Insights on the Pet Care E-Commerce Global Market to 2025 - COVID-19 has Positively Impacted Growth
DUBLIN, Jan. 13, 2021 /PRNewswire/ -- The "Global Pet Care E-Commerce Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global pet care e-commerce market was valued at US$28.379 billion in 2019. Growing adoption of pets worldwide is the major driver of 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, booming e-commerce industry is offering pet care product owners to sell their products online and expand their market reach. Thus, increasing internet penetration and growing tech-savvy pet owner population is also significantly driving the growth of the global pet care e-commerce market.
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. 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 well-established e-commerce industry coupled with major market players also contributes to the growth of 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 rising number of pet owners in APAC countries with rising disposable income and living standards. Growing awareness among pet owners about good health of their pets, supported by booming e-commerce industry will continue to drive the growth of this regional market during the forecast period.
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, Nestle, 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.
Key Topics Covered:
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Pet Care E-Commerce Market Analysis, by Pet Type
6. Global Pet Care E-Commerce Market Analysis, by Product
6.2. Pet Grooming
6.3. Pet Food
7. Global Pet Care E-Commerce Market Analysis, by Geography
7.2. North America
7.3. South America
7.5. Middle East and Africa
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. Petsmart Inc.
9.2. Amazon.Com, Inc.
9.3. Walmart Inc.
9.4. Chewy, Inc.
9.5. Petco Animal Supplies, Inc.
9.6. Petmed Express, Inc.
9.7. Groomers Delight
9.9. Dover Saddlery, Inc.
9.10. Oliver Pet Care Solutions Pvt. Ltd.
9.13. Tabcom LLC
For more information about this report visit https://www.researchandmarkets.com/r/xag9lc
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Research and Markets
SOURCE Research and Markets