Global Inflatable Pet Collars Market by Distribution Channel (Online, Offline), by Application (Cats, Dogs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Inflatable pet collars are expected to grow at a 5.0% compound annual growth rate (CAGR), between 2020 and 2027. The market was worth USD 72.6 millions in 2019. Pet owners are paying more attention to their pets' welfare and spending more on them. This is driving the demand for inflatable collars. The market is also growing because pet owners are more aware of the possible negative effects of Elizabethan collars and e-collars. The inflatable collar is similar to an airplane pillow and prevents pets from licking their heads. These soft and lightweight products allow pets to see better than traditional cones.

Although e-collars do not block peripheral vision, they can have adverse welfare effects on pets such as discomfort, self-trauma and injury. Inflatable pet collars are much more durable, flexible, soft, comfortable, affordable, cleanable, and come in a variety of sizes and colors. Inflatable pet collars are also in demand because of the increasing number pet owners, especially in the U.S. According to the American Pet Products Association (APPA), pet ownership has increased from 56% and 68% over the past 30 years. This means that 85 million households have a pet in the U.S.

Regional Animal Services of King County also increased the pet adoption rate 20% after connecting 2,992 animals with new families in 2017 - compared to 2,467 in 2016. People are also investing more in pet adoption due to the global pandemic. In 2017, 2,992 animals were connected to new families. This is a significant increase from the previous year's 2,467. Best Friends Animal Society, an American non-profit animal welfare group, reported that 62 cats and dogs were placed in foster homes between March 16 and March 20, 2020.

There are more options for pet products that can be used in a short time than ever before because of the large number of people who work across all countries. Inflatable pet collars are in high demand because pet owners don't have the time or energy to spend with their pets every day. Manufacturers are focusing on the well-being of their pets and innovating on pet care products to meet rising pet spending. The American Veterinary Medical Association reports that overall pet industry spending increased by 4.4% in 2019 compared to 2017.

Application Insights

In 2019, 51.8% of the market share went to dogs applications. Inflatable pet collars are in high demand due to the increasing number of pets and patrol dogs for police officers. Inflatable pet collars are also being adopted by pet owners due to the rising number of overweight dogs that are more vulnerable to injury. USA Today reports that 55.8% of American dogs are overweight. Only 35% of British dogs are overweight.

Due to pet cat adoption, the cats market is expected to grow at a rate of 5.0% per year between 2020 and 2027. Around 370 million cats are kept as pets around the world. The American Pet Products Association's 2017-2018 National Pet Owners Survey found that there were 94.2 millions pet cats in the United States, with 42.7 million households. Inflatable pet collars have been in high demand due to increased pet adoption and sedentary lifestyles.

Distribution Channel Insights

In 2019, the offline distribution channel held the largest share at 86.7%. Manufacturers have long known this channel. Many consumers prefer to purchase products in brick and mortar shops because they can feel, touch, and test the product before purchasing it. These are the key factors that attract consumers to buy products from offline retailers, especially pet specialty shops. Traditional brick and mortar shops have helped retailers create a strong brand with unique customer experiences. Segment growth is expected to be influenced by the availability of many products from different brands, and the ability to compare prices and product attributes. Retailers also offer seasonal discounts, store credits, or discounted prices. These factors increase customer foot traffic to these stores. Local manufacturers offering products at a lower rate are likely to draw more customers to dollar stores, mass merchandisers, and club stores.

Online distribution channels are expected to experience the fastest growth with a CAGR at 5.9% between 2020 and 2027. Online distribution is growing due to the increasing number of diverse online shopping platforms such as company-owned portals and online retailers. Due to an increasing number of online shoppers, especially millennial pet owners who prefer e-commerce platforms, the online segment will see significant growth over the next few years. Online retail channels are losing market share due to convenience, pricing, personalization, and cost-competitiveness.

Regional Insights

North America accounted for 45.1% of the market's total share in 2019. The United States is one of the largest shareholders in this market. The American Pet Products Association estimates that 68% of American households owned a pet in 2017. The most popular pets are dogs and cats, accounting for more than 80% each of the country's pet population. The market is seeing more interest in pet adoption. The U.S. has seen a significant increase in pet spending. It was estimated that it reached over USD 95 billion in 2019. The American Veterinary Medical Association states that a majority of pet owners live in rural areas of the United States. These include Wyoming, Nebraska and West Virginia.

Asia Pacific is predicted to experience the fastest growth in forecast years, with a 6.2% CAGR from 2020-2027. Rising disposable income is driving pet adoption in countries like India, China, Indonesia and Indonesia. In India, there are many stray cats and dogs who get hurt in accidents on the roads. This situation presents a greater opportunity for the product in the country. According to Times of India, more than 1000 stray dogs were hurt in road accidents in Nagpur City of Maharashtra during September 2019. This was in just four months. According to Nagpur Municipal Corporation the number of accidents involving animals stray increased by 23% between 2014 and 2015.

Market Share Insights & Key Companies

A large number of regional and international players have characterized the industry. To gain market share, players have introduced new products. To capitalize on growth opportunities, key players have expanded their businesses into emerging markets. To expand their customer reach, companies are partnering with retailers. Calm Paws, a Calm Paws brand of Acorn Pet Products, has partnered with several retailers such as PetSmart and Petco, Amazon, Chewy.com and Pet Supplies Plus to sell its products both offline (and online). The market leader in inflatable pet collars is:

• KONG Company

• Acorn Pet Products

• REMEDY+RECOVERY

• PetAZ

• Aopuwoner

• QBLEEV

• Holysteed

• MorTime

• Warmpet

• Well & Good

• Fancar

Up Market Research published a new report titled “Inflatable Pet Collars Market research report which is segmented by Distribution Channel (Online, Offline), by Application (Cats, Dogs), By Players/Companies PetAZ, Acorn Pet Products, Aopuwoner, MorTime, Well & Good, Fancar, Warmpet, Holysteed, QBLEEV, KONG Company, REMEDY+RECOVERY”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Inflatable Pet Collars Market Report Segments:

The market is segmented by Distribution Channel (Online, Offline), by Application (Cats, Dogs).

Inflatable Pet Collars Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Inflatable Pet Collars Market

Overview of the regional outlook of the Inflatable Pet Collars Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Inflatable Pet Collars Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Inflatable Pet Collars Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Online

                2. Offline

                1. Cats

                2. Dogs

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Inflatable Pet Collars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Inflatable Pet Collars Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.