Global Pet Travel Services Market Size study & Forecast, by Pet Type(Dog, Cats and others) by Travel Type(Domestic, International), by Application Type(Transportation, Relocation, ), by Booking Type( Online & phone bookings, Offline bookings) and Regional Analysis, 2022-2029
Global Pet Travel Services Market is valued approximately USD 1.64 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.63% over the forecast period 2022-2029. The rapid rise in pet adoption among millennials and young Generation is a significant factor that is anticipated to raise demand for pet training services internationally, which will further enhance demand for the pet travel services industry. Additionally, increased humanization trends, pet adoption rates, and the amount of visitors taking their pets with them on vacation are all factors contributing to the market's expansion.
People all throughout the world are adopting more pets as companions, including dogs, cats, rabbits, and birds. There are several advantages to owning a companion animal, including a decrease in stress, an increase in confidence, the maintenance of heart health, and the management of blood pressure and cholesterol levels. These advantages have all been scientifically verified, which encourages people to keep pets. According to a 2021 survey by the American Pet Products Association, there are 69 million dog-owning households in the United States. The industry has grown as a result of an increase in the number of people adopting dogs since they offer companionship and emotional support. Adopting pets has therefore recently gained popularity among families, especially nuclear families. Approximately 90.5 million households in the United States, or 70%, have pets, according to the APPA Survey 2021–2022. Furthermore, growing pet-friendly traveling services & hotels is creating a lucrative growth to the market. However, the high cost of Pet Travel Services stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Pet Travel Services Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of market revenue, North America dominated due to increased pet ownership and rising concern for animal welfare. While Asia Pacific is predicted to see the highest CAGR during the projected period due to factors including rising interest in adopting companion animals and expanding disposable income, the region's pet care expenditure is expected to increase there. Additionally, the growing increase of tourism in nations like China, India, South Korea, and Japan is anticipated to fuel market expansion. Additionally, the market opportunity is expanding as pet taxi services become more prevalent in developing nations.
Major market player included in this report are:
Airpets International
Air Animal, Inc.
Happy Tails Travel, Inc.
Royal Paws
Blue Collar Pet Transport
Citizen Shipper
Starwood Pet Travel
World care Pet Transport Inc.
PetRelocation, Inc
Worldwide Animal Travel Ltd
Recent Developments in the Market:
In February 2022, The self-service pet travel booking platform Avvinue announced the beta testing of The company's platform, which is available for testing by the general public, assists travellers in finding and booking flights on more than 500 pet-friendly airlines that allow passengers to travel with their pets in the cabin, in cargo, or on private shared charter planes.
In April 2022, Uber announced its plans for a launch of new service in which it would allow customers to book journeys with their pets.
Global Pet Travel Services Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Pet Type, Travel Type, Application Type, Booking Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Pet Typeofferings of key players. The detailed segments and sub-segment of the market are explained below:
By Pet Type:
Dog
Cats
Others
By Travel Type:
Domestic
International
By Application:
Transportation
Relocation
By Booking Type:
Online & phone bookings
Offline bookings
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Airpets International
Air Animal, Inc.
Happy Tails Travel, Inc.
Royal Paws
Blue Collar Pet Transport
Citizen Shipper
Starwood Pet Travel
World care Pet Transport Inc.
PetRelocation, Inc
Worldwide Animal Travel Ltd
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