Pets such as dogs and cats are faithful companions for humans; but they also are a huge responsibility. Pet owners need to take care of their pet’s food and health every day and when they travel. Pet bubble backpack is a bag designed to carry small pets such as dogs and cats. These backpacks have innovative designs like space bags which helps pets to move. Some bags have a folding pattern which is easy to carry. North America and Europe are hold major share in the pet bubble backpack market due to the escalating rate of adoption and ownership of pets in these regions. Europe has maximum ownership of dogs in the world. Rising adoption of pets and growing awareness about their health is fueling the pet bubble backpack market in the Asia Pacific region.
Pet Bubble Backpack – Competitive Landscape
The global pet bubble backpack market is highly fragmented due to the presence of numerous international and domestic players. The manufacturing cost of a pet bubble backpack is low which creates risk of new entry in the market. New entrants further increase competition between players. Key players are focusing on product development and launching new products in order to reduce the impact of competition on sales.
- In May 2019, Jackson Galaxy, a cat behavior and wellness professional had made partnership with Your Cat Backpack, a pet product manufacturing company, and together launch Jackson Galaxy-branded convertible carrier which is designed by Jackson himself. The Jackson Galaxy Convertible Cat Backpack is an upgraded version of the original “The Fat Cat” backpack design.
- Market players in the Pet Bubble Backpack are focusing on product innovation and technological advancement by investing in R&D facilities.
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Petsfit
Founded in 2009, Petsfit, a key player in the Pet Bubble Backpack market and has involve in designing and manufacturing of several pet care products including dog houses, per carriers etc. company has its own factory and warehouse for storage.
Prefer Pets Travel Gear
Prefer Pets Travel Gear is a brand established in 2006 and involve manufacturing and retailing pet carriers. Company’s product portfolio includes totes, duffels and backpacks.
MidWest Homes for Pets
Midwest Homes for Pets is established in 1921 and it is a division of Mid-West Metal Products. Product portfolio of company involves Crates, Small Animal Modular Habitat Systems, Birdcages, Pet Enclosure Furniture, Pet Bedding, and Accessories. Company manufactures products for all pets including cats, dogs, small animals etc.
Some players active in the global pet bubble backpack market include Outward Hound, , Mr. Peanuts, Paws & Pals, Go Pet Club, Ferplast SpA, and others. High degree of competition exists between players operating in the global pet bubble backpack market. Manufacturers are consistently focusing on innovation and development of new production techniques in order to reduce manufacturing cost and offer new products. This is expected to maintain their share in the market during the forecast period.
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Pet Bubble Backpack – Dynamics
Changing cultural and socio-economic factors are expected to boost market growth.
Pet owners consider their pets as family members due to changing cultural and socio-economic factors, which is expected to boost the pet bubble backpack market across the globe. The growing trend of nuclear families is expected to boost the pets market which encourages the pet bubble backpack market. Increasing disposable income of pet’s owners belonging to middle-income families is also supporting the growth.
Rise in numbers of local players may hinder the growth of market.
However, a rising number of local vendors are anticipated to lead to low quality and counterfeit products. This factor is expected to hinder the global pet bubble backpack market during the forecast period.
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