Pet Products

In 2024, pet products in South Korea is set to maintain the trend seen in 2023, displaying overall resilience, but each category exhibiting its own growth trajectory. Cat litter, for example, is expected to see continued consistent and robust…

Value sales of pet products in Hong Kong continue to show consistent growth due to increasing demand for evolving and convenient products that promote co-sharing between pets and owners. Technological innovations, such as smart cat litter systems,…

After many years of double-digit current value growth for pet products in China, growth slowed to single-digit in 2023, and a further slowing of growth is expected in 2024, although remaining solid. The growth of cat litter is expected to stabilise…

With the removal of pandemic restrictions, there was increased mobility for travel and leisure activities in 2022, and this has continued in 2023. Public transportation such as rail and air has witnessed steep demand for both short and longer trips.…

As the number of pets is on the rise in the country, increased pet ownership has expanded the demand for pet food, with more pet owners willing to spend on products that can take care of the health and quality of life of their pets. This trend is…

Pet products saw a slight downturn in demand during 2020 and 2021, as some low- and mid-income consumers reduced their spending on non-essential items due to the economic impact of the pandemic on their disposable incomes. However, thanks to a…

Cat litter is set to record more moderate current value growth in 2023 compared with 2020 and 2021, with many cat owners heading back to the office or travelling overseas as pandemic restrictions have eased. Singaporeans are spending less time at…

Despite increasing budget concerns among Filipinos, pet healthcare continues to be a critical factor for pet owners. As a result, pet health and nutrition products such as vitamins and supplements, are sustaining growth within the pet products…

The surge in living costs due to inflation is limiting spending more on other pet products, especially toys, and pet healthcare, unless pet health issues are persistent. At the same time, there is little marketing activity on the importance of…

The trend of humanisation in pet ownership has led to an increase in regular check-ups and vaccinations for pets, driving up sales of pet healthcare products. Online consultations through platforms such as Halodoc, which were previously targeted for…

With the ongoing shift toward pet humanisation, pet healthcare was amongst the fastest-growing categories in pet care in Thailand in 2022, and this is set to continue in 2023. As pet ownership has been transforming towards “pet parenting”, whereby…

Pet products is expected to see current value growth in 2023, supported by continuous growth in pet hygiene products. Pet hygiene products, such as toilet products and nappies, are set to see strong growth due to rising awareness of hygiene amongst…