China Pet Wearable Market Size & Outlook, 2023-2030
China pet wearable market, 2018-2030 (US$M)
Related Markets
China pet wearable market highlights
- The China pet wearable market generated a revenue of USD 225.5 million in 2023 and is expected to reach USD 691.3 million by 2030.
- The China market is expected to grow at a CAGR of 17.4% from 2024 to 2030.
- In terms of segment, rfid was the largest revenue generating technology in 2023.
- GPS is the most lucrative technology segment registering the fastest growth during the forecast period.
Pet wearable market data book summary
| Market revenue in 2023 | USD 225.5 million |
| Market revenue in 2030 | USD 691.3 million |
| Growth rate | 17.4% (CAGR from 2023 to 2030) |
| Largest segment | Rfid |
| Fastest growing segment | GPS |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RFID, GPS, Sensors |
| Key market players worldwide | BARK Inc Ordinary Shares - Class A, Datamars, Fidelity Advisor Semiconductors A, Garmin Ltd, GoPro Inc Class A, Larsen & Toubro Ltd DR, Pet Valu Holdings Ltd, Mars Group Holdings Corp, Playtech PLC, Tractive |
Other key industry trends
- In terms of revenue, China accounted for 8.3% of the global pet wearable market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pet wearable market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 52.8 million by 2030.
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Pet Wearable Market Scope
Pet Wearable Market Companies
| Name | Profile | # Employees | HQ | Website |
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China pet wearable market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet wearable market will help companies and investors design strategic landscapes.
Rfid was the largest segment with a revenue share of 41.69% in 2023. Horizon Databook has segmented the China pet wearable market based on rfid, gps, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
The China accounted for a market share of 41.05% in 2023 and is expected to witness significant growth over the forecast period. Pet wearables integrated with cutting-edge technology and advanced features, such as GPS tracking and real-time health monitoring, are gaining immense popularity in China, a country known for rapid advances in technology.
Integration of precise health monitoring features based on Artificial Intelligence (AI) and Machine Learning (ML) into pet wearables is allowing pet owners to obtain personalized suggestions, a trend that corresponds to the preferences of tech-savvy Chinese consumers.
The significant technical improvements in pet wearables are not only enhancing pet owners’ experiences but are rather representing a broader trend of the way technology has increasingly been invading the daily lives of people in China.
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Target buyers of China pet wearable market databook
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Our clientele includes a mix of pet wearable market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China pet wearable market , including forecasts for subscribers. This country databook contains high-level insights into China pet wearable market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China pet wearable market size, by technology, 2018-2030 (US$M)
China Pet Wearable Market Outlook Share, 2023 & 2030 (US$M)
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