Press Release

Pet Utility Products Market to Grow with a CAGR of 5.3% through 2029

Global Pet Utility Products Market continues to evolve, driven by increasing pet ownership, rising disposable incomes, and growing awareness about pet care.

 

According to TechSci Research report, “Pet Utility Products Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Pet Utility Products Market stood at USD 36.06 billion in 2023 and is anticipated to grow with a CAGR of 5.3% in the forecast period. The global pet utility products market is experiencing robust growth, driven by rising pet ownership, increasing awareness of pet health and wellness, and a demand for innovative and functional pet accessories. This market encompasses a wide range of products designed to enhance the well-being of pets and simplify pet ownership. These products include grooming tools, feeding and watering systems, travel accessories, training aids, and health care items. The expansion of the market is largely attributed to the increasing number of households with pets and a growing emphasis on providing comprehensive care and comfort for animals.

A major driver of this growth is the global surge in pet ownership. As more people bring pets into their homes, there is a heightened demand for products that address their diverse needs, from essential items like food and water bowls to specialized products such as automatic feeders and pet-safe cleaning supplies. The trend of treating pets as family members has fueled a demand for high-quality, durable, and aesthetically pleasing products that enhance pets' lives and seamlessly fit into pet owners' lifestyles. Pet owners are increasingly investing in products that improve their pets' health, safety, and overall quality of life, reflecting a broader shift towards prioritizing pet care.

Rising awareness of pet health and wellness is another crucial factor driving market growth. Pet owners are becoming more informed about the importance of regular grooming, proper nutrition, and preventive healthcare, leading to higher demand for grooming tools, health supplements, and specialized feeding and watering solutions. Products such as ergonomic grooming brushes, dental care solutions, and premium pet food are in increasing demand as owners seek to address their pets' specific health needs. The focus on wellness also extends to products designed to promote mental and emotional well-being, including interactive toys and calming products.

Consumer preferences for eco-friendly and sustainable products are shaping the market as well. Growing environmental awareness has led to increased demand for products made from sustainable materials, such as biodegradable waste bags, recyclable toys, and natural grooming items. Manufacturers are responding by integrating eco-friendly materials and practices into their offerings, catering to environmentally conscious consumers. This trend towards sustainability is expected to continue influencing the market, with a focus on reducing waste and promoting responsible practices.

 

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The global Pet Utility Products market is segmented into type, animal type, distribution channel and region.

Based on the animal type, dogs was the dominated category, driven by the high prevalence of dog ownership and the extensive range of products tailored specifically for canine needs. Dogs are the most popular pets worldwide, resulting in a substantial demand for utility products that cater to their diverse requirements. This includes grooming tools, feeding and watering systems, training aids, health care products, and travel accessories designed to enhance their well-being and ease pet ownership.

The dominance of the dog segment is fueled by the comprehensive nature of products available for canines. Items such as specialized grooming brushes, automatic feeders, and orthopedic beds address the specific needs of dogs, reflecting their varied sizes, breeds, and activity levels. Additionally, the trend of treating dogs as integral family members drives the demand for high-quality and functional products that improve their health, comfort, and lifestyle. The substantial market share of dog-related products highlights the significant investment pet owners are willing to make to ensure their dogs’ well-being, making this segment the largest within the global pet utility products market.

 

Major companies operating in global Pet Utility Products market are:

  • Radio Systems Corporation (PetSafe)
  • The KONG Company, LLC
  • PetSmart LLC
  • Petco Animal Supplies Stores, Inc.
  • TRIXIE Heimtierbedarf GmbH & Co KG
  • Bayer AG
  • Mars, Incorporated
  • Hill's Pet Nutrition, Inc.
  • Simmons Foods, Inc.
  • Qingdao D&R Hygienic Products Co., Ltd.

           

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Technological advancements are also significantly impacting the pet utility products market. Innovations such as smart pet products GPS trackers, automatic litter boxes, and interactive toys—are transforming how pet owners manage and engage with their pets. These products offer enhanced functionality and convenience, allowing for health monitoring, feeding management, and mental stimulation. Features like self-cleaning litter boxes and automated feeders have gained popularity for their ability to reduce the time and effort involved in pet care. As technology evolves, the market is expected to continue benefiting from advancements that provide increased convenience and improved performance”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Pet Utility Products Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Pet Collars & Leashes, Feeding Accessories, Grooming Accessories, Travel Accessories, Others), By Animal Type (Dogs, Cats, Birds, Others), By Distribution Channel (Online, Offline), By Region & Competition 2019-2029F", has evaluated the future growth potential of global Pet Utility Products market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Pet Utility Products market.


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