The pet carriers market size is expected to see strong growth in the next few years. It will grow to $1210.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The anticipated growth in the forecast period can be attributed to factors such as the rise of pet adoption, the expansion of e-commerce platforms, a heightened focus on pet safety and comfort, growing trends in customization and personalization of pet products, and increased consideration for the health and wellness of pets. Major trends expected in the forecast period include a focus on lightweight and portable solutions in pet carriers, the integration of comfort features, an emphasis on health and wellness integration within carrier designs, a rise in luxury pet carriers to meet consumer preferences, and the global expansion of the market for pet carriers.
The upward trend in pet adoption is set to drive the pet carrier market in the future. Pet adoption involves taking responsibility for a pet that was either abandoned or given to a shelter by a previous owner. Pet carriers play a crucial role in transporting pets and can function as both indoor and outdoor dog kennels, making them essential for pet owners. In 2021, Chewy, Inc., a US-based online pet product retailer, reported a significant adoption rate of 61% in the US, with approximately 977,202 pets adopted, marking the highest rate in the past six years. Additionally, a national survey by Animal Medicines Australia (AMA) in November 2022 revealed that around half of Australian households own at least one dog, making them the most common pets. This increase from 40% in 2019 demonstrates a growing trend in pet adoption, thereby propelling the pet carrier market.
The expansion of e-commerce is anticipated to be a driving force behind the growth of the pet carriers market. E-commerce, which involves online buying and selling of goods and services, is increasingly popular, and pet carriers serve as a crucial product for safely transporting pets. For instance, The Census Bureau estimated that US retail e-commerce sales for the second quarter of 2023 reached $277.6 billion, reflecting a 2.1% increase from the first quarter. This growth in e-commerce is contributing to the demand for pet carriers, making them essential for pet owners shopping online.
The pet carrier market is witnessing a notable trend towards product innovations, with major companies in the sector concentrating on the development of cutting-edge technological solutions to fortify their market positions. An exemplar of this trend is Delta Air Lines, a US-based provider of domestic and international travel services, which introduced the CarePod in October 2021. This innovative pet travel solution boasts a built-in hydration system capable of holding up to a liter of water, ensuring automatic replenishment of the spill-proof water bowl. The CarePod features a robust enterprise-level GPS tracking and monitoring system that seamlessly connects to the pet's journey, allowing owners to access key travel updates throughout the entire trip. Furthermore, the industrial-strength walls of the CarePod are insulated, providing enhanced protection for pets against potential temperature fluctuations.
Leading companies in the pet carriers market are directing their efforts toward the innovation of collapsible travel carriers, including pet crates designed to ensure in-car pet safety. Pet crates are portable and enclosed structures crafted to offer a secure and confined space for pets, providing a designated area for rest, sleep, or transport. A notable example is PetSafe brand, a US-based manufacturer specializing in electronic pet training products, which unveiled the Happy Ride Collapsible Travel Carrier in September 2022. This carrier, designed for secure and comfortable pet transportation in cars, adheres to new Highway Code regulations to ensure dogs are suitably restrained and avoid fines. Featuring a lightweight design suitable for all vehicle sizes, the carrier includes a durable aluminum frame, easy installation, a foldable design, and a leather handle for portability. Emphasizing in-car safety and storage convenience, the carrier is a testament to the industry's focus on innovative solutions.
In February 2022, Pet Value Holdings Ltd., a Canada-based provider of pet food and pet-related supplies, completed the acquisition of Chico Inc. for an undisclosed amount. This strategic move is anticipated to leverage the combined resources of Pet Value and Chico, creating a synergistic fit that enhances the provision of premium-quality products. The acquisition is expected to empower Chico to fortify and broaden its coverage across Canada. Chico Inc., headquartered in the US, specializes in providing pet carriers and other reputable products and services catering to dogs, cats, and fish.
Major companies operating in the pet carriers market report are 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, Sleeko, Prefer Pets Travel Gear, 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.
North America was the largest region in the pet carriers market in 2023. 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. The countries covered in the pet carriers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main types of pet carriers include soft-side bags, hard kennels, backpacks, and sling carriers. Soft-side bags are compact, breathable containers with additional mesh for ventilation, typically constructed from durable materials such as polyester, microfiber, or nylon. These carriers are suitable for various types of pets, including dogs, cats, and guinea pigs. They are available through various sales channels, including supermarkets, specialty stores, online retailers, and others.
The pet carriers market research report is one of a series of new reports that provides pet carriers market statistics, including pet carriers industry global market size, regional shares, competitors with a pet carriers market share, detailed pet carriers market segments, market trends and opportunities, and any further data you may need to thrive in the pet carriers industry. This pet carriers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Pet Carriers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on pet carriers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for pet carriers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This pet carriers market global report answers all of these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Product Type: Soft-Side Bag; Hard Kennel; Backpack; Sling Carrier
2) By Pet Type: Dogs; Cats; Guinea Pig
3) By Sales Channel: Supermarkets; Specialty Stores; Online Stores; Other Channels
Companies Mentioned: Paws & Pals Inc.; MidWest Homes for Pets; Ferplast SpA; EliteField LLC; Pet-Tom LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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
- Sleeko
- Prefer Pets Travel Gear
- 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.
Methodology
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