Durable pet products doing well in the US

Market research firm Packaged Facts estimates that US retail sales of durable pet products for dogs and cats will reach 5.7 bn dollars by the end of 2020. These are up by 9.9 per cent from 5.2 bn dollars in 2019 and from 4.7 bn dollars in 2015, reflecting a 3.9 per cent compound annual growth rate (CAGR) for the 2015-2020 period. These findings were published in the recent study Durable Dog and Cat Petcare Products, 3rd Edition.
"After years of moderate growth, the 2020 bump is a welcome surprise to pet marketers initially fearful that the coronavirus outbreak would stifle sales," says David Sprinkle, research director for Packaged Facts. Instead of a pandemic-driven decline, the opposite has proved true as the pet market once again demonstrates its famous recession resilience.
Of the seven durable dog and cat pet care categories, toys are the largest, accounting for nearly one-third of sales (32 per cent) in 2020, or 1.8 bn dollars. Collars/leashes/harnesses come second at 22 per cent, followed by beds at 14 per cent and carriers/crates/housing at 13 per cent.