Pets are part of the family in the majority of households worldwide. Dogs are the most popular pet, owned by 33% of respondents, with cats coming in second, at 23%, according to more than 27,000 online consumers whom GfK surveyed in 22 countries. The pet industry consists of many significant branches: pet food and treats, vet care, supplies & accessories, insurance, etc. Pet products refer to products and supplies intended for consumption by pets (including dog, cat, fish, bird, rabbit, etc.) Pet products generally consist of stain and odor control products, healthcare, collars, feeders, crates and carriers, toys, grooming accessories, etc. The rise in pet humanization has led to consumers spending significantly on pet supplements, healthcare products, toys, accessories, and other related products to keep them active, healthy, and happy. The pet products market in Hong Kong is likely to register a CAGR of over 6.7% with an incremental growth of USD 241 million during the forecast period 2022-2028.
This industry report offers market estimates of the Hong Kong market, followed by a detailed analysis of the product, and distribution channel. The Hong Kong market data on pet products can be segmented by product: grooming products, pet healthcare, stain & odor control products, others. Pet products market is further segmented by distribution channel: e-commerce, pet specialty stores, supermarkets & hypermarkets, veterinary clinics, others.
The Hong Kong pet products market is highly competitive. Top players covered in Hong Kong Pet Products Market Study are Bio-Derm Laboratories Inc., Unicharm Corporation, Johnson’s Veterinary Products Ltd, The Clorox Company, Nestle S.A., FibreCycle Pty Ltd. (Kent Pet Group Inc.), OurPet’s Company, Azmira Holistic Animal Care, Mars Incorporated, Health & Happiness Group International Holdings Ltd. (H&H Group), Radio Systems Corporation.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 6.7% |
| Pages | 20 |
| Key Players | Bio-Derm Laboratories Inc., Unicharm Corporation, Johnson's Veterinary Products Ltd, The Clorox Company, Nestle S.A., FibreCycle Pty Ltd. (Kent Pet Group Inc.), OurPet's Company, Azmira Holistic Animal Care, Mars Incorporated, Health & Happiness Group International Holdings Ltd. (H&H Group), Radio Systems Corporation |
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