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Global Pet E-Commerce Market Analysis Report

Posted on by darion

Dublin, June 18, 2024 (GLOBE NEWSWIRE) — “Global Pet Care E-Commerce Market Size, Share and Trends Analysis Report by Product (Food & Treats, Bedding, Grooming, Drugs), Type animal (dogs, cats), Other Animals), Region and Segment Forecasts, 2024-2030” has been added to ResearchAndMarkets.com offering.

The global pet care e-commerce market is expected to reach USD 149.21 billion by 2030, registering a CAGR of 7.64% during the forecast period. This growth can be attributed to improved user experience in e-commerce thanks to technological advancements and increasing penetration of these platforms. The growing reach of e-commerce platforms offers customers an alternative to purchase pet care products, contributing to the growth of the market.

The global pet care e-commerce industry is witnessing an increase in collaborations and strategic partnerships that include mergers, acquisitions, and investments, which are creating growth opportunities for the market. For example, in January 2024, BARK, Inc. has announced a retail agreement to sell its new range of treats, starting in spring 2024, in approximately 1,300 stores, which is in addition to existing commitments in almost 2,500 stores nationwide. The partnership was intended to increase the visibility of BARK’s consumables and support its strategic growth plan.

Several market participants are expanding their existing businesses geographically to gain greater market share. For example, in August 2023, Kanine announced a strategic partnership with the highly popular Indian e-commerce site Myntra. The purpose of this partnership was to expand the market geographically and enable the company to sell pet products. These steps represent an opportunity for a growing market.

The growing focus on multi-protein diets for pets is expected to fuel the growth of the pet products e-commerce industry. For example, in December 2020, ZIWI Pets launched multi-protein pet treats and a new range of regionally themed dietary supplements for cats and dogs, containing five different animal proteins. The brand’s East Cape, Otago Valley and Hauraki Plain formulas are part of the Provenance range, which offers dried kibble and wet alternatives for cats and dogs. These product launches are expected to increase the demand for pet food and treats, fueling the market growth.

The development of e-commerce has made it easier for consumers to access a wide range of pet products. Online platforms such as Amazon, Pets at Home and Zooplus offer a variety of pet care product brands, contributing to the growth of the market. Additionally, the rise of subscription services like BarkBox, Chewy, and Pawsome Box have made it easier for pet owners to purchase pet care products on a regular basis. These services offer automatic delivery of items including toys, treats and beauty products, providing customers with convenience and savings.

Highlights from the Pet E-Commerce Market Report

  • By product type, the food and treats segment accounted for the highest revenue share at 38.76% in 2023. This can be attributed to the growing emphasis on pet health by pet owners. The growing concern for pet health is shifting the interest of pet owners towards healthy food alternatives containing natural ingredients to provide their pets with a healthy diet.
  • In 2023, the dog segment had the largest market share by animal type
  • North America dominated the global market with a revenue share of 40.21% in 2023. This growth can be attributed to the large number of pets in the region and access to e-commerce platforms. North America is one of the most animal-populated regions in the world, driving demand for pet care products.
  • The Asia-Pacific region is expected to witness the fastest CAGR over the forecast period, driven by rising pet ownership rates, growing awareness of pet care, and the broader trend of humanization of pets.

Key Features:

Report attribute Details
number of pages 157
Forecast period 2023 – 2030
Estimated market value (USD) in 2023 $90.23 billion
Projected market value (USD) until 2030 $149.21 billion
Compound annual growth rate 7.6%
Regions covered Global

Key topics covered:

Chapter 1. Methodology and scope

Chapter 2. Summary
2.1. Market prospects
2.2. A segmentation perspective
2.3. Competitive insights

Chapter 3. Prospects for the Pet Care E-Commerce Industry
3.1. Market Line Outlook
3.2. Market dynamics
3.2.1. Analysis of market factors
3.2.1.1. Increase in pet adoption around the world
3.2.1.2. Rapid technological progress
3.2.1.3. Increasing access to e-commerce platforms
3.2.2. Market constraints analysis
3.2.2.1. Growing concern for the quality of food products
3.2.3. Market opportunity analysis
3.2.4. Analysis of market challenges
3.3. Pet E-Commerce Market Analysis Tools

Chapter 4. Pet Care E-Commerce Market: Pet Type Estimates and Trend Analysis
4.1. Segment panel
4.2. Global Pet Care E-Commerce Market: Pet Type Traffic Analysis
4.3. Global Pet E-Commerce Market Size and Trend Analysis, by Pet Type, 2018-2030 (USD Million)
4.4. Dogs
4.5. Cats
4.6. Other animals

Chapter 5. Pet Care E-Commerce Market: Product Type Estimates and Trend Analysis
5.1. Segment panel
5.2. Global Pet Care E-Commerce Market: Product Type Traffic Analysis
5.3. Global Pet E-Commerce Market Size and Trend Analysis, by Product Type, 2018-2030 (USD Million)
5.3.1. Food and treats
5.3.2. Garbage products
5.3.3. Care products
5.3.4. Fashion, toys and accessories
5.3.5. Medicines
5.3.6. Supplements

Chapter 6. Pet Care E-Commerce Market: Regional Estimates and Trend Analysis
6.1. Regional panel
6.2. Pet e-commerce market share, by region, 2023 and 2030 in USD million

Chapter 7. The competitive landscape
7.1. Categorization of market participants
7.2. Company market position analysis/heap map analysis
7.3. Company profiles

  • Amazon
  • Chewy, Inc.
  • Pet Smart Inc.
  • Petco Health and Wellness Company, Inc.
  • zooplus SE
  • SmartPak for horses
  • Walmart
  • BARK
  • Target Brands, Inc
  • Alibaba

More information about this report can be found at https://www.researchandmarkets.com/r/bf42lf

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  • Global e-commerce marketplace for pet care