The pet transporting service market size is estimated to be valued at USD 525 million in 2023 and is expected to reach USD 820 million by 2033. The adoption of pet transporting service likely to advance at a CAGR of 4.5% during the forecast period.
A significant driver is the increasing globalization and international mobility of pet owners. As individuals and families relocate across borders, the demand for reliable and safe pet transportation services is on the rise. This driver presents a vast opportunity for service providers to expand their reach and cater to the growing demand for seamless cross-border pet travel.
A prominent driver is the changing lifestyles and evolving preferences of pet owners. Many individuals view their pets as integral family members and seek specialized services to ensure their comfort and well-being during travel. This includes personalized care, enhanced safety measures, and amenities tailored to the unique needs of pets. Service providers that can meet these demands have a competitive advantage in the market.
Technological advancements are playing a pivotal role in driving the pet transporting service market. The integration of GPS tracking systems, real-time updates, and mobile applications allow pet owners to closely monitor their pets' journey and receive timely notifications. This technology not only provides convenience and peace of mind but also enhances transparency and communication between pet owners and service providers.
The increasing emphasis on sustainability and eco-consciousness is a recent driver in the industry. Pet owners are seeking environmentally friendly options, such as carriers with reduced carbon footprints or the use of eco-friendly materials in transportation vehicles. Service providers that embrace sustainable practices and offer eco-friendly solutions can attract environmentally conscious pet owners and differentiate themselves in the market.
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 525 million |
| Projected Market Size (2033) | USD 820 million |
| CAGR through (2023 to 2033) | 4.5% |
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Among the primary factors pushing sales in the animal transportation services market is the growing need for event logistics services. Supply chain solutions, high-value event logistics, and value-added services such as packaging, assortment, and transfers of pets and pet care goods are all examples of logistics services.
As transportation businesses adopt event logistics services that provide explanations to alleviate management issues related with outsourcing various duties, the market for pet transportation services is likely to grow.
The advent of block chain technology within the logistics industry is another factor supporting the expansion of the pet transportation services market during the forecast period. Furthermore, factors such as the growth of the e-commerce industry are contributing to the growth in the block chain technology market for the transportation and logistics industry.
Paws in the Air: Riding the Wave of High Demand for Pet Cargo in Domestic and International Travel
With the rise in the number of pet travelers, pet travel services have become an important element of the travel industry. People are also increasingly opting for pet insurance to eliminate the uncertainties that come with owning a pet. Pet insurance is a well-known idea in Western countries, although it is relatively new in developing and emerging economies. The demand for pet transportation that also provides additional services with transportation have increased as the population of pets has grown and the demand for pet care, pet grooming, and pet sitting has increased.
Animals with special needs, older pets and larger pets are more difficult to transport. If the pet does not have the required vaccinations or veterinary records, or if they are in the wrong size carrier, individuals may not be allowed to fly with the pet. Players operating in the pet transport services are offering services such as documentation and aid in veterinary services and records to offer a seamless traveling experience to individuals and their companion animals.
The United States is expected to account for a lion’s share in the North America pet transport service market over the forecast period. Pet owners utilize these services to migrate, travel long distances with their pets, and retrieve pets from afar.
Pet transportation can be prohibitively expensive, and it is typically perceived as a luxury. However, as people's expenditure on pets has increased, pet transportation has become a necessity for those travelling or transferring long distances.
The United Kingdom will emerge as a lucrative pocket in the Europe pet transportation service market owing to high influx of international tourists and visitors in the country. Consumers are seeking pet travel and accommodation services as they make frequent trips to different cities and don’t want to leave pets unattended at home.
In terms of booking type, the online segment will lead the market over the assessment period. People are not willing to stand in long queue for booking tickets. Moreover, online channels offer discounts and offers and allow consumers to add additional services at the time of purchasing transport services.
A majority of pet owners aim to travel with their pets and approximately 1-2million domestic pet’s board flights each year. Pet travel is an important part of the transportation industry.
With almost 33% of pet owners stating that they will not travel without their pets, making travelling with pets as simple as possible will benefit both travelers and organizations.
The competitive landscape of the pet transporting service market is marked by the presence of numerous players striving to capture market share. These companies offer a range of services including domestic and international pet transportation, customized travel solutions, and specialized care for different types of pets. Competition is driven by factors such as service quality, safety measures, reliability, and customer satisfaction.
Key players often invest in advanced logistics systems, GPS tracking technologies, and partnerships with veterinary clinics and airlines to gain a competitive edge. Branding, marketing efforts, and reputation management play a crucial role in establishing a strong market presence. The market's competitiveness promotes innovation and encourages service providers to enhance their offerings to meet the evolving needs of pet owners seeking safe, convenient, and comfortable pet transportation solutions.
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Strategies for Pet Transporting Service Manufacturers to Expand in the Market
Product Portfolio:
| Report Attribute | Details |
|---|---|
| Market Value in 2023 | USD 525 million |
| Market Value in 2033 | USD 820 million |
| Growth Rate | CAGR of 4.5% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD billion and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Application, Pet Type, Price, Travel Type, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East & Africa |
| Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Romania, Czech Republic, Poland, Russia, China, Japan, South Korea, India, Bangladesh, Australia, New Zealand, GCC, South Africa, Israel |
| Key Companies Profiled | Starwood Animal Transport; Happily Tails Travel Inc.; Pet Flight Inc.; Air pets International; Pet Carriers International; Animals Away; Animal Travel Services; Air Animal; Worldwide Animal Travel; Royal Pews; Blue Collar Pet Transport |
| Customization & Pricing | Available Upon Request |
The market is valued at USD 525 million in 2023.
The market is projected to reach a market valuation of USD 820 million by 2033 end.
Pet transport concierge services for personalized travel experiences.
The United States is projected to hold lucrative opportunities through 2033.
In terms of booking type, the online segment may lead the market.
| Estimated Market Size (2023) | USD 211.1 billion |
|---|---|
| Projected Market Size (2033) | USD 430 billion |
| CAGR from 2023 to 2033 | 7.4% |
| Market Value (2023) | USD 866.1 million |
|---|---|
| Market Anticipated Value (2033) | USD 1,294.4 million |
| Projected Growth Rate (2023 to 2033) | 4.1% |
| Estimated Market Size (2023) | USD 2 billion |
|---|---|
| Projected Market Size (2033) | USD 3.7 billion |
| CAGR (2023 to 2033) | 6.3% |
| Estimated Market Size 2022 | USD 2.8 Billion |
|---|---|
| Projected (2032) Market Size | USD 5.0 Billion |
| Value CAGR (2022 to 2032) | 4.7% |
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Pet Transporting Service Market
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