Key Takeaways
- In 2023, China's pet industry market size reached 297.15 billion RMB, reflecting a 17.56% year-on-year growth driven by rising pet ownership in urban areas.
- The pet economy in China is projected to exceed 1 trillion RMB by 2025, with a compound annual growth rate (CAGR) of 22.6% from 2020 to 2025.
- China's pet consumption market grew from 59.3 billion RMB in 2018 to 249 billion RMB in 2022, a CAGR of 33.4%.
- In 2023, China's dog-related pet market was valued at 185 billion RMB, up 19% YoY.
- China's urban pet cat population reached 79.18 million in 2023, growing 15.6% YoY.
- Dog ownership in China hit 54.41 million pets in urban areas by end of 2023.
- In 2023, China's pet food market was valued at 132 billion RMB, growing 20.1% YoY.
- Dry pet food sales in China reached 65 billion RMB in 2023, 49% of total pet food.
- Premium pet food segment grew 28% to 42 billion RMB in 2023.
- China's pet products market (toys, beds, etc.) was 102 billion RMB in 2023, up 18.3%.
- Pet apparel and accessories sales hit 25 billion RMB, growing 22% YoY in 2023.
- Pet grooming tools market reached 15 billion RMB in 2023.
- In 2023, China's pet grooming services market reached 28 billion RMB, up 25% YoY.
- Pet hospitals and clinics numbered over 12,000 in China by 2023, revenue 35 billion RMB.
- Pet boarding and daycare services generated 15 billion RMB in 2023.
China's pet industry is booming as urban ownership and premium spending surge rapidly.
Market Size and Growth
- In 2023, China's pet industry market size reached 297.15 billion RMB, reflecting a 17.56% year-on-year growth driven by rising pet ownership in urban areas.
- The pet economy in China is projected to exceed 1 trillion RMB by 2025, with a compound annual growth rate (CAGR) of 22.6% from 2020 to 2025.
- China's pet consumption market grew from 59.3 billion RMB in 2018 to 249 billion RMB in 2022, a CAGR of 33.4%.
- In 2022, the overall scale of China's pet industry surpassed 300 billion RMB, with pet food accounting for 45% of the market.
- China's pet market is expected to grow at a CAGR of 15.2% from 2023 to 2028, reaching 598 billion RMB by 2028.
- The value of China's pet industry in 2021 was 211 billion RMB, up 37.5% from 2020.
- From 2019 to 2023, China's pet market expanded at an average annual rate of 25%, fueled by millennial pet owners.
- In Q1 2024, China's pet industry transaction volume hit 78.6 billion RMB, a 14.5% increase YoY.
- China's pet services market grew to 45.2 billion RMB in 2023, part of the broader 297 billion RMB pet economy.
- The pet products segment in China reached 102 billion RMB in 2023, contributing 34% to total pet market revenue.
- China's online pet market sales surged 28% YoY to 156 billion RMB in 2023.
- Pet industry investment in China totaled 12.3 billion RMB in 2023, up 45% from 2022.
- China's pet market CAGR from 2015-2023 averaged 28.7%, outpacing global averages.
- In 2024, China's pet industry is forecasted to hit 350 billion RMB, with 18% growth.
- The share of pet spending in urban household consumption rose to 1.2% in 2023 from 0.3% in 2015.
- China's pet export market grew 32% to 15 billion USD in 2023.
- Tier-1 cities accounted for 55% of China's 297 billion RMB pet market in 2023.
- Pet industry M&A deals in China reached 56 in 2023, valued at 8.7 billion RMB.
- China's pet market digital economy segment hit 89 billion RMB in 2023, 30% of total.
- From 2020-2023, pet industry employment in China grew to 2.1 million jobs.
- China's pet insurance market expanded to 3.2 billion RMB in 2023, CAGR 65% since 2019.
- Offline pet retail channels held 62% market share worth 184 billion RMB in 2023.
- Pet market growth in lower-tier cities accelerated to 25% YoY in 2023.
- China's pet industry contributed 0.18% to national GDP in 2023.
- Venture capital funding for pet startups reached 5.6 billion RMB in 2023.
- Pet market revenue per capita in urban China was 152 RMB in 2023.
- The pet supplies sub-market grew 20.3% to 112 billion RMB in 2023.
- China's pet industry saw 1,200 new brand launches in 2023.
- Total pet-related e-commerce GMV hit 220 billion RMB in 2023.
- Pet market penetration in households reached 22% in 2023 from 10% in 2018.
Market Size and Growth Interpretation
Pet Food Market
- In 2023, China's pet food market was valued at 132 billion RMB, growing 20.1% YoY.
- Dry pet food sales in China reached 65 billion RMB in 2023, 49% of total pet food.
- Premium pet food segment grew 28% to 42 billion RMB in 2023.
- Cat food market in China hit 58 billion RMB in 2023, up 22% YoY.
- Online pet food sales accounted for 55% of total, 72.6 billion RMB in 2023.
- Imported pet food imports totaled 1.2 million tons valued at 25 billion RMB in 2023.
- Functional pet food (health-specific) grew 35% to 18 billion RMB in 2023.
- Dog treats and snacks market reached 22 billion RMB, 17% growth in 2023.
- Wet pet food sales surged 32% to 15 billion RMB in urban China 2023.
- Grain-free pet food demand rose 40%, market size 12 billion RMB in 2023.
- Private label pet food share increased to 18% of market in 2023.
- Raw/fresh pet food segment emerged at 5.2 billion RMB in 2023.
- Vitamin-supplemented pet food sales hit 8.7 billion RMB, up 25% in 2023.
- E-commerce platforms like Tmall sold 48 billion RMB in pet food in 2023.
- Organic pet food market grew 45% to 3.8 billion RMB in 2023.
- Puppy food segment valued at 14 billion RMB, 19% YoY growth 2023.
- Senior pet food for dogs/cats reached 9.5 billion RMB in 2023.
- Freeze-dried pet food imports grew 50% to 2.1 billion RMB value 2023.
- Plant-based pet food trials hit 1.8 billion RMB sales in 2023.
- Canned pet food market expanded to 11 billion RMB, 16% growth 2023.
- Hypoallergenic pet food demand up 30% to 6.3 billion RMB in 2023.
- Pet food R&D investment by Chinese firms was 4.2 billion RMB in 2023.
- Bulk pet food wholesale grew 12% to 28 billion RMB in 2023.
- Subscription pet food boxes generated 7.5 billion RMB revenue 2023.
- Low-calorie pet food for obese pets sold 4.1 billion RMB in 2023.
- Insect-protein pet food market debuted at 0.9 billion RMB in 2023.
- Dehydrated pet food sales reached 3.4 billion RMB, 24% up in 2023.
- Personalized pet food via AI grew to 2.2 billion RMB in 2023.
Pet Food Market Interpretation
Pet Ownership and Demographics
- In 2023, China's dog-related pet market was valued at 185 billion RMB, up 19% YoY.
- China's urban pet cat population reached 79.18 million in 2023, growing 15.6% YoY.
- Dog ownership in China hit 54.41 million pets in urban areas by end of 2023.
- 33.4% of urban Chinese families owned pets in 2023, up from 20% in 2020.
- Millennials (born 1980-1995) account for 62% of pet owners in China as of 2023.
- In 2023, 42% of pet owners in China were single, driving premium product demand.
- Female pet owners comprise 68% of the total in urban China in 2023.
- Tier-1 cities like Shanghai have 45% household pet ownership rate in 2023.
- Post-00s (Gen Z) pet ownership surged 28% to 15 million households in 2023.
- 78% of Chinese pet owners live in cities, totaling 120 million urban pet parents in 2023.
- Average age of pet owners in China is 32 years old in 2023 surveys.
- 25% of Chinese pet owners have multiple pets, averaging 1.8 pets per household in 2023.
- Cat ownership grew faster than dogs at 18.2% YoY to 25 million urban cats in 2023.
- In 2023, 55% of pet owners adopted their pets, up from 35% in 2019.
- High-income households (>20k RMB/month) own 48% of all pets in China 2023.
- Beijing's pet ownership rate is 38% among urban residents in 2023.
- 62% of pet owners are aged 25-40, the largest demographic in 2023.
- Exotic pet ownership (birds, fish) is 12% of total, 18 million in 2023.
- Pet ownership in Tier-2 cities reached 28% penetration in 2023.
- 71% of Chinese pet owners view pets as family members in 2023 surveys.
- Average pet ownership duration is 4.2 years in China as of 2023.
- Single-person households own 35% of pets in urban China 2023.
- Cat-to-dog ownership ratio shifted to 1:2.2 in 2023 from 1:3 in 2019.
- 14% growth in senior citizen pet ownership to 8 million in 2023.
- Guangdong province has the highest pet ownership at 12 million pets in 2023.
- 82% of pet owners are college-educated or higher in 2023 China.
- Pet ownership among white-collar workers is 51% in major cities 2023.
Pet Ownership and Demographics Interpretation
Pet Products and Supplies
- China's pet products market (toys, beds, etc.) was 102 billion RMB in 2023, up 18.3%.
- Pet apparel and accessories sales hit 25 billion RMB, growing 22% YoY in 2023.
- Pet grooming tools market reached 15 billion RMB in 2023.
- Interactive pet toys sales surged 28% to 12 billion RMB in 2023.
- Pet beds and furniture segment valued at 18 billion RMB, 20% growth 2023.
- Pet carriers and travel gear hit 8.5 billion RMB sales in 2023.
- Smart pet feeders and devices market grew 45% to 6.2 billion RMB 2023.
- Pet waste management products (bags, litter) 14 billion RMB in 2023.
- Luxury pet jewelry and collars reached 4.8 billion RMB, up 30% 2023.
- Cat litter market exploded to 22 billion RMB, 25% YoY growth 2023.
- Pet health supplements (non-food) sold 11 billion RMB in 2023.
- DIY pet toy kits generated 3.1 billion RMB revenue in 2023.
- Pet strollers market hit 2.9 billion RMB, popular in cities 2023.
- Eco-friendly pet products share reached 15%, 15 billion RMB in 2023.
- Pet cameras and monitors sales up 38% to 4.5 billion RMB 2023.
- Orthopedic pet beds for seniors 5.2 billion RMB in 2023.
- Pet clothing seasonal sales peaked at 9 billion RMB in winter 2023.
- GPS trackers for pets reached 3.7 billion RMB market 2023.
- Natural chew toys (antlers, etc.) 2.4 billion RMB sales 2023.
- Pet aquariums and fish supplies 7.8 billion RMB in 2023.
- Automated litter boxes grew 55% to 1.8 billion RMB 2023.
- Pet ramps and stairs for mobility 2.1 billion RMB in 2023.
- Custom pet portraits and prints 1.2 billion RMB niche 2023.
- Anti-anxiety pet wraps sold 1.5 billion RMB in 2023.
- Pet dental care kits market 4.3 billion RMB growth 2023.
- Heated pet mats for winter 3.6 billion RMB sales 2023.
- Bird cages and accessories 5.1 billion RMB in 2023.
- Pet cooling vests for summer hit 2.8 billion RMB 2023.
Pet Products and Supplies Interpretation
Pet Services and Healthcare
- In 2023, China's pet grooming services market reached 28 billion RMB, up 25% YoY.
- Pet hospitals and clinics numbered over 12,000 in China by 2023, revenue 35 billion RMB.
- Pet boarding and daycare services generated 15 billion RMB in 2023.
- Pet vaccination rates reached 65% in urban areas, costing 8 billion RMB annually 2023.
- Pet training services market grew 30% to 6.5 billion RMB in 2023.
- Mobile pet grooming vans operated in 150 cities, revenue 4.2 billion RMB 2023.
- Pet insurance penetration hit 5%, covering 4 million pets worth 3.2 billion RMB premiums 2023.
- Veterinary drug sales reached 22 billion RMB, up 18% in 2023.
- Pet spa and massage services niche grew to 2.8 billion RMB 2023.
- Emergency pet care visits totaled 2.5 million, revenue 7 billion RMB in 2023.
- Pet physiotherapy clinics expanded to 1,200 locations, 3.1 billion RMB 2023.
- Online pet consultation platforms had 10 million users, 1.9 billion RMB revenue 2023.
- Pet dental surgery procedures up 40% to 4.5 billion RMB cost 2023.
- Pet hotel occupancy averaged 75% in peak seasons, 9 billion RMB total 2023.
- Acupuncture for pets gained traction, 1.2 billion RMB services 2023.
- Pet nutritionist consultations reached 500,000 sessions, 0.8 billion RMB 2023.
- Sterilization surgeries performed on 3 million pets, 6 billion RMB in 2023.
- Pet behavior therapy services 2.1 billion RMB revenue growth 2023.
- 24/7 pet ER centers numbered 800, handling 1 million cases 2023.
- Pet DNA testing kits used by 200,000 owners, 0.6 billion RMB 2023.
- Hydrotherapy pools for pets in 300 facilities, 1.4 billion RMB 2023.
- Pet end-of-life services (euthanasia, cremation) 1.1 billion RMB 2023.
- Telemedicine for pets covered 15% of consults, 2.3 billion RMB 2023.
- Pet ophthalmology specialists treated 800,000 cases, 3.8 billion RMB 2023.
- Grooming salon chains like Petkit had 2,000 outlets, 12 billion RMB 2023.
- Pet allergy testing grew 35% to 0.9 billion RMB services 2023.
- Canine hip dysplasia surgeries 150,000 procedures, 2.7 billion RMB 2023.
- Pet mental health services emerging at 0.7 billion RMB in 2023.
- Vet tech workforce reached 150,000 professionals in 2023.
- Pet radiology and imaging services 4.9 billion RMB revenue 2023.
Pet Services and Healthcare Interpretation
Trends and Future Projections
- China's pet industry is projected to reach 811 billion RMB by 2028, CAGR 22% from 2023.
- By 2025, pet humanization trend will drive 40% of market to premium products.
- Online pet sales expected to hit 60% market share by 2027.
- Pet tech (IoT devices) to grow at 35% CAGR to 50 billion RMB by 2028.
- Cat population projected to surpass dogs by 2027 at 120 million urban cats.
- Pet food market to double to 300 billion RMB by 2030.
- Lower-tier city pet ownership to reach 35% by 2028.
- Sustainable pet products to capture 25% market by 2027.
- Pet insurance penetration forecasted at 15% by 2028, 20 billion RMB premiums.
- Vet services to grow 25% CAGR to 100 billion RMB by 2028.
- Gen Alpha (post-2010) to boost pet market 30% by 2035.
- Plant-based pet food to hit 10% share by 2027.
- Pet tourism services projected at 18 billion RMB by 2028.
- AI-driven pet health monitoring to 15 billion RMB market by 2027.
- Exotic pet ownership to triple to 50 million by 2030.
- Direct-to-consumer pet brands to dominate 40% by 2028.
- Pet senior care segment to grow 28% CAGR to 40 billion RMB 2028.
- Cross-border e-com pet imports to 50 billion RMB by 2027.
- Pet-friendly real estate to rise 20% in new builds by 2028.
- Personalized nutrition via genetics 5 billion RMB by 2028.
- Robot pet companions market to emerge at 8 billion RMB by 2030.
- Zero-waste pet products to 12% market share by 2027.
- Pet mental wellness apps 2 billion users by 2028 projections.
- Subscription boxes to 25 billion RMB GMV by 2028.
- Overseas pet travel to grow 40% annually to 10 billion RMB 2028.
- Blockchain-traced pet food supply 15% adoption by 2027.
- Elderly pet ownership to 25% of market by 2030.
- VR pet training simulations 1 billion RMB niche by 2028.
- Lab-grown pet meat alternatives pilot 0.5 billion RMB by 2030.
- Pet influencer marketing to 5 billion RMB spend by 2027.
- Community pet parks to number 10,000 by 2028.
Trends and Future Projections Interpretation
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