The global pet care E-commerce market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Pet care E-commerce is nothing but the supply and sales of pet food and pet care products through online sales channel. There are various third party companies engaged in pet care E-commerce also, some key players have their own online platform for product distribution and sales.
Rising pet adoption in many countries across the globe is a major factor expected to drive the growth of global pet care E-commerce market. Growing dogs and cat adoption among pet owners is another factor supporting market growth. On average over 56% of the world’s population own a pet. Dogs and cats account for highest share in terms of pet ownership.
In addition, rising preference for birds and small mammals as a companion pets is on the rise which is a key factor driving the growth of the target market. Small animals like rabbits and hamsters are gaining preference as a first pet owing to size, lower care cost, and short lifespan.
Moreover, growing penetration of E-commerce, rising smartphone users, and increasing internet penetration are some other factors supporting growth of the global market. Additionally, rising key players focus on market expansion through online platforms is among the other factor expected to result in growth of the target market in the near future.
Growing number of bird cafes is a key trend witnessed in the global market. Increasing popularity of dog and cat cafes worldwide, people across the globe especially in the USA and Europe region are now investing in development of bird or parrot cafes. These bird cafes are also homes for various surrendered birds who have been abandoned or have lost their owners, thus they are been adopted as a pet by the owners of the cafe.
For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe pet care E-commerce market is expected to hold significant revenue share in the global market owing to rising strategic mergers & acquisition activity among key players in the region. The North America region is expected to hold second position in the target market followed by Asia Pacific region. This is owing to growing pet bird and small mammal’s population in countries in the regions.
Scope of the Report:
Report Feature Details
Base Year: 2018
Projection Period: 2019-2029
Market Details: Total revenue and forecast, CAGR, Market value, share, and Y-o-Y growth by segment and region
Segment Covered: Animal Type and Product Type
Region Covered: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Coverage: Market growth driving factors, challenges & pitfalls, opportunities, trends, key players analysis, and region analysis
Global Pet Care E-commerce Market, By Animal Type:
? Small Mammals
Global Pet Care E-commerce Market, By Product Type:
? Pet Grooming Products
? Pet Food
? Other Products
Key Players Covered:
Key players operating in the market includes, BarkBox (Bark & Co.), SmartPak Equine LLC, PetFlow, Amazon.com, Inc., Dover Saddlery, Inc., PetSmart Inc., Groomers Delight, Petco Animal Supplies Inc., TABcom LLC, and Walmart Inc.
Key features of the study:
Foresight Market Research provides detailed analysis on global market in our report- Global Pet Care E-commerce Market by animal type, product type, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global pet care E-commerce market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.
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