Research Nester has released a report titled “Pet Toys & Training Market – Global Demand Analysis & Opportunity Outlook 2027” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
American Pet Products Association (APPA) National Pet Owners Survey, in one of its reports stated that in the U.S. pet toys expenses for dogs and cats peaked to USD 79.00 spent annually in 2019-20 from a total of USD 64.00 spent annually in 2013-14. Additionally, pet owners of dogs and cats spent almost 15% for kennel boarding and 3% for toys out of total of some of the basic annual expenses during the period 2019-20 according to the statistics of the survey report.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-2168
The global pet toys & training market is anticipated to record a robust CAGR during the forecast period, i.e. 2019-2027. The market is segmented by animal type into dogs, cats, birds and others. Among all the segments, dog segment is anticipated to hold the largest market share on the back of pet owners preferring dogs for their loyal behavior and like being around humans. Additionally, dogs are often referred to as “man’s best friend”. APPA National Pet Owners Survey, a statistical survey report, stated that during the year 2018, 63.4 million of U.S. households owned a dog and the total of some of the basic annual expenses for the pet was around USD 1381.00 per annum.
Geographically, the global pet toys & training market is segmented by five major regions into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa region, out of which, North America is anticipated to hold the largest market share owing to high inclination for the adoption of pets by pet owners in the nations of Canada and the U.S. Around 67% of U.S. households owned a pet, which is around 84.9 million homes, according to the 2019-2020 APPA National Pet Owners Survey.
However, concerns for lack of knowledge of pet owners for being unable to use the toys properly for greater efficiency of the pet toys to the pet is estimated to act as a barrier to the growth of the global pet toys & training market.s report also studies existing competitive scenario of some of the key players of the global pet toys & training market, which includes profiling of KONG Company, Chuckit! Toys, Radio Systems Corporation, Benebone LLC, Doskocil Manufacturing Company, Inc. dba Petmate, Coastal Pet Products, MammothPet, Petsport USA, Inc., McCann Pet Group, and Shanghai Xinjian Pet Product Co., Ltd.
Request For Full Report@ https://www.researchnester.com/sample-request-2168
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Pet Toys & Training Market – Global Demand Analysis & Opportunity Outlook 2027”, analyses the overall global pet toys & training industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global pet toys & training market in the near future.
Get more information on this report: https://www.researchnester.com/reports/global-pet-toys-and-training-market/2168
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Company Name: Research Nester
Contact Person: Ajay Daniel
Email: Send Email
Phone: +1 646 586 9123
Address:77 water Street, 8th Floor,
City: New York
State: New York 10005
Country: United States