Pet Accessories Market Size

Pet Accessories Market size was over USD 23.8 billion in 2024 and is estimated to reach USD 59.2 billion by the end of 2037, expanding at a CAGR of 7.9% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the pet accessories is evaluated at USD 25.6 billion.

Growing awareness about the well-being of animal companions has propelled significant growth in this sector. The penetration of the internet has helped the pet-care industry to drag the focus of consumers on maintaining the health of pets. According to the Census report published in June 2024, the revenue from pet care services in the U.S. reached USD 10.7 billion by the end of 2021. Subsequently, this has increased the demand for pet foods and accessories.

Growing humanized behavior towards animals has highly influenced the owners to invest more in the pet accessories market. The emotional attachment to the pets has pushed customers to keep the happiness and needs of their companion in mind. This has further inflated the expenses of pet-care products, resulting in the growth of this sector. According to the U.S. Bureau of Statistics, in November 2023, pet-related expenditures are becoming a remarkable part of consumers’ budgets, reaching USD 102.8 billion by 2021. This is inspiring leaders to introduce more innovative and animal-engaging accessories. For instance, in August 2024, Raw Sugar launched its biggest direct-to-customer clean personal care product line for pets.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the pet accessories market was over USD 23.8 billion.

The market size for the pet accessories market is projected to reach USD 59.2 billion by the end of 2037 expanding at a CAGR of 7.9% during the forecast period i.e., between 2025-2037.

The major players in the market are Central Garden & Pet Company, Coastal Pet Products, Inc., Ferplast S.p.A., Hartz Mountain Corporation, Jollyes Pet Superstores, KONG Company, Merrick Pet Care, Inc., MidWest Homes for Pets, Nestlé Purina PetCare, Outward Hound, Petco Animal Supplies, Inc., Petmate Holdings Co., Pets at Home Group Plc, PetSmart, Inc., Rolf C. Hagen Inc., Spectrum Brands Holdings, Inc., TRIXIE Heimtierbedarf GmbH & Co. KG, and others.

In terms of product type, the toys and playthings segment is anticipated to garner the largest market share of 35.1% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 38.5% by the end of 2037 and provide more business opportunities in the future.

Pet Accessories Market Size