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.
The e-commerce boom has not bypassed the pet carrier market. Online platforms have made it easier for consumers to browse and purchase pet carriers with convenience and access to a wide variety of options. This has led to increased competition among manufacturers, encouraging them to offer diverse and customized products to meet the unique needs of pet owners. Pet owners can now find carriers in different colors, styles, and materials, allowing them to choose a carrier that aligns with their personal preferences and their pets' comfort. Additionally, e-commerce platforms facilitate easy access to customer reviews and ratings, enabling buyers to make informed decisions about the quality and performance of a pet carrier. The global pet carrier market is driven by a combination of factors, including an increasing focus on pet safety and comfort, regulatory and safety compliance, evolving travel trends, and the rise of e-commerce. These drivers have transformed pet carriers from basic utility items into stylish, safe, and customized accessories for pet owners. As the world continues to evolve and pet owners continue to prioritize their pets' well-being, the pet carrier market is expected to remain robust, offering innovative solutions to meet the diverse needs of pet owners and their beloved companions.
As the global pet carrier market continues to grow, it faces increased competition, which can be both an opportunity and a challenge. The demand for innovative, feature-rich, and customized carriers is rising, putting pressure on manufacturers to constantly improve and diversify their product offerings. This competitive landscape can lead to challenges related to product differentiation and quality control. Manufacturers must strive to stay ahead of the competition by innovating and delivering unique value to consumers. This can be particularly challenging for smaller companies with limited resources. The constant influx of new pet carrier designs and features can sometimes overwhelm pet owners who may find it difficult to navigate through a wide array of choices. The challenge is to strike a balance between innovation and simplicity, ensuring that pet owners can easily find the right carrier without feeling overwhelmed by excessive options.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Pet Carriers Market”.
The global Pet Carriers market is
segmented into product type, pet type, sales channel, regional distribution and company.
Based on sales channel, 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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“Personalization and customization have become significant trends in the pet carrier market. Pet owners are seeking carriers that reflect the individual needs and preferences of their pets. This trend is driving manufacturers to offer a wide range of options for customization, including size, color, and added features. For example, pet owners can now order carriers tailored to their pet's specific size and weight, ensuring a perfect fit. Additionally, they can choose carriers that have extra pockets for storing pet essentials or personalized embroidery to make the carrier uniquely their own. This trend is not limited to the physical design of pet carriers; it also extends to the functionality of carriers. Some pet carriers are designed to accommodate specific pet needs, such as offering additional padding for older pets or extra ventilation for anxious animals. The ability to customize and personalize pet carriers allows pet owners to provide the best possible travel experience for their pets.”, 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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