Pet transport service market is marching forward

The global pet transport service market has witnessed a surge in demand over the last few years, and experts anticipate market value to grow at a CAGR of 6.41% from 2023 – 2032.

Pet Transport Services The pet transport service market is expanding at a rapid rate with the value peaking to USD 721.64 million in 2022. In the following decade, the market is expected to hit USD 1.3 billion by 2032. Rising preference for professional transportation services among pet owners and veterinarians is likely to drive demand for pet transportation services. "The rising need for professional event logistics services is one of the primary aspects driving the growth of the pet transportation service market," says Avinash D, Technical Analyst at Brainy Insights Pvt. Ltd. "Additionally, the growing trend of pet adoption and increased animal safety regulations are providing a significant impetus to market growth." Various advantages associated with pet transport services have helped the market gain traction. Pet transport helps pet owners with cost savings as they no longer need to hire separate carriers for their pet’s travel. Professional pet transport services offer many tailored services to make travel hassle-free and stress-free for pets and their owners. Moreover, most professional pet transport services have extensive knowledge about the rules and regulations regarding pet travel, allowing owners to travel without any hassle. The retail segment is expected to become the fastest-growing segment within the pet transportation services market during the forecast period. The segment holds the majority share of the pet transport services market, as pet owners are increasingly using specialized pet transport services to transport their pets for vacation and shopping purposes. The rising trend of pet adoption and the growing number of pet owners are likely to fuel the segment's growth in the coming years.

The pet transport services market is expected to hit USD 1.3 billion by 2032 due to rising preference for professional transportation services among pet owners and veterinarians, as well as various advantages associated with pet transport services.

Brainy Insights Pvt. Ltd. provides in-depth and comprehensive insights on the growth trends in the global Pet Transport Service market. Interested parties can get in touch with us to secure a copy of the executive report.