Summary
The global Pet Transport Service Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Pet transports service is a type of service that caters to pets who need to be transported from one location to another, whether that's because of illness, injury, or simply because of lost possessions. A number of pet transport companies have been around for several decades, providing reliable service to transport pets.
The advent of advanced logistics services in pet transports service is predominantly fueling the growth of the pet transports service market. This industry provides proper relocation of pet and this simultaneously reduce the death rates of the pet during transportation. Moreover, penetration of blockchain technology in the logistics industry which enables people to stay connected to their pets in transit is again propelling the growth of the pet transports service market. Also, integration of IoT sensors in transport capability to deliver pet holders with full security of pet is further anticipated to augment the growth of the market. For instance, in April 2020, Particle, the edge-to-cloud IoT platform built to connect the unconnected announced its new Tracking System to provide organizations with the ability to track the locations of a wide variety of mobile assets with its powerful, configurable, extensible, and field-ready solution.
From the geographical point of view, North America is projected to gain significant growth over the forecast period and this is attributed to the high adoption rate of pets among owners. According to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA), Sixty-seven percent of U.S. households, or about 85 million families, own a pet.
Key Developments
- In October 2019, IAG Cargo has partnered with Cargo Signal to offer a new tracking service for cargo. Cargo Signal, a wholly-owned subsidiary of Expeditors International, is a sensor-based logistics platform that uses Internet of Things (IoT) technology to improve decision making, tracking, and efficiency of air cargo.
- In August 2019, Uber has launched a new pet transportation service in Hong Kong to help passengers carry their pampered pooches and cats around the city
- In August 2018, Dubai carrier has launched Emirates Pets to offer airport to airport transportation for pets across its network of over 160 destinations
- In February 2019, IAG Cargo has launched a new pet transportation service on flights from the UK through its partnership with PetAir UK, alongside its sister company British Airways.
The Pet Transport Service Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Pet Transport Service Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- American Airlines
- Delta Air Lines
- United Airlines
- FedEx
- Amerijet
- Southwest Airlines
- DSV
- Air France
- IAG Cargo
- Lan Cargo S.A.
- Copa Airlines
By Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- split into
- Personal
- Commercial
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Pet Transport Service Market Report:
- To assess the size of the market by value and volume
- Analyze the Pet Transport Service Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Pet Transport Service Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Pet Transport Service Market
The Pet Transport Service Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Pet Transport Service Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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