"Pet Products in Chile" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Aug 21 2015

Pet products’ current value growth in 2014 was faster than the CAGR of the review period due to the outstanding performance of Other pet products such as cages, accessories and pet beauty products. These enjoyed very strong growth due to their novelty in the Chilean market, as consumers increased spending on products that improve the health, happiness and general wellbeing of their pets, but also improve their owners’ experience with them and their appearance. More consumers are attributing importance to their pet’s appearance. Therefore, pet humanisation trend not only included necessity items like cat litter or healthcare products, but also more and better non-essential accessories like toys and games, special beds, eating and drinking utensils, beauty products and clothes.

Full Report Details at
- http://www.fastmr.com/prod/1031830_pet_products_chile.aspx?afid=302

Competitive Landscape

South Point continued to lead pet products in 2014 with a value share of 15%. The company was the clear leader in Other pet products, where it offers a wide variety of reasonably-priced, above-average quality products under the Holly & Vet brand. South Point’s strong lead was also due to its extensive distribution network, with its Other pet products featuring prominently on the shelves of supermarkets, hypermarkets and home improvement and garden centres across Chile.

Industry Prospects

Pet products constant 2015 price value sales growth over the forecast period is expected to be slightly higher than it was during the review period, with a dynamic average CAGRs of 14% up to 2020. It will continue to perform well overall as the pet humanisation trend will boost spending on products that can improve a pet’s health, happiness and general wellbeing. New launches, improvements in distribution, price promotions and other marketing activities will also help to sustain the positive development of pet products.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Pet Products industry in Chile with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Pet Products industry in Chile, our research will save you time and money while empowering you to make informed, profitable decisions.

The Pet Products in Chile market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

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