The United Kingdom cat toys market is poised for significant growth, with a projected compound annual growth rate (CAGR) of 5.5%. This expansion can be attributed to several factors, including the increasing number of pet owners and a growing awareness of the importance of mental and physical stimulation for feline companions.
The global cat toys market is on a robust growth trajectory, forecasted to reach an estimated value of USD 1,840 million by 2033, up from USD 1,015.1 million in 2023, advancing at a CAGR of 6.1% during the forecast period.
Manufacturers are increasingly focusing on the development of durable and stylish cat toys, which cater to the evolving preferences of cat owners. This surge in demand is further propelled by the rising awareness of the specific needs of cats, leading to a growing market for customized and innovative toys.
Despite the positive outlook, the market faces challenges, including reported cases of skin rashes linked to certain toy products, which may restrain growth. However, the trend toward eco-friendly and biodegradable toys offers significant opportunities for manufacturers to align with consumer preferences for safer products.
Key Takeaways
- The global cat toys market is projected to grow from USD 1,015.1 million in 2023 to USD 1,840 million by 2033, with a CAGR of 6.1%.
- Rising demand for durable and stylish cat toys is driving market growth.
- Concerns over skin rashes linked to some toys may hinder market expansion.
- Eco-friendly and biodegradable toys present significant growth opportunities.
- North America leads the market with a 22% share, followed by Europe at 19%.
- Increased awareness among pet owners is boosting the demand for innovative cat toys.
Market Players Working in the Cat Toys Market
- KONG Company
- Innovation Pet Petlinks System
- Leaps Bounds
- Ethical Products
- Hartz
- Honest Pet Products
- Innovation Pet.
- Midwest Homes for Pets
- PetMate
- PetSafe
- Petstages Inc.
- R2P Pet Ltd.
- Rolf C. Hagen Inc.
- Simply Fido
- Worldwide
- Kong Company
- Petsport USA Inc.
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Recent Developments in the Cat Toys Market
- In March 2019, Our Pet’s Company, a leading proprietary pet supplies company merged with Hyper Pet LLC, a leading pet toys and treat company to develop innovative and high-quality pet products in the USA
- In August 2021, Pusheen announced a long-awaited, limited edition collaboration: Hello Kitty x Pusheen, online and in-store at Hot Topic, in the United States of America and Canada.
- In July 2022, Fancy Feast, the most popular brand of gourmet wet cat food in the United States of America, announced the opening of Gatto Bianco by Fancy Feast, a limited-time, Italian-style trattoria and culinary experience in New York City, to celebrate its new globally inspired Medleys recipes.
- In April 2022, Purina Pro Plan Veterinary Supplements announced that Calming Care, its #1 veterinarian-recommended probiotic brand for supporting calm behavior in dogs, is now available for cats. Calming Care is a management option for owners whose cats experience anxious behaviors like hiding or pacing.
Key Segments Profiled in the Cat Toys Market Survey
By Product Type:
- Cat Ball Toy
- Sponge Ball
- Feeder Ball
- Fuzzy & Furry Ball
- Others
- Interactive Toys
- Plush Toys
- Cat Scratching Toys
- Cardboard
- Sisal
- Carpet
- Wood
- Other Product Types
By Material Type:
- Edible
- Non-Edible
By Distribution Channel:
- Hypermarkets/Supermarkets
- Pet Stores
- Online Retail
By Region:
- North America
- Latin America
- Asia Pacific
- The Middle East and Africa
- Europe
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