Growth Opportunities and Trends in the Pet Travel Services Market: Key Insights for 2025-2034
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How has the pet travel services market size evolved in recent years?
In recent times, the pet travel services market has seen a significant increase in size. The market is projected to expand from $2.04 billion in 2024 to reach $2.25 billion in 2025, experiencing a compound annual growth rate (CAGR) of 10.3%. This growth during the historical period can be linked to factors such as increased pet ownership, rising urbanization and transforming lifestyles, amendments in regulations, heightened awareness related to pet safety, and wider access to pet-friendly accommodations.
What are the predictions for the pet travel services market size in the coming years?
The market for pet travel services is projected to experience swift expansion in the coming years, reaching a value of $3.32 billion in 2029 with a compound annual growth rate (CAGR) of 10.1%. The anticipated growth during this prediction period can be tied back to several factors, including the rise of globalization and international journeys, shifts in the regulatory environment, an increasing emphasis on sustainable and environmentally-friendly methods, the demand for premium and specialized services, and the development of pet tourism. Key trends to watch in the forecast period comprise of the integration of technology, concern for health and safety, specialized lodging, tailored experiences, and promotion of environmental sustainability.
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What key factors are fueling the growth of the pet travel services market?
The bolstering pet travel services sector owes its expansion to escalating pet adoptions. Pet adoption, often made possible through rescue groups as an alternative to purchases from breeders or pet stores, implies utilizing pet travel services for a professional and less time intensive pet transit. For instance, the People’s Dispensary for Sick Animals, a UK-based non-profit entity, reported in April 2023 that the proportion of ‘new’ pet owners has surged to 38% in 2023, a notable increase from 34% in 2021 and 36% in 2022. This upward trend is mostly attributed to the augmented percentage of novice dog owners in 2023, registering at 41%, in contrast to 34% in 2021. As such, the amplifying rate of animal adoption is stimulating the progression of the pet travel services sector.
How is the global pet travel services market divided into key segments?
The pet travel services market covered in this report is segmented –
1) By Travel Type: Domestic, International
2) By Pet Type: Dogs, Cats, Other Pet Types
3) By Booking Type: Online Booking, Offline Booking
4) By Application Type: Transportation, Relocation
Subsegments:
1) By Domestic: Pet-Friendly Transportation Services, Pet Boarding Facilities, Pet Sitting Services During Travel, In-Home Pet Care Services, Pet-Friendly Accommodation Booking
2) By International: International Pet Relocation Services, Customs Clearance Assistance For Pets, Pet Travel Insurance, International Boarding And Care Facilities, Health Certificate And Vaccination Services
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Who are the key firms paving the way for growth in the pet travel services market?
Major companies operating in the pet travel services market include PetRelocation, Air Animal Pet Movers, Happy Tails Travel Inc., Blue Collar Pet Transport, Across the Pond Pets Travel, PETport, Starwood Pet Travel, JetPetGlobal, Airpets International, CitizenShipper, Tails-A-Wagon Pet and Vehicle Transport, AirPets Relocation Services Pvt. Ltd., Pet Travel Services Guam, Pawsome Pet Travel Ltd., World Care Pet Transport LLC, PetSafe Inc., Pet Express Animal Transport, Pet Air Carrier LLC, Pet Van Lines, Pet Travel Transport, Aeropets, Airvets Pet Relocation, American Airlines Pet Cargo, Animal Airways, Animal Land Pet Movers, Crown Relocations, Delta Airlines Pet Shipping, Dog Gone Taxi, Dogtainers, Fetch Pet Care
Which trends are expected to transform the pet travel services market?
The emergence of product advancements is a notable trend that’s gaining traction in the animal health industry. Key players in the market are focusing their efforts on launching innovative and state-of-the-art products and services to solidify their market position. For example, in March of 2023, Let’s Go Outside was launched by the Canada-based pet food and supplies organization, Pet Value. This unique digital travel companion for pet owners features a pet-friendly chew-proof sleeve in its limited-edition hard copy, offering a range of stories, expert advice, and recommendations for pet-centric hotels, campsites, hikes, parks, and restaurants. All these were meticulously selected by the company’s animal care professionals.
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What regions are contributing significantly to the growth of the pet travel services market?
North America was the largest region in the pet travel services market in 2024. The regions covered in the pet travel services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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