Growth in trend of owning a companion animal such as dogs and cats is gaining popularity than before due to factors, such as physical and mental health related benefits and improved social status. Owning a pet can reduce stress, boost confidence, keep heart healthy, and help control blood pressure and cholesterol levels, which are scientifically proven facts that encourage people to own pets. Hence, increase in adoption of pets is a vital factor that propels the growth of the pet car seat market. The rise in preferences of the pet owners towards carrying their companions wherever they travel is boosting the demand for the pet car seats across the globe.
Furthermore, rise in trend of pet humanization, rapid urbanization, shift toward nuclear families, increase in disposable income, rise in demand for passenger cars, surge in awareness related to health benefits of owning pets, and government laws regarding pet safety in vehicles are important factors that result in rise in adoption of pet and pet car seat, which propels the growth of the pet car seat market. However, manufacturers of pet car seats have to follow strict government norms related to manufacturing, packaging, and labeling of pet car seats. In addition, increase in pet ownership in developing nations and rise in e-commerce sales act as growth opportunities for the global pet car seat market.
The pet car seat market is segmented on the basis of feature, material, car type, distribution channel, and region. On the basis of feature, the market is categorized into foldable, waterproof, adjustable, non-slip, and others. By material, it is segregated into fabric, PVC, nylon, and others. By car type, the market is segregated into SUVs, sedan, hatchback, and others. By distribution channel, it is classified into supermarkets and hypermarkets, e-commerce, specialized pet shops, and others.
Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Russia, Italy, Russia, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, and rest of LAMEA).
The key players operating in the global pet care market have adopted various developmental strategies to expand their market share and increase profitability in the market. The key players profiled in this report include, Active-Pets, ARF Pets, Kurgo, K&H Manufacturing, LLC., Petco Animal Supplies, Inc., Pet Lovers Centre, Pet My Ride, Petsup, Pet Magasin, and 4Knines.
Key Market Segments
By Feature
- Non-slip
- Others
- Foldable
- Waterproof
- Adjustable
By Material
- Fabric
- PVC
- Nylon
- Others
By Car Type
- SUVs
- Sedan
- Hatchback
- Others
By Distribution Channel
- Supermarkets and hypermarkets
- E Commerce
- Specialized Pet Shops
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- Active-Pets
- ARF Pets
- Kurgo
- K&H Manufacturing, LLC.
- Petco Animal Supplies, Inc.
- pet lovers centre pte ltd
- Pet My Ride
- Petsup
- Pet Magasin
- 4Knines
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Table of Contents
Executive Summary
According to the report, titled, “Pet Car Seat Market," the pet car seat market size was valued at $1.0 billion in 2021, and is estimated to reach $1.5 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.Pet car seats are designed to be safe for both, the animal and driver, and provides comfort to the pet during long journeys. Pet covers are designed to protect animals from dirt, debris, rain, snow or other elements while they are in a vehicle. Pet car seats allow the pets to travel in the car without any hassle. They have been designed to keep the pet safe and secure while driving.
Pets are becoming more and more common in households. In the last decade, a growing number of nuclear families adopted pets as their companion. Pets are not only a source of happiness and give unconditional love, but they also provide health benefits to their owners. According to the latest data from the European Pet Food Industry Federation (FEDAIF), around 92 million dogs and 113 million cats are kept as pets in Europe. Further, one report was issued by European Automobile Manufacturers' Association, which reveals that in 2019, the fleet of passenger cars in the European Union increased by 1.8% as compared to 2018, and the number of cars on the road reached to 242.7 million. There is a growing trend of pet owners taking their pets with them in their cars when they travel. This has created an opportunity for pet car seat and cover manufacturers to offer products that will make the journey more comfortable for both, the pet and the owner. Adoption of pets as companions and humanizing them and the penetration of online pet stores are increasing at a rapid rate as more and more people adopt pets. Thus, the demand for these products is expected to only continue to rise, due to which the pet car seat industry is expected to grow at a fast pace.
The rise in awareness among the pet owners regarding the pet safety and implementation of government laws and regulations such as The Highway Code and The Prevention of Cruelty to Animals (POCTA) Act has significantly impacted the growth in the demand for pet car seats across the developed regions, such as North America and Europe. The rise in awareness regarding animal safety and prevention of animal cruelty in the developing nations is expected to foster the growth of the pet car seat industry in the foreseeable future.
According to the pet car seat market analysis, the pet car seat market is segmented on the basis of feature, material, car type, distribution channel, and region. On the basis of feature, the market is categorized into foldable, waterproof, adjustable, non-slip, and others. By material, it is segregated into fabric, PVC, nylon, and others. By car type, the pet car seat market is segregated into SUVs, sedan, hatchback, and others. By distribution channel, it is classified into supermarkets and hypermarkets, e-commerce, specialized pet shops, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
As per the pet car seat market trends, by feature, the waterproof segment is anticipated to be the fastest-growing segment during the forecast period, owing to the rise in demand for waterproof pet seat covers. People choose waterproof pet car seats and covers as they prevent claw scratches with their strong ripstop fabric, fold up easily for storage, and ensure both the pet's and the car's hygiene.
By material, the PVC segment dominated the market accounting for 36.7% of the pet car seat market share in 2021 and is expected to sustain its dominance during the forecast period. Pet owners search for wholesome, cozy, comfortable, and long-lasting solutions for their pets' accessories. Many producers and pet owners opt for PVC materials due to their usability, adaptability, resistance to chemicals and water, and durability.
As per the pet car seat market forecast, on the basis of car type, the hatchback segment dominated the market in 2021. This is attributed to the huge adoption of the hatchback cars among the global population, owing to its low cost and its high demand among the middle income consumers. Hatchback cars have become increasingly popular in recent years, and one of the reasons for this is that they are much more pet-friendly than other types of cars. There are many benefits to owning a companion animal, such as improved mental and physical health, increased socialization, and increased feeling of happiness and well-being.
Depending on the distribution channel, the e-commerce segment is anticipated to witness a significant CAGR of 5.1% during the forecast period. The rise in penetration of smartphones, growing popularity of online pet stores, and rise in the number of Internet users across the globe are the prominent drivers of the e-commerce channels. As per the International Telecommunication Union (ITU), in 2021, around 4.9 billion people had access to the Internet and majority of them were using the Internet through smartphones.
Region-wise, North America dominated the market in 2021 and is expected to drive the pet car seat market growth during the forecast period. The huge penetration of passenger cars and higher adoption rate of pets among the U.S. population has significantly fostered the growth of the pet car seat market in North America. According to the American Pet Products Association (APPA) National Pet Owners Survey 2021-2022, 70% of the U.S. households, or about 90.5 million households, have pets.
The key players operating in the global pet care market have adopted various developmental strategies to expand their market share, increase profitability in the market, and exploit the prevailing pet car seat market opportunities. The key players profiled in this report include, Active-Pets, ARF Pets, Kurgo, K&H Manufacturing, LLC., Petco Animal Supplies, Inc., Pet Lovers Centre, Pet My Ride, Petsup, Pet Magasin, and 4Knines.
Key Findings of the Study
- The global pet car seat market size was valued at $1,034.2 million in 2021, and is estimated to reach $1,531.8 million by 2031, registering a CAGR of 4.1% from 2022 to 2031.
- By feature, the waterproof segment is estimated to witness the fastest growth, registering a CAGR of 4.9% during the forecast period.
- By car type, the hatchback segment was valued at $394.0 million, accounting for 38.1% of the global pet car seat market share in 2021.
- The U.S. was the most prominent market in North America in 2021, and is projected to reach $363.3 million by 2031, growing at a CAGR of 3.5% during the forecast period.
Companies Mentioned
- Active-Pets
- Arf Pets
- Kurgo
- K&H Manufacturing, LLC.
- Petco Animal Supplies, Inc.
- Pet Lovers Centre Pte Ltd
- Pet My Ride
- Petsup
- Pet Magasin
- 4Knines
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 360 |
Published | July 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 1034.2 million |
Forecasted Market Value ( USD | $ 1531.8 million |
Compound Annual Growth Rate | 4.0% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |