Pet Toys Market Introduction and Overview
According to SPER Market Research, the Global Pet Toys Market is estimated to reach USD 25.06 billion by 2034 with a CAGR of 9.89%.
The rising demand for pet toys can be linked to increased knowledge of pet health and well-being, which has led pet owners to seek interesting and interactive toys to enrich their pets' lives. Furthermore, the humanization of pets has expanded, resulting in a desire to offer pets with stimulating and interesting toys similar to those used by humans. The growing trend of pet adoption, with 4.1 million animals finding forever homes each year, according to a Forbes article published in January 2024, is driving up demand for pet toys.
- In July 2022: Earth Rated, the top brand in the multi-use wipes and clean-up categories, has announced the release of a new line of creative dog toys. Earth Rated's strategic development into the play market sought to strengthen the link between canines and their owners while expanding their product offering. His toy collection included two toys designed to alleviate boredom and give cerebral stimulation, as well as three toys targeted at encouraging regular exercise and improving quality bonding time between owners and their pets.
- In April 2021: Play ology unveiled "We've Got Happy Down to a Science," a big milestone for the Nashville-based company that highlights its full product line. This effort demonstrates Play ology’s commitment to creating toys that encourage instinct-driven play through scientifically informed design. The advertisement coincides with Play ology’s sponsorship of the 147th Westminster Kennel Club Dog Show, which is set for May 6, 8, and 9 at Arthur Ashe Stadium in Queens, New York.
By Pet Type: Dog toys had the biggest market share of any pet kind in 2024, accounting for 51.95%. The humanization of pets, in which canines are increasingly seen as family members, encourages owners to invest more in their care and amusement. Rising disposable incomes enable increased spending on premium and innovative toys. Furthermore, there is rising recognition of the value of physical and mental stimulation for dogs, resulting in increased demand for toys that promote exercise and cognitive development. From 2024 to 2030, the market for cat toys is predicted to grow at a CAGR of approximately 9.5%. The availability of technologically advanced toys, such as laser pointers and computerized playthings, meets the modern pet owner's need for ease and innovation.
By Product: Chew toys accounted for the greatest market share in 2024. Chew toys are important for promoting dental health in pets by cleaning teeth and reducing plaque buildup, which appeals to health-conscious pet owners. Dogs' innate chewing impulse drives the need for sturdy and safe chew toys to prevent harmful behavior. Furthermore, material and design improvements, such as eco-friendly and flavor-infused chew toys, appeal to ecologically conscientious and discerning consumers. The simplicity of internet shopping platforms also allows pet owners to acquire a large range of chew toys. From 2024 to 2030, the market for soft toys is predicted to increase at a CAGR of approximately 10.11%. Soft toys offer comfort and friendship, which is particularly important for pets.
By Distributional System: In terms of distribution channel, sales of pet toys through hypermarkets/supermarkets dominated the sector with the highest revenue share in 2024. These huge retail chains have a wide range of pet toys, making it easy for pet owners to shop in one location. Customers can easily acquire pet toys on normal grocery shopping visits because hypermarkets and supermarkets are so accessible and widely available. These stores' competitive prices and regular discounts appeal to budget-conscious consumers seeking value. Buyers who wish to test the quality and durability of pet toys before purchasing will appreciate the ability to physically examine and select products.
Market Competitive Landscape:
The Global Servo Motors and Drives Market is highly consolidated. Some of the market players are Benebone LLC, Coastal Pet Products, Inc., Cosmic Pet, Ethical Products, Inc., Fluff and Tuff, Inc., Honest Pet Products, Jolly Pets, Pet mate, Pet sport USA, Inc., ZyppyPaws and Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2021-2034 |
Base year considered | 2024 |
Forecast period | 2025-2034 |
Segments covered | By Pet Type, By Product, By Distributional Channel. |
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
Companies Covered | Benebone LLC, Coastal Pet Products, Inc., Cosmic Pet, Ethical Products, Inc., Fluff and Tuff, Inc., Honest Pet Products, Jolly Pets, Pet mate, Pet sport USA, Inc., ZyppyPaws and Others. |
Key Topics Covered in the Report:
- Global Pet Toys Market Size (FY’2021-FY’2034)
- Overview of Global Pet Toys Market
- Segmentation of Global Pet Toys Market By Pet Type (Dog, Cat and Others)
- Segmentation of Global Pet Toys Market By Product(Chew Toys, Interactive Toys, Soft Toys, Plush Toys, Fetch Toys, Others)
- Segmentation of Global Pet Toys By Distributional Channel (Hypermarkets & Supermarkets, Specialty Pet Stores, Online and Others)
- Statistical Snap of Global Pet Toys Market
- Expansion Analysis of Global Pet Toys Market
- Problems and Obstacles in Global Pet Toys Market
- Competitive Landscape in the Global Pet Toys Market
- Details on Current Investment in Global Pet Toys Market
- Competitive Analysis of Global Pet Toys Market
- Prominent Players in the Global Pet Toys Market
- SWOT Analysis of Global Pet Toys Market
- Global Pet Toys Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Pet Toys Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Pet Toys Market
7. Global Pet Toys Market, By Pet Type (USD Million) 2021-2034
7.1. Dog
7.2. Cat
7.3. Others
8. Global Pet Toys Market, By Product (USD Million) 2021-2034
8.1. Chew Toys
8.2. Interactive Toys
8.3. Soft Toys
8.4. Plush Toys
8.5. Fetch Toys
8.6. Others
9. Global Pet Toys Market, By Distributional Channel (USD Million) 2021-2034
9.1. Hypermarkets & Supermarkets
9.2. Specialty Pet Stores
9.3. Online
9.4. Others
10. Global Pet Toys Market, (USD Million) 2021-2034
10.1. Global Pet Toys Market Size and Market Share
11. Global Pet Toys Market, By Region, (USD Million) 2021-2034
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. Benebone LLC
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Coastal Pet Products, Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Cosmic Pet
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Ethical Products, Inc.
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Fluff and Tuff, Inc.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Honest Pet Products
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Jolly Pets
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Pet mate
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Pet sport USA, Inc.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. ZyppyPaws
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.