Pet toys & training products are referred to all those products, which are designed for pets with the intention for playing or providing training. Serving a variety of purposes for pets, these products aim to encourage the pet’s overall health and discourage problem behavior resulting from boredom and excess energy. Toys offer mental and physical stimulation and enrichment, whereas pet trainers or dog owners use these toys to train their pets.

The global pet toys & training market is thriving on the back of growing pet industry and increase in spends by pet owners for the overall betterment of the pets. In addition, rising concern for health diseases of pets amongst pet owners and the behavioral issues observed in pets from boredom, all of these factors together are anticipated to contribute significantly towards the growth of the global pet toys & training market. According to American Pet Products Association (APPA), total pet industry expenditures in the U.S. grew from USD 48.35 billion in the year 2010 to USD 72.56 billion in the year 2018 and is further estimated to reach USD 75.38 billion by the year 2019.

The market is anticipated to record a robust CAGR throughout the forecast period, i.e. 2019-2027. The global pet toys & training market is segmented by animal type into dogs, cats, birds and others. Dogs segment is anticipated to hold the largest market share on the back of dog being the preferably accepted pet amongst pet owners. Dogs are often referred to as “man’s best friend” owing to their loyal behavior and like being around humans. Riding on the back of such factors, dogs are the most widely accepted pets and pet owners are known to spend heavily on them. Another statistics by the APPA National Pet Owners Survey stated that the number of U.S. households that owned a dog during the year 2018 was 63.4 million. Apparently, the report also stated that total of some of the basic annual expenses for dogs constituted to around USD 1381.00 per annum. CLICK TO DOWNLOAD SAMPLE REPORT