Pet Carriers Market Size

Pet Carriers Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The Pet Carriers Market is expected to reach USD 891.4 million by 2024, and is projected to reach USD 1,298.9 million by 2032, at a CAGR of 4.3%. The increasing pet ownership and the growing trend of pet travel are expected to drive the pet carriers market. The rising awareness among consumers about the importance of pet safety and the need for a comfortable mode of transport is a major factor driving the market. Also, the advancements in material and design that enhance the functionality and aesthetics of pet carriers is driving the growth of the market. The lightweight and durable material and the ergonomic design are the most sought-after features by pet owners. The rise in e-commerce has increased the availability of pet carriers, allowing consumers to access a wider range of products. The major players in the pet carriers market, such as Petmate, Sleepypod, and Sherpa, are engaged in strategic collaborations and product launches to capture a larger market share and to meet the changing preferences of consumers. These developments indicate the high growth potential of the pet carriers market in the coming years.

Regional Market Size

Regional Deep Dive

The pet carriers market is experiencing significant growth across different regions, driven by increasing pet ownership, the rise in travel with pets, and the growing focus on pet safety and comfort. North America is characterised by a high demand for durable and safe carriers, while Europe is dominated by a preference for carriers made of sustainable materials. In Asia-Pacific, rapid urbanization is leading to a strong demand for lightweight and portable carriers. Middle East and Africa is seeing a gradual increase in pet adoption, which is affecting the market dynamics. Latin America is experiencing a growing demand for premium pet products, including carriers. Each region offers opportunities and challenges that are shaped by cultural attitudes to pets, government regulations and economic conditions.

North America

• The emergence of e-commerce platforms like Chewy and Amazon has increased the availability of pet carriers, which in turn has increased sales and product varieties.
• Petmate and Sleepypod have been innovating with their collapsible and multi-functional pet carriers, which are popular with pet owners who are looking for a more convenient product.
• Changes in the regulations for the transport of animals, such as the revision of the regulations on pet carriers, are influencing consumers' purchasing decisions and promoting the use of compliant products.

Europe

• The European market is increasingly oriented towards the sustainable and eco-friendly pet carrier. Trixie and PetFusion are among the most important producers of pet carriers that use recycled materials.
• A recent trend is the growing preference for fashionable and designer pet carriers. This reflects the cultural significance of pets as family members in many European countries.
• A recent decision of the European Union to regulate the protection of animals has forced manufacturers to make their pet carriers more comfortable and safer.

Asia-Pacific

• A large number of pet owners in China and India, as well as in India, are rushing to buy portable pet carriers because of the fast urbanization of China and India.
• The increase in the number of hotels and other accommodations which are now offering their services to pets is giving rise to the development of specialized carriers, and companies like Paws and Pals are profiting from the trend.
• There is a general tendency to regard pets as members of the family, and the result has been an increased expenditure on pet supplies.

MEA

• In the Middle East and Africa, the number of pet owners is steadily increasing, particularly in the United Arab Emirates and South Africa, where the pet carrier market is flourishing.
• The local companies, such as PetZone in the UAE, are beginning to emerge and are focusing on supplying the region with inexpensive and practical pet carriers.
• Culture and the resulting trend towards the family pet has prompted the emergence of pet carriers.

Latin America

• Petco, which has been expanding its offerings in Latin America, is also taking advantage of this trend, and is expanding its pet accessories in the region.
• The economy is growing in Brazil and Mexico, where pet owners can afford to buy better pet carriers.
• Local regulations are becoming more and more precise. The manufacturers are obliged to comply with safety standards.

Did You Know?

“In the United States, 67% of households own a pet. This represents about 85 million families, which creates a great deal of demand for pet carriers.” — American Pet Products Association (APPA)

Segmental Market Size

The Pet Carriers market is currently undergoing a period of steady growth, fueled by an increase in pet ownership and the growing demand for safe and comfortable means of transport for pets. This is primarily driven by a growing awareness of the needs of pets and the need to comply with travel regulations, particularly those relating to air travel. In addition, the trend towards humanization of pets is encouraging consumers to invest in high-quality carriers that ensure the safety and comfort of their animals during transport.

Among the more important brands in the field of pet products, the two leading ones are Petmate and Sherpa. The primary application of pet carriers is for air travel, road trips, and vet visits, where they are an indispensable means of transport. The emergence of the COVID-19 flu epidemic has heightened the emphasis on the safety of transporting pets, while the green trend is pushing manufacturers to adopt more sustainable materials. Lightweight composite materials and ergonomic designs are enhancing the comfort and safety of pet carriers.

Future Outlook

Pet Carriers Market is projected to show a CAGR of 4.3% from 2024 to 2032. The growth of the market is mainly driven by the rise in pet ownership among millennials and generation Z consumers, who regard their pets as family members. The pet travel market is growing and is projected to reach 30% of the pet owners by 2032, from about 20% in 2024. The growing awareness of the safety and comfort of the pet during the travel is also expected to drive the pet carrier market.

And the development of the smart pet carrier, which can track the pet through the GPS system, control the temperature, and enhance the safety of the pet, is expected to promote the development of the pet carrier market. The increasing emphasis on sustainable development is expected to drive the demand for pet carriers made of eco-friendly materials. The pet carrier industry is also expected to be influenced by government policies, such as stricter regulations on pet travel and safety standards. The rise of e-commerce platforms for pet products has increased the availability and variety of pet carriers, and will also stimulate the growth of the pet carrier market. However, as the industry develops, the pet carrier industry must also keep up with the times, and be able to seize the opportunities in the industry, so as to make a profit.