The global pet toys market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The rapidly booming pet care industry is realizing the need for personalized and smart tech-based dog toys that cater to the specific end-use requirements of pet users. With increasing, technological advancements pet toys that are enabled with solutions like AI-powered interactive robots are slowly gaining traction, especially among millennial pet owners. Moreover, these hi-tech and smart pet entertainment toys further offer mobile-friendly services and maintain a personalized online profile for owners and their animals. Interactive toys eliminate the need for manual control of toys by pet owners and aid in keeping pets engaged for a long time. Such aspects are expected to play a key role in driving the sales growth of pet toys in the near future. An increasing number of market players are driven by this idea.
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For instance, in February 2020, the PetSafe brand announced the launch of eight new products at the Global Pet Expo. Under its 8 new products offering, PetSafe launched three New Interactive Toys: Dancing Dot Laser Cat Toy, Play Away Timed Toy Box, and Kibble Chase Roaming Treat Dropper. The PetSafe Dancing Dot Laser Cat Toy can be placed on flat surfaces or hung from a doorknob for unique play sessions. Play Away Timed Toy Box dispenses two toys to dogs throughout the day based on a customizable schedule for all-day entertainment. Kibble Chase Roaming Treat Dropper moves throughout the room dispensing treats or kibble along the way, and automatically powers off after 10 minutes.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Pet Toys Market Report Segment
By Product Type
- Stuffed Toys
- Balls
- Rope and Tug Toys
- Squeaky Toys
- Chew Toys
- Others
By Application
- Indoor Toys
- Outdoor Dog
By Pet Type
- Dog
- Cat
- Others
Global Pet Toys Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Pet Toys market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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