Pet Care E-commerce Market Research 2024 - Industry Analysis, Size, Share, Future Trends, Growth Opportunities And Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Pet Care E-commerce Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $49.05 billion In 2028 At A CAGR Of 11.9% :

The pet care e-commerce market size has grown rapidly in recent years. It will grow from $27.87 billion in 2023 to $31.31 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to increasing pet ownership, urbanization, growing use of the Internet and smartphones, shifts in lifestyle, increasing awareness of pet health.

The pet care e-commerce market size is expected to see rapid growth in the next few years. It will grow to $49.05 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to adoption of subscription-based services, rise of automation, increasing preference for environmentally friendly pet care, growth in online veterinary consultations, globalization of e-commerce. Major trends in the forecast period include health monitoring wearables, virtual pet adoption, pet food subscription services, innovative packaging, DIY pet grooming kits.

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Pet Care E-commerce Market Major Segments
The pet care E-commerce market covered in this report is segmented -

1) By Product: Pet Grooming Products, Pet Food, Medications (OTC/Supplies), Other Products
2) By Animal Type: Canine, Feline, Crawler, Other Animals
3) By Application: Fungal Infections, Digestive Problems, Other Applications

Key Driver - Surge In Pet Adoptions Ignites Growth In Pet Care E-Commerce

The rising pet adoption rate is expected to drive the pet care e-commerce market. Pet adoption refers to shelters and rescues full of loving, spayed or neutered, vaccinated, and trained pets who are just waiting to meet you. Pet care brands are upping their marketing game and expanding their e-commerce presence to connect with consumers. For instance, in July 2022, according to the American Society for the Prevention of Cruelty to Animals, a US-based non-profit organization, only 3.2 million of the roughly 6.5 million animals that enter shelters each year are adopted. Further, in July 2022, according to the Humane Society, an India-based animal protection organization, every year, 31% of cats and 28% of dogs are adopted from shelters. Therefore, rising pet adoption is driving the growth of the pet care e-commerce market.

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Prominent Trend - Pet Care E-Commerce Evolution Drive Market Growth With Wellness Solutions

Product innovations are a key trend gaining popularity in the pet care e-commerce market. Major companies operating in the pet care e-commerce markets are concentrating on creating innovative product solutions to boost their market share. For instance, in August 2022, Chewy, a US-based company operating in pet care e-commerce, launched CarePlus, enabling millions of pet parents to access wellness and insurance plans. It is the most recent addition to Chewy's expanding line of health and wellness products, expanding access to high-quality, reasonably priced pet healthcare. The product's distinguishing characteristics include 100% cost coverage for eligible prescription drugs, supplements, and veterinary diet food purchases made on Chewy.com.

Pet Care E-commerce Market Players
Major companies operating in the pet care e-commerce market report are Walmart Inc., Amazon.com Inc., Nestlé S.A., Colgate-Palmolive Company, Chewy Inc., Zoetis Inc., PetSmart Inc., Petco Health and Wellness Company Inc., Pet Supplies Plus LLC, Blue Buffalo Company Ltd., PETstock Pty Ltd, BarkBox Inc., PetMed Express Inc., Groomers Delight LLC, Champion Petfoods LP, Dover Saddlery Inc., SmartPak Equine LLC (SmartPAK), NomNomNow Inc. HealthyPets Inc., Revival Animal Health Inc., PetFlow LLC, TABcom LLC, Ancol Pet Products Limited, Ollie Pets Inc., Spot & Tango LLC, Wild One Holdings LLC The Pawfect Box Ltd., CatLadyBox LLC, PetPlate Inc., Doskocil Manufacturing Company Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the pet care e-commerce market in 2023. The regions covered in the pet care e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pet Care E-commerce Market Report Structure
3. Pet Care E-commerce Market Trends And Strategies
4. Pet Care E-commerce Market - Macro Economic Scenario
5. Pet Care E-commerce Market Size And Growth
…..
27. Pet Care E-commerce Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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