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Pet Travel Services Market Size

Report ID: GMI7716
Published Date: Dec 2023
Report Format: PDF

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Pet Travel Services Market Size

Pet Travel Services Market size was valued at USD 1.8 billion in 2023 and is estimated to grow at a CAGR of 9.5% between 2024 and 2032. The market growth can be attributed to a growing awareness of pet well-being, coupled with a rise in disposable income, increasing adoption of pet insurance, and a shift towards a pet-centric lifestyle. Also, factors such as increasing pet ownership, rising number of tourists traveling with pets, and growing humanization of pets is fuelling the market size.

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For instance, according to the Forbes Advisor, in 2023, 66% of U.S. households (86.9 million homes) owned a pet. This rising number of pet owners leads to a higher demand for pet travel services to transport pets safely and comfortably. Moreover, as more people choose to travel with their pets, the demand for pet travel services is expected to rise, thus boosting the industry growth.

Pet Travel Services Market Report Attributes
Report Attribute	Details
Base Year:	2023
Pet Travel Services Market Size in 2023:	USD 1.8 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	9.5%
2032 Value Projection:	USD 4.1 Billion
Historical Data for:	2024 to 2032
No. of Pages:	150
Tables, Charts & Figures:	255
Segments covered:	Pet Type, Travel Type, Mode, Service, & Region
Growth Drivers:	Increasing pet ownership Rising number of tourists traveling with companion animals Pet-friendly traveling services
Pitfalls & Challenges:	Regulatory compliance issues High cost of services

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Pet travel services include specialized services and accommodations designed to facilitate the safe and comfortable transportation of pets. These services cater to the needs of pet owners who wish to travel with their pets, whether it's for short-distance trips, vacations, or relocations. Further, it encompasses a range of offerings aimed at ensuring the well-being of animals during transit and providing convenience for pet owners.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of pet travel services reached USD 1.8 billion in 2023 and is set to observe 9.5% CAGR from 2024 to 2032, due to the growing awareness of pet well-being coupled with a rise in disposable income, increasing adoption of pet insurance, and the shift towards pet-centric lifestyle worldwide.

The dogs pet type segment held 59.1% of the market share in 2023, owing to their widespread ownership and popularity.

North America market was over 38.4% of the market share in 2023, attributed to presence of a large pet-owning population in the region.

Airpets International, Air Animal, Inc, Happy Tails Travel, Royal Paws, Blue Collar Pet Transport, CitizenShipper, Starwood Pet Travel, World Care Pet Transport, LLC, Worldwide Animal Travel Ltd., and Aeropets Worldwide are some of the major pet travel services companies.