"Pet Products in the United Kingdom" now available at Fast Market Research

Based on provisional 2015 estimates, pet products are expected to grow 4% in current value in the year to reach £886 million. Growth will be fuelled by "other" pet products, with this area benefiting from growth in the small mammal and pet reptile population in the year at 3% and 14% respectively. Many households are acquiring such pets for the first time and are thus spending heavily on pet housing and accessories, with sales of terrariums in particular boosting sales.

Competitive Landscape

Smaller companies are expected to make in-roads into pet products during 2015. Petface notably expanded distribution significantly over the last couple of years of their review period. The company's wide range of bedding, toys and accessories for dogs, cats and small mammals were listed in a number of independent pet stores by the end of the review period, as well as in major retailers such as Sainsbury’s and Argos. Private label products are also expected to gain share in 2015, with Waitrose and Sainsbury’s expanding their ranges and revamping their websites as they seek to boost sales of pet products.

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- http://www.fastmr.com/prod/1031840_pet_products_united_kingdom.aspx?afid=301

Industry Prospects

Pet products is expected to benefit from a number of factors in the forecast period, including rising economic confidence and the pet humanisation trend. Consumers are expected to increasingly view their pets as companions or members of the family, with many thus increasing their spending in this area. Pet toys are expected to particularly benefit from this trend, as will pet beauty products such as shampoo. In addition, sales are expected to benefit from the widening ownership of more exotic pets, particularly reptiles, with these requiring specialised housing and accessories.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Pet Products industry in United Kingdom with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Pet Products industry in United Kingdom, our research will save you time and money while empowering you to make informed, profitable decisions.

The Pet Products in United Kingdom market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

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