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 growth of the United States pet wearable market is primarily driven by increasing pet ownership and the rising trend of treating pets as family members. 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:

The United States pet wearable market is experiencing significant growth, fueled by various trends and advancements that cater to the evolving needs of pet owners.

Key Drivers of Market Growth

• Increasing Pet Ownership:

• A growing number of households are welcoming pets, driving heightened demand for products that ensure the health, safety, and well-being of these animals.
• Humanization of Pets:

• The rising trend of treating pets as family members is leading to increased spending on pet care, including the adoption of wearable devices.

Technological Advancements

• Innovations in Wireless Communication:

• Advances in Bluetooth, Wi-Fi, and other wireless technologies have enabled the development of more sophisticated and reliable pet wearables.
• Enhanced Functionality and Appeal:

• These technological innovations have made it easier for pet owners to track their pets’ locations and health conditions in real time, promoting a proactive approach to pet care.
• Integration of AI and Data Analytics:

• The incorporation of artificial intelligence and data analytics into pet wearables allows for personalized insights, helping owners better understand their pets’ behaviors and health needs.

Increasing Awareness of Pet Health and Fitness

• Health and Fitness Monitoring:

• There is growing demand for devices that help monitor and manage pets’ fitness levels, driven by increased awareness of the health benefits of keeping pets active.
• Popularity Among Younger Demographics:

• Millennials and younger consumers are particularly inclined to use smart technologies to enhance their lifestyles and those of their pets.

Demand for Safety and Security Features

• Concern for Pet Safety:

• Pet owners, especially in urban areas, are increasingly concerned about the safety of their pets, leading to a rise in demand for GPS-enabled wearables.
• Peace of Mind:

• GPS trackers provide peace of mind by allowing owners to quickly locate their pets, reducing anxiety associated with potential loss.

Impact of COVID-19

• Increase in Pet Adoptions:

• The COVID-19 pandemic led to a rise in pet adoptions, with more people working from home and spending time with their pets.
• Strengthened Bond Between Pets and Owners:

• This strengthened bond has driven further demand for pet wearables, as owners seek to monitor and interact with their pets more closely.

Market Outlook

• Sustained Growth Expected:
  • The United States pet wearable market is poised for continued growth, driven by technological advancements, increased awareness of pet health and safety, and evolving consumer preferences towards smarter, more integrated pet care solutions.

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.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.  IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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