Pet Car Seat Market Research, 2031
The global pet car seat market size was valued at $1,034.2 million in 2021, and is estimated to reach $1,531.8 million by 2031, registering a CAGR of 4.1% from 2022 to 2031.
The pet car seat market is segmented into Feature, Material, Car Type and Distribution Channel.
Pet car seats are specially designed car seats and covers for pets that are used by the pet owners to ensure safety of their pets while travelling in car. These pet car seats are loaded with various features, such as waterproof, foldable, non-slip, chemical free, and tear resistant that perfectly serve the purpose and offer durability. The pet car seat market is experiencing growth owing to increased pet ownership across the globe due to rise in consumers’ disposable income and increase in awareness regarding the pet safety and government regulations on pet safety in vehicles. The major factors driving the growth of the global pet car seat market include, rise in trend of nuclear families, rapid humanization of pets, and increase in awareness about pet health. Surge in pet ownership among the millennials and generation Z and the rapidly penetrating social media and e-commerce platforms across the globe, significantly boost the growth of the market.
The lack of government regulations regarding pet safety in vehicles and on road in the developing nations is a major restraint for the market . Moreover, lower product awareness and lower product penetration in the developing nations is anticipated to further hurt the growth of the global pet car seat industry during the forecast period.
The market is segmented on the basis of feature, material, car type, distribution channel, and region. On the basis of feature, the market is categorized into foldable, waterproof, adjustable, non-slip, and others. By material, it is segregated into fabric, PVC, nylon, and others. By car type, the market is segregated into SUVs, sedan, hatchback, and others. By distribution channel, it is classified into supermarkets and hypermarkets, e-commerce, specialized pet shops, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of feature, the waterproof segment is anticipated to be the fastest-growing segment during the forecast period, owing to the rise in demand for waterproof pet seat covers. People choose waterproof pet car seats and covers as they prevent claw scratches with their strong ripstop fabric, fold up easily for storage, and ensure both, the pet's and the car's hygiene.
As pet the pet car seat market forecast, by material, the PVC segment dominated the market in 2021, accounting for 36.7% of the pet car seat market share and is expected to sustain its dominance during the forecast period. Pet owners search for wholesome, cozy, comfortable, and long-lasting solutions for their pets' accessories. Many producers and pet owners opt for PVC materials due to their usability, adaptability, resistance to chemicals and water, and durability.
On the basis of car type, the hatchback segment dominated the market in 2021. This is attributed to the huge adoption of the hatchback cars among the global population, owing to its low cost and higher its high demand among the middle income consumers. Hatchback cars have become increasingly popular in recent years, and one of the reasons for this is that they are much more pet-friendly than other types of cars. There are many benefits to owning a companion animal, such as improved mental and physical health, increased socialization, and increased feelings of happiness and well-being.
Depending on the distribution channel, the e-commerce is anticipated to witness a significant CAGR of 5.1% during the forecast period. The rise in penetration of smartphones, growing popularity of online pet stores, and rise in the number of internet users across the globe are the prominent drivers of the e-commerce channels. As per the International Telecommunication Union (ITU), in 2021, around 4.9 billion people had access to the internet and majority of them were using the Internet through smartphones.
Region-wise, North America dominated the market in 2021 and is expected to drive the pet car seat market growth during the forecast period. The huge penetration of passenger cars and higher adoption rate of pets among the U.S. population have significantly fostered the growth of the market in North America. According to the American Pet Products Association (APPA) National Pet Owners Survey 2021-2022, 70% of the U.S. households, or about 90.5 million homes have pets.
The key players operating in the 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, Active-Pets, ARF Pets, Kurgo, K&H Manufacturing, LLC., Petco Animal Supplies, Inc., Pet Lovers Centre, Pet My Ride, Petsup, Pet Magasin, and 4Knines.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pet car seat market analysis from 2021 to 2031 to identify the prevailing pet car seat 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 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 car seat market trends, key players, market segments, application areas, and market growth strategies.
Pet Car Seat Market Report Highlights
By Car Type
By Distribution Channel
Key Market Players
K&H Manufacturing, LLC., Petco Animal Supplies, Inc., pet lovers centre pte ltd, Pet My Ride, Active-Pets, Petsup, Kurgo, ARF Pets, Pet Magasin, 4Knines
According to the insights of CXOs of leading companies, the foldable and waterproof segments are expected to offer remunerative business opportunities in developing economies such as India and China. This is attributed to increase in adoption of pets (especially dogs and cats) and rise in awareness regarding various pet car seat and pet safety products, and implementation of pet safety regulations by the government.
Internet sales have been presenting continuous growth over the years. The availability of info-centric pet car seat, as per consumers’ demand has gained popularity, owing to rapid increase in pet humanization. Moreover, Asia-Pacific is one of the most important and high potential regions for the pet car seat industry. Asia-Pacific has diverse countries, such as Australia and Japan, which have reached a maturity stage and have emerging markets such as China, India, and others. There is also a sharp contrast in the buying patterns and social cultures in these countries. The pet care market in Asia-Pacific is being largely driven by rapid urbanization and connectivity programs. In many countries owing a pet, focusing and spending on its care is perceived as a social status and sensitivity. The significantly rising adoption of passenger cars in developing nations like China and India along with the rising popularity of pet adoption among the middle income consumers is expected to offer lucrative growth opportunities to the pet car seat manufacturers in the forthcoming years. China is the largest and India is the fourth largest automotive market in the globe.