The Business Research Company’s report on the Pet Travel Services Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the pet travel services market’s growth in recent years?
An increase in pet adoption will propel the growth of the pet travel services market going forward. Animal adoption means acquiring animals through rescue groups instead of purchasing them from pet shops or breeders. People use pet travel services for conveniently transporting their pets, which is less time-consuming and is handled by professionals. For instance, in April 2023, according to the People’s Dispensary for Sick Animals, a UK-based non-profit organizations, the percentage of all pet owners categorized as ‘new’ has risen to 38% in 2023, up from 34% in 2021 and 36% in 2022. This increase is primarily due to a higher share of new dog owners in 2023, which stands at 41%, compared to 34% in 2021. Therefore, the rise in the animal adoption rate is driving the growth of the pet travel services market.
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How does the future projection of the pet travel services market size compare to its historical growth?
The pet travel services market size has grown rapidly in recent years. It will grow from$2.04 billion in 2024 to $2.25 billion in 2025 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing pet ownership, urbanization and changing lifestyles, regulatory changes, increased awareness of pet safety, and expansion of pet-friendly accommodations
The pet travel services market size is expected to see rapid growth in the next few years. It will grow to “$3.32 billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to globalization and international travel, the evolving regulatory landscape, the growing focus on sustainable and eco-friendly practices, the rise in premium and specialized services, expansion of pet tourism. Major trends in the forecast period include technology integration, health and safety concerns, specialized accommodations, customized experiences, and environmental sustainability.
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Which key players are shaping the future of the pet travel services market?
Major companies operating in the pet travel services market include PetRelocation, Air Animal Pet Movers, Happy Tails Travel Inc., Blue Collar Pet Transport, Across the Pond Pets Travel, PETport, Starwood Pet Travel, JetPetGlobal, Airpets International, CitizenShipper, Tails-A-Wagon Pet and Vehicle Transport, AirPets Relocation Services Pvt. Ltd., Pet Travel Services Guam, Pawsome Pet Travel Ltd., World Care Pet Transport LLC, PetSafe Inc., Pet Express Animal Transport, Pet Air Carrier LLC, Pet Van Lines, Pet Travel Transport, Aeropets, Airvets Pet Relocation, American Airlines Pet Cargo, Animal Airways, Animal Land Pet Movers, Crown Relocations, Delta Airlines Pet Shipping, Dog Gone Taxi, Dogtainers, Fetch Pet Care
What trends will propel the growth and evolution of the pet travel services market?
Product innovations are a key trend gaining popularity in the animal health market. Major market players are concentrating their efforts on introducing new and advanced services and products to strengthen their position in the market. For instance, in March 2023, Pet Value, a Canada-based pet food and supplies company, launched Let’s Go Outside, a unique digital travel guide focused on pets. The limited edition hard copy of the travel guide has a unique chew-proof sleeve that is pet friendly and provides a collection of stories and expert tips with suggestions of pet-first hotels, campsites, hikes, parks, restaurants, and others that the animal care experts of the company curate.
Which regions are expected to become dominant players in the pet travel services market?
North America was the largest region in the pet travel services market in 2024. The regions covered in the pet travel services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the pet travel services market, and how are they evolving?
The pet travel services market covered in this report is segmented –
1) By Travel Type: Domestic, International
2) By Pet Type: Dogs, Cats, Other Pet Types
3) By Booking Type: Online Booking, Offline Booking
4) By Application Type: Transportation, Relocation
Subsegments:
1) By Domestic: Pet-Friendly Transportation Services, Pet Boarding Facilities, Pet Sitting Services During Travel, In-Home Pet Care Services, Pet-Friendly Accommodation Booking
2) By International: International Pet Relocation Services, Customs Clearance Assistance For Pets, Pet Travel Insurance, International Boarding And Care Facilities, Health Certificate And Vaccination Services
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What defines the structure and scope of the pet travel services market?
Pet travel services are defined as services that are provided which deal with all the logistics of transporting animals safely and conveniently from one place to another. Pet travel services are used by people to transport their pets from one place to another in a stress-free environment, with convenience and which also saves a lot of time.
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