According to Future Market Insights, the dog safety leash market is estimated to grow to a valuation of USD 5.28 billion in 2023 and is predicted to exhibit a compound annual growth rate (CAGR) of 5.6% from 2023 to 2033 and reach USD 9.1 billion in 2033.
The pet population has grown remarkably over the last decade. Over 4 million dogs are owned by households around the world. As per Pet Secure, the United States has the most dogs as pets in the globe, with 69,929,000 registered. Pets have been a fundamental component of people's lives and are among the most beloved pets. Brazilians love small dogs as pets, whereas Saudis favor larger breeds.
The global market for dog safety leashes is being driven by the increasing deployment of pet dogs around the globe. During the projected timeframe, the global pet market is projected to expand at a robust 17% CAGR. There is an expanding market for safety leashes owing to growing safety issues about dogs along with offering a sense of safety to one's visitors.
Moreover, technological advancements including the emergence of safety leashes endorse sales growth for safety lashes. Another instance is a sparkle-in-the-dark safety leash, which allows owners to identify their dogs at the night. The smart pest-repellent leash retains all worms aside from the pet. These aspects result in a rapid profit stream for dog safety leashes in the world market.
Companies are creating ergonomic design leashes in response to regulatory standards and consumer demand for greater convenience. Dog leashes are obligated in some public places, including children's play areas, sports pitches, streets, playgrounds, and beaches, as per Blue Cross, an NGO licensed in England, Wales, and Scotland. The Korean government revised animal safety laws in 2018, mandating dogs to be leashed in public areas. Dogs and animals larger than 40 centimeters will be compelled to have a leash no longer than two meters in crowded locations, following the revised rules. Muzzles will be required for potentially hazardous dog breeds too.
North America continues to dominate the global dog safety market. The high adoption rate of pets in this area necessitates a large supply of safety leashes. Because of technological innovations in this region, automakers can enhance the performance of their leashes. The numerous advantages provided by smart safety leashes allow for wide implementation in this region.
Asia Pacific, on the other hand, is anticipated to grow at a rapid pace during the projected timeframe, owing to increased public awareness of animal cruelty. According to a PetKeen report, the number of pet dogs in India is expected to exceed 31 million by 2023. As a result of a large number of pet dogs in India, the Asia Pacific dog safety leash market is expected to grow rapidly.
To keep up with rivals, market players prioritize product development and partnership activities. The popularity of novel patterns in animal leashes is opening up new possibilities for multiple startups that strive to enhance leash safety. As a result, automakers are concentrating on emerging safety leashes that strengthen capabilities and pleasure for both animals and users. Thus, the global dog safety leash market is expected to be propelled by the popularity of animal safety and dog safety leashes during the forthcoming years.
| Data Points | Key Statistics |
|---|---|
| Expected Market Value of Dog Safety Leashes in 2023 | USD 5.28 billion |
| Anticipated Forecast Value of the Dog Safety Leash Market in 2033 | USD 9.1 billion |
| Projected Growth Rate (2023 to 2033) | 5.6% CAGR |
The population of pets have increased significantly in past decade. More than 4 million dogs are kept as pets worldwide. According to Pet Secure, USA alone registers 69,929,000 which is the highest number of dogs as pets in the world.
Over the years pets have been an integral part of human life and are most loved pets. Brazilians tend to keep smaller dogs while Saudis prefer to keep bigger breed of dogs as pets.
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Growing adoption of pet dogs around the world is driving the demand for dog safety leash in the global market. The global pet industry is slated to grow at a robust, 17% CAGR, during the forecast period (2020 to 2030). Increased safety concerns about the dogs and to give sense of security to one’s guest there is a proliferating demand of safety leashes.
Furthermore, innovative developments of safety leashes such as introduction of technology promotes market growth for safety lashes. Other such innovation is glow in the dark safety leash which allows owner to detect its dog in the dark. Pest repellent smart leash, keeps all parasites away from the pet. The-afore mentioned factors generate expeditious revenue pool for dog safety leash in the global market.
Severe side effects such as injuries and even death caused by retractable lashes restrains consumers from buying these products. On the other hand, high cost of smart dog lashes hampers its usage especially from developing and under developed countries. Regional players are causing major threat to global players by manufacturing and selling safety leashes of low quality at cheaper rates.
North America continues to hold leading share of global dog safety market. High adoption of pets in this region demands large quantity of safety leash. High technological advancements in this region allows manufactures to enhance the quality of leash. The several benefits offered by smart safety leash allows its major application in this region.
The global dog safety leash is dominated by limited number of market players. Players are focusing upon product development and collaboration activities to remain competitive in market space. For instance,
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| Market Size in 2024 | USD 6.1 billion |
|---|---|
| Projected Market Value in 2034 | USD 12.6 billion |
| Value-based CAGR (2024 to 2034) | 7.5% |
| Current Year Value (2023) | USD 5,856.2 million |
|---|---|
| Expected Forecast Value (2033) | USD 12,069.9 million |
| Projected CAGR (2023 to 2033) | 7.5% |
| Estimated Market Size (2023) | USD 5,657.7 million |
|---|---|
| Projected Market Size (2033) | USD 10,692.7 million |
| CAGR (2023 to 2033) | 6.6% |
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Dog Safety Leash Market
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