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HomePet Industry NewsPet Travel NewsPet Travel Accessories Market Size to Hit USD 9.2 billion

Pet Travel Accessories Market Size to Hit USD 9.2 billion

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Wilmington, Delaware, United States, Feb. 28, 2024 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The world pet journey equipment market is estimated to flourish at a CAGR of 5.8% from 2023 to 2031. Transparency Market Research tasks that the general gross sales income for pet journey equipment is estimated to succeed in US$ 9.2 billion by the top of 2031.

Pet journey equipment specializing in well being and wellness features, similar to orthopedic pet beds, stress-relieving calming aids, and ergonomic carriers, are gaining traction. These merchandise goal to reinforce the general journey expertise for pets whereas addressing their bodily and emotional well-being.

The emergence of fashion-forward pet journey equipment reflecting present tendencies in human style drives shopper curiosity. Products that includes trendy designs, fashionable patterns, and premium supplies cater to pet house owners in search of aesthetic attraction together with performance.

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Increasing emphasis on security certification and adherence to business requirements for pet journey equipment assures customers of product high quality, sturdiness, and compliance with security rules, fostering belief and loyalty amongst pet house owners.

Key Findings of the Market Report

  • Pet service backpacks lead the pet journey equipment market attributable to their comfort and flexibility in transporting pets securely and comfortably.
  • The medium worth section leads the pet journey equipment market, providing a steadiness between high quality, affordability, and options for customers.
  • Dogs lead the pet journey equipment market, with a variety of merchandise together with carriers, harnesses, and automotive seats designed for his or her particular wants.

Pet Travel Accessories Market Growth Drivers & Trends

  • Rising pet possession charges globally gasoline demand for journey equipment, together with carriers, harnesses, and automotive seats, reflecting the rising significance of pet security and luxury throughout journey.
  • The development in direction of pet-friendly journey lodging and transportation choices stimulates demand for specialised journey equipment catering to pet house owners’ wants.
  • Consumers prioritize pet journey equipment with superior security options similar to crash-tested supplies, strengthened development, and safe harness techniques.
  • Integration of expertise in pet journey equipment, together with GPS monitoring units and sensible sensors, enhances pet security and gives peace of thoughts to pet house owners.
  • Increasing consciousness of environmental sustainability prompts the demand for eco-friendly and recyclable supplies in pet journey equipment, reflecting shopper preferences for sustainable merchandise.

Global Pet Travel Accessories Market: Regional Profile

  • In North America, pet journey equipment witness excessive demand pushed by a tradition of pet-friendly journey and sturdy pet possession charges. The United States leads the area, boasting a big selection of producers similar to Petmate and Kurgo, providing progressive options starting from automotive seats to journey carriers. The market thrives on the area’s prosperous pet care business and a robust emphasis on pet security and luxury throughout journey.
  • Europe showcases a mature marketplace for pet journey equipment, pushed by a rising development of pet companionship and elevated mobility. Countries just like the United Kingdom, Germany, and France home key gamers similar to Ferplast S.p.A and Trixie, providing premium journey equipment catering to discerning pet house owners’ wants. Stringent rules relating to pet transportation and security bolster demand for high-quality equipment throughout the area.
  • Asia Pacific emerges as a burgeoning market, fueled by rising disposable incomes and altering existence. Countries like Japan, China, and Australia witness a surge in pet possession, driving demand for journey equipment like carriers, strollers, and harnesses. The area presents huge progress alternatives for producers and retailers catering to the evolving wants of pet house owners within the journey equipment section.

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Pet Travel Accessories Market: Competitive Landscape
The pet journey equipment market is characterised by fierce competitors and progressive choices tailor-made to pet house owners’ wants. Key gamers like Petmate, Sherpa, and Kurgo dominate with versatile merchandise together with carriers, harnesses, and journey bowls designed for security and luxury throughout transit. Emerging contenders similar to Sleepypod and PetSecure introduce progressive options like crash-tested supplies and airline-approved designs, difficult established norms.

Competitive methods emphasize product high quality, sturdiness, and compliance with security requirements. As pet possession continues to rise and journey turns into extra frequent, the market anticipates additional innovation and collaboration amongst business gamers to satisfy evolving shopper calls for. Some distinguished gamers are as follows:

  • ADM
  • BASF SE
  • Bluestar Adisseo Co. Ltd.
  • Cargill Incorporated
  • Countryvet
  • Darling Ingredients Inc.
  • Ferplast S.p.A
  • MidWest Homes for Pets
  • Omega Protein Corporation
  • Pet Insurance Solutions LLC

Product Portfolio

  • Darling Ingredients Inc. makes a speciality of sustainable meals, feed, and gasoline options. Their product portfolio consists of progressive elements derived from animal by-products, serving numerous industries worldwide whereas selling environmental stewardship and useful resource effectivity.
  • Ferplast S.p.A provides premium pet care merchandise and equipment. From pet enclosures to grooming necessities, their portfolio combines Italian craftsmanship with innovation, catering to the wants of pets and pet house owners with type and performance.

Pet Travel Accessories Market: Key Segments
By Type

  • Pet Car Seat
  • Pet Travel Leash & Harness
  • Pet Carrier Backpack
  • Others (Water Bowl, Hygiene Bag, and so on.)

By Price

By Application

  • Dogs
  • Cats
  • Others (Birds, Fish, and so on.)

By Distribution Channel

  • Company-owned Websites
  • E-commerce Websites
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Other Retail Stores

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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More Trending Reports by Transparency Market Research –

Personal Care Appliances Market The market was valued at US$ 16.7 Bn in 2022 and it’s estimated to develop at a CAGR of 5.7% from 2023 to 2031 and attain US$ 27.2 Bn by the top of 2031

Dog Dental Chews Market The business was valued at US$ 398.8 Mn in 2022 and it’s estimated to advance at a CAGR of seven.7% from 2023 to 2031 and attain US$ 765.4 Mn by the top of 2031

About Transparency Market Research

Transparency Market Research, a worldwide market analysis firm registered at Wilmington, Delaware, United States, gives customized analysis and consulting providers. Our unique mix of quantitative forecasting and tendencies evaluation gives forward-looking insights for hundreds of resolution makers. Our skilled staff of Analysts, Researchers, and Consultants use proprietary knowledge sources and numerous instruments & strategies to assemble and analyses info.

Our knowledge repository is repeatedly up to date and revised by a staff of analysis consultants, in order that it at all times displays the latest tendencies and knowledge. With a broad analysis and evaluation functionality, Transparency Market Research employs rigorous main and secondary analysis strategies in creating distinctive knowledge units and analysis materials for business experiences.

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Transparency Market Research Inc.
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