NEWARK, DE / ACCESSWIRE / July 6, 2023 / According to Future Market Insights (FMI), the dog toys market in the United States is estimated to total US$ 3,083.2 million in 2023. For the forecast period 2023 to 2033, sales of dog toys in the United States will be expected to increase at 3.5% CAGR . By 2033, the United States market is set to cross the value of US$ 4,359.2 million.
The growth in the dog toys industry in the United States is driven by several factors. This includes the growing number of pet owners and increasing consumer awareness of pet health and well-being.
The growing trend of pet humanization and focus on meeting the training and behavioral needs of dogs is also driving the market.
Pet owners treat their pets as family members and are willing to spend more on premium products like dog toys. This high spending on pets is expected to boost the dog toys industry in the United States.
Dog toys can help owners train pets and provide channels for their natural instincts as well as encourage positive behavior with health benefits for their dogs. .
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The dog toys market in the United States is one of the leading and most diverse in the world. Factors such as increasing adoption of pets, changing consumer lifestyles, product innovation, and increasing pet humanization are major drivers of the United States market.
The market is highly competitive, with a large number of brands and manufacturers offering a wide range of products. Some of the top dog toy manufacturers across the United States include COLLAR LLC, Ethical Products Inc., West Paw Inc., and others.
Key Takeaways from this Market:
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The dog toys industry in the United States is estimated to reach US$ 3,083.2 million in 2023.
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From 2023 to 2033, dog toy sales in the United States market are set to grow at approximately 3.5% CAGR.
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By 2033, the United States market size is expected to reach US$ 4,359.2 million in 2033.
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By product type, the floating toys segment is expected to grow at a 5.6% CAGR during the projection period.
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By sales channel, the modern trade segment holds a market share of 26.9% while the online retailers segment is expected to grow at a higher CAGR of 7.3% through 2033.
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The dog toys market in the Western region is likely to expand at a CAGR of ~4.4% during the assessment period.
“Dogs are viewed as members of the family leading to increased humanization of dogs. As pet owners are willing to invest in quality and premium products that enhance comfort, health, and overall welfare of their dogs, sales of dog toys are likely to increase steadily across the United States over the next ten years. To generate revenue, companies are expanding their product portfolios by introducing of new dog toys,” – said an FMI analyst.
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Who Wins?
Some of the top dog toy manufacturers listed in the report include American Dog, COLLAR LLC, Doskocil Manufacturing Company Inc., Ethical Products Inc., Goughnuts Inc., Hagen Inc., Penn-Plax Inc., Radio Systems Corporation , Unicharm Corporation , West Paw Inc. among others.
These major companies are constantly innovating for the development of novel pet toys. They also focus on reducing product prices and strengthening their distribution networks. Further, various players are implementing strategies such as mergers, agreements, partnerships, collaborations, etc. to gain a competitive advantage in the market.
Recent developments:
In 2022, new dog toys are launched by Huxley & Kent, a well-known leader in pet toys and accessories.
Get More Valuable Insights:
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the dog toys market in the United States, presenting historical demand data (2018 to 2022) and forecast statistics for period from 2023 to 2033.
The study reveals compelling insights into the United States dog toys industry based on product category (training toys, health toys, grooming toys, and others), type of product (chew toys, rope toys, squeak toys, interactive toys, ball toys, soft toys. , scary toys, tug toys, floating toys, etc.), material (fabric, plastic, rubber, wood, etc.), age group (puppies, adult dogs, and senior dogs), and sales channel (modern trade, convenience stores, pet specialty stores, multi -brand stores, online retailers, and other sales channels).
Market by Category:
By Product Category:
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Training Toy
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Health Toys
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Repair Toy
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The others
By Product Type:
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Chew Toys
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Rope Toys
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Squeak Toys
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Interactive Toys
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Toy Balls
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Toys
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Spreading Toys
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Pull toys
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Floating Toys
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The others
By Material:
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Fabric
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Plastic
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rubber
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Wood
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The others
By Age Group:
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puppies
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Adult Dogs
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Old Dog
Through Sales Channel:
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Innovative business
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Convenience Stores
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Specialty Pet Stores
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Multi-Brand Stores
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Drug Stores
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Online Retailers
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Other Sales Channels
Need customized data for United States Dog Toys Market? Request a report customization to get the insights you’re looking for.: https://www.futuremarketinsights.com/customization-available/rep-gb-17513
About the Consumer Product Division at Future Market Insights (FMI):
The consumer product team at Future Market Insights (FMI) provides all the necessary insight and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of over 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to assist with every business intelligence research and consulting requirement.
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