Pet Carriers Market Size was valued at USD 810.56 Billion in 2021. The Pet Carriers market industry is projected to grow from USD 852.38 Billion in 2022 to USD 1,201.36 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.38% during the forecast period (2022 - 2030). Pet Carriers are portable boxes, cages, or crates used to transport pet animals such as cats, dogs, and guinea pigs. Pet carriers help in making it convenient for owners to carry their pets when traveling. The pet humanization trend—with an increasing number of individuals treating their pets as part of their family—has a positive impact on market growth. Moreover, owing to increasing urbanization, people are forcefully facing problems with smaller spaces. Due to this, the maintenance costs of larger pets are higher than that of smaller ones. Small pets are more likely to be humanized and indulged than larger pets. Pet carriers are majorly used for small pets, which is expected to drive the demand for pet carriers in the market.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Carriers are the only pet transport that is allowed for in-cabin use. The other devices carrying pets must be stowed away in the cargo. Pet carriers are lighter in weight which makes them easier to carry while traveling. This is a huge benefit for pet owners as they will be able to comfort them directly during the trip. The pet humanization trend is increasing tremendously in the past few years. Owing to this, pet owners are carrying their pets almost everywhere they go. This is expected to increase the demand for pet carriers, as they help in making travel convenient for pet owners.
Additionally, The pet carriers market is expected to experience significant growth shortly. The demand for pet carriers has increased rapidly in the last few years owing to the improved technology and designs in the products. Furthermore, pet carriers are gaining immense popularity among the millennial population. The purchasing power of consumers is increasing along with growing pet adoption. Owing to this, owners tend to spend more on pet care. Pet owners are increasingly purchasing premium and customized pet carriers for the sense of luxury, thus encouraging manufacturers to innovate and thereby creating growth opportunities for the pet carriers market for the forecast period.
The Pet Carriers market segmentation, Based on product type, the pet carriers market has been divided into soft-side bags, hard kennels, backpacks, and sling carriers. The soft-side bag segment has accounted for the largest share of the pet carrier’s market. There has been significant development over the recent years in the soft-side bag segment and it is expected to grow tremendously over the forecast period. Soft-sided carriers are available in a variety of colors, styles as well as patterns according to one’s way of life and pet’s personality. They have a couple of points of interest over hard-sided kennels, particularly about travel and storage. Soft-sided bags are lightweight and not as unwieldy as hard kennels. Hard kennels are generally massive in size and occupy a lot of space in a room or a vehicle, mainly when not being used. Owing to this, the demand for soft-side bags is expected to experience growth for the forecast period.
Based on Pet Type, the Pet Carrier's market segmentation includes cats, dogs, and others. Dogs held the largest market share in the pet carriers market. The rising adoption of pet dogs worldwide is one of the factors influencing market growth for the dog segment. Furthermore, pet owners carry their pets almost everywhere with themselves, which creates a huge demand for pet carriers in the market. For instance, in France, French Cafes offer fine dining for puppies. This increasing trend helps in creating huge growth opportunities for the market for the forecast period.
Based on End-user, the Pet Carriers market segmentation includes Residential, Commercial, Office Hotels & Restaurants. The residential segment is expected to hold a major share of the market owing to the large consumption volume of coffee bags among households which results in the large domestic coffee machine consumption volume. According to the data presented by the United States Department of Agriculture (USDA), as of 2019-2020, the European Union's domestic coffee consumption volume reached 45.85 billion kg. bags.
Based on the Distribution channel, the Pet Carriers market segmentation includes store-based and non-store-based. The non-store based held a larger market share in the pet carriers market for the distribution channel segment. The platforms considered under the non-store-based segment are e-commerce portals or company-owned websites. The rapid development of the internet has attracted numerous companies to sell pet carriers online. Some companies independently produce pet carriers and sell them on their websites. Some of the portals become agents or dealers of physical factories manufacturing pet carriers.
Figure 2: Pet Carriers Market, by Distribution Channels, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest market share for pet carriers in the year 2020. The pet carriers market in North America is well-matured in terms of consumers and available products in the market. Pet humanization is playing a major role in driving the sales of the pet carriers market in North America. There is an increasing demand for pet carriers, majorly among US consumers, owing to the convenience of traveling provided by pet carriers. Manufacturers in the North American region have greater opportunity for launching high-quality products owing to increasing consumer interest in quality accessories products for pets in the US, which are the driving factors of the market in North America.
Figure 3: PET CARRIERS MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Asia-Pacific is a new revenue pocket for the pet carriers market. The market in Asia Pacific is projected to grow rapidly during the forecast period owing to rapid growth and growing disposable income that is expected to increase consumer spending on pet-related products such as various accessories including pet carriers.
Pet Carriers Key Market Players & Competitive Insights
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Pet Carriers market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Pet Carriers industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Pet Carriers. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Pet Carriers industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Pet Carriers industry to benefit customers and expand the market sector. The Pet Carriers market has recently given medicine some of the most important advantages. Major hair care product market players, including Paws & Pals (US), Elite Field (US), Snoozer (US), Sleeko (US), Prefer Pets Travel Gear (US), and others, are attempting to increase market demand by funding R&D initiatives.
Dongguan Yantao Industrial Co. Ltd – China-based Start-up. This start-up is specializing in curating numerous premium pet products that include dog harnesses, pet beds, pet clothes, dog collars, pet carriers, and more. The firm is witnessing steady growth and is making efforts toward increasing its foothold in the pet care products marketplace.
Also, Carry My Pet – is Indian Start-up, This start-up company is dedicated to curating pet carriers and pet delivery services while making sure that the pets face no inconvenience during their travel, in addition to boarding accommodation, and is likely to grab an incredible market share in the coming years.
Pet Carriers Industry Developments
In 2020, Paw & Pals developed their double-shoulder Pet Carrier Backpack that helps pets for long journeys. They are fully breathable and adjustable to give pets as much room as they need. It offers a built-in clip for their collar and added a simple drawstring for security.
In 2021, Sleeko introduced the comfiest pet carrier bag, which keeps pets in bliss throughout their travel. It has sufficient ventilation on the sides and top to ensure great airflow, soft sides to turn up the comfort, and an ultra-plush fleece bedding pad that the pup or kitty will love. There is an extra fleece pad to ensure that one hand is always on the carrier to guarantee pet safety.
| Report Attribute/Metric | Details |
| Market Size 2021 | USD 810.56 Billion |
| Market Size 2022 | USD 852.38 Billion |
| Market Size 2030 | USD 1,201.36 Billion |
| Compound Annual Growth Rate (CAGR) | 4.38% (2022-2030) |
| Base Year | 2021 |
| Market Forecast Period | 2022-2030 |
| Historical Data | 2018 & 2020 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Pet type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Paws & Pals (US), Elite Field (US), Snoozer (US), Sleeko (US), Prefer Pets Travel Gear (US), Gen7Pets (US), Outward Hound Home (US), K&H Manufacturing (US), Sherpa Pet (US), and Quaker Pet Group (US) |
| Key Market Opportunities | The demand for Fashionable, Accessorized Pet Carriers |
| Key Market Dynamics | Application in Air Travel |
Pet Carriers Market Highlights:
Frequently Asked Questions (FAQ) :
The Pet Carriers market size was valued at USD 810.56 Billion in 2021.
The market is projected to grow at a CAGR of 4.38% during the forecast period, 2022-2030.
North America had the largest share in the Pet Carriers market.
The key players in the market are Paws & Pals (US), Elite Field (US), Snoozer (US), Sleeko (US), Prefer Pets Travel Gear (US), Gen7Pets (US), Outward Hound Home (US), K&H Manufacturing (US), Sherpa Pet (US), and Quaker Pet Group (US).
The Soft-side Bag category dominated the market in 2021.
The store based had the largest share in the market for Pet Carriers.
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