The Latest Pet Carriers Industry Statistics Explained
The pet carriers market is projected to grow at a 8.5% rate from 2021 to 2027.
This statistic indicates that the pet carriers market is expected to experience a steady growth rate of 8.5% annually from the year 2021 to 2027. This projection suggests that there is a strong demand for pet carriers, likely driven by factors such as increasing pet ownership, a greater focus on pet safety and comfort during travel, and lifestyle changes that prioritize pet companionship. The consistent growth rate implies that the market for pet carriers is expanding steadily, presenting opportunities for businesses operating in this industry to capitalize on the growing demand and potentially increase their market share over the forecasted period.
The global pet carrier market was valued at USD 1.88 billion in 2020.
The statistic states that the global pet carrier market had a total value of USD 1.88 billion in the year 2020. This figure represents the total revenue generated from the sales of pet carriers worldwide during that specific year. The value provides insight into the size and economic significance of the market for pet carriers, which are products designed to transport pets safely and comfortably. This statistic serves as an indicator of the demand for pet carriers among pet owners and the overall growth and potential of the pet care industry.
North America holds the largest market share for pet carriers at over 35% in 2020.
This statistic indicates that North America dominated the market for pet carriers in 2020, holding a substantial share of over 35%. This demonstrates the strong demand and popularity of pet carriers within the region compared to other geographic areas. Factors such as pet ownership rates, travel tendencies, and the emphasis on pet care and convenience likely contributed to this significant market share. Businesses operating in the pet carrier industry may find the North American market particularly lucrative and should consider tailoring their marketing strategies to cater to the preferences and needs of pet owners in this region to capitalize on the market opportunity.
The pet carrier market was dominated by the dog segment, with over 45% revenue share in 2020.
The statistic indicates that within the pet carrier market, the segment focused on carriers intended for dogs accounted for a significant portion of the market’s revenue in the year 2020. Specifically, the dog segment held a dominant position with over 45% of the total revenue share. This suggests that pet carriers designed for dogs were the most popular and profitable category within the market during that year. The high revenue share of the dog segment highlights the strong demand for products catering to canine companions and underscores the importance of this specific niche within the broader pet carrier industry.
Online sales of pet carrier products saw significant growth in 2020, with an increase of 17%.
The statistic indicates that there was a substantial increase in online sales of pet carrier products in the year 2020, with a growth rate of 17%. This growth suggests a strong demand for pet carriers among consumers during that time period. The increase in online sales could be attributed to various factors such as the shift towards online shopping due to the COVID-19 pandemic, an increase in pet ownership leading to higher demand for pet-related products, and possibly a wider range of pet carrier products being made available online. This statistic highlights a positive trend in the pet carrier industry and underscores the importance of meeting the needs of pet owners in the online marketplace.
Airline approved pet carriers accounted for over 30% of the market share in 2020.
The statistic indicates that airline approved pet carriers, which are carriers specifically designed to comply with airline regulations for transporting pets, captured a significant portion of the market in 2020. Specifically, over 30% of the market share in the pet carrier industry was attributed to these airline approved carriers during that year. This suggests that pet owners are increasingly choosing carriers that meet airline safety and size requirements, likely due to the rising trend of pet travel and the necessity of adhering to airline guidelines. The statistic implies that there is a growing demand for pet carriers that are suitable for air travel, indicating a shift in consumer preferences towards practicality and convenience in transporting pets.
Plastic material pet carriers have dominated the market, holding more than 50% of the market share in 2020.
This statistic indicates that plastic material pet carriers were the most popular choice among consumers in 2020, capturing over half of the market share in the pet carrier industry. This domination suggests a strong preference for plastic carriers over other materials such as fabric or metal, possibly due to factors such as affordability, durability, or ease of cleaning. The high market share held by plastic carriers emphasizes their widespread acceptance and popularity among pet owners, highlighting the significance of this material type in meeting the needs and preferences of the market.
According to a survey, over 67% of U.S. households, or about 85 million families, own a pet.
This statistic presents findings from a survey indicating that a majority of U.S. households, specifically over 67%, which translates to around 85 million families, are reported to have at least one pet. This suggests that pet ownership is a prevalent and widespread practice across the country. The statistic provides insight into the importance and popularity of pets in American households, highlighting their significant presence as members of families. Such information can be useful for pet-related industries, policymakers, and researchers to understand the extent of pet ownership in the U.S. and its implications on various facets of society.
Eurpoean market for pet carriers is expected to grow at a CAGR of 10.75% by 2027.
This statistic indicates that the European market for pet carriers is projected to experience significant growth over the forecast period ending in 2027. The Compound Annual Growth Rate (CAGR) of 10.75% suggests that the market is expected to expand steadily at an average annual rate of 10.75% during this period. This growth rate reflects a positive outlook for the industry, indicating increasing consumer demand for pet carriers in the European market. Factors such as rising pet ownership, pet travel, and a growing awareness of pet welfare are likely to drive this growth in the market for pet carriers in Europe.
Soft-side pet carriers accounted for 25% of the pet carrier market in 2020.
This statistic indicates that soft-side pet carriers made up a significant portion, specifically 25%, of the pet carrier market in the year 2020. This suggests that a quarter of all pet carriers sold during that period were of the soft-side variety. It implies that soft-side pet carriers were popular among pet owners or consumers compared to other types of pet carriers such as hard-sided carriers. This information is valuable for pet carrier manufacturers and retailers as it gives insight into consumer preferences and market trends, allowing them to tailor their product offerings and marketing strategies accordingly.
Majority of pet carriers are purchased by pet owners in the age range 30-44 accounting for 38% in 2020.
This statistic indicates that a high proportion of pet carriers were bought by pet owners aged between 30 and 44 years old, with this age group accounting for 38% of the total purchases in 2020. The data suggests that individuals in this age range are significant consumers of pet carriers, likely due to this demographic group being at a stage in their lives where they may have a higher level of disposable income, a greater focus on pet ownership, or possibly have pets that necessitate the use of carriers for transportation or other purposes. This information can be useful for businesses in the pet industry to target their marketing and product development efforts towards this particular age group in order to capitalize on this consumer trend.
Innovations in pet carrier designs account for a 12% increase in sales in 2020.
The statistic stating that innovations in pet carrier designs account for a 12% increase in sales in 2020 suggests that the introduction of new and improved pet carrier designs has led to a significant boost in the purchase of pet carriers. This increase in sales is directly attributed to the innovative features and advancements in the design of the carriers, emphasizing the importance of product development and consumer preferences in driving sales growth. The statistic implies that consumers are responding positively to the changes in product offerings, indicating a potential market demand for more innovative pet carrier options.
Approximately 30% pet owners consider carrier’s safety features while making a purchase.
This statistic indicates that around 30% of pet owners prioritize the safety features of carriers when deciding which one to purchase for their pets. This suggests that a significant portion of pet owners understand and value the importance of ensuring their pets’ safety during transportation. Considering the variety of carrier options available on the market, pet owners who consider safety features are likely to focus on aspects such as secure closures, durable construction, ventilation, and ease of carrying. By factoring in safety features in their decision-making process, these pet owners demonstrate a conscientious attitude towards the well-being of their pets during travel, reflecting a responsible approach to pet care.
The Asian pet carrier market is expected to grow at 9.8% CAGR over the next five years.
This statistic indicates that the Asian pet carrier market is projected to experience a Compound Annual Growth Rate (CAGR) of 9.8% over the next five years. This means that on average, the market size for pet carriers in Asia is anticipated to increase by 9.8% annually for the next five years. A CAGR of 9.8% suggests a robust and steady growth trend in the market, signaling a growing demand for pet carriers in the region. This projection could be driven by factors such as increasing pet ownership rates, growing pet humanization trends, and a rising awareness of the importance of pet travel safety and comfort among pet owners in Asia.
In 2019, cat owners spent an average of $90 on carriers.
The statistic “In 2019, cat owners spent an average of $90 on carriers” indicates that, on average, individuals who own cats spent $90 purchasing carriers for their pets in the year 2019. This average cost provides insight into the financial investment cat owners make to transport their pets safely and comfortably. The information suggests that carriers are considered an essential item by many cat owners, potentially highlighting the importance placed on pet transportation and ensuring the well-being of their feline companions. The statistic can also be useful for businesses and pet industry stakeholders to understand consumer spending trends and preferences related to pet care products.
Luxury pet carriers category is projected to grow by 25% by 2025.
The statistic “Luxury pet carriers category is projected to grow by 25% by 2025” indicates that the market for high-end pet carriers is expected to experience significant growth over the next few years, with a projected increase of 25% by the year 2025. This suggests a growing demand for upscale and stylish pet carriers, potentially driven by an increase in pet ownership, a focus on pets as valuable companions, and a trend towards incorporating pets into various aspects of lifestyle and travel. The projected growth rate also reflects consumer preferences for luxury and premium pet products, as well as the potential for businesses to capitalize on this growing market segment through innovative designs, premium materials, and customized features to cater to pet owners seeking high-quality and fashionable carrier options for their beloved pets.
Pet carriers for small dogs accounted for 22% of the pet carrier market in 2020.
This statistic indicates that in 2020, pet carriers designed specifically for small dogs made up 22% of the total pet carrier market. This means that nearly a quarter of all pet carriers sold were intended for small dog breeds, highlighting the popularity of these products among pet owners. The percentage value provides insight into the market share and the demand for this particular type of pet carrier compared to others available in the market. This information can be valuable for businesses in the pet industry to understand consumer preferences and market trends when developing products and marketing strategies.
The projected annual growth rate of pet carrier market in Middle East and Africa is 7.3% from 2020 to 2027.
The projected annual growth rate of 7.3% for the pet carrier market in the Middle East and Africa from 2020 to 2027 indicates the expected average rate at which the market size is anticipated to increase over this time period. This statistic suggests that the demand for pet carriers in this region is likely to experience steady and consistent growth, driven by factors such as increasing pet ownership, rising disposable incomes, evolving pet care trends, and perhaps even changing travel patterns. By understanding and utilizing this growth rate projection, businesses operating in the pet carrier market can better plan and strategize for the future to capitalize on the projected expansion and potentially enhance their market share and profitability.
Pet carriers designed for travel purposes accounts for 40% of the market share.
This statistic suggests that pet carriers specifically designed for travel purposes, such as airline-approved carriers or car travel carriers, hold a significant portion of the overall market share at 40%. This indicates that a substantial number of pet owners prioritize the need for specialized carriers when traveling with their pets, likely considering factors such as safety, comfort, and convenience. The popularity of these travel-focused pet carriers may reflect the increasing trend of pet owners including their furry companions in various travel activities and the growing demand for products that cater to their specific needs during transportation.
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