Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) — The “Pet Carriers Global Market Report 2023” report has been added to AnalysisAndMarkets.com’s providing.
The world pet carriers market is on a development trajectory, projected to rise from $868.65 billion in 2022 to an estimated $913.98 billion in 2023, reflecting a wholesome compound annual development charge (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 properties 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, Ok&H Manufacturing LLC, Sherpa Pet, and Quaker Pet Group Inc.
Reasons to Purchase
- Gain a complete world perspective with in depth protection throughout 50+ geographies.
- Understand the market’s response to the influence 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 world inflation on market development.
- Craft regional and country-specific methods primarily based on localized knowledge and evaluation.
- Identify funding alternatives in development segments.
- Leverage forecast knowledge and market drivers to outperform rivals.
- Stay up to date with the latest market shares.
- Benchmark your efficiency in opposition to key rivals.
Pet Carriers Overview
Pet carriers are moveable, 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 varied varieties, together with soft-side luggage, onerous kennels, backpacks, and sling carriers. Soft-side luggage are compact, breathable containers fabricated from sturdy supplies similar to polyester, microfiber, or nylon. They are appropriate for varied kinds of pets, together with dogs, cats, and guinea pigs, and are bought by way of 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 growing superior options to reinforce their market position. For occasion, Delta Air Lines launched CarePod, an modern pet journey resolution that encompasses 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 coated 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 charge of pet adoption is predicted to drive the pet service market. Pet adoption entails taking custody of and assuming duty for animals from prior house owners or shelters. Pet carriers facilitate secure transportation of pets and can be utilized as indoor or out of doors kennels. The rising adoption of pets contributes to market development.
For instance, in line with Chewy, Inc., there have been roughly 977,202 pet adoptions within the USA in 2021, marking the very best adoption charge in six years, with 61% of pets discovering properties.
Moreover, a nationwide survey by Animal Medicines Australia revealed that about 48% of Australian households had dogs, making them the commonest 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
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