Pet humanisation is increasingly present in the Peruvian market, leading cat and dog pet owners not only to buy clothes for their pets but most importantly to buy better quality food and to be more serious about their healthcare.
Peru has been facing a negative situation as a consequence of political and social crises, increased inflation, all of which have been exacerbated by an international context. This in turn has led to a weakening of the country’s economy.
High inflation levels and the potential for an ongoing economic crisis over the forecast period will continue pushing consumers towards private label and lower-priced brands in order to reduce their expenses. Although cat litter may be a sensitive product for cat owners, this will not limit this category’s growth as private label products are well known and feature product names that are not related to the store.
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Understand the latest market trends and future growth opportunities for the Pet Products industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Pet Products industry in Peru, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Pet Products
This is the aggregation of cat litter, healthcare, dietary supplements and other pet products.
See All of Our DefinitionsThis report originates from Passport, our Pet Products research and analysis database.
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