May 29, 2024
Bird Toys Market

The Bird Toys Market Is Estimated To Witness High Growth Owing To Increasing Pet Adoption And Humanization Of Pets

The bird toys market has witnessed substantial growth over the past few years on account of increasing adoption of pet birds globally. Pet birds require regular physical and mental stimulation in order to maintain their wellbeing. Bird toys play an important role in providing entertainment and enrichment for companion and pet shop birds. They keep birds engaged, minimize boredom-induced behavior issues and promote natural behaviors. Moreover, toys help in maintaining the physical health and psychological well-being of pet birds. The increasing trend of nuclear families and humanization of pets has fueled the demand for high-quality, innovative toys that provide cognitive and interactive engagement for birds.
Global Bird Toys Market SizeBird Toys Market Is Estimated To Be Valued At US$ 1.29 Bn In 2024 And Is Expected To Exhibit A CAGR Of 7.6% Over The Forecast Period 2024-2031.

Key Takeaways

Key players operating in the bird toys market are Petsmart, Petco, Petedge, Paradise Pet, Cardinal Gates, Prevue Pet, Hagen, Caitec, Super Bird Creations, And The Bird Toy Company.
Some of the key opportunities in the bird toys market include development of organic, eco-friendly and innovative toys. Manufacturers are focusing on introducing toys made from natural materials that are non- toxic and safe for pet birds. Furthermore, increasing e-commerce penetration is also providing growth opportunities for birds toys market players.
With rising pet ownership worldwide, players in the bird toys market are expanding their global footprint. Key market participants have increased their international presence through partnerships, collaborations and by establishing production and distribution facilities across different geographies.

Market Drivers: The major driver contributing to the growth of the bird toys market is the increasing pet adoption and humanization of pets. Over the past decade, pet adoption has witnessed a significant rise globally. According to the latest APPA National Pet Owners Survey, around 42% of American households own at least one pet bird. This growing pet bird population has increased the demand for toys that enrich their lives and meet their need for entertainment and interaction. Hence, the booming pet care industry and rising pet adoption are fueling the sales of bird toys worldwide.

Pest Analysis

Political: Bird toys market is affected by regulations around animal safety and environmental laws. Strict laws ensure toys are non-toxic for birds.

Economic: Rising pet expenditure is a key factor, as owners spend more to keep birds engaged. Higher disposable incomes drive demand for premium, specialization toys.

Social: Social media is a growing influence as bird owners share photos/videos, creating awareness and new trends. Birds are increasingly seen as pets that offer companionship, attracting new owners.

Technological: Innovation in materials and designs keep birds engaged for longer. Tech-enabled toys that offer new activities through sensors and app control are gaining popularity.

Market Concentration By Geographical Regions

North America accounts for the largest value share in the bird toys market currently. The US is a major market owing to growing pet bird population and higher spending ability of owners. The trend of keeping birds as pets instead of cages is driving toy demand.

Asia Pacific is the fastest growing regional market for bird toys. Countries like India and China are witnessing increased pet adoption including birds. Rising middle class, nuclear family structure and urbanization are key factors. Online platforms are also aiding market growth by improving access in newer areas.

What are the key data covered in this Bird Toys Market report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Bird Toys Market’s growth between 2024 and 2031.

:- Accurate calculation of the size of the Bird Toys Market and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behavior

:- Bird Toys Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Bird Toys Market vendors

FAQ’s

Q.1 What are the main factors influencing the Bird Toys market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Bird Toys Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Bird Toys market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note:

  1. Source: CoherentMI, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it