Pet Accessories Market Share

North America Market Analysis

The North America pet accessories market is expected to capture the largest share of 38.5% during the forecast period, 2025-2037. The rising rate of adopting pets and easy availability of products inflates the growth in this region. Domestic leaders are now introducing personalized pet products to cope with the demand, as humanized behavior towards animals increases. For instance, in June 2024, Pelton launched a pet-friendly fitness collection, enabling furry companions to join the workout sessions of their owners. The company also collaborated with Canada Pooch to create a limited-edition product line for summer accessories, providing pets with a cooling sensation. Such partnerships further inspire other luxury brands to avail more innovative products for pets.

The U.S. is focused on increasing the retailer network to streamline availability in the pet accessories market. Besides the growth in online shopping trends, domestic leaders are focused on strengthening their distribution channels by partnering with big retailer giants. For instance, in September 2024, Target Corporation launched The Cuddle Collab, an exclusive collection for pets and pet lovers. The range consists of more than 180 pieces of plush toys, favorable treats, and unique home décor, meeting the individual needs of cats, dogs, and humans.

Canada is showing great business opportunities for the leaders in the global pet accessories market. The growing awareness about the overall well-being of their pets has driven the demand for safe and engaging accessories higher. The government's efforts to ensure the good health of all companion animals have greatly contributed to creating scope for investment. For instance, in October 2024, the country’s Minister of Agriculture and Agri-Food released a grant of USD 13.3 million to enhance animal health and welfare.

APAC Market Statistics

The Asia Pacific presents great scope for development in the pet accessories market due to its ancient roots of connection with animals. Countries such as China, India, and Japan are now witnessing a cultural shift in treating pets as family members. This has influenced owners to invest more in purchasing pet-care products, ensuring their safety and comfort. The well-developed countries including Australia now offer a lucrative marketplace for high-end pet accessories. This is further dragging the focus of many global leaders. For instance, in October 2022, zee.dog partnered with Lucas Brands to capture the Australia market by introducing their innovative, fun, and durable accessories.

India is creating a large consumer base for the pet accessories market with its growing population in the middle-class economy. This is further resulting in a shift in pet-care habits, creating profitable opportunities for both domestic and global leaders. Many pet accessory brands are now introducing affordable lines of products to match the community's needs. For instance, in August 2023, Kanine collaborated with Myntra to launch international pet fashion and accessories brands including Tommy Hilfiger, BOSS Dog Accessories, and Ralph Lauren pets in India.

China is augmenting the regional pet accessories market with its large pet-care industry and inflating pet ownership. This has further raised the demand for premium products for companion animals, creating scope for global leaders to expand their business. For instance, in November 2022, Jiangsu Jijia Pet Products formed a financial alliance with Unicharm Investment Co., Ltd. to consolidate its position in the country’s enlarged pet market. The joint venture will avail the complete range of food, toilet sheets, system toilets, and disposable diapers for pets in China.