31/10/2021 By RuneLite
Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "Durable Dog and Cat Pet Care Products in the U.S., 3rd Edition" report has been added to ResearchAndMarkets.com's offering.
The pet durables market to see a nearly 10% increase in 2020 bringing sales to $5.7 billion. The market is forecast to maintain strong but moderating annual sales gains through 2024, resulting in a compound annual growth rate of 4.4%.The coronavirus pandemic has impacted almost every facet of American life, and the durable pet products market has more than risen to the challenge, providing pet owners with the products they need to make pet ownership in the age of COVID-19 easier and more enjoyable for both pet and owner. All of the durable pet product categories experienced a significant sales bump during the initial stages of the pandemic, as pet owners rushed to purchase products such as gates and crates to keep pets contained while they worked from home, collars and leashes for the walks they now had the time to take, and toys to help keep pets entertained. On top of this, dog and cat ownership levels have increased, spurred by stay-at-home orders driving Americans to obtain new pets for companionship or to help keep children occupied, resulting in a boom in sales of durables new pets require including bowls, litter boxes, collars, beds, and toys.
Key trends explored include trends in new pet ownership, the pandemic-accelerated shift to e-commerce, the focus on health and wellness, opportunities for private-label products, and the growing interest in connected or "smart" pet products.
Key Topics Covered: CHAPTER 1: EXECUTIVE SUMMARYSCOPE AND METHODOLOGYMarket Definition: Seven Product CategoriesReport MethodologyMARKET OVERVIEWMarket Size and CompositionPandemic-Driven "At-Home" Trend Spurs Substantial BoostLargest Durables Category Is Toys at Over $1.8 BillionDogs Account for Lion's Share of Durables SalesMarket Share by Retail ChannelTech Products Reach $555 Million in SalesToys Purchased by Highest Percentage of OwnersMarket DriversPet Acquisitions, Work-from-Home Biggest Drivers of Durables Post-COVIDPets in PublicCoronavirus Impact on Shopping BehaviorPet Owners Use Internet Beyond Product PurchasingFocus on FelinesNatural/Eco-Friendly Products Gaining Momentum in Durables MarketCompetitive TrendsWide Range of Companies Compete in Durables MarketAcquisitions and Expansion Activity Dampened by COVID-19Pet Food Marketers Participate in Durable Pet ProductsLooking AheadModest But Steady Gains in U.S. Retail SalesTOYSMarket OverviewU.S. Retail Sales on Steady Upward CurveToy MarketersMarketing and New Product TrendsToys Category Receives Boost from Pandemic-Related "Play-at-Home" TimeCOLLARS, LEASHES, AND HARNESSESMarket OverviewU.S. Retail Sales Chalk Up Steady GainsMarketer OverviewMarketing and New Product TrendsCollars/Leashes/Harnesses in Demand as More Pets Accompany OwnersBEDSMarket OverviewU.S. Retail Sales Post Healthy GrowthMarketer OverviewMarketing and New Product TrendsFunction and FashionCRATES, CARRIERS, AND HOUSINGMarket OverviewU.S. Retail Sales Post Steady GrowthMarketer OverviewMarketing and New Product TrendsPet Comfort, Portability Among the Top AppealsBOWLS, FEEDERS, AND WATERERSMarket OverviewU.S. Retail Sales Post Steady GrowthMarketer OverviewMarketing and New Product TrendsPet Owners Choose Stylish and Solution-Based FeedersAPPAREL AND FASHION ACCESSORIESMarket OverviewU.S. Retail Sales Edge UpwardMarketer OverviewMarketing and New Product TrendsMerging Function and FashionLITTER BOXES AND ACCESSORIESMarket OverviewU.S. Retail Sales on the RiseMarketer OverviewMarketing and New Product TrendsPerformance and Convenience Are the WatchwordsOPPORTUNITIESCoronavirus Pandemic: Challenges - and OpportunitiesOpportunity 1-New Pet OwnershipOpportunity 2-Pet Owners at HomeOpportunity 3-E-commerceOpportunity 4-Total WellnessOpportunity 5-Subscription-Based ProductsOpportunity 6-Private LabelOpportunity 7-Resumption of AcquisitionsOpportunity 8-Pet TechOpportunity 9-Cats: The Underserved MinorityOpportunity 10-Products as Petcare ProvidersCHAPTER 2: MARKET OVERVIEWSCOPE AND METHODOLOGYMarket Definition: Seven Product CategoriesReport MethodologyMARKET SIZE AND COMPOSITIONPandemic-Driven "At-Home" Trend Spurs Substantial BoostLargest Durables Category Is Toys at Over $1.8 BillionDogs Account for Lion's Share of Durables SalesMarket Share by Retail ChannelTech Products Reach $555 Million in Sales in 2020MARKET DRIVERSPet Durables Nearly One-Third of Non-Food Pet Supplies MarketToys Purchased by Highest Percentage of OwnersToys Have Highest Purchase Rate Among Recent PurchasersThe Coronavirus CrisisDurable Pet Care Product Sales Boosted by Pet AcquisitionsChanges in Travel and Workplaces Encourage Durables PurchasesPets in PublicFDA Encourages Pet Owners to Protect Their PetsCoronavirus Impact on Shopping BehaviorOmnimarket Era Is Here to StayChanges in General Shopping PatternsBrick-and-Mortar Shopping ShiftsOnline Shopping ShiftsSubscription Boxes and Auto-ShipThe Financial Impact of the CoronavirusContinued Economic Hardship Not Yet Straining Pet OwnershipNon-Affluent Households Once Again Threatened by Price PressuresPet Owners Use Internet Beyond Product PurchasingFocus on FelinesNatural/Eco-Friendly Products Gaining Momentum in Durables MarketPet TechMillennials and Pet TechCamera Monitors and Treat DispensersCOMPETITIVE TRENDSWide Range of Companies Compete in Durables MarketWalmart Most Popular Retailer for Non-Food Pet Supplies PurchasesAcquisitions and Expansion Activity Dampened by COVID-19Petmate Acquires Pet QwerksEthical Products Partners with Liz BalesPet Food Marketers Participate in Durable Pet ProductsNestle Purina's Pet Care Innovation ContestMars' Companion Venture Fund and Leap Venture Studio and AcademyHill's Vetrax Collar Connects with Veterinarians and Pet OwnersLOOKING AHEADModest but Steady Gains in U.S. Retail SalesCHAPTER 3: TOYSMARKET OVERVIEWU.S. Retail Sales on Steady Upward CurveShares by Retail ChannelToy MarketersFocus on SustainabilityMARKETING AND NEW PRODUCT TRENDSToys Category Receives Boost from Pandemic-Related "Play-at-Home" TimeChew, Tug, and Catnip Toys Most Popular ChoicesChew ToysTug ToysFetch ToysPlush ToysPuzzle/Stimulation ToysTech ToysCat ToysCHAPTER 4: COLLARS, LEASHES, AND HARNESSESMARKET OVERVIEWU.S. Retail Sales Chalk Up Steady GainsShares by Retail ChannelMarketer OverviewMARKETING AND NEW PRODUCT TRENDSCollars/Leashes/Harnesses in Demand as More Pets Accompany OwnersNylon, Cloth Collars Most Widely Owned TypeRegular Leashes Still Most PopularNo-Pull/Training ProductsPetco Removes "Shock" Collars from Training OfferingsTraining/No-Pull New ProductsOutdoor GearHealth and Wellness ProductsStylish/DecorativeEco-FriendlyCat Collars, Leashes, and HarnessesPet Tracking, Monitoring, and MoreCHAPTER 5: BEDSMARKET OVERVIEWU.S. Retail Sales Post Healthy GrowthShares by Retail ChannelMarketer OverviewPet Beds Market Highly ConsolidatedMARKETING AND NEW PRODUCT TRENDSFunction and FashionCovered/Cup BedsDesigner/Decor BedsMats, Pillows, and RugsFunctional BedsLicensed BedsCHAPTER 6: CARRIERS, CRATES, AND HOUSINGMARKET OVERVIEWU.S. Retail Sales Post Steady GrowthShares by Retail ChannelMarketer OverviewMarket LeadersMARKETING AND NEW PRODUCT TRENDSPet Comfort, Portability Among the Top AppealsCarriersCat ContainmentPet Doors and GatesStrollersCrates and KennelsTravel Products Offer Security on the GoCHAPTER 7: BOWLS, FEEDERS, AND WATERERSMARKET OVERVIEWU.S. Retail Sales Post Steady GrowthShares by Retail ChannelMarketer OverviewMARKETING AND NEW PRODUCT TRENDSPet Owners Choose Stylish and Solution-Based FeedersDesigner BowlsFunctional Feeders/WaterersSmart Feeders and WaterersTravel Feeders/WaterersCHAPTER 8: APPAREL AND FASHION ACCESSORIESMARKET OVERVIEWRetail Sales Edge Upward and percentShares by Retail ChannelMarketer OverviewMARKETING AND NEW PRODUCT TRENDSMerging Function and FashionFunctional ApparelFashion-Focused ApparelCHAPTER 9: LITTER BOXES AND ACCESSORIESMARKET OVERVIEWRetail Sales on the RiseShares by Retail ChannelMarketer OverviewLitter Box and Litter Box Accessories MarketersMARKETING AND NEW PRODUCT TRENDSPerformance and Convenience Are the WatchwordsTraditional Litter Boxes and AccessoriesSelf-Cleaning and Smart Litter Boxes Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/n0op7v
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.