PET TRAVEL ACCESSORIES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Global pet travel accessories market is estimated to be valued at USD 7.42 Bn in 2024 and is expected to reach USD 11.34 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. Global pet travel accessories market is witnessing robust growth with rising trend of pet humanization and increasing disposable income of pet owners. Various products such as leashes, beddings, and toys ensure pets travel in comfort and avoid stress during long journeys. Innovation in material and design of travel bags, harnesses, and pet car seats have made them more convenient to use and transport pets safely. With growing air travel of pets, demand for ID tags, microchips, travel vaccines, and pet passports also increases. Expanding mobility of pet owners and introduction of pet-friendly policies in hotels and restaurants can drive the global pet travel accessories industry.
Market Dynamics:
Global pet travel accessories market growth is driven by growing humanization of pets, rising spending on pet care products, and availability of multipurpose travel accessories. However, high cost of certain premium products and regulations regarding pet travel remain longstanding challenges. Introduction of smart accessories integrated with GPS and activity trackers present opportunities for manufacturers. Pet owners' increased preference for natural and eco-friendly materials in products prompt companies to develop sustainable offerings. Evolving lifestyle of millennial pet owners favoring air travel with pets create demand for specific dog jackets, carriers, and ID collars.
Key Features of the Study:
- This report provides in-depth analysis of the global pet travel accessories market, and provides market size (USD 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 approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global pet travel accessories 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 Ancol Pet Products Limited, Central Garden & Pet Company, Coastal Pet Products Inc., Ferplast S.p.A., Hangzhou Tinayuan Pet Products Company, House of Pet Design GmbH, K&H Pet Products, K9 Sport Sack, KONG Company, Lords & Labradors, Pawise Co., Ltd., Petmate, PetSafe Brands, Ruffwear, and Xiamen Green Field Co., Ltd.
- 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 travel accessories 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 travel accessories market
Market Segmentation
Table of Contents
*Browse 32 market data tables and 28 figures on 'Pet Travel Accessories Market' - Global forecast to 2031
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