GITNUX MARKETDATA REPORT 2024

Pet Toys Industry Statistics

The pet toys industry is expected to continue to grow due to increasing pet ownership rates and the rise in consumer spending on pet products.

Statistic 1

"The global pet toys market size was valued at USD 1.34 billion in 2018."

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Statistic 2

"The market is anticipated to expand at a compound annual growth rate (CAGR) of 4.7% from 2019 to 2025."

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Statistic 3

"The U.S. pet toys market is projected to reach USD 1.17 billion by 2025."

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Statistic 4

"In 2019, nearly 65% of U.S. households purchased pet toys."

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Statistic 5

"Revenue in the Pet Toys segment is projected to reach US$5,603 million in 2021."

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Statistic 6

"The Asia Pacific pet toy market is expected to grow at the highest CAGR of 5.3% from 2021 to 2027."

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Statistic 7

"Dog toys accounted for the largest share of more than 55% of the overall revenue in 2018."

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Statistic 8

"Almost 37% of pet owners bought a new toy for their pet at least once a month in 2019."

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Statistic 9

"Chew toys accounted for 33.3% of the market share in 2018."

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Statistic 10

"The online sales segment is expected to register the fastest CAGR of 5.6% from 2019 to 2025."

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Statistic 11

"The pet toy market in France is expected to grow by USD 95.92 million during 2020-2024."

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Statistic 12

"Global pet toys market is expected to grow at a CAGR of around 7% during the period 2020-2024."

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Statistic 13

"Latin America is projected to be the fastest growing regional market, expected to reach $29.2 million by 2025."

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Statistic 14

"In 2021, pet toys became the third most popular category in the pet supplies division, following food and accessories."

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Statistic 15

"North America dominated the market in 2018 with more than 35% of the overall revenue."

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Statistic 16

"The average annual pet toy spending per pet owner was approximately 50 U.S. dollars in 2019."

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Statistic 17

"The U.K. pet toy market is expected to grow by 36.1% during 2021-2025."

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Statistic 18

"Interactive pet toys hold 18% share in the global pet toys market."

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Statistic 19

"Cat toys accounted for just under 25% of the overall market share."

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Statistic 20

"The adoption rate of pets in developed countries like US and UK is more than 50%, which stimulates the growth of pet toys market."

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