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Rise In Pet Adoption To Drive Market Growth: The Driving Engine Behind Pet Travel Services Market Evolution in 2025
Pet Travel Services
Pet Travel Services Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been speedy expansion in the pet travel services market. It is forecasted to rise from $2.04 billion in 2024 to $2.25 billion in 2025, generating a compound annual growth rate (CAGR) of 10.0%. Factors contributing to this historic growth can be traced to the surge in pet ownership, urbanization, lifestyle shifts, regulatory changes, heightened consciousness about pet safety, and growth in pet-friendly lodging options.
How Will the Pet Travel Services Market Size Evolve and Grow by 2029?
In the coming years, the pet travel services market is projected to witness significant expansion, reaching $3.31 billion by 2029, with a compound annual growth rate (CAGR) of 10.1%. Factors contributing to this growth during the forecast period include the influence of globalization and international travel, changes in regulations, an increased emphasis on sustainable and green practices, a surge in premium and specialized services, and the blooming pet tourism industry. The forecast period will also note key trends such as the integration of technology, concerns about health and safety, specialized lodging options, tailored experiences, and environmental sustainability.
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What Drivers Are Propelling the Growth of Pet Travel Services Market Forward?
The pet travel services market's expansion will be fueled by a surge in pet adoption. Instead of buying them from pet shops or breeders, animal adoption involves procuring animals from rescue groups. Individuals utilise pet travel services to transport their pets with ease, which saves time and is managed expertly. For instance, the People's Dispensary for Sick Animals, a non-profit organization based in the UK, reported in April 2023 that the proportion of pet owners identified as 'new' had reached 38% in 2023, a rise from 34% in 2021 and 36% in 2022. This upward trend is mainly caused by an increasing percentage of new dog owners in 2023, at 41%, relative to 34% in 2021. Thus, the upswing in animal adoption rates contributes significantly to the growth of the pet travel services market.
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Which Emerging Trends Are Transforming the Pet Travel Services Market in 2025?
Innovations in products are becoming a major trend in the animal health market. Elite market competitors are including new and cutting-edge services and products in their portfolio to consolidate their standing in the market. To illustrate, in March 2023, Pet Value, a pet food and supplies enterprise based in Canada, unveiled a distinctive digital pet-centric travel guide called Let's Go Outside. The special edition hard copy of the travel guide comes with an exclusive chew-proof sleeve, making it pet-friendly. It includes a compilation of stories and expert advice, suggesting pet-first accommodations, camping spots, trails, parks, eateries, and other places curated by the company's animal care specialists.
What Are the Key Segments in the Pet Travel Services Market?
The pet travel services market covered in this report is segmented -
1) By Travel Type: Domestic, International
2) By Pet Type: Dogs, Cats, Other Pet Types
3) By Booking Type: Online Booking, Offline Booking
4) By Application Type: Transportation, Relocation
Subsegments:
1) By Domestic: Pet-Friendly Transportation Services, Pet Boarding Facilities, Pet Sitting Services During Travel, In-Home Pet Care Services, Pet-Friendly Accommodation Booking
2) By International: International Pet Relocation Services, Customs Clearance Assistance For Pets, Pet Travel Insurance, International Boarding And Care Facilities, Health Certificate And Vaccination Services
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Who Are the Key Players Shaping the Pet Travel Services Market's Competitive Landscape?
Major companies operating in the pet travel services market include 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, Tails-A-Wagon Pet and Vehicle Transport, AirPets Relocation Services Pvt. Ltd., Pet Travel Services Guam, Pawsome Pet Travel Ltd., World Care Pet Transport LLC, PetSafe Inc., Pet Express Animal Transport, Pet Air Carrier LLC, Pet Van Lines, Pet Travel Transport, Aeropets, Airvets Pet Relocation, American Airlines Pet Cargo, Animal Airways, Animal Land Pet Movers, Crown Relocations, Delta Airlines Pet Shipping, Dog Gone Taxi, Dogtainers, Fetch Pet Care
What Geographic Markets Are Powering Growth in the Pet Travel Services Market?
North America was the largest region in the pet travel services market in 2024. The regions covered in the pet travel services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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