NEWARK, Del, Aug. 11, 2022 (WORLD NEWSWIRE) — As per Future Market Insights’ latest market analysis, the family pet carrying service market is anticipated to reach US$ 522 Mn in 2022. Demand is forecasted to increase at a 4.5% CAGR with the marketplace size reaching US$ 812 Mn by 2032.
As per the analysis, the family pet transportation services has actually quickly increased due to high family pet adoption rates. Furthermore, the boost in global travel has actually caused high need for business animal transportation.
However, since of long-distance moving, there are some issues amongst family pet owners about shipment security, and stringent authority limitations in a couple of nations are restricting the development of the family pet provider business. On the other hand, an increasing variety of mergers and acquisitions including significant gamers in the market is anticipated to produce a variety of development opportunities for the family pet shipment service throughout the projection duration.
“Growing preference for value-added services in pet transporting to avoid separation anxiety in companion animals, along with high demand for luxury accommodation services for pets is expected to create opportunities for growth in the market,” says an FMI expert.
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Key Takeaways:
- The U.S. is anticipated to spearhead the North America family pet carrying service market over the projection duration.
- The U.K. will represent a dominant share in the Europe family pet carrying service market by 2032.
- Consumers are choosing online channels for scheduling domestic and global family pet carrying services.
- The need for family pet carrying services for domestic travel is anticipated to stay high.
- Leading business are counting on social networks platforms like YouTube, Facebook, Instagram, for the promo of carrying services.
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Pet Transporting Services Market by Category
Pet Types:
- Dogs
- Cats
- Birds
- Smalls Pets
- Others
Travel Type:
- Domestic Travel
- International Travel
Booking Type:
- Phone Booking
- Online Booking
- Offline Booking
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- MEA
Competition Landscape
Leading gamers running in the international family pet carrying service market are Happy Tails Travel Inc., Pet Flight Inc., Worldwide Animal Travel, Air animals International, Animal Travel Services, Royal seats Blue Collar Pet Transport, Animals Away and others.
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
Read More TOC…
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