Overview and Scope
Pet carriers are compact, movable boxes, containers, or cages used to transfer tiny pets from one location to another in a secure manner. Pet Carriers provide a sense of security while entirely protecting pets.
Sizing and Forecast
The pet carriers market size has grown strongly in recent years. It will grow from $906.83 billion in 2023 to $958.75 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to pet ownership trends, urbanization and pet-friendly lifestyles, travel and adventure trends, humanization of pets, innovations in material and design..
The pet carriers market size is expected to see strong growth in the next few years. It will grow to $1210.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to rise of pet adoption, e-commerce expansion, focus on pet safety and comfort, customization and personalization trends, health and wellness considerations.. Major trends in the forecast period include focus on lightweight and portable solutions, integration of comfort features, health and wellness integration, rise in luxury pet carriers, global market expansion..
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Segmentation & Regional Insights
The pet carriers market covered in this report is segmented –
1) By Product Type: Soft-Side Bag, Hard Kennel, Backpack, Sling Carrier
2) By Pet Type: Dogs, Cats, Guinea Pig
3) By Sales Channel: Supermarkets, Specialty Stores, Online Stores, Other Channels
North America was the largest region in the pet carriers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the pet carriers market report during the forecast period. The regions covered in the pet carriers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Rising pet adoption is expected to propel the pet carrier market going forward. Pet adoption refers to adopting a pet from a prior owner who abandoned it or gave it to a shelter. It involves taking custody of and assuming responsibility for the animal. Pet carriers enable the owners to transport the pet and can be used as an indoor or outdoor dog kennel, so rising pet adoption will propel market growth. For instance, in 2021, according to Chewy, Inc., a US-based online retailer of pet food and other products, there were around 977,202 pets adopted in the US in 2021, which resulted in the highest adoption rate of 61% in the past six years. Further, in November 2022, according to a national survey of pets and people published by Animal Medicines Australia (AMA), an Australia-based industry body representing the leaders of the animal health industry in Australia, about half of Australian households have at least one dog, making them the most common pet. In 2022, 48% of households had dogs, up from 40% in 2019. Therefore, the rising pet adoption rate is driving the pet carrier market.
Key Industry Players
Major companies operating in the pet carriers market are focused on innovating collapsible travel carriers, such as pet crates for in-car pet safety. A pet crate is a portable and enclosed structure designed to provide a secure and confined space for pets, offering a designated area for rest, sleep, or transport. For instance, in September 2022, PetSafe brand, a US-based manufacturer of electronic pet training products, launched the Happy Ride Collapsible Travel Carrier, designed for secure and comfortable pet transportation in cars. It complies with new Highway Code changes, ensuring dogs are suitably restrained to avoid fines. The lightweight carrier, suitable for all vehicle sizes, features a durable aluminum frame, easy installation, a foldable design, and a leather handle for portability. The carrier also prioritizes in-car safety and storage convenience.
The pet carriers market report table of contents includes:
1. Executive Summary
2. Pet Carriers Market Characteristics
3. Pet Carriers Market Trends And Strategies
4. Pet Carriers Market – Macro Economic Scenario
5. Global Pet Carriers Market Size and Growth
….
31. Global Pet Carriers Market Competitive Benchmarking
32. Global Pet Carriers Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Pet Carriers Market
34. Pet Carriers Market Future Outlook and Potential Analysis
35. Appendix
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