Pet Wearable Market – United States

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 12.60% (2024-2032)

The U.S. Pet Wearable Market is experiencing significant growth, driven by consumer preferences for convenience and time-saving solutions. According to the latest report by IMARC Group, The United States pet wearable market is projected to grow at a CAGR of 12.60% from 2024 to 2032.

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United States Pet Wearable Industry Trends and Drivers:

Increasing Pet Humanization Trend

• More people treat pets as family members
• Rising demand for products enhancing pet health, safety, and well-being
• Pet wearables provide valuable insights into pets’ activities and health status
• Informed decisions about pet care contribute to improved overall health and longevity

Rise of Smart Technology and IoT

• Development of advanced pet wearables with real-time data tracking and analysis
• Further fueling market growth

Growing Awareness and Concern for Pet Safety and Security

• Popularity of GPS-enabled collars and tracking devices
• Quick and efficient location of lost pets
• Integration of geofencing technology allows setting virtual boundaries
• Alerts if pets stray beyond designated areas enhance pet safety
• Health monitoring devices track vital signs, activity levels, and behavior patterns
• Early detection of illness or discomfort enables timely veterinary intervention

Advancements in Technology

• Increasing availability of user-friendly devices
• Innovations in wearable technology:
  • Lightweight and durable materials
  • Longer battery life
  • Improved sensor accuracy
• Integration of mobile apps and cloud-based platforms for seamless data synchronization and remote monitoring

Growing Popularity of Pet-Related Social Media and Online Communities

• Pet owners share experiences and recommendations
• Drives awareness and adoption of pet wearables

Rising Disposable Incomes and Willingness to Spend on Pet Care Products

• Increased investment in premium and high-tech products offering enhanced functionalities and benefits

Expanding Pet Insurance Industry

• Insurers offer discounts and incentives for policyholders using health monitoring devices
• Encourages tracking and managing pets’ well-being

United States Pet Wearable Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest United States pet wearable market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

The report has segmented the market into the following categories:

Product Insights:

• Smart Collar
• Smart Vest
• Smart Harness
• Smart Camera
• Others

Technology Insights:

• GPS
• RFID
• Sensors
• Others

Application Insights:

• Identification and Tracking
• Monitoring and Control
• Medical Diagnosis and Treatment
• Facilitation, Safety and Security

End User Insights:

• Households
• Commercial

Distribution Channel Insights:

• Modern Trade
• Franchised Outlets
• Specialty Stores
• E-Commerce
• Others

Regional Insights:

• Northeast
• Midwest
• South
• West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

• Garmin Ltd.
• High Tech Pet Products Inc.
• PetPace LLC
• Whistle Labs Inc. (Mars Incorporated)

Request for customization:  https://www.imarcgroup.com/request?type=report&id=20649&flag=F

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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