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 players 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:
By Travel Type:
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
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Pet Travel Services Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Pet Travel Services Market, by Pet Type, 2019-2029 (USD Billion)
- 1.2.3. Pet Travel Services Market, by Travel Type, 2019-2029 (USD Billion)
- 1.2.4. Pet Travel Services Market, by Application Type, 2019-2029 (USD Billion)
- 1.2.5. Pet Travel Services Market, by Booking Type, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Pet Travel Services Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Pet Travel Services Market Dynamics
- 3.1. Pet Travel Services Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing pet adoption rates & humanization trends
- 3.1.1.2. Rising number of tourists traveling along with their companion animals
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Pet Travel Services
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing pet-friendly traveling services & hotels
Chapter 4. Global Pet Travel Services Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Pet Travel Services Market, by Pet Type
- 6.1. Market Snapshot
- 6.2. Global Pet Travel Services Market by Pet Type, Performance - Potential Analysis
- 6.3. Global Pet Travel Services Market Estimates & Forecasts by Pet Type 2019-2029 (USD Billion)
- 6.4. Pet Travel Services Market, Sub Segment Analysis
- 6.4.1. Dog
- 6.4.2. Cats
- 6.4.3. Other
Chapter 7. Global Pet Travel Services Market, by Travel Type
- 7.1. Market Snapshot
- 7.2. Global Pet Travel Services Market by Travel Type, Performance - Potential Analysis
- 7.3. Global Pet Travel Services Market Estimates & Forecasts by Travel Type 2019-2029 (USD Billion)
- 7.4. Pet Travel Services Market, Sub Segment Analysis
- 7.4.1. Domestic
- 7.4.2. International
Chapter 8. Global Pet Travel Services Market, by Application Type
- 8.1. Market Snapshot
- 8.2. Global Pet Travel Services Market by Application Type, Performance - Potential Analysis
- 8.3. Global Pet Travel Services Market Estimates & Forecasts by Application Type 2019-2029 (USD Billion)
- 8.4. Pet Travel Services Market, Sub Segment Analysis
- 8.4.1. Transportation
- 8.4.2. Relocation
Chapter 9. Global Pet Travel Services Market, by Booking Type
- 9.1. Market Snapshot
- 9.2. Global Pet Travel Services Market by Booking Type, Performance - Potential Analysis
- 9.3. Global Pet Travel Services Market Estimates & Forecasts by Booking Type 2019-2029 (USD Billion)
- 9.4. Pet Travel Services Market, Sub Segment Analysis
- 9.4.1. Online & phone bookings
- 9.4.2. Offline bookings
Chapter 10. Global Pet Travel Services Market, Regional Analysis
- 10.1. Pet Travel Services Market, Regional Market Snapshot
- 10.2. North America Pet Travel Services Market
- 10.2.1. U.S. Pet Travel Services Market
- 10.2.1.1. Pet Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Travel Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Application Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. Booking Type breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Pet Travel Services Market
- 10.3. Europe Pet Travel Services Market Snapshot
- 10.3.1. U.K. Pet Travel Services Market
- 10.3.2. Germany Pet Travel Services Market
- 10.3.3. France Pet Travel Services Market
- 10.3.4. Spain Pet Travel Services Market
- 10.3.5. Italy Pet Travel Services Market
- 10.3.6. Rest of Europe Pet Travel Services Market
- 10.4. Asia-Pacific Pet Travel Services Market Snapshot
- 10.4.1. China Pet Travel Services Market
- 10.4.2. India Pet Travel Services Market
- 10.4.3. Japan Pet Travel Services Market
- 10.4.4. Australia Pet Travel Services Market
- 10.4.5. South Korea Pet Travel Services Market
- 10.4.6. Rest of Asia Pacific Pet Travel Services Market
- 10.5. Latin America Pet Travel Services Market Snapshot
- 10.5.1. Brazil Pet Travel Services Market
- 10.5.2. Mexico Pet Travel Services Market
- 10.5.3. Rest of Latin America Pet Travel Services Market
- 10.6. Rest of The World Pet Travel Services Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Airpets International
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Air Animal, Inc.
- 11.2.3. Happy Tails Travel, Inc.
- 11.2.4. Royal Paws
- 11.2.5. Blue Collar Pet Transport
- 11.2.6. Citizen Shipper
- 11.2.7. Starwood Pet Travel
- 11.2.8. World care Pet Transport Inc.
- 11.2.9. PetRelocation, Inc
- 11.2.10. Worldwide Animal Travel Ltd
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption