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Pet Travel Accessories Market Size
- Report ID: GMI11386
- Published Date: Sep 2024
- Report Format: PDF
Pet Travel Accessories Market Size
Pet Travel Accessories Market size was valued at around USD 6.5 Billion in 2023 and is anticipated to register a CAGR of 5.7% between 2024 to 2032. Globally, the number of pet owners has been on the rise, driving up the demand for various pet-related products, notably travel accessories.
With an increasing emphasis on pet safety during travel, products such as crash-tested carriers, seat belts, and safety vests are witnessing heightened demand. According to 2023-2024 survey by American Pet Products Association (APPA), 66% of U.S. households, translating to 86.9 million homes, own a pet. In the U.S., dogs reign as the most favored pet, with 65.1 million households owning one, closely followed by cats, present in 46.5 million households.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Pet Travel Accessories Market Size in 2023: | USD 6.5 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 5.7% |
| 2024 – 2032 Value Projection: | USD 10.7 Billion |
| Historical Data for: | 2021-2023 |
| No. of Pages: | 151 |
| Tables, Charts & Figures: | 311 |
| Segments covered: | Product Type, Pet Type, Price, Distribution Channel, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Additionally, the market also witnesses growth in the emergence of intelligent pet travel accessories, including GPS trackers and health monitoring devices. Design-related innovative products, such as ergonomic carriers and multi-functional travel beds, gain consumers' interest. The proliferation of e-commerce further facilitates easier access to a wider range of travel accessories for pets.
Furthermore, there is significant demand for pet travel services, mainly due to the growth in demand for animal-friendly properties such as hotels, cafes, parks and beaches.
The pet travel accessories market is densely populated with numerous brands, each presenting a diverse range of products. This saturation intensifies competition, challenging companies to distinguish their offerings and uphold their market share. Compliance with standards of safety is highly critical, especially for products such as Harness and Leash. Non-compliance could result in either legal issues or safety recalls. In the market, consumer preferences can swiftly change, influenced by trends, emerging research, or evolving lifestyles. To remain pertinent, companies must continuously adapt. With an increasing emphasis on pet health and wellness, products must evolve to meet these changing standards.
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Pet Travel Accessories Market Scope
