Pet travel services market globally to grow by 2030

Friday, January 12, 2024

By 2030, the worldwide market for pet travel services is predictable to go up to USD 3.73 billion, expanding at a CAGR of 9.69% during the time of 2024 to 2030, as per a recent report. The fundamental aspects propelling this progress comprise the increasing rates of pet possession and adoption combined with increasing pet humanization trends, an increasing number of pet travel facilities in emerging countries that guarantee harmless carrying of pets, and growing rate of pet-friendly tourism. 

One of the most important drivers boosting the progress in demand for pet travel services is the increasing demand for animal-responsive establishments like hotels, cafes, parks along with other conveniences. For example, as stated by Condorferries, which is a passenger and cargo ferry facility operator in the U.K., approximately 52% of pet parents assessed said that they would stay only at pet-friendly lodgings during their trip.

More than half of the pet owners around the world are traveling complemented by their adored furry companions. Beforehand, people could not think about going for long-term vacations because of having to keep their pets at home. Nevertheless, now, growing rates of tourism and pet-friendly conveyance permits in a lot of countries have made pet travel services one of the rising industry inclinations in current times. 

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