According to the latest research by Fact.MR, the pet travel accessories business is set to witness a CAGR of over 6% during 2021-2031. The growth is attributed to the fact that increasing pet population and per capita expenditure on the pet accessories. The demand will be muted in the regions which are still recovering from the COVID-19 during the initials years of forecast and will gain its momentum by the end of 2022 Q2.
Pet owners are frequently looking for durable and one-of-a-kind travel accessories for their pets that are both comfortable and long-lasting, due to which they are readily accepting new products or switching from existing to upgraded products. As a result, there is a significant increase in demand for such products, resulting in an increase in the pet travel accessories business.
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The readability score of the Pet Travel Accessories Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Pet Travel Accessories market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Pet Travel Accessories along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive landscape:
Some of the leading manufacturers and suppliers of pet travel accessories include
- Bed Bath & Beyond Inc.
- BURAQ
- Cycle Dog
- Honest Pet Products LLC
- Hyper-Pet LLC
- KOZI PET
- Nestlé Purina
- PET PARENT
- Petco Animal Supplies Inc.
- Petmate
- PETS EMPIRE
- Pets lover
- PT Labs
The market is fragmented and highly competitive in nature, players in the business are strengthening their online presence, in order to cater to the growing online customers demand. In addition, they are collaborating with social media influencers and bloggers to spread awareness and the importance of pet travel accessories.
Through such a strategy the players are able to build brand popularity and advertise their products. Since the pet travel accessories business has a lot of many players presence, this shows that there are limited barriers for the new entrants and still room is there for them.
Key Segments:
· By Pet Type
- Dogs
- Cats
- Rabbits
- Others
· By Product Type
- Carriers
- Backpacks
- Insert Pads
- Booster Seat
- Stroller
- Portable Litter Box
- Others
· By Distribution Channel
- Veterinary Clinics
- Online Retailing
- Supermarket
- Hypermarket
- Specialty Stores
- Modern Trade
- Others
· By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
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How will be insights and market estimations provided in the Fact.MR report on the Demand of Pet Travel Accessories make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Pet Travel Accessories Market
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
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