Pet Travel Services Market Research, 2031
The global pet travel services market size was valued at $782.4 million in 2021, and the pet travel services market forecast to reach $1.3 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031. Increase in participation in dog competitions exhibitions or sporting events is propelling the growth of the pet travel services market. To participate in any show & competition, the pet has to go through the training. Training participation Pet training is essential for any pet animal as it builds confidence in pets, instills desirable behaviors in them, and fosters strong relationships between pets and their owners. To enter and perform in shows &competition, pets need to travel from their homes to the venues that fuels the demand for pet travel services. Rapid increase in adoption of pet animals among millennials and Generation Z is a major factor that is expected to increase demand for pet training services globally, which will further boost the pet travel services market demand as well.
Adoption of various companion animals such as rabbits, dogs, cats, and birds has gained popularity among people all over the globe. Having a companion animal provides several benefits, including reduction in stress, increase in confidence, ensure heart health, and control of blood pressure & cholesterol levels, all of which are scientifically proven facts that encourage people to own pets. The American Pet Products Association (APPA) survey in 2021 found that 69 million households in America have dogs as pets.
Surge in pet ownership among the millennials and Generation Z along with the rapidly penetrating social media and e-commerce platforms across the globe significantly boosts the pet travel services market growth. Rise in number of people adopting pets owing to the fact that provide emotional support & companionship has contributed to the market growth. As a result, pet adoption has recently become popular among families, particularly nuclear families. According to the APPA) Survey 2021-2022, pets are present in 70% of the U.S. households, which is approximately 90.5 million. As more people adopt pets, they are more likely to spend money on pet amenities such as pet travel services, which propels the growth of the pet travel services market during the forecast period.
Furthermore, according to a report published by the Global Pet industry (PETS International), in 2020, the Japanese pet market was worth $14.8 billion, up by 3.4% from 2019 and Japan is the world's 10th largest market in terms of cat ownership. Thus, increase in adoption of cats and owners’ diligence to provide luxurious services to them is flourishing the demand for the pet travel services industry.
Besides, vaccination requirements differ from one country to the next. Before leaving their home country, all dogs & cats should be vaccinated against rabies. Rabies may be a non-existent threat in some parts of the globe, such as the UK, however, it could be a major issue in some remote areas of Africa or South America. If crossing international borders, the American Veterinary Medical Association (AVMA) recommends that pet owners bring a rabies vaccination certificate. Aside from vaccination, the pet should be in good health and meet the requirements, which may include blood tests, microchips for identification, permits, and health certificates. However, different airlines and cargo ships have different pet travel policies.
The market is segmented into Pet Type, Travel Type and Mode of Transport. On the basis of pet type, it is categorized into dogs, cats, birds, and others. By travel type, it is segregated into domestic and international. Depending on mode of transport, it is classified into air, ground, and sea.
Based on pet type, the dogs segment dominated the market, garnering around 46.01% of the pet travel services market share in 2021. Dog owners are increasingly getting their pets to participate in different dog shows. Similar to Olympics, which is an international sporting event, the World Dog Shows (WDS) is an international event for dogs. This event takes place yearly and has already been held in several countries across the globe. The event gathers the best dog in each category, and the winners are awarded the titles of Best Dogs in the World at the end of four days of competitions and events.
In addition, dog expos and dog competitions such as Cynosport Dog Agility World Games, an annual event presented by the U.S. Dog Agility Association, Inc. (USDAA), Beverly Hills Dog Show, Wienerschnitzel Wiener Nationals, Connecticut Pet Expo, and Great Iowa Pet Expo, among others are anticipated to spur the travel services for dogs. This factor will in turn drive the demand for global pet travel services market during the aforementioned period.
Depending on travel type, the international segment is expected to grow at the fastest rate during the forecast period. Pet owners are opting to travel with their pets due to the availability of pet-friendly hotels & vacation rentals. When pet owners are aware that they will have access to specialized pet meals, dog walking services, and helpful resources, they are significantly more enthusiastic about taking their animals on vacation.
Depending on the mode of transport, the air segment accounted for 62.25% of the market share in 2021 and led the global pet travel services market. This dominance is attributed to rise in expenditure on pet travel for the purpose of entertainment, companionship, and security purpose. Furthermore, they do not generally need any medications to keep them calm while traveling which is expected to boost the growth of the ground segment during the forecast period.
Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Spain, Italy, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, and rest of LAMEA).
The North American pet travel services market is expanding quickly. There are a number of factors that are driving the demand for pet travel services, including the rise in number of pet owners, growth in awareness of animal welfare, and shift in lifestyles of pet owners. The adoption of pets is further being fueled by a number of other factors, including increase in number of working women and aging population, which is expected to boost the market in North America.
According to the APPA, in the U.S., $123.6 billion was spent on pets in 2021, with $9.5 billion for services such as pet travel. Canada and the U.S. contribute the most to this market. This makes it a great place for new players to start a business providing pet travel services.
Further, Europe pet travel services market hold the second largest position across the globe. Due to the large pet population, Germany leads the pet travel services market, followed by the UK and France. In addition, rise in number of nuclear families in Europe is significantly contributing to the market expansion.
The Pet Travel Scheme, which allows pets to freely move between member nations, is a program that is available to some European nations. Even though each member nation has its own procedure, all animals must have rabies vaccinations and a microchip embedded in them. Treatment for flea, tick, and tapeworm may also be required within 24 to 48 hours of entering certain nations. Sometimes, a certificate from a veterinarian stating that the dog is healthy enough to travel is further required.
Rise in pet ownership and abundance of pet travel programs offered by various governments are two of the many factors driving the expansion of the pet travel services market in Europe. In addition, the market is expanding due to the growing popularity of dog shows & competitions. Moreover, the ’demand for pet travel services rises as a result of rise in pet humanization and growth in trend of carrying pets ’while traveling.
The key players operating in the global market have adopted various developmental strategies to expand their market share and increase profitability in the market. The key players profiled in this report include Air Animal, Inc., Happy Tails Travel, Royal Paws, Blue Collar Pet Transport, AirPets Relocation Services Pvt. Ltd., Pet-Express, Pets Travel, Pet Airways, Best Pet Travel Service, Petspot, Pet Travel Services Guam, World Pet Travel, Across the Pond Pets Travel, and Pawsome Pet Travel Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pet travel services market analysis from 2021 to 2031 to identify the prevailing pet travel services market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the pet travel services market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global pet travel services market trends, key players, market segments, application areas, and market growth strategies.
Pet Travel Services Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 1.3 billion |
 Growth Rate | CAGR of 5.4% |
 Forecast period | 2021 - 2031 |
 Report Pages | 330 |
 By Pet Type |
|
 By Travel Type |
|
 By Mode of Transport |
|
 By Region |
|
 Key Market Players | Air Animal, Inc., Pawsome Pet Travel Ltd., Pet-Express, AirPets Relocation Services Pvt. Ltd., Across the Pond Pets Travel, PetRelocation, Inc., Pet Travel Services Guam, World Pet Travel, Pets Travel, Inc., Happy Tails Travel, Inc., Royal Paws, Blue Collar Pet Transport, PetSpot, Pet Airways, Best Pet Travel Service |
Analyst Review
According to the insights of CXOs of leading companies, the rapidly growing demand for the pet travel services is significantly driven by rise in consumer spending on pet travel. Increase in participation of pet dogs & cats in shows, pet expos, and events is anticipated to drive the demand for pet travel services. Apart from that, to participate in the shows, events, and expos, pets need to undergo training. Dogs can be trained at any age of their lifetime and the special characteristics of dogs make them more suitable for various jobs such as detecting bombs & drugs, security, companionship, and assisting the disabled in walking. To perform in different competitions, pets need to travel from their home to the destination where the competition is held. Thus, increase in participation of pets in different events, competitions, expos, and shows fuel the pet travel services.
The market players operating in the pet travel services market are expanding their global presence. Apart from this, some market players offer complimentary services to pets such as grooming, special crates, and exercise options.
Asia-Pacific is one of the most important and high-potential regions for the pet travel services industry. In many countries owing a pet, focusing and spending on its care is perceived as social status and sensitivity. However, vaccinations according to local rules & regulations and a mandate on quarantine before entering the destination in some specific countries are expected to hinder the growth of the pet travel services market.
Pet travel services market size was valued at $782.4 million in 2021, and is estimated to reach $1,315.3 million by 2031.
Humanization of pets, surge in urbanization and shift towards nuclear families, rise in popularity of pet cafes, stringent government norms on pet vaccinations and travel are some of the key trends in pet ravel services market.
Air travel is the leading mode of travel for pet travel services market.
North America is the largest regional market for pet travel services.
Air Animal, Inc., Happy Tails Travel, Royal Paws, Blue Collar Pet Transport, AirPets Relocation Services Pvt. Ltd., Pet-Express, Pets Travel, Pet Airways, Best Pet Travel Service, Petspot, Pet Travel Services Guam, World Pet Travel, Across the Pond Pets Travel, and Pawsome Pet Travel Ltd. are soem of the key players that are active in the market.
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