The future expansion of pet accessories in Ireland might be hindered by a potential shortage of skilled workers to take part in the manufacturing process, which could lead to rising production costs and disruption to the local and global supply chains. This in turn will potentially lead to an increase in the average unit price of pet accessories, which would likely put pressure on volume sales.
Irish consumers are expected to form even stronger bonds with their pets over the forecast period, with more people treating their pets as family members or even as children, with this being supported by the growing number of single-person households and childless couples. Producers of pet products are likely to look to tap into this by offering curated packs of pet accessories, presented in a colourful, interesting packaging that can be given to pets for special occasions such as birthdays, Christmas and Easter.
Even though the premiumisation trend will be the main motor of growth within pet products, private label will likely continue to hold a strong position in the category. Nonetheless, the sheer quantity and variety of pet products being sold via major retailers, pet superstores and now also the internet will likely ensure that competition intensifies over the forecast period.
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Understand the latest market trends and future growth opportunities for the Pet Products industry in Ireland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Pet Products industry in Ireland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Pet Products
This is the aggregation of cat litter, healthcare, dietary supplements and other pet products.
See All of Our DefinitionsThis report originates from Passport, our Pet Products research and analysis database.
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