Robotic Pet Toys Market - Global Growth, Trends and Forecast (2022- 2027) By Types, By Application, By Regions and By Key Players: Hasbro, WowWee Group, WEofferwhatYOUwant, MGA Entertainment, Spin Master

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Robotic Pet Toys Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 12.2% during the review period (2022 to 2027).

Robotic Pet Toys Market Overview

Robotic pet toys are pre-assembled and pre-programmed robots that have individual applications. The robot-human interface in robotic pet toys is designed in a way that even consumers with less knowledge on robotics can operate them efficiently and conveniently. People with pets have been observed to enjoy longer and happier lives than those who do not own one. This is because having pets decreases the risk of heart diseases and chances of feeling lonely.

The growing demand for robotic pet dogs among children has also high various health and safety issues related with the raw materials used in their production. Therefore, parents are choosing for robotic toys that are made from eco-friendly materials, which are usually called green toys. Consequently, vendors are concentrating on offering robotic pet dogs that are made from eco-friendly materials for example acrylonitrile butadiene styrene (ABS) plastic, which will drive market growth over the forecast period.           

The growing pet population in the world and increasing disposable income are driving the global robotic pet toys market.Increasing awareness about the health benefits of robot pets is also expected to fuel the demand for them over the forecast period.Lack of understanding among people, some regulatory barriers, and lack of infrastructure support are expected to restrain the growth of the global robotic pet toys market.Growing importance to improve the safety and security of online transactions, increasing adoption of mobile commerce are some factors that will boost the global robotic pet toys market.

Who are the Major Players in Robotic Pet Toys Market?

The Robotic Pet Toys Market is rising at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for numerous end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Hasbro, Inc. (NasdaqGS:HAS), WowWee Group, WEofferwhatYOUwant, MGA Entertainment, Spin Master Corp.(Toronto:TOY.TO), Consequential Robotics, Tekno Robotics, ihoven

Recent Developments

14-Feb-2022:Sony introduces a £60 carrying strap for its robotic dog Aibo so owners can hold their bot on their CHEST 'like a real baby'- Aibo is Sony's robotic dog, which costs an eye-watering £2,145, and features artificial intelligence technology.

12-Oct-2020:KODA Pre-Promot World's First Futureproof Social Robot Dog- KODA, the artificial intelligence (AI) robotic dog company devoted to helping people live better lives with robotic friends, announced today the re-launch of its first model, the KODA.

What are the major Applications, Types and Regions for Robotic Pet Toys Market?

Robotic Pet Toys Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Dogs


• Cats

By Applications, it is segmented into

• Offline Channel


• Online Channel

Robotic Pet Toys Market Regional Analysis

North America holds a significant share in the Robotic Pet Toys Market owing to its robust infrastructure such as advanced highways that aid in the speedy distribution of products which ultimately influence increasing demand for pet toys automation. Europe also leads on account of high disposable income coupled with strict laws & regulations on animal welfare. Latin America is also witnessing robust growth owing to the increase in disposable income and population. The Asia Pacific is followed by the Middle East & Africa region on account of emerging economies such as China, India, Japan, etc.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Robotic Pet Toys Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Robotic Pet Toys Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Robotic Pet Toys Market report scope?

Key Takeaways from this Robotic Pet Toys Report

• Evaluate Robotic Pet Toys market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Robotic Pet Toys market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Robotic Pet Toys Market is studied from 2017 - 2027.

What is the growth rate of Robotic Pet Toys Market?

The Robotic Pet Toys Market is growing at a CAGR of 12.2% over the next 5 years.

Who are the leading key players in Robotic Pet Toys Market?

Hasbro, Inc. (NasdaqGS:HAS), WowWee Group, WEofferwhatYOUwant, MGA Entertainment, Spin Master Corp.(Toronto:TOY.TO), Consequential Robotics, Tekno Robotics, ihoven

What regions regions does this Robotic Pet Toys Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Robotic Pet Toys Market?

Dogs, Cats

What are the significant Applications of Robotic Pet Toys Market?

Offline Channel, Online Channel

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