Press release
Electronic Pet Training Product Market Set to Flourish at 5.5% CAGR from 2022 to 2030; Segment of Electronic Training Collars Predicted to Show Highest Growth
"The global Electronic Pet Training Product market is poised for substantial growth, estimated to rise at a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2030. The projected growth is ascribed to a surge in demand for innovative products, increased awareness of the benefits of electronic pet training products, and the enhancement in consumer disposable income. Segmented by type into electronic training collars, ball launchers & droppers and additional product types, it is the electronic training collar segment that is predicted to witness the highest CAGR throughout the forecast period. Reflecting their growing popularity due to efficiency in pet training, these collars are a predominant driving force for market expansion. Distribution wise, the market is bifurcated into online and offline sales, with offline sales including retail and specialty stores. In 2017, retail stores held the majority market share across global regions attributed to their large customer base.The electronic pet training product industry's positive trajectory is largely fueled by the rising disposable income of consumers, which supports their ability to purchase advanced and innovative products. Electronic pet training products, such as electronic training collars, provide an effective tool for pet owners to maintain control, ensure safety, and encourage good behavior, thus contributing to their escalating demand.
In the offline sales category, while both retail and specialty stores are integral distribution channels, it is the retail store segment that enjoyed a larger market share in 2017. Housing an expansive customer base across various global regions, retail stores continue to play a significant role in driving the sales of electronic pet training products
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/212912
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The electronic pet training product market has been segmented on the basis of ๐๐ฒ๐ฉ๐
โ Electronic Training Collars
โ Ball Launchers & Droppers
โ Bark Control Devices
โ GPS Trackers
โ Electronic Fencing Systems
โ Other
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Online Sales
โ Offline Sales
๐๐๐ญ ๐๐ฒ๐ฉ๐
โ Dogs
โ Cats
โ Others
๐๐ง๐-๐๐ฌ๐๐ซ
โ Households
โ Commercial Users
โ Professional Trainers
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ PetSafe
โ Dogtra
โ E-Collar Technologies
โ SportDOG
โ DogWatch
โ Garmin
โ PAC Collars
โ D.T. Systems
โ Shenzhen WellTurn Technology
โ Shenzhen Jianfeng Electronic Pet Product
Segment Analysis:
The segment analysis of the electronic pet training product market reveals a broad range of categories. Diverse types of products, varying from electronic training collars, ball launchers and droppers, bark control devices, GPS trackers, electronic fencing systems, to other electronic pet gadgets, add to the market's width. These electronic tools are indispensable for modern pet owners and professional trainers as they aid in tracking and controlling pet behavior. Additionally, these products also differ in applications which have been bifurcated to cater to online or offline sales channels. The market also varies with the type of pet targeted. While dogs and cats are the conventional users of these electronic training products, there are also segments for products designed for other pets. Lastly, the electronic pet training products are used by end-users ranging from households to commercial users and professional trainers.
Regional Analysis:
The geographical territories for the electronic pet training product market have been categorized into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. As per the current trends and pace of pet adoption, North America tends to dominate the market due to a higher inclination towards keeping pets and subsequently the higher adoption of these pet training products. However, the rapidly growing pet population and incrementing pet humanization trends in the Asia Pacific region are likely to boost the product market growth. The European market also shows good growth owing to pet-friendly culture and laws. Contrarily, the Middle East, Africa, and Latin America, while having potential, are comparatively untapped markets due to cultural norms and economic factors that might limit pet adoption and related product market growth
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/212912
Market Drivers for Electronic Pet Training Product Market:
1. Rising Pet Adoption: The increasing trend of pet adoption globally, especially in developed countries, is a significant driver for the pet training product market.
2. Increasing Pet Humanization: Pet owners are now considering pets as part of their family and hence are willing to invest in top-quality products and services for their well-being.
3. Innovation and Technology: The introduction of innovative and advanced pet training products is also expected to drive the market.
4. Inclination towards Pet Training: The growing trend of training pets, especially dogs, is driving the growth of the electronic pet training product market.
5. Increase in Disposable Incomes: With the rise in disposable incomes, people are willing to spend more on pet accessories and training products.
Opportunities in Electronic Pet Training Product Market:
1. Growing E-commerce Platforms: The rise in e-commerce platforms provides manufacturers with immense opportunities to sell their products online. This also provides a platform for manufacturers to reach a more extensive customer base.
2. Developing Markets: Expanding the product line in emerging markets like Asia-Pacific can prove to be a profitable opportunity for electronic pet training product manufacturers.
3. Customization: Customizable electronic pet training products catering to specific needs can carve a niche market.
4. Incorporation of AI and IoT: Incorporating artificial intelligence and IoT in pet training products can open new opportunities in the market.
5. Demand for Smart Devices: There is an ongoing trend of smart devices helping pet owners to monitor and control their pets' activities. Companies can invest in these smart devices, thus offering lucrative opportunities for the market's growth
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/212912
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๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ง ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐ฌ ๐ฉ๐๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐๐๐.
๐๐ฆ๐๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐๐ฅ๐๐ฌ@๐๐๐ญ๐๐ข๐ง๐ญ๐๐ฅ๐จ.๐๐จ๐ฆ
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