A pet traction rope also known as tether or leash is a rope used to control an animal. A pet traction can be used for cat, dog, and large animals such as bovids, camelids, and equids. A traction rope comes in a variety of designs, models, and colors and is made of different materials. The quality of traction rope depends upon the material used during production. A traction rope can be a simple metal chain or can be made from leather, nylon, plastic, and other fabrics. There is a hook or a loop handle at the end of the rope, made up of plastic or metal, to attach the rope with the collar or any other object on the animal. Some leashes clip or tie to a collar, harness, or halter, while others go directly around the animal’s neck or head.
COVID-19 ScenarioAnalysis:
The COVID-19 outbreak has impacted different industries differently. On one hand it has been a growth driver for food, medical and necessity products and on the other hand it has hampered the growth of pet products. The pet care product market has shown a decline in its growth in the scenario of COVID-19. There has been a shift in consumer behavior regarding pet care products in the wake of COVID-19. The discretionary spending has reduced and people are inclined more toward safe and reliable products for their pets. Moreover, the corona virus outbreak in the world has caused impaired supply chain among the industries. The lockdown has caused unavailability of raw materials and lack of labors due to which the production of pet traction rope products has been hampered.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers And Impact Analysis
There are different types of pet traction ropes available in the market. These ropes are available in both automatic retractable and non retractable form. These made up of leather or synthetic leather and are expensive. Increase in pet ownership in the Asia-Pacific region drives the growth of the market. Moreover, surge in the usage of e-commerce platform has significantly increased the sale of pet traction rope on these platforms.
The global pet traction ropes market trends are as follows:
New product launches to flourish the market
Companies are developing and launching new innovative products in the market to gain lead. The companies are making innovative traction ropes to serve the changes in demand. For example, there is a bicycle dog leash designed for the people who enjoy taking their pets for a ride with a bike. LTLHXM, a company engaged in producing pet products, has launched hands free dog leash, which is having adjustable heavy bungee traction rope with shock absorbing breathable mesh fabric glove including free handy glove dog pulling rope and quick release buckle for dogs.
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Quarantined and lockdown increased the need of pet friend- opportunity for the industry
Many quarantined and locked down people are looking for a pet to be friend during isolation. People who did not have any pet previously are now adopting pets especially dogs and cats. Lockdown in various parts of the countries restrict the movements of people around the town decreasing the need of pet traction rope.
Key Benefits of the Report:
- This study presents the analytical depiction of the global pet traction ropes industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global pet traction ropes market share.
- The current market is quantitatively analyzedto highlight the global pet traction ropes market growth scenario.
- Porters five forces analysis illustrates the potency of buyers suppliers in the market.
- The report provides a detailed global pet traction ropes market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions Answered in the Pet Traction Ropes Market Research Report:
- What are the leading market players active in the pet traction ropes market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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