Current AffairsIndustry News

Pet owners’ unwillingness to compromise boosts market growth

Research shows that pet owners’ unwillingness to compromise, as well as an expansion in the grooming market has influenced the industry and forecasts possible growth in the next few years.

AMA Research has published the ninth edition of the ‘Pet Accessories Market Report – UK 2015-2019 Analysis’.

This report includes up to date information on recent trends and issues that continue to impact on the market and forecasts for market development over the next few years.

There are many different factors concerning the market growth such as; the humanisation of pets, product innovation and the impact of the internet on distribution.

Humanisation of pets plays a large part in the resilience of the pet accessories market during the difficult economic climate.

Sales of grooming products, as well as care products, has continued to underpin the market owners viewing as essential. Premium products and higher levels of ownership for specialist and cross-breeds have also accelerated growth.

Aquariums and other vivarium’s have experienced low level growth.

The pet accessories market is forecast to experience steady growth until 2019.


Back to top button