The $41 Billion Pet Products Niche

The term "a dog's life" used to describe a prettyproducts.
rustic existence for the family pet... Fido slept on the4. Exotic pets. While dogs and cats are certainly the
back porch, had an occasional bath in the back yardmost popular pets, we're also seeing a trend towards
kiddy pool and for a treat, chewed on a rawhideownership of more exotic pets. Today there is a
bone.demand for products for birds, reptiles, fish, ferrets,
Today however, a dog's life often means being totedmice, rats, hamsters, gerbils, pot belly pigs, rabbits,
around in at $400 dog carrier, sleeping in a $1000 dogchinchillas, aquatic turtles and more.
house, and wearing a collar embedded with5. Fashion pets. Today's pets are so well dressed
Swarovski crystals. Yes times have changed andwith coordinating accessories that they could easily
these days dogs, cats, birds, and the like are livinggrace the cover of Pet Vogue magazine. Pet owner
the high life. In 2007, Americans spent a record $41fashionistas are snapping up designer style pet
billion dollars on their beloved pets! All across theproducts at a frenzied pace. Pink-a-holic pet? There's
globe, pet owners are becoming increasinglya slew of hot pink fashion pet products out there.
demanding when it comes to pet products and notMore into the preppy look? Outfit your pet and his
settling for inexpensive, substandard products. Theseproducts so he looks straight out of the Ivy League.
days, only the best in pet products will do and thisIs Bowser a rock- and-roll dog? He'll look and act the
opens up tremendous opportunity for anyone who ispart with today's pet fashion products. Pets and
interested in selling in the pet products niche.fashion have merged in a big way!
Target Market:Product Categories:
Fueling this growing trend in the pet product industryThere are literally hundreds of categories of pet
are empty nesters who lavish attention and moneyproducts. The following 5 umbrella categories offer a
on their pets, baby boomers with disposable incomelot of opportunity to drill down and look for
and young adults who are waiting until later to havesub-niches and micro-niches.
children and instead are putting their time and energy1. Pet Transportation. Pets are on the go! And pet
into Fido and Fluffy.strollers, pet carriers and pet booster seats, all help
Even families of more modest means are spendingyour pet get there safely, soundly and in style. A
money on a menagerie of pets. Families see theirrecent pet lover's blog featured 16 reasons your pet
pets as a member of the family and are willing toneeds a pet stroller! Pet ramps and stairs help older
spend big money on them. Additionally, the influencepets remain comfortable in the event of health
of popular television shows like Animal Planet, haveissues. Liners and barriers for automobiles help to
made the family pet more revered than ever.keep your car clean and fresh (and your pet safe)
Product Trends:while he rides around the town.
These 5 distinct trends drive the market for pet2. Pet Housing and Home Decor. A pet's home is his
products sales:castle and one of the best selling pet product
1. Luxury pet products. The luxury pet productscategories is that of pet houses, beds, kitty condos,
industry has seen the most growth in recent yearspet couches, chairs, pillows and the like! Blankets,
and continues to lead the pack when it comes to thebowls and feeders all round out the home
sale of pet merchandise. Consumers want the bestdécor needs of a happy and well-nested pet.
for their pets and they are willing to shell out big3. Pet Clothing and Accessories. The possibilities are
bucks to get the products they want. People whoendless in the pet accessory market! Dog toys,
buy luxury pet products are generally more affluent.grooming accessories, pet shoes, pet eye ware, pet
They also tend to buy a complete ensemble of petsafety products, grooming products, art work, pet
accessories. The pet sweater must match the petexercisers, pet treadmills, pet games, and pet jewelry
carrier and the very often, that must match whatare just a small sampling of the products that are
the owner is wearing as well. But it isn't only clothingbeing snapped up by today's pet owner.
items that are on every pet owners shopping list -4. Pet Health. Pet owners are very concerned about
There are now $430 indoor potties, $30-an-ouncetheir pet's health and the sale of pet health products
perfume, climate controlled pet carriers, jeweled petare on the rise. From pet treadmills to grooming
collars (with real jewels), $225 trench coats, designerproducts, lotions and potions, to shampoos and
pet beds, dog shoes, Halloween costumes, Zen diningnutritional supplements, people are paying as much
tables, dog spas, even doggie nail polish!attention to their pet's health as they are their own.
2. Traveling pets. Have pets will travel is the mantra5. Pet Products for humans. A consistent trait of pet
of many pet owners. To do this in comfort and styleowners is that they not only like to purchase
requires the right kind of products and accessories.products for their pets, they also like to purchase
Climate controlled pet carriers; pet booster seats andproducts for themselves that represent their pets.
pet strollers enable that traveling pet to ride in style.Consider the 38 year old Chicago executive who
3. Eco-friendly pets. Eco-friendly and organic productsowns two Golden Retrievers. Her home is filled with
have been a huge influence on pet products sales inpieces of artwork, figurines, t-shirts, books and
the past couple years. This trend is continuing, in factjewelry all representing the Golden Retriever breed.
the largest growth sector in several pet productPet lovers who can't own pets due to allergies or
categories has been that of eco-friendly and organiclogistical reasons but still want to feel connected with
products. If you sell pet products you must give youra pet are also buying these types of pet products in
buyers some eco-friendly versions of popular petdroves.