Pet Carriers Market Players, Forecast & Business Opportunities by 2030
Market Overview
MRFR
(Market Research Future) believes that the pet carriers market will be touching
an approximate valuation of USD 1,201.36 Billion by the end of 2030. Between
2022 and 2030, the market would exhibit relentless growth at a rate of 4.38%,
expects Market Research Future.
Top Boosters and Deterrents
Pet
carriers have gained a major status in the worldwide pet
carriers market over the years. These are speciality products that are created as
per the needs of the pets like dog, reptiles, cat and more and are witnessing
demand owing to the surging pet ownership worldwide. The most popular pet carriers
available include hard kennel, soft-side bag, sling carrier, backpack, and are
sold primarily in speciality stores as well as retail outlets like
hypermarkets, supermarkets, and discounters.
The
demand for premium pet carriers is especially high in highly developed regions
like Europe and North America, wherein manufacturers are largely focused on
product innovations to foster the appeal among consumers. Cats and dogs are
some of the major segments in the global market for pet carriers.
Advances
in pet supplies, availability of vast lines of pet carriers in different colors
and shapes, rising focus on pet care among consumers and the surge in
purchasing capacity of the pet owners add to the market value as well. The
fast-paced expansion of the e-commerce sector worldwide is creating lucrative
opportunities for the leading brands who are striving to bolster their consumer
bases.
Segmentation Insight
Major
product types considered in the study of the pet carriers industry are
soft-side bag, backpack, sling carrier, and hard kennel. Soft-side bags are in
great demand and are therefore the dominating segment in the market. These
types of carriers come in a variety of styles and colors, and even patterns as
per the pet’s personality.
The
pet types covered are dogs, cats, and more. Dogs category are in the lead in
the worldwide market, thanks to the surging adoption of dogs across the globe.
Major
distribution channels are store-based along with non-store-based.
Major Vendors
K&H
Manufacturing (US), Sherpa Pet (US), Quaker Pet Group (US), Paws& Pals
(US), EliteField (US), Snoozer (US), Sleeko (US), Prefer Pets Travel Gear (US),
Gen7Pets (US), Outward Hound Home (US) are the important key
pet carriers market players.
Regional Status
North
America prevails as the highest gainer in the pet carriers market, considering
the high pet ownership rate in line with the mounting sales of a variety of pet
supplies. The biggest markets in the region are Canada and US, where the demand
for pet carriers is significantly high. Pet carriers are emerging quite popular
among pet owners for numerous reasons including ensuring constant touch with
their pets while travelling. Introduction of innovative and cost-effective pet
carriers, soaring concerns regarding pet care along with escalating spending on
pet’s health and comfort should further bolster market development rate in the
region.
Europe
is one of the strongest markets, in view of the fact that Italy houses world’s
biggest pet population. The region is witnessing a rapid increase in the number
of pets and significant spending on their supplies by the owners. Evolving
demographic status, expanding elderly population and the escalating number of
individuals living alone also uplift the market position in Europe.
Asia
Pacific should chart the fastest growth trajectory in the coming years, with
the reason being the drastic increase in the number of pet owners combined with
the surging disposable incomes of the people. Striking growth of the e-commerce
sector is identified as a major reason for the fast progress of the region,
with local players focusing on fostering their distribution networks on online
platforms to reach out to a higher number of consumers.
Latest Updates
December 2021
Wag
Puppy Store introduces an online page on their website showcasing their latest
best-selling products. The online pet accessory brand is reputed for its
high-quality pet supplies at reasonable prices. Some of the products sold on
the Wag Puppy Store are pet carriers as well as travel items, feeding supplies,
pet grooming products, along with dog walking products.
Read More Blogs:
Pet
Care Products Market Research Report Information by
Product Type (Pet Food, Pet Grooming Products and Others), Pet Type (Dogs, Cats
and Others), Distribution Channel (Store-Based and Non-Store-Based) and Region
(North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till
2030
Pet
Supplies Market Research Report Information By Type (Beds & Furniture, Bowls
& Feeders, Cleaning Supplies, Clothing & Shoes, and Others), By
Distribution Channel (Store-Based {Hypermarkets & Supermarkets, Specialty
Stores, and Others} and Non-Store-Based) And By Region (North America, Europe,
Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.
Contact:
Market Research Future®
99 Hudson Street, 5Th Floor
New York, New York 10013
United States of America
Email: sales@marketresearchfuture.com
Comments
Post a Comment