Global Pet Accessories Market to Reach $17.2 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Pet Accessories market. The world market for pet accessories products is projected to reach $17.2 billion by the year 2015. Rising income levels, increasing numbers of nuclear households, growth in pet ownership, and increasing humanization of pets are major factors driving growth in the global pet accessories market.

Pet Accessories: A Global Strategic Business Report

The pet accessories market has evolved to become a significant contributor to sales in the overall pet industry. Pet accessory products are designed to provide comfort and relief to pets, and also allow pet owners to simplify pet handling. Growth in the market over the years is attributed to several interrelated factors - income levels, nuclear families, and pet ownership, among others. Humanization accounts for one of the most important reasons for the growth in the pet accessories market. Owners perceive pets, particularly dogs and cats as their true companions, and wish to give them as much care as their partner or child.

Product innovation, convenience, eco-friendliness, and aesthetics influence growth trends in the global pet accessories market. Toys account for the largest share in the pet accessories market, its performance being stimulated by increase in the number of innovative products. The growing demand for indulgent pet products, and emergence of specialized pet retail outlets are also expected to provide future growth opportunities for the pet accessories market.

The United States and Europe dominate the global pet accessories market, as stated by the new market research report on pet accessories market. The United States represents the largest and the fastest growing market for pet accessories. The growth is primarily attributed to the high pet ownership among American households, which presents enormous opportunities for various segments of the pet care market including food, veterinary services, accessories, and grooming. Europe continues to witness steady growth, with countries such as the United Kingdom, Germany, and France experiencing robust growth due to high pet ownership.

Major players profiled in the report include Ancol Pet Products Ltd., Beaphar UK Ltd., Ferplast Spa, Hartz Mountain Corporation, Nestlé Purina Petcare Company, Rolf C Hagen Inc., Rosewood Pet Products Ltd., and Shaws Pet Products Ltd.

The report titled "Pet Accessories: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, competitive scenario, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including The United States, Europe and Rest of World.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Pet_Accessories_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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