GITNUX MARKETDATA REPORT 2024

Pet Accessories Industry Statistics

The pet accessories industry is experiencing steady growth due to the increasing number of pet ownership and the rising trend of humanization of pets.

Statistic 1

"The global pet accessories market size was valued at $19.2 billion in 2018."

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Statistic 2

"North America dominated the pet accessories market in 2018 with over 35% revenue share."

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Statistic 3

"The market for pet accessories is expected to experience a CAGR (compound annual growth rate) of 6.5% from 2019 to 2025."

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Statistic 4

"The U.S. is the largest market for pet accessories, accounting for 35.6% of the global market in 2018."

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Statistic 5

"The cat accessories segment is anticipated to witness the fastest growth, with a CAGR of 7.0% from 2019 to 2025."

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Statistic 6

"Toys and training products segment was the largest share accounting for 30.0% of the total market in 2018."

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Statistic 7

"The offline channel segment held the largest share of 80.5% in 2018 in the pet accessories market."

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Statistic 8

"The online sales channel for pet accessories is projected to expand at a CAGR of 8.1% from 2019 to 2025."

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Statistic 9

"Europe was the second largest market, with a revenue share of over 30% in 2018 in the pet accessories market."

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Statistic 10

"Asia Pacific is expected to be the fastest-growing region in the pet accessories market, with a CAGR of 7.9% from 2019 to 2025."

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Statistic 11

"The pet beds segment accounted for 20% of the total revenue in the pet accessories market in 2018."

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Statistic 12

"The wallet share for pet products, which includes accessories, was approximately 27% in 2020."

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Statistic 13

"In the year 2020, North America accounted for almost 38.8% of the pet accessories market."

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Statistic 14

"Europe held 32.5% of the global pet accessories market in 2020."

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Statistic 15

"Asia Pacific's pet accessories market is expected to grow at a CAGR of 8.3% in the coming years."

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Statistic 16

"The dog accessories market is projected to grow at a CAGR of 6.5% from 2021 to 2026."

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Statistic 17

"The retail sales value of pet care, including pet accessories, in the United States was $55.33 billion in 2020."

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Statistic 18

"The pet grooming segment is expected to register a CAGR of 3.62% during 2021-2026."

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Statistic 19

"The dog segment was the largest, with a share of 53% in the pet accessories market in 2021."

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Statistic 20

"In 2021, the e-commerce segment in pet accessories market registered a CAGR of 9.84%."

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