Quadintel recently published a new research report on the Global Pet Care E-commerce Market. In addition to prospective prospects, this study offers a historical analysis of growth, cost structure, revenue, market trends, and capacity (2023-2030). The following section offers comprehensive coverage of the Pet Care E-commerce Market across a number of market categories, in-depth research at the country level, and an assessment of the market’s key drivers, restraints, trends, and opportunities.
Global Pet Care E-commerce Market to reach USD 48.85 billion by 2027.Global Pet Care E-commerce Market is valued approximately at USD 23.09 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.30% over the forecast period 2021-2027.
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The pet care products on e-commerce platforms include nutritional food products, antibacterial products, antifungal products, milk products, vitamin and mineral supplements and many others. The trend of shifting from pet owners to pet parenting is fueling growth in the market. Rising pet adoption, rising consumer spending on e-commerce platforms, saving of time and money and rise in smartphone adaptivity are the factors injecting growth in the market. For instance, according to Statista, e-commerce share of global household and pet care retail sales has increased from 12% in 2017 to 20% in 2020 and is expected to reach 29% by 2025. Also, number of smartphone users in United States has reached 294 .15 million after increasing from 274.1 in 2018, and is projected to reach 311.53 million by 2025. Furthermore, strategic initiatives by market players to gain competitive edge and rise in spending on pets are expected to drive the market demand during forecast period. Such as, in May 2019, Carrefour and TerraCycle collaborated with over twenty organizations – including Perfect Fit, to launch Loop, an e-commerce shopping platform. However, lack of supply chain infrastructure and dominance of offline store in the market is expected to hinder growth during forecast period.
North America is leading the market with highest market share among Asia Pacific, North America, Europe, Latin America, and Rest of the World, due to well-established e-commerce industry and rising awareness regarding pet health. Asia Pacific is expected to grow with the highest growth rate during forecast period, owing to rising adoption of companion animals and increasing disposable income in the region.
Major market player included in this report are:
PetSmart Inc.
Amazon.com
Chewy.com
Walmart
Groomers Delight
Petco Animal Supplies Inc.
PETstock
PetMed Express, Inc.
BarkBox
TABcom LLC
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Animal Type:
Canine
Feline
Others
By Product:
Pet Grooming Products
Pet Food
Medications
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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List of Factors Covered in the Report are:
Major Strategic Developments: The report abides by quality and quantity. It covers the major strategic market developments, including R&D, M&A, agreements, new products launch, collaborations, partnerships, joint ventures, and geographical expansion, accompanied by a list of the prominent industry players thriving in the market on a national and international level.
Key Market Features:
Major subjects like revenue, capacity, price, rate, production rate, gross production, capacity utilization, consumption, cost, CAGR, import/export, supply/demand, market share, and gross margin are all assessed in the research and mentioned in the study. It also documents a thorough analysis of the most important market factors and their most recent developments, combined with the pertinent market segments and sub-segments.
List of Highlights & Approach
The report is made using a variety of efficient analytical methodologies that offers readers an in-depth research and evaluation on the leading market players and comprehensive insight on what place they are holding within the industry. Analytical techniques, such as Porter’s five forces analysis, feasibility studies, SWOT analyses, and ROI analyses, are put to use to examine the development of the major market players.
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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