Pet Accessories Market Size To Reach $9.97 Billion By 2030

February 2025 | Report Format: Electronic (PDF)

Pet Accessories Market Growth & Trends

The global pet accessories market size is anticipated to reach USD 9.97 billion by 2030, growing at a CAGR of 6.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The global pet accessories industry is poised for robust growth in the foreseeable future, driven by escalating pet adoption rates, growing demand for pet-related products and services, and the trend of pet humanization. Pet accessories encompass a wide array of products including collars, leashes, bedding, feeding accessories, and waste disposal tools. The surge in global pet ownership reflects a growing trend of considering pets as cherished family members, receiving attentive care and affection. Notably, couples increasingly adopt pets as a precursor to evaluating their readiness for parenthood.

The market penetration of pet feeding and accessories within the broader market for pet accessories is significant and shows consistent growth. As pet owners prioritize the health and hygiene of their pets, there is an escalating demand for premium-quality products designed to cater to these concerns. These products play a crucial role in enabling pet owners to maintain the overall well-being of their animal companions.

Several factors contribute to the sustained expansion of this segment. Firstly, the rising rates of pet ownership worldwide serve as a primary driver, creating a larger customer base for pet accessories. Additionally, heightened awareness surrounding pet hygiene and wellness further propels the demand for specialized products in this category.

Furthermore, the availability of a diverse range of specialized pet accessories adds to the market's growth momentum, providing pet owners with a wide array of options to choose from. Moreover, as discerning pet owners increasingly seek products tailored to their pet's specific needs, there is a growing trend toward the development of natural and sustainable pet accessories. This trend not only meets consumer preferences but also aligns with broader environmental and ethical considerations, thus driving further market expansion.

In the Asia Pacific region, China emerged as one of the fastest-growing pet markets globally, attributed to the increasing popularity and societal acceptance of pet ownership within the country. As highlighted in the 2021 White Paper on China's Pet Consumption Trends, urban areas throughout China have experienced a nearly 50% surge in pet populations since 2015. Notably, consumers in China allocate an average annual expenditure of 6,600 Chinese Yuan (approximately USD 959) on pet-related expenses, with dog owners outspending cat owners. This trend is anticipated to drive significant growth in the regional pet accessories industry in the foreseeable future.

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Pet Accessories Market Report Highlights

The escalating trend of pet ownership, combined with the phenomenon of pet humanization and the burgeoning demand for high-end pet merchandise, is profoundly impacting the global market for premium pet accessories.
The demand for pet accessories in the U.S. is experiencing a notable surge, propelled by various socioeconomic factors. With a robust economy and increasing disposable income levels, American consumers are more inclined to invest in premium products for their pets. Moreover, the trend of pet humanization, where pets are considered cherished family members, has significantly influenced consumer behavior, leading to a higher demand for upscale accessories catering to their comfort and lifestyle needs.
In Asia Pacific, the demand for pet accessories is witnessing a remarkable uptick driven by evolving socioeconomic dynamics. Rising affluence levels, particularly in emerging economies, have empowered consumers to allocate a larger portion of their budgets to pet-related expenditures.