Pet Toys Market Scope
Pet Toys and training Product are made for pets which are widely used to play. The pet toys are speciality products and are manufactured according to the requirement. The global toys are expected to grow significantly in the forecasted period due to the inclination of consumer towards the adoption of pets. This allows pets to get trained and helps pets in their physical activities triggering the growth of global pet toys. The growth can be attributed to the steady demand for sport and fetch toys as well as renewed interest in chew toys.
According to AMA, the Global Pet Toys market is expected to see growth rate of 4.87% Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Pet Toys market throughout the predicted period.
Bradley Caldwell (United States), Petstages Inc. (United States), Kyjen Company, LLC (United States), Hartz (United States), Jw Pet Company (United States), Petmate (United States), West Paw Design (United States), Multipet International, Inc. (United States), Tuffy (United States), Kong Company (United States), Canine Hardware (United States) and Worldwise Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Fab Toys (United Kingdom) and Premier Pet Products (United States).
Segmentation Overview
The study have segmented the market of Global Pet Toys market by Type (Action & Toy Figures, Dolls, Interlocking Blocks, Water Floats & Loungers and Other) and Region with country level break-up.
On the basis of geography, the market of Pet Toys has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Demographic Trend For Dog and Cat Toys
Market Growth Drivers:
Rising Propensity of Pet Owners Toward Buying Pet Toys and Growing Preference For Toys That are Eco-Friendly
Challenges:
Lack of Distribution Channel
Restraints:
Lack of Knowledge Regarding The Use of Specific Toys by Pet Owners
Opportunities:
Humanization of Pets, Internet and Supermarket Sales of Cat and Dog Toys and Demand For Natural and Eco-Friendly Pet Toys
"The Association of American Feed Control Officials (AAFCO) examines a range of pet food and treat issues including the regulation of nutraceuticals, functional foods and herbs and botanicals. APPA has participated in a dialogue among federal and state officials as well as industry representatives on several task forces and is currently represented on numerous AAFCO Committees as liaisons. "
Key Target Audience
Pet Toys Manufacturer, Associations and Government Bodies, Pet Toys Supplier, Raw Material Supplier and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.