Global Pet Carriers Market Overview
Pet Carriers Market Size was valued at USD 891.4 million in 2024. The Pet Carriers market industry is projected to grow from 855.5 in 2023 to USD 1,298.9 million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.30% during the forecast period (2024 - 2032). Increasing pet ownership across various region. Rapid urbanization and mobile lifestyle and Increasing innovation in materials and design drive the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Pet Carriers Market Trends
INCREASING PET OWNERSHIP ACROSS VARIOUS REGION
The increasing trend of pet ownership across various regions serves as a significant driver for the pet carriers market, driving demand for products designed to transport pets safely and comfortably. This growth in pet ownership can be attributed to several factors, including changing societal attitudes towards pets, lifestyle trends, and the emotional benefits associated with pet companionship. One of the primary drivers of increasing pet ownership is the changing societal attitudes towards pets, with many people viewing pets as integral members of their families rather than merely animals. Pets provide companionship, emotional support, and unconditional love, leading more individuals and families to welcome them into their homes. As the bond between humans and pets strengthens, the desire to provide pets with the same level of care, comfort, and safety during travel becomes increasingly important, driving the demand for pet carriers. Moreover, lifestyle trends also play a significant role in driving pet ownership and, consequently, the demand for pet carriers. In urban areas where space is limited, and outdoor activities may be restricted, pets provide companionship and emotional support, leading to a rise in pet ownership among urban dwellers. Additionally, the increasing prevalence of pet-friendly policies in rental properties, workplaces, and public spaces encourages more people to adopt pets, further fueling the demand for pet carriers to facilitate travel with their furry companions. Furthermore, the emotional benefits associated with pet ownership contribute to the growing number of households adopting pets and, consequently, driving demand for pet carriers. Studies have shown that pet ownership can have numerous positive effects on mental and physical well-being, including reducing stress, anxiety, and feelings of loneliness. As awareness of these benefits grows, more individuals and families are motivated to adopt pets, leading to a surge in demand for products and accessories that enhance the quality of life for pets, including carriers that allow them to accompany their owners on various outings and adventures. The increasing pet ownership trend is particularly pronounced in regions with rapidly growing economies, urbanization, and changing demographics. Emerging markets in Asia-Pacific, Latin America, and the Middle East are experiencing a rise in disposable incomes, urbanization rates, and pet ownership levels, driving demand for pet-related products and services, including carriers. Additionally, as more households in these regions embrace Western lifestyles and values, the cultural acceptance and popularity of pet ownership continue to grow, further fueling the demand for pet carriers
Pet Carriers Market Segment Insights
Pet Carriers Product Type Insights
The Pet Carriers Market segmentation, based on type, includes Hard Kennel, Backpack and Sling Carrier. The Hard Kennel segment accounted for the largest market share of 51.7% in 2023 and is likely to register a CAGR of 3.7% during the projected period. Hard kennels are stalwart fixtures within the pet carriers market, renowned for their robust construction and unwavering protection. Crafted from resilient materials such as plastic or metal, these carriers offer a secure and sheltered environment for pets during travel, transportation, or temporary confinement. Hard kennels are characterized by their sturdy and durable construction, designed to withstand the rigors of travel and provide maximum protection for pets.
Figure 1: Pet Carriers Market, by product type, 2023 & 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Pet Carriers Pet Type Insights
The Pet Carriers Market segmentation, based on Pet Type, includes Cats, Dogs and Others. The regular segment accounted for the largest market share of 63.2% in 2023 and is likely to register a CAGR of 4.00% during the projected period. Dog carriers represent a diverse and essential category within the pet carriers market, catering to the unique needs and preferences of canine companions during transportation or outdoor adventures. These carriers are meticulously designed to prioritize safety, comfort, and functionality, ensuring that dogs of various sizes remain secure and relaxed during travel or outings. Dog carriers come in a variety of sizes and configurations to accommodate dogs of different breeds, sizes, and temperaments. From compact carriers suitable for small breeds to spacious crates designed for larger dogs, dog carriers offer ample space for dogs to stand, sit, lie down, and turn around comfortably. Some carriers even feature adjustable partitions or expandable panels to customize the interior space according to the dog's size and preferences.
Figure 2: Pet Carriers Market, by Pet Type, 2023 & 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Pet Carriers Distribution Channel Insights
The Pet Carriers Market segmentation, based on distribution channels, includes Store-based and non-store-based. The Store-based segment accounted for the largest market share of 79.3% in 2023 and is likely to register a CAGR of 3.5% during the projected period. Store-based distribution channels serve as a cornerstone for the availability and accessibility of pet carriers, offering pet owners a convenient and tangible shopping experience through brick-and-mortar establishments. These physical retail locations, including pet supply stores, supermarkets, and specialty pet retailers, play a pivotal role in showcasing a diverse array of pet carriers, providing pet owners with the opportunity to browse, compare, and select carriers that best suit their needs and preferences. Store-based retailers offer pet owners a wide variety of pet carriers to choose from, catering to different pet types, sizes, and transportation needs.
Figure 4: Pet Carriers Market, by distribution channel, 2023 & 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Pet Carriers Regional Insights
By Region, the study segments the market into North America, Europe, Asia Pacific, and Rest of the World. North America Pet Carriers market accounts for the largest market share 39.0% in 2023 and is expected to exhibit a 3.6% CAGR due to the growing working population in the US. The North America pet carriers market is a thriving segment within the broader pet products industry, driven by a combination of factors including the region's large population of pet owners, increasing pet humanization trends, and a growing focus on pet safety and comfort during travel. This market encompasses a wide range of carriers designed to transport pets safely and comfortably, catering to the diverse needs and preferences of pet owners across the continent. North America boasts one of the highest rates of pet ownership globally, with millions of households welcoming pets into their families. Dogs and cats are the most popular pets in the region, followed by smaller mammals, birds, and reptiles. This high prevalence of pet ownership drives demand for pet carriers as pet owners seek safe and convenient transportation solutions for their furry companions.
Figure 5: PET CARRIERS MARKET SHARE BY REGION 2023 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Asia-Pacific market value is USD 201.0 in 2023 and USD 340.3 in 2032 growing at a CAGR of 5.4% during the forecast period. The Asia-Pacific pet carriers market is a dynamic and rapidly growing segment within the pet products industry, fueled by a combination of factors including rising pet ownership rates, urbanization trends, and increasing disposable income levels. This market encompasses a diverse range of carriers designed to transport pets safely and comfortably, catering to the unique needs and preferences of pet owners across the region. The Asia-Pacific region has witnessed a significant increase in pet ownership rates in recent years, driven by changing socio-economic dynamics, urbanization, and a growing affinity towards pets as companions. Dogs, cats, and small mammals are among the most popular pets in the region, with a growing number of households welcoming pets into their families.
Europe stands as a considerable player in the Pet Carriers Market, maintaining a substantial market size The pet carriers market in Europe represents a significant segment within the pet products industry, driven by a combination of factors including the region's high pet ownership rates, growing urbanization trends, and increasing emphasis on pet safety and comfort. This market encompasses a diverse array of carriers designed to transport pets securely and comfortably, catering to the varied needs and preferences of pet owners across the continent. Europe has one of the highest rates of pet ownership globally, with millions of households welcoming pets into their families. Dogs and cats are the most popular pets in the region, followed by smaller mammals, birds, and reptiles. This widespread pet ownership drives demand for pet carriers as pet owners seek convenient and reliable transportation solutions for their beloved companions.
The Rest of the World (ROW) pet carriers market represents a significant segment within the global pet products industry, catering to the diverse needs and preferences of pet owners outside of major regions such as North America, Europe, and the Asia-Pacific. This market encompasses a wide range of carriers designed to transport pets safely and comfortably, serving the unique requirements of pet owners in various countries and regions. The ROW pet carriers market is influenced by the cultural diversity and varying pet ownership trends across different countries and regions. While dogs and cats remain popular pets in many areas, there are also cultural preferences for less common pets such as birds, reptiles, and small mammals. As a result, the demand for pet carriers in the ROW market extends beyond traditional designs to cater to the specific needs of different types of pets and their owners.
Pet Carriers Key Market Players & Competitive Insights
The PET carrier market has witnessed significant growth in recent years, driven by the increasing emphasis on pet care and the rising trend of pet ownership worldwide. Pet owners are increasingly seeking convenient and comfortable solutions for transporting their beloved companions, spurring the demand for a diverse range of PET carriers. The market is characterized by a variety of product types, including soft-side bags, hard kennels, backpacks, and sling carriers, catering to different preferences and pet sizes. This diversity allows pet owners to choose carriers that not only provide safety and security for their pets but also align with their own lifestyles. As the market continues to expand, the segmentation based on pet types, such as cats, dogs, and other pets, reflects the unique requirements and characteristics of each species. This targeted approach enables manufacturers to design carriers that address the specific needs of different pets, ensuring optimal comfort during travel. Additionally, the distribution channel segmentation between store-based and non-store-based options recognizes the evolving nature of consumer behavior, providing flexibility for pet owners to purchase carriers through traditional retail outlets or online platforms. In this dynamic landscape, understanding the interplay of these factors is crucial for industry stakeholders to stay competitive and meet the evolving demands of pet owners worldwide.
Key Companies in the Pet Carriers market include
Pet Carriers Industry Developments
October 18, 2023: Worldwise, Inc A leading pet industry provider of solution-based pet products, announced its strategic rebranding to PetWise, marking what is expected to be a new chapter of growth, operational enhancement, and an invigorated commitment to its partners and consumers.
October 1, 2023: Coastal Pet Founded in 1968 by a pair of brothers who started out with $300 and some extra space in the basement, Coastal Pet Products has been making premium pet products in the United States for the last 55 years. Jim and Tom Stout started out making collars and leashes, but soon expanded their product line to include harnesses, beds, toys, treats, and other pet-related products.
Pet Carriers Market Segmentation
Pet Carriers Product Type Outlook
Pet Carriers Pet Type Outlook
Pet Carriers Distribution Channel Outlook
Pet Carriers Regional Outlook
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