Press release
Soaring Growth in Pet Carriers Market: Insights on Size, CAGR, Key Drivers and Trends
Pet Carriers Market Size
What Is The Projected Market Size Of The Global Pet Carriers Market And Its Growth Rate?
The Pet Carriers market has demonstrated robust growth in recent years and is expected to continue this trend in the future:
- The market size grew from $939.91 billion in 2024 to an expected $987.97 billion in 2025.
- This represents a compound annual growth rate (CAGR) of 5.1%.
- By 2029, the pet carriers market size is expected to reach $1284.16 billion, with a CAGR of 6.8%.
What Is Driving The Growth In The Pet Carriers Market?
The surge in pet adoption is a significant factor contributing to the growth of the pet carrier market. Pet carriers provide a feasible solution for pet owners to transport their pets conveniently, acting as an indoor or outdoor kennel. For instance, the total pet industry expenditures in the U.S. reached $147 billion in 2023, a 7.5% increase from $136.8 billion in 2022, as per a report published by Insurance Information Institution in May 2024.
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Who Are the Key Players Driving Pet Carriers Market Growth?
The global pet carrier market is steered by key industry players such as:
- Paws & Pals Inc.
- MidWest Homes for Pets
- Ferplast SpA
- EliteField LLC
- Pet-Tom LLC
- Pet Gear Inc.
- Coastal Pet Products Inc.
- Pet Life LLC
- Worldwise Inc.
- Snoozer Pet Products LLC.
What Are The Key Trends In The Pet Carriers Market?
Key trends responsible for steering the growth of the pet carriers market include:
- Focus on lightweight and portable solutions
- Integration of comfort features
- Health and wellness integration
- Rise in luxury pet carriers
- Expansion of the market globally.
What Are The Segments Of The Global Pet Carriers Market?
The pet carriers market has been segmented into the following categories:
- By Product Type: Soft-Side Bag, Hard Kennel, Backpack, Sling Carrier
- By Pet Type: Dogs, Cats, Guinea Pig
- By Sales Channel: Supermarkets, Specialty Stores, Online Stores, Other Channels.
Which Region Leads The Pet Carriers Market?
In 2024, North America held the largest share of the pet carriers market, however, Asia-Pacific is projected to be the fastest-growing region during the forecast period. The pet carriers market covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Pet Carriers Market Global Market Report?
- Market Size Analysis: Analyze the Pet Carriers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pet Carriers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pet Carriers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pet Carriers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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