Report Ocean introduces a fresh report examining the Pet Travel Services Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Pet Travel Services Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
Global Pet Travel Services Market is valued approximately USD 1.64 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.63% over the forecast period 2022-2029. The rapid rise in pet adoption among millennials and young Generation is a significant factor that is anticipated to raise demand for pet training services internationally, which will further enhance demand for the pet travel services industry. Additionally, increased humanization trends, pet adoption rates, and the amount of visitors taking their pets with them on vacation are all factors contributing to the market’s expansion.
Request to Download Free Sample Copy of ‘Pet Travel Services Market’ Report: –https://reportocean.us/sample-request/report_id/bzwt2311
People all throughout the world are adopting more pets as companions, including dogs, cats, rabbits, and birds. There are several advantages to owning a companion animal, including a decrease in stress, an increase in confidence, the maintenance of heart health, and the management of blood pressure and cholesterol levels. These advantages have all been scientifically verified, which encourages people to keep pets. According to a 2021 survey by the American Pet Products Association, there are 69 million dog-owning households in the United States. The industry has grown as a result of an increase in the number of people adopting dogs since they offer companionship and emotional support. Adopting pets has therefore recently gained popularity among families, especially nuclear families. Approximately 90.5 million households in the United States, or 70%, have pets, according to the APPA Survey 2021-2022. Furthermore, growing pet-friendly traveling services & hotels is creating a lucrative growth to the market. However, the high cost of Pet Travel Services stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Pet Travel Services Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of market revenue, North America dominated due to increased pet ownership and rising concern for animal welfare. While Asia Pacific is predicted to see the highest CAGR during the projected period due to factors including rising interest in adopting companion animals and expanding disposable income, the region’s pet care expenditure is expected to increase there. Additionally, the growing increase of tourism in nations like China, India, South Korea, and Japan is anticipated to fuel market expansion. Additionally, the market opportunity is expanding as pet taxi services become more prevalent in developing nations.
Major market players included in this report are:
Airpets International
Air Animal, Inc.
Happy Tails Travel, Inc.
Royal Paws
Blue Collar Pet Transport
Citizen Shipper
Starwood Pet Travel
World care Pet Transport Inc.
PetRelocation, Inc
Worldwide Animal Travel Ltd
Recent Developments in the Market:
In February 2022, The self-service pet travel booking platform Avvinue announced the beta testing of The company’s platform, which is available for testing by the general public, assists travellers in finding and booking flights on more than 500 pet-friendly airlines that allow passengers to travel with their pets in the cabin, in cargo, or on private shared charter planes.
In April 2022, Uber announced its plans for a launch of new service in which it would allow customers to book journeys with their pets.
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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Pet Type offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Pet Type:
Dog
Cats
Others
By Travel Type:
Domestic
International
By Application:
Transportation
Relocation
By Booking Type:
Online & phone bookings
Offline bookings
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
RoLA
Rest of the World
Reasons to Consider Purchasing the Pet Travel Services Market Report:
Comprehensive Market Insights: Delve into the depths of the Pet Travel Services Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Pet Travel Services market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
Informed Investment Decision Making: Leverage the report’s critical information and data-driven insights to facilitate informed investment choices within the Pet Travel Services market. Equipped with this knowledge, businesses can confidently allocate resources to avenues with the greatest potential for returns.
Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Pet Travel Services market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom-line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.