Press release
Pet Travel Services Global Market Report 2025: Soaring Adoption and Customization Trends to Drive Market Growth
Pet Travel Services Market Share
What Is The Projected Market Size Of The Global Pet Travel Services Market And Its Growth Rate?
•The pet travel services market witnessed impressive growth in recent years, hitting the $2.04 billion mark in 2024.
•It is projected to grow to $2.25 billion in 2025, displaying a CAGR of 10.3%.
•Several significant factors contribute to this growth, including rising pet ownership, urbanization, lifestyle changes, regulatory changes, and expansion of pet-friendly accommodations.
•The market size is anticipated to see rapid growth to reach $3.32 billion by 2029 at a CAGR of 10.1%.
•The major drivers for this forecasted growth include globalization, rise in premium and specialized services, and expansion of pet tourism.
What Is Driving The Growth In The Pet Travel Services Market?
The growth of the pet travel services market is directly linked to the rise in pet adoption rates. As individuals increasingly turn to rescue groups to adopt pets, there is a growing need for professional pet travel services for transportation. For instance, the percentage of new pet owners has risen to 38% in 2023, up from 34% in 2021, according to the People's Dispensary for Sick Animals, UK. This rise is primarily a reflection of the higher share of new dog owners, which stood at 41% in 2023 compared to 34% in 2021. It is this increase in animal adoption rates that propels the expansion of the pet travel services market.
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Who Are the Key Players Driving Pet Travel Services Market Growth?
The pet travel services market is driven by the following major players:
•PetRelocation
•Air Animal Pet Movers
•Happy Tails Travel Inc.
•Blue Collar Pet Transport
•Across the Pond Pets Travel
•PETport
•Starwood Pet Travel
•JetPetGlobal
•Airpets International
•CitizenShipper
What Are The Key Trends In The Pet Travel Services Market?
•Technology integration
•Health and safety concerns
•Specialized accommodations
•Customized experiences
•Environmental sustainability
What Are The Segments Of The Global Pet Travel Services Market?
•Travel Type: Domestic, International
•Pet Type: Dogs, Cats, Other Pet Types
•Booking Type: Online Booking, Offline Booking
•Application Type: Transportation, Relocation
Which Region Leads The Pet Travel Services Market?
In 2024, North America was the largest regional market for pet travel services. The market report also covers other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Pet Travel Services Global Market Report?
•Market Size Analysis: Analyze the Pet Travel Services Market size by key regions, countries, product types, and applications.
•Market Segmentation Analysis: Identify various subsegments within the Pet Travel Services 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 Travel Services Market growth.
•Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
•Industry Challenges: Analyze challenges and risks affecting the Pet Travel Services Market.
•Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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