PUBLISHER: Allied Market Research | PRODUCT CODE: 1239553
PUBLISHER: Allied Market Research | PRODUCT CODE: 1239553
The global pet travel accessories market size was valued at $7,030.0 million in 2021 and is projected to reach $12,167.0 million by 2031, registering a CAGR of 5.8% from 2022 to 2031.
Pet travel accessories are specialized products created for pets that are used while traveling in automobiles, trains, planes, and ships. Pet travel accessories ensure the pet's safety and comfort during extended journeys. Pet travel accessories include a pet car seat, pet travel leash & harness, pet carrier backpack, and others. Products such as pet car seats are designed to protect animals from slipping and getting hurt, while also protecting the interior of the car from dirt, debris, rain, snow, or other elements. Pet car seats allow the pets to travel in the car without any hassle. They have been designed to keep the pet safe & secure while driving.
Pet travel accessories are very high in demand in the market because many people are adopting pets in today's time, and the number is expected to increase in the upcoming years. So, the safety of pets, not only at home but also while traveling and taking them for a walk is essential. Laws made by the government have made pet owners to surely invest in pet travel accessories, which has eventually increased the revenue of pet products manufacturing companies.
The guarantee that owners may travel safely with their pets on road excursions has been a cause of anxiety. Traveling with a pet is difficult since they grow agitated in strange situations and tend to act unpredictably. Pet owners are constantly on the hunt for unique, sturdy, and healthy travel gear for their dogs that is both comfortable and long-lasting, which results in a rise in willingness to purchase new goods. The demand for pet travel accessories has skyrocketed. For instance, pet car seat coverings, are necessary for owners to maintain their vehicles clean and their dogs safe when traveling. The U.S. continues to lead the market for pet car seats, owing to a significant number of pet dogs and an increase in per capita investment in pet care items and accessories.
The pet travel accessories market is segmented into product type, application, distribution channel, and region. On the basis of product type, the market is categorized into pet car seat, pet travel leash & harness, pet carrier backpack, and others. Depending upon application, it is divided into dogs, cats, and others. By distribution channel, it is divided into supermarkets/hypermarkets, specialty pet stores, e-commerce, and others. As per region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, and rest of LAMEA).
According to product type, the pet travel leash & harness segment has gained a major share in the global market in 2021 and is expected to sustain its market share during the forecast period. Pet travel leash & harness are vital accessories that ensure the safety of the pet and provide support to the pet owner to control the pet in public or while traveling.
Based on application, the dogs segment is likely to dominate the global market, registering a CAGR of 5.6%. Dogs are the most popular animals that are frequently adopted as companions or pets all over the globe.
As per the distribution channel, the specialty pet stores segment has gained a major share in the global market in 2021 and is expected to sustain its market share during the forecast period. Employees at specialty stores are well-informed about the items on the market and may give insights to clients to help them with the purchase. Such characteristics of specialty pet stores excite buyers, helping to boost the pet travel accessories industry.
By region, North America dominated the pet travel accessories market in 2021 and is expected to be dominant during the forecast period. The dominance is due to contemporary developments such as urbanization, increasing desire for road trips, and rise in disposable income of pet owners, which have influenced the increase of sales of pet travel accessories for pets accompanying their pet owners on their road trips.