The global pet care e-commerce market size was valued at USD 23.1 billion in 2020 and is expected to reach USD 48.8 billion by 2027 grow at a compound annual growth rate (CAGR) of 11.3% from 2020 to 2027. Technological advancements coupled with rising pet adoption are primary growth drivers for this market. For instance, mobile adaptivity allows better customer experience and single-touch purchase options.
Increasing internet penetration is bolstering the Smartphone using population across the world. Rising mobile adaptivity, incorporation of single touch purchase options, and user-friendly web pages have increased the popularity of e-commerce websites The canine segment led the market and accounted for more than 47.0% share of the global revenue in 2020. Dogs are the most preferred and popular pets around the globe as they become familiar with the behaviour and emotions of their owners very easily. Also, they are loyal, intelligent, protective in nature, and helps in improving one's mental and physical health. Furthermore, dogs help in reducing depression, encourage exercise, enhance cardiovascular health, and stress. An increase in the adoption rate of pets is expected to boost the demand for pet food, grooming products, toys, and other accessories and thereby online retail market growth in the forthcoming years.
The pet food segment accounted for the largest revenue share of around 40.0% in 2020 owing to high awareness regarding the diverse range of pet food and their nutritional status among owners. Availability of a wide range of products, user-friendly web pages, and superior quality food has made online buying more convenient.
The Pet Care E-Market is segmented on the basis of product, Animal type and region. On the basis of Product Pet Grooming Products, Pet Food, Medications (OTC/Supplies), others. On the basis of Animal type Canine, Feline, Others.
North America dominated the market for pet care e-commerce with a revenue share of over 37.50% in 2020. The region is followed by Europe, due to the increase in the number of companion animal adoptions, well-established e-commerce industry, awareness regarding pet healthcare, and an increase in online orders.
Some of the prominent players in the pet care e-commerce market include: PetSmart Inc., Amazon.com, Chewy.com, Walmart, Groomers Delight, Petco Animal Supplies Inc., PETstock, PetMed Express, Inc., BarkBox, TABcom LLC, PetFlow, Dover Saddlery, Nestle.
Increasing internet penetration is bolstering the Smartphone using population across the world. Rising mobile adaptivity, incorporation of single touch purchase options, and user-friendly web pages have increased the popularity of e-commerce websites The canine segment led the market and accounted for more than 47.0% share of the global revenue in 2020. Dogs are the most preferred and popular pets around the globe as they become familiar with the behaviour and emotions of their owners very easily. Also, they are loyal, intelligent, protective in nature, and helps in improving one's mental and physical health. Furthermore, dogs help in reducing depression, encourage exercise, enhance cardiovascular health, and stress. An increase in the adoption rate of pets is expected to boost the demand for pet food, grooming products, toys, and other accessories and thereby online retail market growth in the forthcoming years.
The pet food segment accounted for the largest revenue share of around 40.0% in 2020 owing to high awareness regarding the diverse range of pet food and their nutritional status among owners. Availability of a wide range of products, user-friendly web pages, and superior quality food has made online buying more convenient.
The Pet Care E-Market is segmented on the basis of product, Animal type and region. On the basis of Product Pet Grooming Products, Pet Food, Medications (OTC/Supplies), others. On the basis of Animal type Canine, Feline, Others.
North America dominated the market for pet care e-commerce with a revenue share of over 37.50% in 2020. The region is followed by Europe, due to the increase in the number of companion animal adoptions, well-established e-commerce industry, awareness regarding pet healthcare, and an increase in online orders.
Some of the prominent players in the pet care e-commerce market include: PetSmart Inc., Amazon.com, Chewy.com, Walmart, Groomers Delight, Petco Animal Supplies Inc., PETstock, PetMed Express, Inc., BarkBox, TABcom LLC, PetFlow, Dover Saddlery, Nestle.
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