Pet Travel Services market COVID-19 Impact, Trends & Business Statistics By 2030

Pet Travel Services Market Set to Witness an Uptick during 2024 to 2030

San Francisco, 14 February 2024: The Report Pet Travel Services Market Size, Share & Trends Analysis Report By Pet Type (Dogs, Cats), By Travel Type (Domestic, International), By Application Type, By Booking Type, By Region, And Segment Forecasts, 2024 - 2030

The global pet travel services market size is expected to reach USD 3.73 billion by 2030, expanding at a CAGR of 9.69% from 2024 to 2030, according to a new report by Grand View Research, Inc. The key factors driving the growth include the rising pet ownership/adoption rates coupled with growing pet humanization trends, an increasing number of pet travel services in developing countries assured of safer transportation, and increasing pet-friendly tourism rates. One of the major drivers propelling the growth in demand for pet travel services is the growing demand for animal-friendly properties such as hotels, cafes, parks, and other facilities. For instance, according to Condorferries, a passenger & freight ferry service operator in the U.K., nearly 52% of surveyed pet parents reported that they would stay only at pet-friendly accommodations in their tourism.

Over half of the pet parents across the globe are traveling accompanied by their beloved furry friends. Earlier people were reluctant to book long-term vacation trips as a result of having pets at home without care. However, increasing tourism rates and pet-friendly transportation allowance in several countries have made pet travel services one of the growing industry trends in recent years. As per the article published by Condorferries, 42% of pet owners who bring animals while traveling are from 55 to 64 years old, making baby boomers more likely to be the target for pet travel services. It is also estimated that each year around 2 million pets are boarding commercial flights in the U.S. and the number is significantly increasing. According to American pet owners, 61% of dogs are more likely to enjoy travels within the U.S.

The COVID-19 pandemic hit the tourism sector to the core with numerous traveling plans & tour bookings canceled in the year 2020. This factor impacted the market greatly with the declined growth rate during the year, however, the growth quickly recovered in late 2021. Lockdowns have certainly increased pet adoption rates higher than ever before in several parts of the world. For instance, an article published in May 2021 by Frontiers Media S.A. reported that the U.K. witnessed a never seen spike in pet adoption rate during the pandemic that almost emptied the shelters. In addition, the owners spent a considerable amount of time with their companions enhancing their friendly attachment.

Post-pandemic has raised enthusiasm among people to resume their vacation trips along with their companion animals. According to a 2021-22 survey report published by American Pet Products Association, around 78% of American pet owners love traveling accompanied by their pets each year. Since 2003, the improvements in pet-friendly accommodations have perked up the interest of owners to tag pets along with them for their long international trips. As per Fivebarks, a participant in the Amazon Services LLC Associates Program, around 85% of U.S. dog travelers use cars as their mode of transportation, with 10.8% airplanes, followed by others. In addition, the same source suggests that around 79% of Americans travel with their dogs for vacation trips, with 11.3 for relocation purposes, followed by others.

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Market growth is propelled by factors such as increasing pet adoption rates & humanization trends, rising number of tourists traveling along with their companion animals, pet-friendly traveling services & hotels, and increased enthusiasm among people for traveling after the pandemic lockdowns. For instance, in 2021 Condorferries, a passenger & freight ferry service operator in the UK, reported that over 53% of global pet owners take their furry animals for holiday travels and 37% of families are now accompanied by four-legged pets for a complete family trip. This rate has significantly increased by 19% over the last decade.

Pet Travel Services Market Report Highlights

  • In 2023, the dogs segment dominated the market by pet type and generated the largest revenue share of over 59% in 2023. According to a survey study conducted among U.S. pet parents, about 61% of dogs enjoy traveling the country with their owners
  • The domestic segment dominated the market by travel type in 2023 with the highest revenue share and the international segment is anticipated to grow at the fastest CAGR over the forecast period
  • The transportation segment dominated the market in 2023 by application type owing to the increasing demand among pet parents for safer and more convenient commute facilities to pick up and drop off their furry beings
  • With the largest revenue share in 2022, the online & phone bookings segment dominated the market by booking type owing to their convenience in the documentation process
  • North America dominated the global pet travel services industry with the largest revenue share of over 37% in 2023. This is due to the region’s high per capita pet spending and large ownership rates

The COVID-19 pandemic has certainly increased pet adoption rates globally, coupled with people spending more time indoors along with their new companions. For instance, in the UK, 3.2 million households have had a new pet since the pandemic, with the country now holding 17 million pet-owning households. Around 59% of the entire UK population owns at least 1 companion animal, and over 67% consider pets as their family member. This significant shift in the pet humanization trend has involved such beloved animals in travel trips as vacation buddies. However, the pandemic and nationwide lockdowns took people far away from pet-friendly traveling abilities owing to restricted services. Therefore, the market was negatively impacted in 2020 and early 2021. However, it quickly recovered after the ease of restrictions.

Post-pandemic has freed travel enthusiasts from the shackles of the locked indoors. This has increased both domestic and international travel counts with extremely positive growth. As per the survey results conducted by industry leaders, the upcoming years will show overwhelming opportunities for pet-friendly travel plans. For instance, as per Condorferries, over 50% of pet owners across the globe intend to take their companion animals for travel trips in the current year (2023). The source also suggests that nearly 38% of surveyed pet parents reported that they would never travel without their furry friends. Similarly, according to the American Pet Products Association, 37% of Americans travel with their pets yearly. These factors are greatly contributing to the market growth.

Market Concentration & Characteristics

Pet owners seek all-inclusive services covering various aspects of pet travel, from transportation to accommodations. Key players are enhancing their offerings by providing end-to-end solutions, including pet relocation, staycations, and other specialized services, ensuring a seamless and stress-free experience for pet owners.

Pet Travel Services Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 2.14 billion

Revenue forecast in 2030

USD 3.73 billion

Growth rate

CAGR of 9.69% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

Pet traveling businesses have expanded their travel services to several new places to meet growing demands and need for smooth pet transportation. The related services, such as dog staycations and pet-friendly hotels, parks, cafes, and other places, have simultaneously boosted willingness of people to travel with their pets with the least concerns. After the pandemic, especially in 2022, bookings for pet travel have increased by more than a third compared to pre-pandemic period. Key players, such as Pet Relocation, are enhancing their strategic measures to overcome challenges concerning airlines and ground pet transportation where COVID-19 restrictions remain.

The market is highly competitive and fragmented with a large number of players. Some major companies, such as Airpets International and Pets Abroad UK have been transporting pets for over 30 to 50 years with several ranges of domestic and international travel plans. Aeropets Worldwide has relocated 38,620 pets from over 100 countries since its establishment in 2003.

Key Pet Travel Services Companies:

  • Airpets International
  • Air Animal, Inc.
  • Happy Tails Travel, Inc.
  • Royal Paws
  • Blue Collar Pet Transport
  • Citizen Shipper
  • Starwood Pet Travel
  • World Care Pet Transport, LLC
  • PetRelocation, Inc.
  • Worldwide Animal Travel Ltd.
  • All Care Pet Transport.
  • Tails-A-Wagon Pet and Vehicle Transport
  • Aark Air International, Inc.
  • Across the Pond Pets Travel.
  • Cargolution Inc.

 

 


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