The Business Research Company’s Pet Care E-Commerce Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Pet Care E-Commerce Global Market Report 2023 evaluates pet care e-commerce market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global pet care e-commerce market size is expected to grow from $25.02 billion in 2022 to $28.08 billion in 2023, at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The market size of global pet care e-commerce is expected to grow to $43.38 billion in 2027 at a CAGR of 11.5%.
The rising pet adoption rate is expected to drive the pet care e-commerce market. Pet adoption refers to shelters and rescues full of loving, spayed or neutered, vaccinated, and trained pets who are just waiting to meet you. Pet care brands are upping their marketing game and expanding their e-commerce presence to connect with consumers. For instance, in July 2022, according to the American Society for the Prevention of Cruelty to Animals, a US-based non-profit organization, only 3.2 million of the roughly 6.5 million animals that enter shelters each year are adopted. Further, in July 2022, according to the Humane Society, an India-based animal protection organization, every year, 31% of cats and 28% of dogs are adopted from shelters. Therefore, rising pet adoption is driving the growth of the pet care e-commerce market.
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The pet care e-commerce market segments in the report are:
1) By Product: Pet Grooming Products, Pet Food, Medications (OTC/Supplies), Other Products
2) By Animal Type: Canine, Feline, Crawler, Other Animals
3) By Application: Fungal Infections, Digestive Problems, Other Applications
The table of contents in TBRC’s pet care e-commerce market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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