Pet Wearables Market

Global Pet Wearables Market is valued at USD 2943.1 Million in 2021 and expected to reach USD 7781.0 Million by 2028 with a CAGR of 14.9% over the forecast period. 

Pet Wearables Market: Global Size, Trends, Competitive, And Historical & Forecast Analysis, 2022-2028. Increasing demand for pet monitoring & tracking, rising obesity-related concerns in pets, and the growing pet population are some of the major factors driving the growth of the Global Pet Wearables Market. 

Scope of Global Pet Wearables Market Report:-

Pet wearables can be worn on a pet's body for a variety of purposes such as identification, tracking, monitoring, control, medical diagnosis, treatment, convenience, safety, and security. There are different types of pet wearables such as; smart collars, smart harnesses and vests, smart cameras, and other products. In addition, the use of pet wearables provides benefits, such as connecting humans to their pets, tracking their daily activities, and monitoring their health using these devices. This observation generates data for food intake, heart, and respiratory rates, and calories and patterns burned by pets throughout the day. The data generated by these devices is used to analyze pet health.  

The Covid-19 pandemic has also impacted the growth of the global pet wearables market. As a result of Covid-19, applications for adopted dogs and foster families have increased significantly. This is linked to the growing demand for pet wearables. During the pandemic, a number of people working from home, and pet adoption has become increasingly popular among pet lovers which has also supplemented the demand for pet wearables. However, the disruption of the supply chain network has affected the market growth.

The global pet wearables market is segmented based on product type, technology, application and region & country level. Based on product type, the global pet wearables market is segmented into smart collars, smart glasses, smart harnesses & vests, smart cameras, and other products. Based on technology, the global pet wearables market is segmented into GPS, RFID, and sensors. By application, the global pet wearables market is segmented into medical diagnosis & treatment, identification & tracking, facilitation, safety & security, and behavior monitoring & control.

The regions covered in the global pet wearables market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global pet wearables is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc. 

Global Pet Wearables Market Segmentation:-

By Product Type: 

• Smart Collar 
• Smart Glasses 
• Smart Harness & Vest  
• Smart Camera  
• Other  

By Technology: 

• GPS 
• RFID 
• Sensors 

By Application: 

• Medical Diagnosis & Treatment  
• Identification & Tracking  
• Facilitation  
• Safety & Security  
• Behavior Monitoring & Control

Key Players of Global Pet Wearables Market Report- 

Some major key players for the global pet wearables market report cover prominent players like

• PetPace
• Ridogulous Labs
• Invisible Fence
• High Tech Pet Products
• Whistle Labs
• IceRobotics
• Nedap
• Otto Petcare
• Motorola Mobility LLC
• Dropcam
• Dairymaster
• i4c Innovations
• Pet Vu
• Garmin Ltd.
• DeLaval
• Silent Herdsman Limited
• Binatone Global
• Cybortra Technology Co
• FitBark Inc.
• Garmin Ltd.
• KYON
• Loc8tor Ltd
• Mars Incorporated (Whistle Labs Inc.) Link AKC
• Others.

Recent Developments

News- Smart Tracking Technologies, LLC and Petriage Announced Partnership 

On January 10th, 2022; Petriage is a pet health technology company that provides fully integrated telehealth services Link Smart Pet Wearable by Smart Tracking Technologies, LLC had a unique partnership, with a technology leader in smart pet wearables, a fast-growing market. This collaboration marks the brand's goal of incorporating real-time pet health information into smart pet wearable devices, a brand-new link to smart tracking technologies from Patrice's AI-powered symptom analysis tool. 

Smart Tracking Tech. LLC & Chewy.com Launched Smart Pet Wearables 

On October 5th, 2021; Smart Tracking Technologies, LLC announced the launch of the all-new Link Smart Pet Wearable, which is now only available on Chewy.com and LinkMyPet.com. A recent study by the Association for Pet Obesity Prevention found that more than half of dogs are overweight which leads to serious illnesses and shortens their lifespan. 

Xiaomi Launched PetBit, a Fitness Tracker for Pets 

On June 13th, 2018; Xiaomi entered the pet wearable market by launching a new fitness tracker called FitBit (sounds like FitBit) for pets. The PetBit has a squirrel design, measuring 5.04 x 4.6 x 1.83 cm and weighing 26 grams. It is available in two colors Silver / White and Graphite / Black and can be easily attached to a dog's harness. 

Increasing Demand for Pet Monitoring & Tracking, Rising Obesity-Related Concerns in Pets, and Growing Pet Population are Some of the Major Factors Driving the Growth of the Global Pet Wearables Market 

One of the major factors driving the growth of the pet wearables market is the increasing demand for pet monitoring & tracking. The pet wearable offers a wide variety of services, including grooming, pet day-care, nutritional supplements, and new options such as wearable communication equipment for pets. Many industries such as pet food, pets, etc. have grown rapidly in recent years. Pet wearables do more than just keep track of pets; Other value-added services such as fitness tracking, step tracking, sleep tracking, and behavior tracking are constantly being developed, which is anticipated to boost the market growth over the forecast period. For instance; in May 2022, PurrSong, Inc. launched its LavvieTag, a cat smart-care wellness tracker. It empowers pet people to gather their cat's daily running, walking, sleep, and calorie utilization with LavvieTAG's Action Investigation Sensor. 

In addition, the rising obesity-related concerns in pets is also supplementing the growth of the pet wearables market. There is now ample evidence that excess fat deposits in dogs are associated with a number of serious health complications, including osteoarthritis, hypertension, and cancer. Increased obesity-related anxiety in pets will lead to the adoption of advanced health monitoring equipments. This has increased the demand for innovative pet wearables to accurately monitor the health and well-being of pets. These devices help to quickly identify diseases and behavioural problems in pets. It constantly collects vital signs to warn pet owners about illness, stress, or other health-related problems. For instance; according to Pet Obesity Prevention, in 2018, approximately 60% of cats and 56% of dogs in the United States were overweight or obese.  

Moreover, the growing pet population is also augumenting the market growth. Due to the growing number of pets across the country, smart pet wearable devices, such as security cameras & smart harnesses, are gaining huge popularity in the market. These devices allow pet owners to remotely monitor their pet’s activities through their smartphones, enhancing the safety and security of the pet. For instance; according to Insurance Information Institute, the number of uninsured pets in the United States at the end of 2021 was 3.9 million, an increase of 28% since 2020.  

However, the high consumption of power associated with pet wearables and lack of public awareness may hinder the growth of the global pet wearables market. Despite that, the rising number of advancements in this field may create more opportunities for the further growth the market. 

North America is Expected to Capture a Major Share in the Global Pet Wearables Market 

North America is expected to capture a major share in the global pet wearables market within the forecast period due to the increasing number of missing pets, rising disposable income, and growing awareness of pet health in this region. An increasing number of missing pets is driving the growth of the market. This has encouraged market players to introduce innovative pet wearable equipment to prevent pet damage. For instance; according to April 1st, 2019; an estimated 10 million pets are lost in the United States. In addition, the rising disposable income is another factor boosting the market. For instance, according to the Bureau of Economic Analysis, the state's personal income will grow by 7.4 percent in 2021, up from 6.6 percent in 2020 in the United States.  

The Asia Pacific is the fastest-growing region in the global pet wearables market due to the increasing popularity of companion animals, the presence of key players, and the government to focus on implementing RFID devices into the pet’s skin in this region. For instance; as per the news published on December 13th, 2019; a startup launched 'Wagr', a wearable to track the real-time location of pets. The device is as little as 6cm x 4cm, Wagr can be joined to a dog's choker which will empower the animal owner to follow its movements and location continuously. Also, increasing focus of government on implementing RFID devices into the pet’s skin also drives the market growth in this region. For example; in August 2019, the Indian government passed a regulation that needs pet owners to get their pets microchipped and enlisted with the Kennel Club of India (KCI). The regulation has made it compulsory for dogs to have microchips to avoid the distortion of breeds. 

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 2943.1 Million
Base year considered	2021
Forecast Period CAGR %:	14.9%
Market Size Expected in 2028:	USD 7781.0 Million
Tables, Charts & Figures:	175
Pages	200
Pet Wearable Companies	PetPace, Ridogulous Labs, Invisible Fence, High Tech Pet Products, Whistle Labs, IceRobotics, Nedap, Otto Petcare, Motorola Mobility LLC, Dropcam, Dairymaster, i4c Innovations, Pet Vu, Inc., Garmin Ltd., DeLaval, Inc., Silent Herdsman Limited, Binatone Global, Cybortra Technology Co, FitBark Inc., Garmin Ltd., KYON, Loc8tor Ltd, Mars Incorporated (Whistle Labs Inc.), Link AKC, Others.
Segments Covered	By Product Type, By Technology, By Application
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa