Press release
Pet Carriers Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Pet Carriers Market Size
The pet carrier market is forecasted to expand due to increasing rates of pet adoption. Adoption of pets includes taking over from a past owner who either surrendered the animal or left it at a shelter. This process involves having custody of and taking care of the pet. Pet carriers, which can serve as an indoor or outdoor dog kennel, provide pet owners with the means to move their pets and as such, the growth in pet adoption will spur the pet carrier market. As an illustration, the Insurance Information Institution, a US-based organization, published a report in May 2024 indicating that the overall spending in the U.S. pet industry rose to $147 billion in 2023, a 7.5 percent rise from $136.8 billion in 2022. Consequently, the heightened pet adoption rate is a catalyst for the pet carrier market.
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What is the projected compound annual growth rate (CAGR) of the pet carriers market from 2025 to 2034, and what factors influence it?
The market for pet carriers has seen significant expansion in the past few years. An increase from $939.91 billion in 2024 to $987.97 billion in 2025, yielding a compound annual growth rate (CAGR) of 5.1%, is predicted. This upward trend during the historic period is likely due to pet ownership patterns, the rise of urban living and pet-accommodating lifestyles, and trends towards both adventure and travel. There's also the phenomenon of perceiving pets as more human-like, along with advances in materials and design aspects.
The market for pet carriers will likely witness robust growth in the coming years, expanding to $1284.16 billion in 2029 with a compound annual growth rate (CAGR) of 6.8%. This projected growth during the forecast period is primarily due to factors such as an increase in pet adoptions, the boom in e-commerce, attention towards pet safety and comfort, the rise of customization and personalization, and health and wellness concerns. The predicted trends for the same period are a focus on lightweight and mobile solutions, ingratiation of comfort features, a focus on health and wellness, a surge in luxury pet carriers, and growth of the global market.
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How are the latest trends influencing the growth of the pet carriers market?
Prominent corporations functioning in the pet carrier industry are innovating with technologies such as drop-stitch methods to boost the sturdiness, lightweight architecture, and overall convenience of pet carriers. This allows for a safer, more pleasant journey for both pets and their caregivers. Drop-stitch technology is a technique used in the making of inflatable goods which employs thousands of polyester strands to connect the upper and lower layers, establishing a strong, inflexible form when inflated. For example, Diggs, a company that produces pet items in the US, unveiled Enventur in March 2023. The Enventur, with its easy transport design, inflates in a minute with the suggested Diggs Manual Pump, and can also be deflated and compressed for simple storage, making it perfect for travel.
What are the major segments of the pet carriers market and their role in driving growth?
The pet carriers market covered in this report is segmented -
1) By Product Type: Soft-Side Bag, Hard Kennel, Backpack, Sling Carrier
2) By Pet Type: Dogs, Cats, Guinea Pig
3) By Sales Channel: Super markets, Specialty Stores, Online Stores, Other Channels
Subsegments:
1) By Soft-Side Bag: Airline-Approved Soft Carriers, Pet Totes, Soft-Sided Crates, Luxury Soft Carriers
2) By Hard Kennel: Plastic Kennels, Metal Kennels, Folding Kennels, Heavy-Duty Kennels
3) By Backpack: Structured Pet Backpacks, Sling-Style Backpacks, Multi-Functional Backpacks, Ventilated Pet Backpacks
4) By Sling Carrier: Adjustable Sling Carriers, Fashion Sling Carriers, Padded Sling Carriers, Lightweight Sling Carriers
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Which regions are key players in the growth of the pet carriers market?
North America was the largest region in the pet carriers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the pet carriers market report during the forecast period. The regions covered in the pet carriers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the pet carriers market?
Major companies operating in the pet carriers market include 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, Gen 7 Inc., Outward Hound Inc., K&H Manufacturing LLC, Sherpa Pet Group, Quaker Pet Group Inc., Stefanplast SpA, MPS Italia, OxGord Inc., Mr. Peanut's Pet Carriers, Bergan LLC, Radio Systems Corporation, Kurgo Inc., PetEgo LLC, PetFusion Inc., PetNation Inc.
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What Is Covered In The Pet Carriers Global Market Report?
• Market Size Forecast: Examine the pet carriers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the pet carriers market for a structured understanding.
• Key Players Overview: Analyze major players in the pet carriers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pet carriers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the pet carriers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pet carriers market.
• Industry Challenges: Identify potential risks and obstacles affecting the pet carriers market.
• Competitive Landscape: Review strategic developments in the pet carriers market, including expansions, agreements, and new product launches.
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