The global cat toys market is projected to experience strong growth, with a forecasted market size of USD 1,840 million by 2033, up from USD 1,015.1 million in 2023, reflecting a compound annual growth rate (CAGR) of 6.1% during the forecast period.
The rapid expansion of the market is attributed to several key factors, including increasing awareness among pet owners about the importance of using specialized toys designed for cats with varying needs. As pet ownership grows globally and consumer preferences shift towards high-quality, durable, and eco-friendly products, cat toy manufacturers are adapting by offering innovative designs and materials. The demand for these products is further fueled by the rising trend of adopting stray and abandoned cats, as well as the growing humanization of pets.
Key Drivers of Market Growth
- Rising Demand for Specialized Cat Toys: There is a noticeable shift towards cat toys that serve specific purposes, such as training, teething, and targeting, which are essential for a cat’s mental and physical well-being. The growing adoption of kittens and the increasing need for behavioral training are driving demand for diverse cat toy offerings.
- Eco-Friendly and Safe Toy Options: Consumers are becoming more cautious about the quality of the toys they purchase, with a strong preference for eco-friendly, bio-degradable, and chemical-free options. This trend is encouraging manufacturers to focus on sustainable and safe products for cats, which is expected to positively impact the market.
- Surge in Disposable Income and Pet Ownership: The increasing disposable income in developing economies is contributing to a rise in cat ownership and, consequently, the demand for high-quality cat toys. Pet parents, especially those treating their pets like family members, are spending more on premium cat toys.
Regional Insights
- North America: The region leads with a large pet-owning population, especially in the U.S., driving significant demand for diverse and innovative cat toys.
- Europe: With rising demand for premium-quality pet products, countries like the UK and Germany contribute to Europe’s strong presence in the cat toy industry.
- China: China’s rapidly growing pet ownership and increasing disposable income are expected to fuel the demand for cat toys at an impressive growth rate.
- India: Despite slower growth, India’s growing pet adoption and rising incomes are contributing to the steady expansion of the cat toy sector.
- Australia: A growing number of pet owners and changing pet care preferences in Australia are driving demand for high-quality 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.
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.
Tap into Expertise: Discuss with Our Analyst on Email: sales@futuremarketinsights.com
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
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
