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HomePet Industry NewsPet Financial NewsTechnological Innovations in Pet Carrier Design Transform the Global Market

Technological Innovations in Pet Carrier Design Transform the Global Market

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Global Pet Carriers Market

Global Pet Carriers MarketGlobal Pet Carriers Market

Global Pet Carriers Market

Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) — The “Pet Carriers Global Market Report 2023” report has been added to AnalysisAndMarkets.com’s providing.

The international pet carriers market is on a progress trajectory, projected to rise from $868.65 billion in 2022 to an estimated $913.98 billion in 2023, reflecting a wholesome compound annual progress fee (CAGR) of 5.2%. The market is predicted to proceed its upward pattern and attain $1,129.19 billion by 2027, sustaining a CAGR of 5.4%.

Leading gamers within the pet carriers market embody Paws & Pals Inc., MidWest houses for Pets, Ferplast SpA, EliteField LLC, Pet-Tom, Pet Gear Inc., Coastal Pet, Pet Life LLC, Worldwide Inc., Snoozer Pet Products, Sleeko, Prefer Pets Travel Gear, Gen 7 Inc., Outward Hound, Okay&H Manufacturing LLC, Sherpa Pet, and Quaker Pet Group Inc.

Reasons to Purchase

  • Gain a complete international perspective with in depth protection throughout 50+ geographies.

  • Understand the market’s response to the impression of the COVID-19 pandemic.

  • Assess the repercussions of the Russia-Ukraine battle on agriculture, vitality, mineral commodity provide, and its oblique results on the pet carriers market.

  • Measure the affect of excessive international inflation on market progress.

  • Craft regional and country-specific methods based mostly on localized information and evaluation.

  • Identify funding alternatives in progress segments.

  • Leverage forecast information and market drivers to outperform rivals.

  • Stay up to date with the latest market shares.

  • Benchmark your efficiency towards key rivals.

Pet Carriers Overview

Pet carriers are transportable, safe containers or cages used to move small pets safely from one location to a different. They present a way of safety whereas making certain the safety of pets throughout journey.

Types of Pet Carriers

Pet carriers are available numerous sorts, together with soft-side baggage, onerous kennels, backpacks, and sling carriers. Soft-side baggage are compact, breathable containers fabricated from sturdy supplies akin to polyester, microfiber, or nylon. They are appropriate for numerous varieties of pets, together with dogs, cats, and guinea pigs, and are bought by a number of gross sales channels, together with supermarkets, specialty shops, on-line retailers, and extra.

Technological Innovation

Technological innovation is a notable pattern within the pet service market, with main firms specializing in creating superior options to boost their market position. For occasion, Delta Air Lines launched CarePod, an progressive pet journey answer that incorporates a built-in hydration system, highly effective GPS monitoring, and industrial-strength partitions for temperature safety.

Acquisitions

In February 2022, Pet Value Holdings Ltd., a Canada-based supplier of pet-related merchandise, acquired Chico Inc., a US-based supplier of pet carriers and associated merchandise. This strategic acquisition strengthens each firms and expands Chico’s protection throughout Canada.

North America Dominance

North America emerged as the most important area within the pet carriers market in 2022, with Asia-Pacific anticipated to be the fastest-growing area within the forecast interval. The report covers areas together with Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Countries Covered

Countries lined within the Pet Carriers market report embody Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

Rising Pet Adoption

The rising fee of pet adoption is predicted to drive the pet service market. Pet adoption includes taking custody of and assuming duty for animals from prior house owners or shelters. Pet carriers facilitate protected transportation of pets and can be utilized as indoor or outside kennels. The rising adoption of pets contributes to market progress.

For instance, in response to Chewy, Inc., there have been roughly 977,202 pet adoptions within the USA in 2021, marking the very best adoption fee in six years, with 61% of pets discovering houses.

Moreover, a nationwide survey by Animal Medicines Australia revealed that about 48% of Australian households had dogs, making them the most typical pets. This signifies a rising pattern in pet possession.

About the Pet Carriers Market

The pet carriers market encompasses gross sales of hard-sided carriers and carriers with wheels. The market worth contains items bought by producers or creators of pet carriers and associated providers.

Key Attributes:

Report Attribute

Details

No. of Pages

275

Forecast Period

2023 – 2027

Estimated Market Value (USD) in 2023

$913.98 billion

Forecasted Market Value (USD) by 2027

$1129.19 billion

Compound Annual Growth Rate

5.4%

Regions Covered

Global

Key Topics Covered:

1. Executive Summary

2. Pet Carriers Market Characteristics

3. Pet Carriers Market Trends And Strategies

4. Pet Carriers Market – Macro Economic Scenario
4.1. COVID-19 Impact On Pet Carriers Market
4.2. Ukraine-Russia War Impact On Pet Carriers Market
4.3. Impact Of High Inflation On Pet Carriers Market

5. Pet Carriers Market Size And Growth
5.1. Global Pet Carriers Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Pet Carriers Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Pet Carriers Market Segmentation
6.1. Global Pet Carriers Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Soft-Side Bag

  • Hard Kennel

  • Backpack

  • Sling Carrier

6.2. Global Pet Carriers Market, Segmentation By Pet Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

6.3. Global Pet Carriers Market, Segmentation By Sales Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Supermarkets

  • Specialty Stores

  • Online Stores

  • Other Channels

7. Pet Carriers Market Regional And Country Analysis
7.1. Global Pet Carriers Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Pet Carriers Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

For extra details about this report go to https://www.researchandmarkets.com/r/eas978

About AnalysisAndMarkets.com
AnalysisAndMarkets.com is the world’s main supply for worldwide market analysis stories and market information. We offer you the latest information on worldwide and regional markets, key industries, the highest firms, new merchandise and the latest traits.

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About the editor Hey there! I'm proud to be the editor of Pet News 2Day. With a lifetime of experience and a genuine love for animals, I bring a wealth of knowledge and passion to my role. Experience and Expertise Animals have always been a central part of my life. I'm not only the owner of a top-notch dog grooming business in, but I also have a diverse and happy family of my own. We have five adorable dogs, six charming cats, a wise old tortoise, four adorable guinea pigs, two bouncy rabbits, and even a lively flock of chickens. Needless to say, my home is a haven for animal love! Credibility What sets me apart as a credible editor is my hands-on experience and dedication. Through running my grooming business, I've developed a deep understanding of various dog breeds and their needs. I take pride in delivering exceptional grooming services and ensuring each furry client feels comfortable and cared for. Commitment to Animal Welfare But my passion extends beyond my business. Fostering dogs until they find their forever homes is something I'm truly committed to. It's an incredibly rewarding experience, knowing that I'm making a difference in their lives. Additionally, I've volunteered at animal rescue centers across the globe, helping animals in need and gaining a global perspective on animal welfare. Trusted Source I believe that my diverse experiences, from running a successful grooming business to fostering and volunteering, make me a credible editor in the field of pet journalism. I strive to provide accurate and informative content, sharing insights into pet ownership, behavior, and care. My genuine love for animals drives me to be a trusted source for pet-related information, and I'm honored to share my knowledge and passion with readers like you.
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