The global Pet Wearable Market size is projected to account for USD 4.6 billion by 2027, according to a report published by Million Insights. Growing pet humanization has resulted in the rise in spending on pet care and safety, which, in turn, has supplemented the growth of the market. Wearable devices help in tracking and identifying various health parameters of pets.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/pet-wearable-market/request-sample
Market Synopsis of Pet Wearable Market:
As estimated by APPA, the United States spent USD 72.1 billion on pet care in 2018. This expenditure is anticipated to increase further owing to the rise in the number of pet adoption. Several countries in Asia Pacific such as India and China are also witnessing high spending on the pet.
North America accounted for the highest share in the market in 2019, primarily because of a large number of pets such as cats and dogs. In addition, increasing awareness about pet well-being in the country has further supplemented the growth. Besides, Asia Pacific is likely to witness the highest growth in the market as people have increased their spending on pet care. China and India are the major countries attributing to the growth of the Asia Pacific.
Major market players are Konectera Inc., Intervet Inc., Datamars; Fitbark, Invisible Fence and Allflex USA among others. The market is also witnessing the entry of several new players who are introducing innovative solutions. Several strategic initiatives undertaken by market players are new product developments, merger & acquisition, partnerships and others.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/pet-wearable-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Pet Wearable: Market Variables, Trends & Scope
Chapter 4 Pet Wearable: Product Estimates & Trend Analysis
Chapter 5 Pet Wearable: Application Estimates & Trend Analysis
Chapter 6 Pet Wearable: End-use Estimates & Trend Analysis
Chapter 7 Pet Wearable: Industrial End-use Estimates & Trend Analysis
Chapter 8 Pet Wearable: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Pet Wearable: Manufacturers Company Profiles
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.