There are a multitude of reasons why people may be required to migrate their pets. It could be for confidentiality reasons, like relocating to a new city or country, or it could be for commercial reasons, such transporting animals to and from kennels, breeders, or other facilities. There is a need for pet moving services that can make the process of transporting pets safe and stress-free, whatever the cause. Additionally, because various animals have varied demands, the means of transportation is crucial to take into account while transporting pets. For instance, whereas more delicate animals, such reptiles or amphibians, may need to be moved by land or by water, cats and dogs can often be transported by air, land, or water only.
COVID-19 Impact and Market Status
Due to people avoiding needless travel and the movement of goods and animals, the COVID-19 epidemic has caused a dramatic reduction in demand for pet relocation services internationally. The market players who operate in this niche have seen a negative impact on their revenue growth as a result of this. The market is anticipated to rebound in the upcoming months, though, as lockdown limitations are gradually eased and economic activity picks back up. Due to the unmet need for pet moving services, the market is also anticipated to expand significantly in the post-COVID-19 future.
The Dog Type to Emerge as the Most Lucrative Segment
The market is split into two categories based on type: Dogs and Cats. Dogs are expected to experience the highest CAGR growth of all of these during the projection period. This can be ascribed to the growing pet ownership population around the world, the increased demand for dog transportation services from both personal and commercial application, and the rising number of dog owners globally.
The Personal Segment is the Most Popular Application
This market is split into two categories based on applications: personal and commercial. Among them, it is projected that the personal application category will expand significantly in the upcoming years. This is a result of the rise in the number of people migrating with their pets for business or pleasure, as well as the rise in the need for expert services to guarantee the protection of their animals.
The Domestic Segment is the Most Prominent Destination
The pet moving service market can be split into domestic and international segments based on destination. Due to a growth in the number of pet owners and home moves, as well as an increase in the number of adoption agencies, the domestic segment is predicted to develop at the fastest rate among these. Additionally, the industry in this niche is anticipated to rise as online pet transport companies proliferate.
The Air is the Most Promising Transportation Segment
The transportation market is separated into three categories air, land, and water. Because of the regulated atmosphere and the short travel time, which spares pets the stress of a long trip, the air segment is expected to expand at a faster rate.
The Asia Pacific region to render Adequate Financing Avenues
South America, Africa, North America, Asia-Pacific, Europe, and the Middle East are the different geographical segments of the market. Of these, it is anticipated that the market in the Asia-Pacific will expand at a faster rate due to the rise in pet ownership, shifting pet-owning trends, and the rise in nuclear households.
There are a few key contributors to the estimated considerable growth of the global pet moving services market. First off, there is a growing need for pet transportation services for both private and business purposes. This is a result of the rise in pet ownership, which has increased demand for pet relocation when necessary. Secondly, this business is expanding as pet relocation becomes a more common occurrence. This is due to the rising likelihood that people will bring their dogs along when they move more frequently, whether for employment or for personal reasons. Finally, an important factor in the market's advancement is the growing number of pet owners around the world. Numerous considerations, such as the rising acceptance of companion animals, the humanization of pets, and the rising affordability of pet ownership, are fueling this trend.
Pet moving services are professional assistance offered for the long-distance transportation of pets. These services typically include door-to-door pickup and delivery, all necessary documentation, and pet travel insurance. They could perhaps offer extra services such pet hotel reservations, cage rentals, and pre-trip physicals. Moreover, pet relocation services can assist with the import and export of pets to and from other countries.
Pet moving services are professional assistance offered for the long-distance transportation of pets. These operations typically include pet travel insurance, all relevant documentation, and door-to-door pickup and delivery. They could perhaps offer extra services such pet hotel reservations, cage rentals, and pre-trip physicals. Moreover, pet relocation services can assist with the import and export of pets to and from other countries.
During the forecast time-frame, 2019–2029, the market for pet moving services is anticipated to expand at a CAGR of 6.8%, achieving an estimated value of 3,032.6 million in 2029. The market expansion can be due to the rising demand worldwide for pet moving services from both personal and business applications as well as the expanding pet ownership population worldwide. Also, the increasing prevalence of pet relocation is boosting the advancement of this market.
One of the chief causes propelling the growth of this market is the increasing demand for pet moving services from both residential and commercial applications. Secondly, the market is expanding as pet ownership rates rise globally. Moreover, this sector is growing as pet relocation becomes more and more common. Also, the expansion of international trade and the globalization of economies are fostering market expansion by enabling pet movers to increase their operations all over the world.
The high cost of these services seems to be the main issue constraining the growth of the market for pet moving services. The other impediments are the strict rules governing pet transportation and the fact that pet owners are unaware of these services. Meanwhile, the market is anticipated to rise over the course of the forecast period as a result of the expanding demand for these services from both personal and business applications as well as the rising number of pet owners from around worldwide.
Didi Hirsch Mental Health Services, Atlas Pet Company, Inc, Pets On The Go Travel LLC, Crown Relocations, Inc, Four Paws International Limited, Royal Paws Pet Transport, LLC, Wooftrax, Inc., and National Van Lines, Inc. are the major corporations active in the pet moving service industries. The fundamental trends, causes, and barriers affecting the market's growth are also comprehensively analyzed in this research. It provides a broader picture of the market's competitive environment from the perspective of the greatest businesses and their revenue share.
Recent Developments in the Global Pet Moving Services Market
- GoPetFriendly.com, a website that lists places to stay and things to do with pets, announced the opening of its new Pet Travel Forum in September 2019. This forum offers a venue for connecting with other animal lovers and exchanging advice on locations, lodgings, and activities that welcome pets.
- United Airlines stated in August 2019 that it would be teaming with the national animal welfare organization American Humane in order to expand its animal transport service. As a result of this collaboration, United Airlines will be the first airline to provide in-cabin pet carriage on all domestic flights.
- The International Pet and Animal Transportation Association (IPATA) debuted a new campaign in May 2019 called "Leave Them Home," which attempts to inform pet owners about the dangers of flying with their animals. The campaign consists of a website, social media outreach, and educational materials that will be sent to pet owners and travel businesses all over the world.
Pet Moving Service Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 3,032.6 million|
|Growth Rate||CAGR of 6.8 % during 2021-2028|
|Segment Covered||Type, Destination, Application, Transport, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Didi Hirsch Mental Health Services, Atlas Pet Company, Inc, Pets On The Go Travel LLC, Crown Relocations, Inc, Four Paws International Limited, Royal Paws Pet Transport, LLC, Wooftrax, Inc.|
Key Segments of the Global Pet Moving Service Market
Type Overview, 2019-2029 (USD Billion)
Application Overview, 2019-2029 (USD Billion)
Destination Overview, 2019-2029 (USD Billion)
Transport Overview, 2019-2029 (USD Billion)
Regional Overview, 2019-2029 (USD Billion)
- The rest of Europe
- Asia-Pacific as a whole
- South America's remaining countries
Middle East and South Africa