Canada Pet Products Market 2024

Description

The pet products market in Canada was estimated at USD 2,212 million in 2023 and is expected to hit USD 3,346 million by 2029, registering a CAGR of 7.1% from 2024 to 2029 as per the latest market estimates. The pet products industry has experienced significant growth due to various socioeconomic influencers. Chiefly, the proclivity toward anthropomorphism in perceiving pets as familial members has increased expenditures on accessories and goods catering to their wellness and pleasures.

Concurrent demographic shifts have also contributed to market expansion. The prevalence of nuclear family structures coupled with dwindling birth rates have encouraged individuals and couples to regard pets as substitutes for children, thus heightening spending on premium pet foods, veterinary services and other goods.

Technological progress has further catalyzed innovation within the sector. Tailored pet foods addressing specified nutritional requirements, wearable health monitors, and intellectually stimulating toys that align with evolving consumer demands represent innovations aimed at satisfying pets’ needs. Simultaneously, the ascent of e-commerce has facilitated the convenient procurement of pet items, enhancing consumer convenience and market accessibility.

The emergence of humanization as a dominant cultural paradigm has additionally driven proliferation across the industry. This phenomenon encompasses an anthropomorphized perspective of animals in tandem with amplified recognition of their emotional and physical conditions. Consequently, consumers increasingly procure products that prioritize pets’ holistic welfare spanning domains such as nutrition, healthcare and environmental enrichment.

This report provides a thorough assessment of the Canada pet products industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, pet type, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the pet products industry.

Market Segmentation

The pet products market in Canada is categorized into the following segments:
Product type: grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, others
Pet type: cat, dog, others
Distribution channel: supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, others

The Canada pet products market is segmented on the basis of product type, pet type, and distribution channel. Based on product type, the pet products market in Canada is categorized into grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, and others. On the basis of pet type, the pet products market in Canada has been segmented into cat, dog, and others. By distribution channel, the pet products market in Canada has been segmented into supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others.

Competitive Landscape

The Canada pet products market is highly competitive. As of 2023, the major players in the Canada pet products market were Unicharm Corporation, Nestle S.A., Rolf C. Hagen Inc., Oil-Dri Corporation Of America, The Wahl Clipper Corporation, Church & Dwight Co. Inc., The Clorox Company, Spectrum Brands Holdings Inc.

This report provides a comprehensive analysis of the key players in the Canada pet products market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Canada pet products market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Canada pet products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Canada pet products market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewCanada pet products market – product type analysis
Canada pet products market – pet type analysis
Canada pet products market – distribution channel analysis
Key players and market share
– Unicharm Corporation
– Nestle S.A.
– Rolf C. Hagen Inc.
– Oil-Dri Corporation Of America
– The Wahl Clipper Corporation
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Canada pet products market 2019-2029
Chart Canada pet products market, net growth, 2019-2029
Chart Canada pet products market, growth rates, 2019-2029
Table Canada pet products market by product type, 2019-2029
Chart Canada pet products market by product type, CAGR historic and forecast, 2019-2029
Chart Canada pet products market by product type, 2019-2029
Table Canada pet products market by pet type, 2019-2029
Chart Canada pet products market by pet type, CAGR historic and forecast, 2019-2029
Chart Canada pet products market by pet type, 2019-2029
Table Canada pet products market by distribution channel, 2019-2029
Chart Canada pet products market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Canada pet products market by distribution channel, 2019-2029
Table Canada pet products market share (%), by companies, 2019-2023
Chart Canada pet products market, by companies, 2023
Table Canada pet products market share (%), by brands, 2019-2023
Chart Canada pet products market, by brands, 2023
Table Canada – population (millions) and forecast
Table Canada – consumer price index (CPI) and forecast
Table Canada – gross domestic product and forecast
Table Canada pet products market: spend as a proportion of GDP (%)
Table Canada pet products market: consumption per capita (population)