Pet Carriers Market to Grow with a CAGR of 4.43% through 2029

Increasing pet ownership and humanization and the growing awareness of pet safety are the factor driving the global pet carriers market.

 

According to TechSci Research report, “Pet Carriers Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Pet Carriers Market stood at USD 866.43 billion in 2023 and is anticipated to grow with a CAGR of 4.43% through 2029. This growth is driven by several factors, including rising pet ownership, increased awareness of pet safety and comfort, and the expanding trend of pet travel. The market is diverse, catering to various types of pets such as dogs, cats, and small animals, and includes products designed for different travel needs, from casual trips to air travel. The Pet Carriers market encompasses a range of products designed to transport pets securely and comfortably. These products include soft-sided carriers, hard-shell carriers, backpacks, and travel crates. The Pet Carriers market, an integral segment of the pet care industry, has witnessed notable growth driven by increasing pet ownership, evolving consumer preferences, and advancements in product design and functionality.

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The growth in the Pet Carriers market is the rise in pet ownership across the globe. As more households welcome pets into their families, the demand for products that facilitate safe and comfortable travel has surged. According to industry reports, the number of pet owners is increasing, particularly in regions such as North America, Europe, and parts of Asia-Pacific. This trend is accompanied by a growing inclination among pet owners to include their pets in travel and leisure activities. The increasing frequency of travel with pets, whether for vacations or relocations, has created a strong demand for high-quality pet carriers that ensure pets' well-being during transit. Technological advancements and product innovation play a crucial role in the Pet Carriers market. Modern pet carriers are designed with a focus on comfort, safety, and convenience. Innovations include the use of lightweight, durable materials, improved ventilation systems, and ergonomic designs that enhance usability. For example, many carriers now feature collapsible structures for easy storage, integrated harness systems for added security, and adjustable straps for improved handling. Additionally, advancements in materials have led to the development of waterproof and easy-to-clean carriers, addressing practical concerns for pet owners. These innovations not only improve the overall user experience but also cater to specific needs, such as carriers designed for airline travel or those that double as pet beds.

Consumer preferences significantly influence the Pet Carriers market, with various factors affecting purchasing decisions. Pet owners prioritize features such as comfort, safety, durability, and ease of use when selecting carriers. For instance, soft-sided carriers are often preferred for their flexibility and comfort, while hard-shell carriers are favored for their robustness and security. Additionally, there is a growing demand for stylish and aesthetically pleasing carriers that reflect the pet owner's personality and lifestyle. The market is segmented based on product type, pet size, and usage, including carriers for small pets, medium-sized pets, and travel-specific carriers. Furthermore, there is a notable trend towards eco-friendly and sustainable products, with many consumers seeking carriers made from recycled or environmentally responsible materials.

 The growing trend of pet humanization, where pets are treated as family members, is expected to drive continued demand for high-quality and stylish pet carriers. Innovations in product design and materials will likely continue to enhance carrier functionality and appeal. Additionally, the increasing focus on pet safety and comfort, coupled with rising disposable incomes, will contribute to market growth. However, challenges such as fluctuating raw material costs, regulatory compliance, and the need for continuous product innovation will need to be addressed. Overall, the Pet Carriers market is poised for sustained growth, with opportunities for innovation and expansion that will shape its evolution in the coming years.

The global Pet Carriers market is segmented into product type, pet type, sales channel, regional distribution, and company.

Based on sales channel, the market is segmented into specialty stores, online, hypermarkets/supermarkets, others. The online segment is emerging as the fastest-growing category in the global pet carrier market. With the convenience of online shopping, pet owners have access to a vast array of pet carrier options at their fingertips. This trend is accelerated by the extensive e-commerce platforms, which not only offer a diverse range of pet carriers but also provide reviews and ratings to assist customers in making informed choices. The online market's growth is fueled by the accessibility, variety, and ease of purchasing pet carriers, making it a dominant force in the industry. This trend is projected to persist as more consumers turn to online platforms for their pet carrier needs.

Major companies operating in Global Pet Carriers Market are:

• Ferplast S.p.A.
• EliteField LLC.
• Paws and Pals, Inc.
• PetWise, Inc.
• Pet Gear Inc
• Coastal Pet Products, Inc.
• Pet Life, LLC
• Kyjen Company, LLC (Outward Hound)
• Doskocil Manufacturing Company, Inc (Petmate)
• Mid-West Metal Products Company, Inc.

 

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“The global pet carrier market is undergoing significant transformations due to evolving pet owner preferences and needs. Key drivers include a focus on pet safety and comfort, regulatory compliance, the rise of pet-friendly travel, and the impact of e-commerce for customization. This industry now offers stylish and functional carriers, ensuring the well-being of pets during travel. However, it faces challenges related to sustainability, complex airline regulations, and the need to cater to diverse pet requirements. The market also sees robust competition, with manufacturers continually innovating to meet the demands of a discerning consumer base, while customization options and sustainable materials gain importance,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Pet Carriers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Soft Side Bag, Hard Kennel, Backpack, Sling Carrier), By Pet Type (Dog, Cat, Others), By Sales Channel (Specialty Stores, Online, Hypermarkets/Supermarkets, Others), By Region, Competition, 2019-2029F”, has evaluated the future growth potential of global pet carriers market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global pet carriers market.

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