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PET TECH MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Pet Tech Market, By Product (Tracking Equipment, Monitoring Equipment, Entertainment Equipment, Feeding Equipment, and Others), By Application (Pet Healthcare, Pet Owner Convenience, Communication and Entertainment, and Pet Safety), By End User (Household and Commercial), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

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The global pet tech market is witnessing substantial growth driven by rising humanization of pets and growing need for seamless monitoring and care of pets. Pet owners increasingly consider their pets as companions and family members rather than just animals, which has fueled demand for technologically advanced products and solutions that help track movement, monitor health, provide entertainment, and ensure safety of pets. Furthermore, rising disposable incomes and growing urbanization have encouraged investment in smart solutions to take better care of pets. However, limited awareness about latest technologies and high costs of premium products could hamper the market growth.

Market Dynamics:

The global pet tech market is expected to grow at a steady pace over the forecast period. Key drivers of market growth include rising humanization of pets which has increased focus on pet welfare, growing popularity of pet tracking and monitoring devices, and increasing availability of low-cost wearables. However, high costs associated with premium pet tech products remain a key challenge, especially in price-sensitive developing markets. Opportunities for market expansion lie in development of affordable solutions, multi-feature devices and integration of VR/AR technologies for pet entertainment and training. Rising elder pet population also provides scope for health-monitoring applications.

Key features of the study:

  • This report provides in-depth analysis of the global pet tech market and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook and competitive strategies adopted by key players
  • It profiles key players in the global pet tech market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Afimilk, Animo, Blue Buffalo, Chewy, CleverPet, Dogtra, DOGVACAY, FitBark, Garmin International, GoPro, Hill's Pet Nutrition, iFetch LLC, IceRobotics, Mars Petcare, Nestle Purina Petcare
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion and marketing tactics
  • The global pet tech market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pet tech market.

Detailed Segmentation:

  • By Product
    • Tracking Equipment
    • Monitoring Equipment
    • Entertainment Equipment
    • Feeding Equipment
    • Others
  • By Application
    • Pet Healthcare
    • Pet Owner Convenience
    • Communication and Entertainment
    • Pet Safety
  •  By End User
    • Household
    • Commercial
  • By Regional
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa 
  • Key Players Insights
    • Afimilk
    • Animo
    • Blue Buffalo
    • Chewy
    • CleverPet
    • Dogtra
    • DOGVACAY
    • FitBark
    • Garmin International
    • GoPro
    • Hill's Pet Nutrition
    • iFetch LLC
    • IceRobotics
    • Mars Petcare
    • Nestle Purina Petcare

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New System Launches/Approvals
    • Impact of COVID-19 Pandemic
  4. Global Pet Tech Market, By Product, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Tracking Equipment
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Monitoring Equipment
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Entertainment Equipment
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Feeding Equipment
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
  5. Global Pet Tech Market, By Application, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Pet Healthcare
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Pet Owner Convenience
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Communication and Entertainment
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Pet Safety
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
  6. Global Pet Tech Market, By End User, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Household
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
    • Commercial
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Bn)
  7. Global Pet Tech Market, By Region, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
    • North America
      • Regional Trends
      • Market Size and Forecast, By Product, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Product, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
        • Germany
        • U.K.
        • Spain
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Product, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Product, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Product, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
        • South Africa
        • Israel
        • GCC Countries
        • Rest of the Middle East & Africa
  8. Competitive Landscape
    • Company Profiles
      • Afimilk
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Animo
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Blue Buffalo
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Chewy
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • CleverPet
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Dogtra
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • DOGVACAY
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • FitBark
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Garmin International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • GoPro
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hill's Pet Nutrition
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • iFetch LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • IceRobotics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Mars Petcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Nestle Purina Petcare
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  9. Analyst Recommendations
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Research Methodology
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Pet Tech Market - Global forecast to 2031”

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