Pet Travel Services Market Size Worth $4,602.51 Million By 2032 | CAGR: 9.5%

Pet Travel Services Market Size Worth $4,602.51 Million By 2032 | CAGR: 9.5%

The global pet travel services market size is expected to reach USD 4,602.51 million by 2032, according to a new study by Polaris Market Research. The report “Pet Travel Services Market Share, Size, Trends, Industry Analysis Report, By Pet Type, By Travel Type (Domestic, international), By Application Type, By Booking Type, By Region Forecast, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The pet care industry's growth due to increased global spending on pet care has led to rising demand for advanced and affordable customized services for pet owners who travel. Additionally, the pet day-care and lodging market is expanding due to the increasing number of elderly pet owners who view pets as good companions. Furthermore, the pet travel services market is driven by a growing interest in pet humanization, increased international pet travel, and a demand for specialized pet travel services that aid with complex regulations, pet-friendly accommodations, and safe transportation.

In April 2022, Avvinue introduced its public beta on "National Pet Day." This pet travel booking service platform is the only one on the market to help pet owners travel with their furry companions worldwide. The development highlights the increasing demand for pet-friendly travel options and the need for convenient booking platforms.

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In addition, pet ownership has steadily increased over the last three decades. According to the National Pet Owner's Survey (2021-2022) conducted by the American Pet Products Association (APPA), almost 90.5 million households in the country own a pet, representing 68% of all households. The rise in pet ownership has increased pet care spending, with wealthy pet owners being the primary target market for high-end pet products and services. This surge in spending has driven the development of a wide range of customized services and advanced products to cater to the market.

Pet Travel Services Market Report Highlights

  • The dogs segment held dominance in made owing to their friendly and energetic nature and adaptability to long journeys. This has also led to a rise in demand for dog-friendly services in hotels and travel destinations
  • The transportation segment is the leading market driven by the increased need for safer, more convenient, and cost-effective pet transportation options.
  • The domestic segment is generating the largest revenue share due to the rise in pet owners' willingness to invest more money and time in their pets' wellness
  • Pet travel services are experiencing a surge in online bookings as pet owners increasingly include their pets in leisure trips and family vacations, considering them part of the family.
  • North America region dominated the global market in 2022 driven by advanced services offered by multiple companies, a rise in pet owners, greater animal welfare awareness, and evolving pet owner lifestyles.
  • The global key market players include Starwood Pet Travel, Happy Tails Travel, Petport, All Care Pet Transport, Aark Air International, Jet Pet Global, & Airpets International.

Polaris Market Research has segmented the pet travel services market report based on pet type, travel type, application, Booking and region:

Pet Travel Services, Pet Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Dog
  • Cat

Pet Travel Services, Travel Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Domestic
  • International

Pet Travel Services, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Transportation
  • Relocation

Pet Travel Services, Booking Outlook (Revenue - USD Million, 2019 - 2032)

  • Online
  • Offline

Pet Travel Services, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa