Pet Care E-commerce Market to Grow with a CAGR of 9.75% through 2029F
Rising pet
ownership rates is expected to drive the Global Pet Care E-commerce Market
growth in the forecast period, 2025-2029.
According to
TechSci Research report, “Pet Care E-commerce Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029”, the
Global Pet Care E-commerce Market stood at USD 75.32 billion in 2023 and is
anticipated to grow with a CAGR of 9.75% through 2029. One
of the primary drivers behind the growth of the global pet care e-commerce
market is the steady rise in pet ownership rates worldwide. Growing Pet Health
and Wellness Awareness. The growing awareness of pet health and wellness is
significantly boosting the Global Pet Care E-commerce Market, driving pet
owners to seek high-quality products and services to ensure the well-being of
their furry companions. This shift in consumer behavior towards prioritizing
pet health has led to increased spending on premium pet care products,
including nutritious food, supplements, grooming supplies, and healthcare
essentials. Pet owners are increasingly educated about the importance of
providing their pets with a balanced diet, regular exercise, and proper
grooming to maintain optimal health. As a result, there has been a rising
demand for natural and organic pet food options, as well as specialized diets
tailored to address specific dietary requirements and health concerns.
E-commerce platforms offer a wide range of options, allowing pet owners to
easily access premium-quality pet food and supplements that may not be readily
available in traditional brick-and-mortar stores.
Furthermore, the
emphasis on preventive healthcare for pets has led to increased sales of
healthcare products such as flea and tick treatments, dental care products, and
vitamins and supplements. Pet owners are proactively seeking ways to prevent
health issues and prolong the lifespan of their pets, driving the growth of the
pet care e-commerce market. Moreover, the COVID-19 pandemic has heightened
awareness of the importance of pet health and hygiene, as pet owners became
more conscious of the potential transmission of diseases between pets and
humans. This increased awareness has led to a surge in demand for hygiene and
sanitation products such as pet wipes, sanitizers, and disinfectants, further
driving the growth of the Pet Care E-commerce Market.
E-commerce
platforms play a crucial role in catering to the needs of pet owners who
prioritize their pets' health and wellness. These platforms offer a convenient
and accessible way for pet owners to research and purchase products, compare
prices, and read reviews from other pet owners. Additionally, the availability
of subscription services and auto-replenishment options makes it easier for pet
owners to ensure they never run out of essential supplies, further driving
customer loyalty and repeat purchases.
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"Global Pet Care E-commerce Market”
The Global Pet
Care E-commerce market is segmented into animal
type, product, regional distribution, and company.
Based on the
animal type, feline segment is animals is anticipated to witness significant
growth in the Global Pet Care E-commerce Market over the forecast period. cats are one of the most common pets globally, with
millions of households worldwide welcoming feline companions into their homes.
This widespread popularity ensures a large consumer base for feline-related
products and services, including food, litter, toys, grooming supplies, and
healthcare essentials. As more cat owners turn to online channels for their pet
care needs, the demand for feline-focused e-commerce platforms is expected to
soar. Also, the changing dynamics of modern lifestyles, such as urbanization
and busy schedules, have contributed to the rising popularity of cats as pets.
Cats are well-suited to apartment living and require less time and space than
some other pets, making them an ideal choice for urban dwellers and individuals
with hectic lifestyles. As more people opt for cats as companions, the demand
for convenient and accessible pet care solutions through e-commerce channels is
expected to grow. Furthermore, the
increasing awareness of pet health and wellness among cat owners is driving
demand for premium feline products and specialized healthcare services.
E-commerce platforms catering to the feline segment can capitalize on this
trend by offering a wide range of high-quality and natural products tailored to
meet the specific dietary and healthcare needs of cats.
Based on the
product, pet food segment is animals is anticipated to witness significant
growth in the global pet care e-commerce market over the forecast period. There is a growing awareness among pet owners about
the importance of providing high-quality and nutritious food to their pets. As
more people recognize the link between diet and overall health in pets, the
demand for premium pet food products is on the rise. E-commerce platforms cater
to this demand by offering a diverse range of pet food options, including
natural, organic, grain-free, and specialized diets tailored to meet the
specific dietary needs of different pets.
North America
emerged as the dominant region in the global pet care e-commerce market in
2023, holding the largest market share. North
America has a high rate of pet ownership, with a significant portion of
households welcoming pets into their homes. This widespread pet ownership
creates a large consumer base for pet care products and services, including
those offered through e-commerce channels. As pet owners increasingly turn to
online platforms to meet their pet care needs, the demand for pet care e-commerce
in North America continues to grow. With
more pet owners relying on e-commerce platforms for their pet care needs, North
America's dominance in the Global Pet Care E-commerce Market was further
solidified in 2023.
Major companies
operating in Global Pet Care E-commerce Market are:
·
PetSmart Inc.
·
Amazon.com, Inc
·
Chewy Inc.
·
Walmart Inc.
·
AfterGroom Delight
·
Petco Animal Supplies Inc.
·
PETstock Pty Ltd
·
PetMed Express, Inc.
·
BarkBox Inc.
·
TABcom LLC
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“The Global Pet
Care E-commerce Market is poised for significant growth in the coming years. The
rising trend of pet humanization and premiumization is significantly impacting
consumer behavior, leading to increased spending on pet care products. Pet
owners are prioritizing their pets' health and well-being, driving demand for
dietary supplements and specialized nutrition. Subscription boxes for pet
supplies, encompassing food, toys, and grooming products, have emerged as a
popular choice among consumers. These services provide convenience, cost
savings, and the added benefit of regular, automatic deliveries, aligning with
modern lifestyles. Moreover, advancements in technology empower e-commerce
platforms to deliver personalized shopping experiences. By leveraging data on
pet type, breed, age, and health needs, platforms offer tailored product recommendations,
enhancing customer satisfaction and fostering repeat purchases. This
convergence of trends underscores the evolving landscape of the pet e-commerce
market, driven by the changing dynamics of pet ownership and consumer
preferences.” said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Pet Care E-commerce Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Animal Type (Canine, Feline, Others), By Product (Pet Grooming Products, Pet Food, Medications, Others), By Region and Competition, 2019-2029F”,
has evaluated the future growth potential of Global Pet Care E-commerce 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 Global Pet Care E-commerce Market.
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