PUBLISHER: SkyQuest | PRODUCT CODE: 1461623
PUBLISHER: SkyQuest | PRODUCT CODE: 1461623
Global Inflatable Pet Collars Market size was valued at USD 92.08 Billion in 2022 and is poised to grow from USD 96.87 Billion in 2023 to USD 145.31 Billion by 2031, at a CAGR of 5.2% during the forecast period (2024-2031).
Inflatable pet collars are becoming more and more popular among pet owners as a result of consumers' increased expenditure on animals and increased concern for their safety. Additionally, as more people become aware of the possible risks that Elizabethan collars and electronic collars pose to dogs, the market is growing. Similar to an aircraft pillow, this inflated collar prevents pets from licking by severely restricting their head movement. These products are lighter and softer than traditional cones, which increases pet visibility. E-collars totally obstruct peripheral vision, but they can cause discomfort, accidents, injury, and self-trauma to animals, which is bad for their wellbeing. Despite the fact that inflatable pet collars are more durable, adjustable, supple, pleasant, affordable, easy to clean, and available in a range of colors and sizes. Furthermore, a growth in pet ownership-especially in the United States and Europe-is fostering a need for innovative pet products and a surge in the acceptance of inflatable pet collars. 85 million American households are estimated to have pets now, growing from 56% in the 1980s to 68% in the most recent ten years, according to the American Pet Products Association. Regional Animal Services of King County saw a 20% rise in the pet adoption rate after placing 2,992 animals with new families. According to Best Friends Animal Society, a U.S. non-profit dedicated to animal welfare, 62 dogs and cats were placed in foster homes between March 16 and March 20, 2021.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Inflatable Pet Collars Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Inflatable Pet Collars Market Segmental Analysis
Inflatable Pet Collars Market is segmented on the basis of Application, Distribution Channels and region. By Application, the Inflatable Pet Collars Market is segmented into Dogs, Cats and Others. By Distribution Channels, Inflatable Pet Collars Market is segmented into Online and Offline. By region, the Inflatable Pet Collars Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Inflatable Pet Collars Market
Pet owners are becoming more aware of the necessities for the health and wellbeing of their animals. Instead of standard pet cones, they are searching for goods that would make their pets feel more at ease and less stressed. Many people believe that inflatable pet collars are a more pleasant and compassionate option.
Restraints in the Global Inflatable Pet Collars Market
Due to its lack of popularity and usage compared to more conventional pet cones, some pet owners might be reluctant to try inflatable pet collars. This mistrust may restrict the use of inflatable pet collars and hinder the industry's expansion.
Market Trends of the Global Inflatable Pet Collars Market
Pet owners are searching for products that can improve the quality of life for their furry friends as they become more concerned with the comfort and wellbeing of their animals. Pet owners are starting to use inflatable collars more frequently because they are a more pleasant and compassionate option than typical pet cones.