Pet Travel Services Market Size, Share, Growth Report 2032

Industry Prospective:

The global pet travel services market size was worth around USD 800 Million in 2022 and is predicted to grow to around USD 1290 Million by 2030 with a compound annual growth rate (CAGR) of roughly 5.39% between 2023 and 2030. The report analyzes the global pet travel services market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the pet travel services industry.

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Pet Travel Services Market: Overview

The pet travel industry revolves around the transportation or shipping of animals, with pets taking up the largest part of the industry share. The associated services are most commonly used by people who own pets and require their shipping from one location to another due to various reasons. For instance, if a pet owner is relocating to another place or if a pet is performing at an event like an animal show. Pet shipping falls under the global body named International Pet and Animal Transportation Association (IPATA) which is a non-profit organization working towards the humane and safe transportation of animals. The process of pet travel has multiple regulations that have to be abided and it may vary from one region to another.

Key Insights 

• As per the analysis shared by our research analyst, the global pet travel services market is estimated to grow annually at a CAGR of around 5.39% over the forecast period (2023-2030)
• In terms of revenue, the global pet travel services testing market size was valued at around USD 800 Million in 2022 and is projected to reach USD 1290 Million, by 2030.
• The market is projected to grow at a significant rate due to the growing adoption of pets
• Based on booking type segmentation, online bookings were predicted to show maximum market share in the year 2022
• Based on travel type segmentation, international was the leading type in 2022
• On the basis of region, North America was the leading revenue generator in 2022

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Pet Travel Services Market: Growth Drivers

Growing pet adoption rate to propel market demand

The global pet travel services market is projected to boom owing to the increasing rate of pet adoption which is witnessed across the world. There is a large section of the population that is more inclined toward adopting pets and taking care of them instead of reproducing biological children. This trend is observed amongst couples as well as single individuals. For instance, a 2021-2022 report submitted by the American Pet Products Association (APPA) concluded that almost 70% of the surveyed people are owners of a pet. The preference is induced by multiple factors including financial and biological. Furthermore, the global industry is expected to be encouraged by the growing importance given to the humane treatment of animals including stray and pets.

Pet Travel Services Market: Restraints

Stringent rules to restrict market expansion

Rules and regulations related to pet transportation differ from one region to another. There is a lack of standard procedure that exactly defines the requirements related to pet transport. This greatly restricts global sales volume in the pet travel services industry since consumers find the documentation and related processes extremely difficult to comply with, especially in countries that do not have defined arrangements in place. The requirement of health and vaccination certificates along with obtaining import permission can prove to be tedious for certain people thus acting as a barrier to further adoption of the services.

Pet Travel Services Market: Opportunities

Growing innovation to provide growth opportunities

The global pet travel services market is expected to witness higher growth opportunities owing to the increasing research & development programs conducted to make the pet transport process more comfortable for the pets as well as the owners. This can be seen in the launch of new strollers, backpacks, or pet carriers that are designed to enhance the pet transport experience. Furthermore, the owners are provided with external assistance from service providers to help them navigate through the confusing documentation process which is a major concern for any service consumer.

Pet Travel Services Market: Challenges

Maintaining service quality to act as a challenge during the expansion phase

Pet travel service providers can register sustainable growth only when the services are top-notch and the quality is superior to the competitors. Maintaining service quality remains a major challenge for various market players owing to the varying regulatory challenges along with an increasing number of players and the growing expectations from the end-consumers. For instance, consumers may expect same-day delivery which is hard to achieve for many businesses operating in the segment.

Pet Travel Services Market: Segmentation

The global pet travel services market is segmented based on travel type, pet type, booking type, application, and region

Based on travel type, the global market is segmented into international and domestic.

• In 2022, the global market registered the highest growth in the international segment which may continue with a high CAGR during the forecast period
• This is mainly due to the growing interest of pet owners to take their pets along with them on vacations that allow the pet to stay
• Furthermore, a growing number of expatriates, long-term international travelers, and foreign nationals in various countries are key contributors to segmental growth
• As per official data, almost 2 million pets board commercial flights every year

Based on pet type, the pet travel services industry divisions are cats, dogs, and others.

Based on booking type, the global industry is segmented into offline bookings and online bookings.

• There was a surge in online bookings in 2022 which was majorly influenced by the increase in traveler rate as a direct consequence of 2 years of Covid-19 related lockdown
• More pet owners are willing to spend extra money on ensuring pet comfort while traveling to a different location which is further encouraged by the availability of services allowing them to undertake such travel trips
• For instance, pet-friendly hotels have marked an increase in revenue by almost 29% post Covid-19

Based on application, the pet travel services industry is divided into relocation and transportation.

Recent Developments:

• In October 2022, Akasa Air, India’s low-cost airline, announced that it will start allowing pets on board as a means to encourage inclusive travel in the country. The company which was launched on August 7 of the same year started accommodating domesticated dogs and cats on the flight starting November 2022
• In April 2022, Avvinue, a pet travel startup in India, announced the beta launch on 11th April which is also National Pet Day. Avvinue is the country’s only self-service pet travel service provider and with the new launch, the platform became available for public testing
• In April 2022, Uber reported that it will now allow customers to travel with their domesticated dogs at an extra cost of £3.20. Services of Uber Pet can be enrolled for the same within London and in case of traveling outside the city, the cost will be £2

Pet Travel Services Market Report Scope:

Pet Travel Services Market: Regional Analysis

North America to lead with the highest market share

The global pet travel services market witnessed the highest growth in North America in 2022 which dominated more than 37.1% of the global market share. The region may lead in the coming years owing to the growing adoption of domesticated pets within households and the increasing demand of pet owners to accommodate pet-friendly services including transportation and stay. The countries of the US and Canada have been at the forefront of including pet travel as a means of encouraging inclusivity which is strengthened by the growing number of pet owners. IPATA currently has over 49 registered pet travel service providers in Canada and the US. Europe is expected to emerge with a high CAGR due to the growing number of players in the regional market which includes airlines and other commercial vehicles.

Pet Travel Services Market: Competitive Analysis

The global pet travel services market is led by players like:

• Citizen Shipper
• Airpets International
• World Care Pet Transport LLC
• Royal Paws
• Starwood Pet Travel
• Aark Air International Inc.
• Air Animal Inc.
• All Care Pet Transport.
• Jet Pet Global
• PetRelocation Inc.
• Happy Tails Travel Inc.
• Across the Pond Pets Travel.
• Blue Collar Pet Transport
• Fetchapet Ltd.
• Worldwide Animal Travel Ltd.
• Flypets UK
• Tails-A-Wagon Pet and Vehicle Transport
• Petport
• Cargolution Inc.
• Aeropets Worldwide.

The global pet travel services market is segmented as follows:

By Travel Type

• International
• Domestic

By Pet Type

• Cats
• Dogs
• Others

By Booking Type

• Offline Bookings
• Online Bookings

By Application

• Relocation
• Transportation

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa