The considerable growth in pet ownership, coupled with an increased interest from owners to provide their pets with better quality products, has facilitated the industry's expansion. Technology advancements, especially e-commerce, have influenced this development significantly, enabling wider accessibility to a range of pet products. The market's evolution is not only...
Discover more insightsThe global market for pet stores has been marked by impressive growth, driven by a combination of increased pet ownership, particularly in mature markets, and enhanced spending on pet products and services. As disposable income has risen, prospective and current pet owners have shown a greater propensity to spend on...
Discover more insightsAs disposable consumer income rises, the importance accorded to pet products durability increases. In this vein, the market shows a growing propensity towards investing in long-lasting, well-constructed items rather than disposable solutions; it is a trend noteworthy for it hints at an altered consumer mindset. Instead of pursuing short term...
Discover more insightsSpecialised stores have a substantial influence on the plant and floral retail market due to their unique positioning. Their primary advantage lies in their ability to cater to specific customer needs, and their capacity to offer in-depth knowledge about the product range. This not only fosters customer trust but also...
Discover more insightsThe pet industry has seen a remarkable surge in innovative product offerings in recent years. Premiumization is one key trend, as pet owners increasingly seek high-quality, often organic products for their pets. In addition, personalized products are also gaining popularity, with consumers increasingly looking for tailor-made solutions that meet the...
Discover more insightsConsumers are placing an increasing amount of emphasis on the health and wellness of their pets. To align with this trend, the pet food industry is shifting towards higher quality ingredients and specialized dietary recipes. Organic, grain-free and GMO-free pet foods are growing in popularity. Additionally, the industry is beginning...
Discover more insightsBlue Buffalo Pet Products, a prominent player in the pet food industry, has consistently demonstrated strong market performance. This can be attributed to the company's commitment to manufacture high-quality pet food, using real meat, vegetables, and fruits. Despite stiff competition, the company has maintained a significant market footprint, fulfilling a...
Discover more insightsThe pet food and supplies industry is not insulated from global industry dynamics. The industry is influenced by macroeconomic trends such as disposable income, urbanisation, cultural shifts, and lifestyle changes. Factors such as the rise of the middle class in developing countries, increasing pet ownership, and greater consumer awareness regarding...
Discover more insightsGlobal markets are increasingly skewing toward more environmentally friendly materials as both consumers and regulatory bodies demand more sustainability. Bio-based PET, derived from biological sources such as sugarcane, has attracted attention due to its potential as an eco-friendly alternative to traditional, fossil-based PET. As a similar material in terms of...
Discover more insightsRecent years have witnessed a surge in demand for pet products, fueled primarily by factors such as increasing pet ownership, rising disposable income, and the humanization of pets. A trend towards premium, all-natural, and specialty pet items, along with technological integration, has also emerged. This shift mirrors a broader societal...
Discover more insightsIncreasing environmental concerns and the consequent need for sustainable packaging solutions have been integral to the surge in demand for Polyethylene Terephthalate (PET) preforms. With PET’s inherent recycling capability, businesses in the fast-moving consumer goods sector are particularly drawn to adopting this solution. Moreover, expansion of the food and beverage...
Discover more insightsThe interest in pet skin and coat care products is primarily fuelled by an evolving consumer consciousness about pet health coupled with an increased discretionary income. This shift is led by the realization that pet well-being transcends primary needs, extending to specialized care. Today's pet owner is more likely to...
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