Ferret Toys Market
Ferret Toys Market By Type (Plush Toys, Rope & Tug Toys, Balls, Chew Toys, Squeaky Toys, Interactive Toys), By Material (Rubber, Cotton, Nylon, Plastic), By Size (Small, Medium, Large), By Sales Channel (Modern Trade Channels, Online Channel) & By Region - Global Market Insights 2019 to 2029
Analysis of Ferret Toys Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ferret Toys Market Forecast and CAGR
According to latest research study by FactMR, Ferret Toys market is projected to showcase substantial CAGR of close to 7% during 2021-2031. Ferret Toys demand will witness a surge with optimistic growth outlook as rapidly increasing ferret pet ownership is projected to have a positive influence on ferret toy sales.
Another expectant factor that will likely drive growth is the mounting spending on pets by pet owners, increasing disposable income, rising urbanization along with strengthening relationship between humans and their pets
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What is Driving Demand for Ferret Toys?
Domesticated ferrets are very friendly and they adapt their sleeping patterns to those of their owners building an intact bond. Also, ferrets, cats and dogs usually coexist comfortably and even amicably. However, since they prey on smaller companions like birds and rodents in nature, they are kept from free access to birds.
Also, ferret racing is a traditional London sport in which competitor race ferrets through drain pipes. A small portion of the pipe is removed and covered with chicken wire so that audiences can see how far the pets have progressed. The animals seem to enjoy the games as well as the company of their fellow ferrets.
Although, ferret is not being adopted as pet on much large scale, still there lies huge population who have been compassionate about petting fetter. As the customers are finding leisure time to spend with their pets, there has been promising rise in ferret toys
During the forecast period 2021-2031, the global pet toys market is projected to witness CAGR of more than 7%, with a market value of about US$ 2,550 million in 2021.The ferret toy is expected to rise steadily in sales over the forecast period, owing to an increase in the number of ferret and the rising popularity of their toys and accessories.
Factors Driving Ferret Toys Sales
The do-it-yourself (DIY) trend is exploding right now, and the pet toys industry is no exception. Consumers are more likely to make toys for their pets rather than purchase them as a result of this action. Consumers who want quality materials and long-lasting product without the inconvenience of additional costs are increasingly turning to DIY.
Smart pet toys are steadily gaining popularity, owing to rapid technological development. The tech-savvy essence of millennial pet owners has prompted industry leaders to create high-tech and intelligent pet entertainment solutions.
Felik, for example, is a smart pet toy that includes a camera and AI (Artificial Intelligence) that can monitor the pet's movements automatically.
Some owners are astounded by their ferrets' ability to solve problems. Ferrets are determined little creatures that will work tirelessly to solve a problem. It is recommended to provide them with puzzle-based toys or games because they enjoy challenging puzzles and games.
Owing to aforementioned factors, production for the ferret toys and accessories likely to improve the market over the course of the assessment period.
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US Ferret Toys Market Outlook
The United States is one of the world's largest markets for ferret toys. The US ferret toys market is projected to increase during the forecast period of 2021-2031. Sales for ferret toys is expected to rise in the coming years with the increasing number of ferret adoption along with owners opting for more innovative and attractive toys for their ferret.
In the United States, pet ownership is increasing and according to the American Pet Products Association, about 70% of American households own a pet. Pet owners in the United States take their duty of pet caring on another level, which is why they are willing to spend money on luxuries and essentials for their pets.
According to the American Ferret Association, some states have restrictions on ferret importation and ownership. Ferrets are prohibited as pets in California, Hawaii, and the District of Columbia. Some states have stringent laws governing the ownership, importation, sale, neutering, and vaccination of ferrets.
There are an estimated 326 ferret per 1,000 households and 501 ferrets per 1,000 population in the United States. Pet owners in the country are able to spend money on pet accessories such as toys for their ferret, as well as essentials such as dietary supplements and nutrition. As a result of these factors, the United States has the largest share of ferret toys market space.
How Online Sales Channel will Uphold Ferret Toys Market
With the mounting pet care industry, players have recognized the need to include personalized and tailored products that conform to pet owner’s unique end-use requirements. In response to the increasing demand for customised pet toys, prominent players are allowing pet owners to personalize their pet's needs through their online platforms.
Using cutting-edge online distribution platforms, key players have been able to establish a distinct brand value and provide consumers with a unique experience. The ability to compare prices and product attributes, as well as the availability of a wide range of products offered by different brands, are expected to drive segment development.
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Who are the Key Manufacturers and Suppliers of Ferret Toys?
Some of the leading manufacturers and suppliers of ferret toys include Ferret Nation, Kong Company, Marshall Pet, SPOT, Superpet, Niteangel, Marshall Pet Products, MidWest Homes for Pets, WARE, and Kaytee.
The ferret toy market is highly competitive, with regional and local players having a significant presence. Enhancing market reach is one of the key practices for gaining a revenue edge over competitors.
In addition, manufacturers are increasing their market penetration by collaborating with digital pet care retailers such as Amazon, Walmart, Chewy, Petco, and others, with the aim of expanding their toy products to a wider audience. Such growth strategies introduced by players are also expected to play a significant role in increasing product acceptance.
Ferret Toys Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Key Segments
By Type
- Plush Toys
- Rope and Tug Toys
- Balls
- Chew Toys
- Squeaky Toys
- Interactive Toys
- Others
By Material
- Rubber
- Cotton
- Nylon
- Plastic
- Others
By Size
- Small
- Medium
- Large
By Sales Channel
- Modern Trade Channels
- Online Channel
- Third Party Website
- Direct to Customer
- Animal Pharmacy
- Others
By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Type 6.2. Material 6.3. Size 6.4. Sales Channel 7. Global Market Analysis and Forecast, By Type 7.1. Plush Toys 7.2. Rope and Tug Toys 7.3. Balls 7.4. Chew Toys 7.5. Squeaky Toys 7.6. Interactive Toys 7.7. Others 8. Global Market Analysis and Forecast, By Material 8.1. Rubber 8.2. Cotton 8.3. Nylon 8.4. Plastic 8.5. Others 9. Global Market Analysis and Forecast, By Size 9.1. Small 9.2. Medium 9.3. Large 10. Global Market Analysis and Forecast, By Sales Channel 10.1. Modern Trade Channels 10.2. Online Channel 10.3. Animal Pharmacy 10.4. Others 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Type, Material, Size, and Sales Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Ferret Nation 21.2. Kong Company 21.3. Marshall Pet 21.4. SPOT 21.5. Superpet 21.6. Niteangel 21.7. Marshall Pet Products 21.8. MidWest Homes for Pets 21.9. WARE 21.10. Kaytee
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Type
Table 03: Global Market US$ Mn Forecast by Material
Table 04: Global Market US$ Mn Forecast by Size
Table 05: Global Market US$ Mn Forecast by Sales Channel
Table 06: North America Market US$ Mn Forecast by Country
Table 07: North America Market US$ Mn Forecast by Type
Table 08: North America Market US$ Mn Forecast by Material
Table 09: North America Market US$ Mn Forecast by Size
Table 10: North America Market US$ Mn Forecast by Sales Channel
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Type
Table 13: Latin America Market US$ Mn Forecast by Material
Table 14: Latin America Market US$ Mn Forecast by Size
Table 15: Latin America Market US$ Mn Forecast by Sales Channel
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Type
Table 18: Western Europe Market US$ Mn Forecast by Material
Table 19: Western Europe Market US$ Mn Forecast by Size
Table 20: Western Europe Market US$ Mn Forecast by Sales Channel
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Type
Table 23: Eastern Europe Market US$ Mn Forecast by Material
Table 24: Eastern Europe Market US$ Mn Forecast by Size
Table 25: Eastern Europe Market US$ Mn Forecast by Sales Channel
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Type
Table 28: East Asia Market US$ Mn Forecast by Material
Table 29: East Asia Market US$ Mn Forecast by Size
Table 30: East Asia Market US$ Mn Forecast by Sales Channel
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Type
Table 33: South Asia & Pacific Market US$ Mn Forecast by Material
Table 34: South Asia & Pacific Market US$ Mn Forecast by Size
Table 35: South Asia & Pacific Market US$ Mn Forecast by Sales Channel
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Type
Table 38: MEA Market US$ Mn Forecast by Material
Table 39: MEA Market US$ Mn Forecast by Size
Table 40: MEA Market US$ Mn Forecast by Sales Channel
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Size
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How Much Growth Potential the Ferret Toys Market Holds?
Ferret toys market is estimated to grow at a CAGR of 7% during the forecast period.
Why is Ferret Toys Market Witnessing High Performance?
Due to an increase in ferret populations and the growing appeal of their toys and accessories.
Where will Manufacturers find Most Opportunities in the Ferret Toys Industry?
The U.S. is likely to be a region with lucrative opportunities for the ferret toys manufacturers.
Ferret Toys Market