | 2025-2034 |
Start Value | $21.9 Billion |
Forecast Value | $43.1 Billion |
CAGR | 7.3% |
Policy support in several countries encouraging pet adoption, alongside rising disposable income, is further increasing pet ownership. This rising trend has amplified interest in high-end, multifunctional products like smart collars, ergonomic toys, and AI-powered feeders. Enhanced distribution networks, especially through online platforms, are expanding product accessibility. The integration of technology in accessories, from fitness monitors to automated feeding systems, is becoming mainstream, while emerging economies are driving both affordability and innovation. As industry embraces digital commerce and data-driven customization, new growth avenues are constantly unfolding across global markets.
In 2024, the grooming and hygiene-related accessories generated USD 5.6 billion and are projected to grow at a CAGR of 8% through 2034. Pet owners are increasingly opting for interactive toys and hygiene essentials that cater to mental stimulation and physical activity. These toys are now made from biodegradable and recyclable materials to align with environmentally responsible values. The shift toward sustainability is also influencing design decisions and purchase patterns across the pet care space, making green alternatives a driving force in product development.
The dogs segment held a 55% share and is expected to grow at a CAGR of 7.5% from 2025 to 2034. Pet owners are now investing in health-enhancing accessories such as orthopedic bedding, digital health trackers, and supplement packs. Personalized accessories, including custom outfits and engraved tags, are becoming common among dog parents who now prioritize their pet's comfort and individuality as much as their own. As the pet-human bond deepens, spending on specialized accessories continues to rise.
U.S. Pet Accessories Market held a 76% share and generated USD 5.9 billion in 2024. The cultural shift toward treating pets as part of the family continues to influence spending behavior. Consumers in the U.S. are increasingly opting for smart pet accessories, including cameras, GPS trackers, and automated systems. Eco-friendly packaging and sustainable production practices are also gaining importance among American shoppers, reinforcing the demand for responsibly crafted pet products.
Key companies shaping the Global Pet Accessories Market include KONG Company, Red Dingo, Outward Hound, Pets at Home Group, Jollyes Pet Superstores, ZippyPaws, Coastal Pet Products, Central Garden & Pet, Ferplast, Merrick Pet Care, Rogz Pet Gear, Hartz Mountain, Nestle Purina PetCare, MidWest Homes for Pets, and Furhaven Pet Products. Leading players in the Pet Accessories Market are prioritizing product innovation, premiumization, and sustainability to stay competitive. Many brands are introducing smart pet products powered by connected technologies like GPS, health monitoring, and automation to cater to modern lifestyles. Customized offerings such as bespoke collars or tailored apparel are being introduced to appeal to pet owners seeking personalization. Companies are also investing in sustainable materials and recyclable packaging to align with growing environmental awareness. Strategic collaborations with retail chains and expanding their digital presence through e-commerce platforms allow firms to reach wider audiences.