Market Definition
Bicycle pet seats allow individuals to take their puffy friends on bike rides in a safe manner. Be it rear or front-mounted, pet seats provide the utmost comfort to both pets & riders and are well-designed to be installed on almost any modern-day adult bicycle.
Market Insights
The Global Bicycle Pet Seat Market is projected to grow at a considerable CAGR during the forecast period, i.e., 2022-27. Most of the market expansion would be propelled by the globally growing pet adoption, especially among nuclear families, childless couples, and individuals who want companion & emotional support while watching their little puffy mates enjoying bike rides alongside them.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| Regions Covered | North America: USA, Canada |
| South America: Brazil, Mexico, Argentina, Rest of South America | |
| Europe: The UK, Germany, France, Spain, Russia, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
| Middle East & Africa: Saudi Arabia, The UAE, Egypt, Turkey, South Africa, Rest of Middle East & Africa | |
| Key Companies Profiled | Buddyrider, DoggyRide, Ferplast, K&H Pet Products, Pawaboo, PetSafe, Petsfit, Pets Tavern, Snoozer, and Walky Dog, among others. |
| Unit Denominations | USD Million/Billion |
In addition, the rising trend of pet humanization & pet premiumization is also playing a crucial role in expanding the bicycle pet seat market size globally, as most people think of their pets as family & want to fulfill their different needs. Moreover, the ever-increased affinity of individuals for their pets, their growing willingness to spend on premium pet products, and the mounting focus of people on providing security & comfort to their pets are other crucial aspects amplifying the demand for bicycle pet seats worldwide.
A large number of people are becoming increasingly dependent on their pets for companionship and to bring a positive impact on their physical & emotional health. As a result, they are now being treated childlike, which is why pet owners, particularly the young generation & millennials, are always searching for unique pet products that are both appealing & durable. They are readily accepting or switching from existing products to new ones. Hence, the massive consumer spending worldwide on pet accessories is propelling the growth of the bicycle pet seat industry.
Moreover, more & more individuals have started carrying their pets to work & for traveling, which is another prominent reason pet seats are in high demand. The same trend is creating lucrative opportunities for the leading companies operating in the Global Bicycle Pet Seat Market to introduce more innovative, designer, & multi-functionality pet seats and yield significant revenue in the coming years.
