Increase in Adoption of Pet Care Products Expected to Drive Global Inflatable Pet Collars Market: Ken Research
As per analysis, “Inflatable Pet Collar Market: Current Analysis and Forecast (2021-2027)” the key companies operating in the global inflatable pet collar market include Mortime, Warmpet, Remedy+Recovery, Aopuwoner, Acorn Pet Products, Fidgeterrelax, Holysteed, Auoker, Scenereal, Petaz and among others. To gain a considerable market share in the global inflatable pet collars market, renowned players are now focusing on adopting various strategies including product innovations, recent developments, mergers & acquisitions, joint ventures, collaborations, and partnerships.
Based on pet type, inflatable pet collar market can be segmented as cat, dog and others (rabbit etc). Dog segmented dominates the global market owing to increase in number of pet dogs across households and patrol dogs for police work. Based on size, market can be segmented as small, medium and large. Based on prize category, market can be segmented as mass products and premium or luxury products.
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Based on distribution channel, market can be segmented as offline and online channel. Offline channel segment is predicted to witness higher growth rate due to availability of a wide range of products offered by different brands coupled with increase in ability to compare the prices & product attributes during the forecast period. Additionally, online distribution channel segment is also predicted to witness higher growth rate due to increase in number of diversified online shopping platforms for instance online retailers and company-owned portals during the forecast period. In addition, based on end-user, market can be segmented as pet hospitals & clinics, pet owners, pet friendly hotels and others.
The inflatable pet collar market is driven by rise in awareness of possible harmful effects of Elizabethan collars or e-collars on pets, followed by increase in exposure to pet care, rise in spending on pet products and growth in consumer spending on cats, dogs, and other pets. However, increase in pets suffering from certain behavioral issues toward adoption of the innovative pet products may impact the market. Moreover, increase in expenditure of pet owners on pet health, supplements, food, clothing & accessories, along with the grooming services is a leading opportunity for market.
Based on geography, the North-America is a leading region in global inflatable pet collar market owing to growth in adoption of pets along with increase in per capita animal healthcare investment across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to increase in awareness of pet health and growth in adoption of pet care products over the forecast period. It is projected that future of the global inflatable pet collar market will be bright as a result of increase in number of pet owners during the forecast period.
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Ankur Gupta, Head Marketing & Communications
Ken Research Pvt. Ltd.,
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