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Global Pet Care E-Commerce Market Size, Share, Opportunities And Trends By Pet Type (Dog, Cat, Others), By Product (Pet Grooming, Pet Food, Medications, Others), And Geography - Forecasts From 2020 To 2025

Published: Nov 2020 | Report Code:  KSI061613934 | Pages:  120

The global pet care e-commerce market was valued at US$28.379 billion in 2019. The growing adoption of pets worldwide is the major driver of the global pet care e-commerce market. Rising disposable incomes and living standards are encouraging people to own expensive breeds. As such, the expenditure on the well-being of pets is also increasing across the globe. With growing internet penetration and proliferation of smartphones, the booming e-commerce industry is offering pet care product owners the to sell their products online and expand their market reach. Thus, increasing internet penetration and growing tech-savvy pet owner population are also significantly driving the growth of the global pet care e-commerce market. Furthermore, the increasing number of companies offering various pet care online services is further intensifying the competition in the industry, thereby driving the global pet care e-commerce market growth. In June 2019, Rover launched an in-home pet grooming service to increase their share in the pet care industry. Increase number of pet owners buying insurance policies for their pets is further boosting the market growth. In 2018, Petco announced the acquisition of the leading pet insurance marketplace- PetInsuranceQuotes.com- in order to help pet owners find the right insurance plan for their pets.

The recent COVID-19 pandemic outbreak has positively impacted the growth of the global pet care e-commerce market. Nationwide lockdowns and mandatory social distancing measures have shifted the purchasing preference of pet owners from regular offline stores to online stores. With many bricks-and-mortar pet stores closed due to the pandemic, e-commerce market players have witnessed record growth in sales. For instance, Chewy.com reported a rise in sales by 46.2 percent to $1.62 billion and the company sold more than $1 billion through its auto-ship program for the first time. With millions of people now working from home, there has been a spike in demand for pets, especially dogs, so as to keep them company during the pandemic. The UK is facing a puppy shortage as demand for new pets has skyrocketed since the start of the lockdown with prices being surged and an increase in waiting lists for new puppies.

The dogs segment holds the major market share

By pet type, the global pet care e-commerce market has been segmented as dogs, cats, and others. The pet care e-commerce market across the dog segment accounts for the largest market share throughout the forecast period. Dogs are the most preferred and popular pets owing to their loyal behavior and emotions for humans. People are adopting dogs as pets to reduce their depression and stress. According to the Pet Food Manufacturers’ Association (PFMA) 2018 report, 6.6 million households in the United Kingdom own a dog as compared to only 5 million UK households owning a cat as a pet. However, the cat segment is projected to witness a considerable compound annual growth rate during the forecast period. This is because many people are adopting cats as they are relatively low maintenance, require less veterinary care,  and require less training.

Europe is the major Pet Care E-Commerce market

Geographically, the global Pet Care E-Commerce market has been segmented into the five major regional markets- North America, South America, Europe, Middle East and Africa (MEA), and Asia Pacific (APAC). North America accounted for the significant share in the global pet care e-commerce market in 2019 and is projected to grow at a decent CAGR during the forecast period. A rapidly growing number of pet owners in countries like the United States and Canada is the major driver of the growth of this regional market. The presence of a well-established e-commerce industry coupled with major market players also contributes to the growth of the pet care e-commerce market in this region. With increasing spending on the well-being of pets, the demand for pet care e-commerce services is growing rapidly, thus positively impacting the market growth. According to the APPA (American Pet Products Association), total U.S. pet industry expenditure is projected to reach US$99 billion by 2020 from US$90.5 billion in 2018. Asia Pacific (AAPC) is projected to showcase lucrative growth between 2019 and 2025 on account of the rising number of pet owners in APAC countries with rising disposable income and living standards. Growing awareness among pet owners about the good health of their pets, supported by the booming e-commerce industry will continue to drive the growth of this regional market during the forecast period.

Competitive Insights

Prominent key market players in the global Pet Care E-Commerce market include PetSmart Inc., Amazon.com, Inc., Walmart Inc., Chewy, Inc., Petco Animal Supplies, Inc., PetMed Express, Inc., Groomers Delight, BarkBox, Dover Saddlery, Inc., Oliver Pet Care Solutions Pvt. Ltd., PETstock, Nestlé, and TABcom LLC. These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the global Pet Care E-Commerce market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.

Segmentation

  • By Pet Type
    • Dog
    • Cat
    • Others
  • By Product
    • Pet Grooming
    • Pet Food
    • Medications
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • The Netherlands
      • Italy
      • Ireland
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What is the size of global pet care e-commerce market?
A1. The global pet care e-commerce market was valued at US$28.379 billion in 2019. 


Q2. Who are the major players in the pet care e-commerce market?
A2. Prominent key market players in the global Pet Care E-Commerce market include PetSmart Inc., Amazon.com, Inc., Walmart Inc., Chewy, Inc., Petco Animal Supplies, Inc., PetMed Express, Inc., Groomers Delight, among others. 


Q3. How is the global pet care e-commerce market segmented?
A3. The pet care e-commerce market has been segmented by pet type, product, and geography.


Q4. What factors are anticipated to drive the pet care e-commerce market growth?
A4. The growing adoption of pets worldwide is the major driver of global pet care e-commerce market.


Q5. Which region holds the largest market share in the pet care e-commerce market?
A5. North America accounted for the significant share in the global pet care e-commerce market and is projected to grow at a decent CAGR during the forecast period.

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