Global Pet Wearable Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 266
- CATEGORY
- Retails & Consumer
Market Overview:
The global Pet Wearable market was valued at USD 2,365.1 million in 2022 and expected to grow at a CAGR of 14.5% during the forecast period.
Pet wearables are electronic devices that are designed to be worn by pets, such as dogs and cats, to track and monitor their health, location, and behavior. These devices are becoming increasingly popular among pet owners as they provide a range of benefits, including peace of mind, better health management, and improved pet care.
Some of the most common types of pet wearables include:
GPS Trackers: GPS trackers are devices that use satellite technology to track and monitor the location of pets in real-time. These devices are particularly useful for pet owners who want to keep tabs on their pet's location and ensure that they do not wander too far from home.
Activity Trackers: Activity trackers are devices that monitor a pet's activity levels, including steps taken, distance traveled, and calories burned. These devices can help pet owners to monitor their pet's health and fitness levels and identify any potential health issues.
Health Monitors: Health monitors are devices that track and monitor a pet's vital signs, such as heart rate, respiration rate, and body temperature. These devices can help pet owners to identify any potential health issues early and seek veterinary care if necessary.
Training Aids: Training aids are devices that use sensors to detect and correct unwanted pet behavior, such as barking, jumping, or biting. These devices can be particularly useful for pet owners who are training their pets and want to correct unwanted behaviors.
Smart Feeder: Smart feeders are devices that use an app to dispense food at a specific time or portion to your pet. It can be helpful for pet owners who want to control their pet's diet or feed their pets.
Covid-19 Impact:
The COVID-19 pandemic has had a mixed impact on the pet wearable market. On one hand, there has been an increase in pet ownership and adoption during the pandemic as people have spent more time at home and sought companionship. This has led to increased demand for pet wearables as owners seek to monitor their pets' health, activity levels, and whereabouts.
On the other hand, the pandemic has also led to economic uncertainty and financial constraints for many households, which may have reduced discretionary spending on pet wearables. Additionally, disruptions to supply chains and manufacturing operations have caused delays and shortages in some segments of the pet wearable market.
Overall, the long-term impact of the pandemic on the pet wearable market remains to be seen, but it is likely that demand will continue to grow as people prioritize the health and wellbeing of their pets.
Market Dynamics:
Drivers:
Increasing Pet Ownership: The number of pet owners is growing globally, and more pet owners are looking for ways to monitor and track their pet's activity levels, location, and health. Pet wearables provide a convenient and effective way to do this.
Pet Health and Wellness: Pet owners are becoming more concerned about the health and wellbeing of their pets, and are willing to invest in products that help monitor and maintain their pet's health. Pet wearables can provide valuable insights into a pet's activity levels, sleep patterns, and overall health.
Technological Advancements: The development of new technologies such as GPS tracking, biometric sensors, and cloud computing has made pet wearables more advanced and user-friendly. As a result, more pet owners are adopting these devices.
Convenience: Pet wearables offer convenience to pet owners by providing real-time monitoring and tracking of their pets. This is particularly beneficial for owners who are frequently away from home or have busy lifestyles.
Safety and Security: Pet wearables with GPS tracking can help owners locate their pets if they become lost or stolen. This provides peace of mind to pet owners and helps to ensure the safety and security of their pets.
Restraints:
The pet wearable market has seen significant growth in recent years, but there are still several restraining factors that can limit its growth. Some of these factors include:
Cost: The cost of pet wearables is often a restraining factor for pet owners. Many pet wearables are expensive, and pet owners may not see the value in spending that much money on a device for their pet.
Limited functionality: Many pet wearables are limited in functionality, offering only basic features such as activity tracking or GPS location. This may not be enough to justify the cost for some pet owners.
Limited compatibility: Some pet wearables are only compatible with certain devices or operating systems, which can limit their appeal to a wider audience.
Limited battery life: Many pet wearables have limited battery life, which can be a hassle for pet owners who have to charge the device frequently.
Limited awareness: Many pet owners are not aware of the benefits of pet wearables or may not know that they exist.
Concerns about data privacy: Pet owners may be hesitant to use pet wearables due to concerns about data privacy and security.
Size and comfort: Some pet wearables may be too bulky or uncomfortable for pets to wear, which can limit their use.
Regional Analysis:
North America: North America is the largest market for pet wearables, with the US being the primary driver of growth in the region. The region's high pet ownership rates and willingness to spend on pets have contributed to the growth of the pet wearable market in North America.
Europe: Europe is the second-largest market for pet wearables, with countries such as the UK, Germany, and France driving growth in the region. The high adoption of technology and growing awareness of pet health have contributed to the growth of the pet wearable market in Europe.
Asia-Pacific: The Asia-Pacific region is expected to see significant growth in the pet wearable market, with countries such as China, Japan, and India driving growth in the region. The region's growing middle class and increasing pet ownership rates have contributed to the growth of the pet wearable market in Asia-Pacific.
Latin America: The Latin American market for pet wearables is still in the early stages of development, but the region is expected to see significant growth in the coming years. Brazil and Mexico are expected to be the primary drivers of growth in the region.
Middle East and Africa: The Middle East and Africa region is also in the early stages of development for the pet wearable market, with limited adoption and awareness.
Competitive Landscape:
The global Pet Wearable market is highly competitive and fragmented with the presence of several players. These companies are constantly focusing on new product development, partnerships, collaborations, and mergers and acquisitions to maintain their market position and expand their geographical presence.
Some of the key players operating in the market are:
· Avid Identification Systems, Inc.
· Allflex USA Inc.
· Datamars
· FitBark
· Garmin Ltd.
· Invisible Fence
· Link AKC
· Loc8tor Ltd.
· PetPace LLC
· Whistle Labs, Inc.
· Voyce
· Others
Segments
By Product
· Smart Collars
· Smart Cameras
· Smart Harnesses
By Component
· RFID
· GPS
· Sensors
By Application
· Identification & Tracking
· Behavior Monitoring & Control
· Facilitation, Safety & Security
· Medical Diagnosis & Treatment
By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
· Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
· Latin America
o Brazil
o Argentina
o Colombia
· MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
Global Pet Wearable Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
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Historic Year: 2016-2022
Forecast: 2024-2035
1 Pet Wearable Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Pet Wearable
1.3 Pet Wearable Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Pet Wearable
1.4.2 Applications of Pet Wearable
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 DairyMaster Market Performance Analysis
3.1.1 DairyMaster Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 DairyMaster Sales, Value, Price, Gross Margin 2016-2021
3.2 PetPace Ltd. Market Performance Analysis
3.2.1 PetPace Ltd. Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 PetPace Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.3 DeLaval Inc. Market Performance Analysis
3.3.1 DeLaval Inc. Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 DeLaval Inc. Sales, Value, Price, Gross Margin 2016-2021
3.4 IceRobotics Ltd. Market Performance Analysis
3.4.1 IceRobotics Ltd. Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 IceRobotics Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.5 Fitbark Inc. Market Performance Analysis
3.5.1 Fitbark Inc. Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Fitbark Inc. Sales, Value, Price, Gross Margin 2016-2021
3.6 Konectera Market Performance Analysis
3.6.1 Konectera Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Konectera Sales, Value, Price, Gross Margin 2016-2021
3.7 GEA Group Aktiengesellschaft Market Performance Analysis
3.7.1 GEA Group Aktiengesellschaft Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 GEA Group Aktiengesellschaft Sales, Value, Price, Gross Margin 2016-2021
3.8 Motorola Mobility Inc. Market Performance Analysis
3.8.1 Motorola Mobility Inc. Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Motorola Mobility Inc. Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Pet Wearable Production and Value by Type
4.1.1 Global Pet Wearable Production by Type 2016-2021
4.1.2 Global Pet Wearable Market Value by Type 2016-2021
4.2 Global Pet Wearable Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Sensors Market Production, Value and Growth Rate
4.2.2 GPS Market Production, Value and Growth Rate
4.2.3 RFID Market Production, Value and Growth Rate
4.3 Global Pet Wearable Production and Value Forecast by Type
4.3.1 Global Pet Wearable Production Forecast by Type 2022-2030
4.3.2 Global Pet Wearable Market Value Forecast by Type 2022-2030
4.4 Global Pet Wearable Market Production, Value and Growth Rate by Type Forecast 2022-2030
4.4.1 Sensors Market Production, Value and Growth Rate Forecast
4.4.2 GPS Market Production, Value and Growth Rate Forecast
4.4.3 RFID Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Pet Wearable Consumption and Value by Application
5.1.1 Global Pet Wearable Consumption by Application 2016-2021
5.1.2 Global Pet Wearable Market Value by Application 2016-2021
5.2 Global Pet Wearable Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Behavior monitoring & control Market Consumption, Value and Growth Rate
5.2.2 Identification and tracking Market Consumption, Value and Growth Rate
5.2.3 Facilitation, safety & security Market Consumption, Value and Growth Rate
5.2.4 Medical diagnosis & treatment Market Consumption, Value and Growth Rate
5.2.5 Others Market Consumption, Value and Growth Rate
5.3 Global Pet Wearable Consumption and Value Forecast by Application
5.3.1 Global Pet Wearable Consumption Forecast by Application 2022-2030
5.3.2 Global Pet Wearable Market Value Forecast by Application 2022-2030
5.4 Global Pet Wearable Market Consumption, Value and Growth Rate by Application Forecast 2022-2030
5.4.1 Behavior monitoring & control Market Consumption, Value and Growth Rate Forecast
5.4.2 Identification and tracking Market Consumption, Value and Growth Rate Forecast
5.4.3 Facilitation, safety & security Market Consumption, Value and Growth Rate Forecast
5.4.4 Medical diagnosis & treatment Market Consumption, Value and Growth Rate Forecast
5.4.5 Others Market Consumption, Value and Growth Rate Forecast
6 Global Pet Wearable by Region, Historical Data and Market Forecasts
6.1 Global Pet Wearable Sales by Region 2016-2021
6.2 Global Pet Wearable Market Value by Region 2016-2021
6.3 Global Pet Wearable Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Pet Wearable Sales Forecast by Region 2022-2030
6.5 Global Pet Wearable Market Value Forecast by Region 2022-2030
6.6 Global Pet Wearable Market Sales, Value and Growth Rate Forecast by Region 2022-2030
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2030
7.1 United State Pet Wearable Value and Market Growth 2016-2021
7.2 United State Pet Wearable Sales and Market Growth 2016-2021
7.3 United State Pet Wearable Market Value Forecast 2022-2030
8 Canada Market Size Analysis 2016-2030
8.1 Canada Pet Wearable Value and Market Growth 2016-2021
8.2 Canada Pet Wearable Sales and Market Growth 2016-2021
8.3 Canada Pet Wearable Market Value Forecast 2022-2030
9 Germany Market Size Analysis 2016-2030
9.1 Germany Pet Wearable Value and Market Growth 2016-2021
9.2 Germany Pet Wearable Sales and Market Growth 2016-2021
9.3 Germany Pet Wearable Market Value Forecast 2022-2030
10 UK Market Size Analysis 2016-2030
10.1 UK Pet Wearable Value and Market Growth 2016-2021
10.2 UK Pet Wearable Sales and Market Growth 2016-2021
10.3 UK Pet Wearable Market Value Forecast 2022-2030
11 France Market Size Analysis 2016-2030
11.1 France Pet Wearable Value and Market Growth 2016-2021
11.2 France Pet Wearable Sales and Market Growth 2016-2021
11.3 France Pet Wearable Market Value Forecast 2022-2030
12 Italy Market Size Analysis 2016-2030
12.1 Italy Pet Wearable Value and Market Growth 2016-2021
12.2 Italy Pet Wearable Sales and Market Growth 2016-2021
12.3 Italy Pet Wearable Market Value Forecast 2022-2030
13 Spain Market Size Analysis 2016-2030
13.1 Spain Pet Wearable Value and Market Growth 2016-2021
13.2 Spain Pet Wearable Sales and Market Growth 2016-2021
13.3 Spain Pet Wearable Market Value Forecast 2022-2030
14 Russia Market Size Analysis 2016-2030
14.1 Russia Pet Wearable Value and Market Growth 2016-2021
14.2 Russia Pet Wearable Sales and Market Growth 2016-2021
14.3 Russia Pet Wearable Market Value Forecast 2022-2030
15 China Market Size Analysis 2016-2030
15.1 China Pet Wearable Value and Market Growth 2016-2021
15.2 China Pet Wearable Sales and Market Growth 2016-2021
15.3 China Pet Wearable Market Value Forecast 2022-2030
16 Japan Market Size Analysis 2016-2030
16.1 Japan Pet Wearable Value and Market Growth 2016-2021
16.2 Japan Pet Wearable Sales and Market Growth 2016-2021
16.3 Japan Pet Wearable Market Value Forecast 2022-2030
17 South Korea Market Size Analysis 2016-2030
17.1 South Korea Pet Wearable Value and Market Growth 2016-2021
17.2 South Korea Pet Wearable Sales and Market Growth 2016-2021
17.3 South Korea Pet Wearable Market Value Forecast 2022-2030
18 Australia Market Size Analysis 2016-2030
18.1 Australia Pet Wearable Value and Market Growth 2016-2021
18.2 Australia Pet Wearable Sales and Market Growth 2016-2021
18.3 Australia Pet Wearable Market Value Forecast 2022-2030
19 Thailand Market Size Analysis 2016-2030
19.1 Thailand Pet Wearable Value and Market Growth 2016-2021
19.2 Thailand Pet Wearable Sales and Market Growth 2016-2021
19.3 Thailand Pet Wearable Market Value Forecast 2022-2030
20 Brazil Market Size Analysis 2016-2030
20.1 Brazil Pet Wearable Value and Market Growth 2016-2021
20.2 Brazil Pet Wearable Sales and Market Growth 2016-2021
20.3 Brazil Pet Wearable Market Value Forecast 2022-2030
21 Argentina Market Size Analysis 2016-2030
21.1 Argentina Pet Wearable Value and Market Growth 2016-2021
21.2 Argentina Pet Wearable Sales and Market Growth 2016-2021
21.3 Argentina Pet Wearable Market Value Forecast 2022-2030
22 Chile Market Size Analysis 2016-2030
22.1 Chile Pet Wearable Value and Market Growth 2016-2021
22.2 Chile Pet Wearable Sales and Market Growth 2016-2021
22.3 Chile Pet Wearable Market Value Forecast 2022-2030
23 South Africa Market Size Analysis 2016-2030
23.1 South Africa Pet Wearable Value and Market Growth 2016-2021
23.2 South Africa Pet Wearable Sales and Market Growth 2016-2021
23.3 South Africa Pet Wearable Market Value Forecast 2022-2030
24 Egypt Market Size Analysis 2016-2030
24.1 Egypt Pet Wearable Value and Market Growth 2016-2021
24.2 Egypt Pet Wearable Sales and Market Growth 2016-2021
24.3 Egypt Pet Wearable Market Value Forecast 2022-2030
25 UAE Market Size Analysis 2016-2030
25.1 UAE Pet Wearable Value and Market Growth 2016-2021
25.2 UAE Pet Wearable Sales and Market Growth 2016-2021
25.3 UAE Pet Wearable Market Value Forecast 2022-2030
26 Saudi Arabia Market Size Analysis 2016-2030
26.1 Saudi Arabia Pet Wearable Value and Market Growth 2016-2021
26.2 Saudi Arabia Pet Wearable Sales and Market Growth 2016-2021
26.3 Saudi Arabia Pet Wearable Market Value Forecast 2022-2030
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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