What is Pet Bag?
Pet Bag is the bag for pet daily life including pet food, pet toy, and pet poop. These bags come in various styles, features, colors, as well as sizes. An increase in pet ownership is one of the major factors driving the growth of the market.
The market study is broken down, by Application (Dog, Cat and Other) and major geographies with country level break-up.
Analysts at AMA Research estimates that Vendors from United States and Chinese will contribute to the maximum growth of Global Pet Bag market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sherpa Pet (United States), Quaker Pet Group (United States), Gen7Pets (United States), Tianjin LePet. Co.Ltd (China), Kurgo (United States), Shenzhen D-Jeesian Bags Co., Ltd. (China) and Shanghai Jinwang Luggage Travel Products Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Pet Bag market by Type, Application and Region.
On the basis of geography, the market of Pet Bag has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Pet Bag market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Premiumization of Pet Bag Products
- Omni Channel Retailing
Market Drivers
- An Increase in Pet Ownership
- Preference of Owners toward Buying Superior Products for Their Pets
- Increase in the Standard Of Living and Disposable Income
Opportunities
- Emerging Demand From Developed As Well As Developing Countries
Restraints
- Lack of Awareness among the Consumers
Analyst View
There has been significant rise in pet ownership especially in developed countries as in the United States alone, over 85 million families own dog as per 2017-2018 data of American Pet Products Association (APPA). Rise in pet ownership is fuelled by the growing pet care spending owing to increasing disposable income. In addition, inclination of the millennials towards pet adoption has been on the rise and they are willing to spend their time and money for pet care. According to estimates provided by American Society for the Prevention of Cruelty to Animals (ASPCA), annually adoption of over 3.2 million animals is done within the U.S. region.
Key Target Audience
Pet Bag Manufacturers, Pet Bag Traders/Distributors, Pet Bag Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.