Pet Shipping Service Market Size, Share, Growth, and Industry Growth by Type (Domestic and International) By Application (Individual and Groups), Regional Forecast To 2032

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Pet Shipping Service Market REPORT OVERVIEW

The Pet Shipping Service Market size was valued at approximately USD 0.72 billion in 2023 and is expected to reach USD 1.25 billion by 2032, growing at a compound annual growth rate (CAGR) of about 6.41% during forecast period.

The expanding demand for event logistics services is one of the main drivers of sales in the animal shipping services industry. Examples of shipping services include supply chain management programs, high-value event logistics, and value-added services like packaging, selection, and transfers of pets and pet care products.

The market for pet transportation services is projected to expand as more transportation companies use event shipping services that offer justifications for managing problems associated with outsourcing various tasks.

Another factor promoting the growth of the market for pet shipping services during the forecast period is the introduction of block chain technology within the logistics sector. The market for block chain technology in the transportation and logistics sector is also expanding due to reasons including the expansion of the e-commerce sector.

COVID-19 Impact: Travel Restrictions to Challenge the Market Growth

The COVID-19 pandemic has had a significant impact on a number of areas, including aircraft cancellations, travel restrictions, and quarantines, all of which have a direct bearing on the market for pet shippingservices.

Travel restrictions are in place right now in order to stop the COVID-19 virus from spreading over the world, which has had a detrimental impact on the market for pet shipping services. Once the pandemic is finished, it is predicted that companies would restart operations, giving the market the chance to recover and start to flourish once again due to a resumption of people's travel plans.

LATEST TRENDS

"Provision of Multiple Services and Assistance to Propel the Market Growth"

A flawless traveling experience for people and their companion animals is offered by players in the pet shipping services industry that provide services such documentation, assistance with veterinary treatments, and records.

Since they guarantee that animals will be transported safely, pet shipping services enable customers to maintain contact with their pets while they are in route. On lengthy trips, it enables connecting owners to travel with their pets. It is unsettling to be emotionally cut off from dogs while traveling by plane since people are emotionally attached to them. Yet, the use of IoT sensors in transportation enables pet owners to fully differentiate between the environmental conditions and their pet's safety, as well as to communicate with animals.

Pet Shipping Service Market Segmentation

• By Type Analysis

By type, market is segmented into domestic and international. The domestic type segment will dominate the market in the coming years.

• By Application Analysis

Based on applications, the market is classified into individual and groups. The individual segments will lead the global share through 2032.

DRIVING FACTORS

"Increase in Pet Travelers to Propel the Market Demands"

Pet shipping services are becoming a significant part of the travel business due to the increase in pet travelers. With the purpose of removing the uncertainties associated with pet ownership, people are also choosing pet insurance at a faster rate. Though relatively new in emerging and developing economies, pet insurance is a concept that is well-known in Western nations. As the number of pets has expanded and there is a greater need for pet care, pet grooming, and pet sitting, there is a greater need for pet shipping businesses that also offer extra services in addition to shipping.

Also, it is more challenging to move larger dogs, older pets, and animals with particular requirements. People could not be permitted to fly with their pets if they lack the necessary immunizations or veterinary papers, or if they are in the improper size carrier.

"Provision of Expert Event Logistics Services to Augment the Market"

One of the key factors influencing the growth of the pet shipping service market is the increasing need for event logistics services to provide expert event logistics services. Supply chain management, high-end event logistics, and value-added services like the packing, assortment, and delivery of pet care goods are all examples of logistics services. Since event logistics services offer justifications to lessen the management issues connected with outsourcing a variety of duties, it is projected that the market for pet shipping services would grow dramatically. Hence, this is fueling the market's expansion for pet shipping services.

RESTRAINING FACTORS

"Government Regulations to Challenge the Market Growth"

Nevertheless, owing to long-distance travel, pet owners have certain concerns about the safety of the transport, and strict government regulations in some nations are limiting the market growth for pet transport services. In addition, immunization standards vary from nation to nation. All dogs and cats should have a rabies vaccination before traveling outside of their country. In certain places of the world, such as the UK, rabies may not be a concern at all, but in some isolated regions of Africa or South America, it may be a serious problem. The American Veterinary Medical Association (AVMA) advises pet owners to carry proof of rabies vaccination while crossing foreign borders. In addition to being immunized, the pet must also be in excellent health and conform to the standards, which may impede market expansion.

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Pet Shipping Service Market REGIONAL INSIGHTS

"North America’s Pet Shipping Service Market to Grow Exponentially with the Forecasted Period"

During the course of the forecast period, the U.S. is anticipated to hold the lion's share of the market for pet shipping services in North America. These services are used by pet owners to relocate, travel large distances with their pets, and reclaim lost pets. Pet shipping is sometimes regarded as a luxury since it may be so pricey. Yet, with individuals spending more money on their dogs, pet shipping has become essential for those who are moving or traveling over vast distances.

Due to the significant number of foreign travelers and visitors to the U.K., the market for pet shipping services in Europe will see significant growth in this region. Due to their frequent travels to other places and their desire to avoid leaving their pets at home alone, consumers are looking for pet travel and lodging services.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

LIST OF TOP PET SHIPPING SERVICE COMPANIES

• Pet Travel (India)
• Pet Movers (UK.)
• Pet-Express (U.S.)
• Air Animal (U.S.)
• Starwood Animal Transport (U.S.)
• Blue Collar Pet Transport (BCPT) (U.S.)
• Airpets International (India)
• Royal Paws (U.S.)
• Happy Tails Travel (U.S.)
• Pet Relocation (India)
• AGS (India)
• Citizen Shipper (U.S.)
• Pet Van Lines (U.S.)
• Enroute Pet Transportation (Canada)
• Worldwide Animal Travel (Canada)
• Animals Away (U.S.)
• Airpets America (U.S.)
• Royal Paws Pet (U.S.)
• Pet Export Vet (Hong Kong)
• Anvis Pet Relocation (India)
• Bliss Pet Services (Italy)
• Jetpets (U.S.)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.