REPORT ATTRIBUTE | DETAILS |
---|---|
MARKET SIZE (2032) | USD 1,294.4 million |
MARKET SIZE (2023) | USD 866.1 million |
CAGR (2023-2029) | 4.1% |
HISTORIC YEAR | 2019 |
BASE YEAR | 2023 |
FORECAST YEAR | 2032 |
BY TYPE | With-Zip No-Zip |
BY APPLICATION | Supermarket Online Store Others |
GEOGRAPHIC ANALYSIS | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
KEY PLAYERS | Pet Gear, Paws & Pals, Petsfit, HPZ PET ROVER, Ibiyaya, Gen 7, PET LIFE. |
In recent years, the pet care industry has undergone significant development, and many products meet the various needs of our beloved animal companions. These innovations have made pet strollers a practical and stylish solution for pets who want to combine mobility with comfort. Whether you're navigating busy city streets, exploring scenic parks, or simply strolling around your neighborhood, pet strollers offer a convenient way to take your furry friend with you. The market for pet strollers has expanded significantly with the development of design and functionality.
Global Pet Stroller Market Size Was Estimated At USD 866.1 million In 2023 And Is Projected To Reach USD 1,294.4 million By 2032, Exhibiting A CAGR Of 4.1% During The Forecast Period (2024-2032)
Modern pet strollers are not just transportation; they are designed with features that prioritize safety, comfort and convenience for both pets and owners. From durable mountain bikes that can handle rough terrain with ease, to spacious and well-ventilated cabins that ensure your pet travels in comfort, manufacturers are constantly innovating to meet the demands of pets. Baby strollers are suitable for many situations. They are ideal for older pets who may struggle with long walks, offering them a convenient way to enjoy fresh air and outdoor attractions without the stress. Small breeds and puppies also benefit from the secure hold of the stroller, protecting them from hazards such as hot pavement or over-inquisitive larger dogs. Additionally, pet strollers are invaluable for injured or recovering pets, providing a safe space during the rehabilitation process. There are several factors to consider when choosing the perfect pet stroller, such as size, weight capacity, terrain suitability and ease of use. Whether you want folding storage for storage, extra storage for your pet's needs, or features like rain covers and mesh for ventilation, there's a stroller to fit every pet's lifestyle and personality. The growing popularity of pet strollers reflects a changing attitude toward pets, where pets are increasingly viewed as essential family members who deserve comfort and convenience. Market trends show a growing demand for durable, well-designed strollers that not only meet practical needs, but also reflect personal style preferences.
Market Overview:
The trend to adopt pets is increasing in developing economies and with it the purchasing power of people is also increasing. This has led to significant growth and leads the market. In urban areas, pet strollers allow you to take your pet to more places, including workplaces, stores and restaurants. Many facilities like restaurants and malls are becoming pet friendly, a responsible pet owner is always welcome and this has further increased the demand. Owners of several small dogs often find it easier and more comfortable to carry them in a stroller because they cannot move in different directions and be safe with the owner. There are certain limitations and challenges ahead that hinder the overall growth of pet strollers. The costs and maintenance associated with pets are already significant, and investing in a pet stroller is a little difficult for the average pet parent. This may inhibit the market to some extent.
Market Trends:
Porter’s Analysis
Porter's five forces framework provides a blueprint for understanding the behavior of competitors and a player's strategic positioning in the respective industry. This section evaluates the different external factors that will impact competitive position over the coming years. This will be analyzed through 5 main factors such as:
Value Chain Analysis
Value chain allows businesses to observe their activities and find competitive opportunities. This section provides the analysis from suppliers to end consumers through manufacturers and intermediaries of a specific commodity or service. This will help the company's business activities to see how the company can create a competitive advantage for itself.
Pricing Analysis
This section provides an analysis on historical and projected pricing trends of the product which helps in determining the product's price and/or services beneficial for companies’ product lifecycle. This section includes qualitative as well as graphical analysis of price strategy which helps both businesses and consumers to evaluate goods
Market Drivers:
Increasing Pet Ownership: More and more households are adopting pets, treating them like family members and looking for products that improve their comfort and safety.
Urbanization: A growing urban population requires solutions for safe movement on busy city streets and in parks with pets, which increases the demand for pet strollers.
Aging Pet Population: Pets are living longer, so mobility aids like pet strollers are needed to maintain their quality of life and level of outdoor activity.
Technological Advances: Advanced features such as durable wheels, shock absorption systems and lightweight materials enhance the functionality and appeal of pet strollers.
Health and Wellness Trends: Pet owners are prioritizing the health of their pets by using walkers to facilitate outdoor activity and mental stimulation in a controlled environment.
Customization Options: Pet strollers come in a variety of sizes, models, and features to fit different pet breeds, sizes, and needs.
Impact of social media: Pet influencers and online communities play an important role in promoting pet strollers, influencing consumer awareness and preferences.
Environmental sustainability: growing consumer preference for environmentally friendly products forces manufacturers to use sustainable materials and practices in the manufacture of pet strollers.
Market Restraining Factors:
Cost: Pet strollers can be considered expensive compared to traditional pet carriers or leashes, which can put off budget pets.
Limited Use: Some pet owners may consider pet strollers to be a niche product suitable only for certain situations (such as urban environments), limiting wider adoption.
Perception and Social Stigma: There may be a perception that pet strollers are frivolous or unnecessary, making some pet owners reluctant to invest in one.
Space and Storage Issues: Pet strollers can be bulky and require a lot of storage space when not in use, creating logistical challenges for some households.
Accepting pets: Not all pets will accept being in a stroller, especially if they are not used to it or have anxiety disorders.
Durability and Longevity: Concerns about the durability and longevity of pet strollers, especially on rough terrain or with larger pets, can influence purchasing decisions.
Regulatory and Safety Standards: Different regulatory standards and safety issues in different regions or countries can affect market integrity and consumer confidence.
Environmental Impact: Some consumers may be concerned about the environmental impact of the production and disposal of pet strollers, which affects purchasing decisions.
Key Market Opportunities:
Key Players:
Pet Gear
Paws & Pals
Petsfit
HPZ PET ROVER
Ibiyaya
Gen 7
PET LIFE
Recent Development:
22 June 2024 - Paws & Pals: 14-month-old Labrador Retriever and puppy up for adoption Luna is a house-trained, short coat dog weighing in at about 60 pounds.
Key Market Insights:
Growing Popularity: Pet strollers are gaining popularity around the world as more and more pet owners look for convenient and safe ways to take their pets outside.
Versatile Applications: Pet strollers aren't just for small dogs and cats; they serve a variety of pets, including the elderly, injured pets, and those recovering from surgery.
Urbanization: The trend of urban living has greatly increased the demand for pet strollers, providing city dwellers with a practical solution for navigating busy streets and parks.
Health and wellness: Pet owners increasingly prioritize the health and well-being of their pets and use walkers to provide their pets with regular exercise and mental stimulation.
Technological Advances: Modern pet strollers incorporate advanced technology such as mountain wheels, shock absorption systems and weather resistant materials to improve functionality and durability.
Customization Options: Customizable strollers are in growing demand and cater to the specific needs of pets and owner preferences, from size and color options to accessories.
Impact of social media: Pet influencers and online communities play an important role in promoting pet strollers, influencing consumer awareness and purchasing decisions.
Environmental Awareness: Eco-friendly and sustainable pet products are becoming increasingly popular, forcing manufacturers to adopt green practices in the production of strollers.
Research Methodology
The qualitative and quantitative data of the Dog Stroller Market is prepared through various research considerations such as subject matter expert advice, primary and secondary research. Primary research leverages valuable information from face-to-face and/or telephonic interviews and surveys, questionnaires, industry expert opinion, KOLs, customers, and others. Primary interviews are conducted regularly with industry experts to create in-depth expert information on the market and to substantiate the existing analysis of the data.
Secondary research done by Verified Market Reports research team through various sources such as
Market Segmentation:
By Type
By Application
By Geography
Latin America
Stakeholders in the Pet Stroller Market can include:
Conclusion:
The pet carrier market represents more than just a trend; it represents a major shift in the way we care for our pets and incorporate them into our daily lives. As pet ownership increases and pets become more beloved members of the family, the demand for products such as pet strollers have exploded. These innovative devices not only provide comfort and safety, but also contribute to the overall well-being of our furry companions. From city dwellers on busy streets to senior pets enjoying leisurely walks, pet charms fit many needs and lifestyles. The evolution of the market is characterized by technological advances, personalization options and a growing focus on sustainability, which reflects broader consumer trends towards health-conscious and environmentally friendly choices. Looking to the future of pet care, the role of pet strollers continues to grow. Thanks to constant innovation and collaboration between stakeholders - from manufacturers and retailers to vets and influencers - the market continues to evolve and offer pet owners more options than ever before. Whether you're considering your first pet stroller or looking to upgrade to a high-end model, understanding market dynamics can help you make informed decisions that prioritize both your pet's comfort and your own. We continue the journey of innovation in pet care, ensuring that every outing with our pets is not just a walk, but a memorable and enriching experience for both pet and owner.
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