Global Pet Carriers Market is predicted to reach USD 1,201.3 billion at a CAGR of 4.38% during the forecast period:
Market Research Future (MRFR) has published a cooked research report on the “Global Pet Carriers Market” that contains information from 2022 to 2030. The Global Pet Carriers Market is estimated to register a CAGR of 4.38% during the forecast period of 2022 to 2030.
MRFR recognizes the following companies as the key players in the Global Pet Carriers Market— Paws & Pals, Elite Field, Snoozer, Sleeko, Prefer Pets Travel Gear, Gen7Pets, Outward Hound Home, K&H Manufacturing, Sherpa Pet and Quaker Pet Group.
Pet Carriers Market Highlights
The Global Pet Carriers Market is accounted to register a CAGR of 4.38% during the forecast period and is estimated to reach USD 1,201.3 Billion by 2032.
The global pet carriers market refers to the industry that encompasses the manufacturing, distribution, and sale of various types of carriers or transportation solutions designed specifically for pets. These carriers are used to transport pets safely and comfortably, whether it be for short trips to the veterinarian or longer journeys such as air travel or road trips.
The global pet carriers market is influenced by factors such as the increasing pet ownership, growing awareness about pet safety and comfort during transportation, and the rising trend of pet-friendly travel.
Segment Analysis
The Global Pet Carriers Market has been segmented based type and sales channel.
On the basis of product type, the market is segmented into soft-side bag, hard kennel, backpack and sling carrier. Soft-sided bags are lightweight and not as unwieldy as hard kennels. Hard kennels are generally massive in size and occupy a lot of space in a room or a vehicle, mainly when not being used.
Based on sales channel, the market has been segmented into store based and non store based. The rapid development of the internet has attracted numerous companies to sell pet carriers online.
Regional Analysis
The Global Pet Carriers Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Pet Carriers Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Pet Carriers Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Pet Carriers Market comprises of Middle East, Africa, and Latin America.
North America, comprising the United States and Canada, is a prominent market for pet carriers. The demand for pet carriers is driven by factors such as frequent air travel, road trips, and urban lifestyles that necessitate the need for convenient and secure transportation options for pets.
Europe is another important region in the global pet carriers market. Countries like the United Kingdom, Germany, France, and Italy have a significant pet population and a growing culture of pet-friendly travel.
The Asia Pacific region, including countries such as China, Japan, India, and Australia, is witnessing rapid growth in the pet industry, including pet carriers. Rising disposable income, changing lifestyles, and increased pet ownership are contributing to the demand for pet carriers in this region.
Furthermore, the rest of the world's Global Pet Carriers Market is divided into the Middle East, Africa, and Latin America. Countries in Latin America, including Brazil, Mexico, and Argentina, are experiencing an increase in pet ownership, leading to a growing demand for pet carriers. The market in this region is characterized by affordability and a preference for functional and durable carriers.
Key Findings of the Study
- The Global Pet Carriers Market is expected to reach USD 1,201.3 Billion by 2030, at a CAGR of 4.38% during the forecast period.
- North America, comprising the United States and Canada, is a prominent market for pet carriers. The demand for pet carriers is driven by factors such as frequent air travel, road trips, and urban lifestyles that necessitate the need for convenient and secure transportation options for pets.
- Based on product type, the market is segmented into soft-side bag, hard kennel, backpack and sling carrier holding the largest market in 2022.
- Paws & Pals, Elite Field, Snoozer, Sleeko, Prefer Pets Travel Gear, Gen7Pets, Outward Hound Home, K&H Manufacturing, Sherpa Pet and Quaker Pet Group.
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Companies Covered | 15 |
Pages | 90 |
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