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Central Europe Smart Pet Accessories Market Segmentation by Product Type (Pet Doors, Pet Feeders, Tracking Collars, Tracking Harness, Pet Housing, Pet Bedding, Accessories, Grooming Products, Training & Others); by Connectivity (Bluetooth, Wi-Fi, Cellular, & Others); by Power Source (Chargeable, & Non-Chargeable); by Pet (Dog, Cat, & Others); by Distribution Channel (Online, & Offline); and by End User (Residential, & Commercial) – Demand Analysis & Opportunity Outlook 2019-2028

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Extensive insights into the Growth of Central Europe Smart Pet Accessories Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

  • July 9, 2020: Tractive GmbH announced that it has launched an activity monitoring feature for their GPS tracking devices for dogs and cats. The newly added feature will help pet owners to monitor and care about their pet’s health.

  • November 17, 2019: FitBark Inc. announced that it has launched the health and location tracker, FitBark GPS, which will help pet owners to find their pets whenever the pets leave or enter one of the safe marked areas.

Central Europe Smart Pet Accessories Market Highlights Over 2019 - 2028

The Central Europe smart pet accessories market garnered a revenue of USD 4514.6 Thousand in 2019 and is further expected to reach USD 6708.1 Thousand by the end of 2028, by growing with a CAGR of 4.6% during the forecast period, i.e., 2020-2028. The growth of the market can be attributed to the rise in demand for remote monitoring of pets for enhanced pet safety, increasing need to understand pet behavior, growing adoption of pets, rise in expenditure for pet care, and for the increasing availability of pet tech startups. Moreover, growing advancements in the development of active health tracking, feeding and monitoring devices for pets, along with the increasing availability of luxury pet products and the demand for such products amongst millennials, are some of the other factors anticipated to drive the market growth.

Central-Europe-Smart-Pet-Accessories-Market

The adoption of pet in Europe has grown significantly over the years. According to the statistics by the European Pet Food Industry (FEDIAF), in the year 2020, the total number of cats, dogs, birds, small mammals, aquaria, and reptiles owned by pet owners in Europe registered to 110096139, 89826097, 51923027, 29783827, 15397244, and 9041070 numbers respectively. Moreover, the statistics also stated that 88 Million households, or 38% of all households in the region, owned at least one pet animal. CLICK TO DOWNLOAD SAMPLE REPORT

Count-of-Different-Types-of-Pets-Adopted-in-Europe

Backed by the growing adoption of pets in Europe, there is a rise in awareness for pet safety amongst individuals, which in turn is anticipated to drive the demand for pet accessories. Moreover, with the increasing working hours of individuals in the region, there is a rising need amongst pet owners to monitor their pets from their work places, which is driving the need for smart pet accessories. These accessories help pet owners to take proper care of their pets, especially when they are not present physically with their pets. Besides this, the accessories also help to analyze pet behavior and allows owners to understand their pets better. Pet accessories also help owners to monitor their pet’s health continuously. Such factors are anticipated help the market to grow significantly over the coming years.

Central Europe Smart Pet Accessories Market Regional Synopsis

The Central Europe smart pet accessories market is segmented on the basis of country into Austria, Czech Republic, Hungary, Poland, Romania, Russia, and Slovak Republic. Amongst these countries, the market in Poland is anticipated to hold the largest market share of 19.53% by the end of 2028 and further attain a market revenue of USD 1310.3 Thousand in the same year, up from a revenue of USD 817.6 Thousand in 2019. The growth of the market in the country can be attributed to the stringent regulation of the government of the country to implant microchips in pets so as to prevent homelessness of these pets. Moreover, presence of a strong pet population in the country, followed by the increasing urbanization, are some of the additional factors anticipated to drive the market growth. The market in the country is also anticipated to grow with the highest CAGR of 5.5% during the forecast period. On the other hand, the market in Russia is anticipated to hold the second largest share and further reach a market revenue of USD 1253.4 Thousand by the end of 2028.

Growth Drivers and Challenges Impacting the Growth of the Central Europe Smart Pet Accessories Market

Growth Drivers

  • Increasing Need Amongst Pet Owners for Monitoring their Pets
  • Rise in Availability of Luxury Pet Products

Challenges

  • Lack of Awareness for Smart Products Amongst Several Individuals
  • High Costs of Device as well as for its Maintenance

Central Europe Smart Pet Accessories Market Segmentation Synopsis

The Central Europe smart pet accessories market is segmented by product type into pet doors, pet feeders, tracking collars, tracing harness, pet housing, pet bedding, accessories, grooming products, training & behavior products, and others. Amongst these products, the pet doors segment is anticipated to hold the largest market share throughout the forecast period and further attain a market revenue of USD 1852 Thousand by the end of 2028. The segment is further divided into microchip flap, microchip door, and connected doors, out of which, the connected doors segment is projected to grow with the largest revenue of USD 867.4 Thousand by the end of 2028, up from USD 559.5 Thousand in 2019. Based on connectivity, the market is segmented into Bluetooth, Wi-Fi, cellular, and others, out of which, the Wi-Fi segment is projected to hold the largest market share and attain a revenue of USD 2273 Thousand by the end of 2028. Based on power source, the market is segmented into chargeable, and non-chargeable, out of which, the chargeable segment is anticipated to hold the largest market share and grow with the highest CAGR of 4.8% during the forecast period. Further, the market is segmented by pet into dog, cat, and others. Amongst these segments, the dog segment is anticipated to hold the largest market share during the forecast period. The segment is further expected to reach a market revenue of USD 4117.5 Thousand by the end of 2028 by growing from a revenue of USD 2733 Thousand in 2019.

Central-Europe-Smart-Pet-Accessories-Market-Value

The market is further segmented by distribution channel into online, and offline, out of which, the online segment is projected to grow with the highest CAGR of 4.7% during the forecast period. Additionally, the market is also segmented by end user into residential, and commercial. Amongst these segments, the residential segment is anticipated to grow with the highest CAGR of 4.7% during the forecast period.

Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the Central Europe smart pet accessories market that are included in our report are FitBark Inc., Tractive GmbH, PetPace, Ferplast S.p.A., Garmin Ltd., Tail it Technologies AS, Petwalk Solutions GmbH, SureFlap Ltd., Merck & Co., Inc., Doskocil Manufacturing Company, Inc. (Petmate), and others. The market also includes details of the players who manufacture pet microchips, and include, Virbac Group, Trovan Ltd., Avid Identification Systems, Inc., Micro ID Ltd, iDLogic, Doowa Technology Co., Ltd., and others.

Key Reasons to Buy Our Report

  • The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
  • It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
  • The report includes detailed company profiles of the major players dominating the market.
  • We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
  • We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.

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Central Europe Smart Pet Accessories Market TOC

  1. Introduction
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions and Acronyms
  3. Research Methodology
    1. Research Process
    2. Primary Research
      1. Manufacturers
      2. Distributors
      3. End-Users
    3. Secondary Research
    4. Market Size Estimation
  4. Executive Summary – Central Europe Smart Pet Accessories Market
  5. Analysis of Market Dynamics
    1. Growth Drivers
    2. Market Trends
  6. Major Roadblocks for the Market Growth
  7. Regulatory & Standards Landscape
  8. Subscription Analysis
    1. Monthly Subscription
    2. Annual Subscription
    3. One-Time Subscription
    4. Others 
  9. Industry Value Chain Analysis
  10. Pricing Analysis
  11. Product Comparative Analysis
  12. Impact of COVID-19 on the Smart Pet Accessories Market 
  13. Key Market Opportunities
    1. Based on the Geography
  14. Analysis on Pet Microchips Market, 2019-2028F (USD Million)
    1. Segmentation Analysis
      1. By Chip Frequency, 2019-2028F (USD Million)
        1. 125 kHz
        2. 128 kHz
        3. 134.2 kHz
      2. By Pet, 2019-2028F (USD Million)
        1. Dog
        2. Cat
        3. Others 
      3. By Country
        1. Austria, 2019-2028F (USD Million)
        2. Czech Republic, 2019-2028F (USD Million)
        3. Hungary, 2019-2028F (USD Million)
        4. Poland, 2019-2028F (USD Million)
        5. Romania, 2019-2028F (USD Million)
        6. Russia, 2019-2028F (USD Million)
        7. Slovak Republic, 2019-2028F (USD Million)
    2. Competitive Analysis
      1. Virbac Group
      2. Trovan, Ltd.
      3. Merck & Co. Inc
      4. Avid Identification Systems Inc.
      5. Micro ID Ltd.
      6. iDLogic
      7. Doowa Technology Co., Ltd.
      8. Other Players
  15. Competitive Structure
    1. Market Share Analysis, 2020
    2. Competitive Benchmarking
    3. SureFlap Ltd.
      1. Detailed Overview
      2. Mergers & Acquisitions
      3. Assessment of Key Product Offerings
      4. Analysis of Growth Strategies
      5. Exhaustive Analysis on Key Financial Indicators
      6. Recent Developments
    4. FitBark Inc.
    5. Merck & Co. Inc.
    6. Tractive GmbH
    7. PetPace
    8. Ferplast S.p.A.
    9. Garmin Ltd.
    10. Tail it Technologies SA
    11. Petwalk Solutions GmbH
    12. Doskocil Manufacturing Company, Inc. (Petmate)
  16. Central Europe Smart Pet Accessories Market Outlook
    1. By Value (USD ’000)
    2. By Volume (‘000 units)
  17. Central Europe Smart Pet Accessories Market Segmentation Analysis 2019-2028
    1. By Product
      1. Pet Doors, 2019-2028F (USD ’000)
        1. Microchip Flap, 2019-2028F (USD ’000)
        2. Microchip Door, 2019-2028F (USD ’000)
        3. Connected Doors, 2019-2028F (USD ’000)
      2. Pet Feeders, 2019-2028F (USD ’000)
        1. Connected Feeders, 2019-2028F (USD ’000)
        2. Microchip Feeders, 2019-2028F (USD ’000)
        3. Pet Bowl, 2019-2028F (USD ’000)
        4. Others, 2019-2028F (USD ’000)
      3. Tracking Collars, 2019-2028F (USD ’000)
      4. Tracking Harnesses, 2019-2028F (USD ’000)
      5. Pet Housing, 2019-2028F (USD ’000)
      6. Pet Bedding, 2019-2028F (USD ’000)
      7. Accessories, 2019-2028F (USD ’000)
      8. Grooming Products, 2019-2028F (USD ’000)
      9. Training & Behavior Products, 2019-2028F (USD ’000)
      10. Others, 2019-2028F (USD ’000)
    2. By Connectivity
      1. Bluetooth Chips, 2019-2028F (USD ’000)
      2. Wi-Fi Chips, 2019-2028F (USD ’000)
      3. Cellular Chips, 2019-2028F (USD ’000)
      4. Others, 2019-2028F (USD ’000)
    3. By Power Source
      1. Chargeable, 2019-2028F (USD ’000)
      2. Non-Chargeable, 2019-2028F (USD ’000)
    4. By Pet
      1. Dogs, 2019-2028F (USD ’000)
      2. Cats, 2019-2028F (USD ’000)
      3. Others, 2019-2028F (USD ’000)
    5. By Distribution Channel
      1. Online, 2019-2028F (USD ’000)
      2. Offline, 2019-2028F (USD ’000)
        1. Supermarket/Hypermarket, 2019-2028F (USD ’000)
        2. Retail Stores, 2019-2028F (USD ’000)
        3. Pet Stores, 2019-2028F (USD ’000)
        4. Others, 2019-2028F (USD ’000)
    6. By End-User
      1. Residential, 2019-2028F (USD ’000)
      2. Commercial, 2019-2028F (USD ’000)
        1. Pet Care & Grooming Centers, 2019-2028F (USD ’000)
        2. Pet Clinics, 2019-2028F (USD ’000)
  18. Poland Smart Pet Accessories Market Outlook
    1. Market by Value (USD ’000)
    2. By Product
    3. By Connectivity
    4. By Power Source
    5. By Pet
    6. By Distribution Channel
    7. By End-User
  19. Hungary Smart Pet Accessories Market Outlook
    1. Market by value (USD ’000)
    2. By Product
    3. By Connectivity
    4. By Power Source
    5. By Pet
    6. By Distribution Channel
    7. By End-User
  20. Czech Republic Smart Pet Accessories Market Outlook
    1. Market by value (USD ’000)
    2. By Product
    3. By Connectivity
    4. By Power Source
    5. By Pet
    6. By Distribution Channel
    7. By End-User
  21. Romania Smart Pet Accessories Market Outlook
    1. Market by value (USD ’000)
    2. By Product
    3. By Connectivity
    4. By Power Source
    5. By Pet
    6. By Distribution Channel
    7. By End-User
  22. Russia Smart Pet Accessories Market Outlook
    1. Market by value (USD ’000)
    2. By Product
    3. By Connectivity
    4. By Power Source
    5. By Pet
    6. By Distribution Channel
    7. By End-User
  23. Austria Smart Pet Accessories Market Outlook
    1. Market by value (USD ’000)
    2. By Product
    3. By Connectivity
    4. By Power Source
    5. By Pet
    6. By Distribution Channel
    7. By End-User
  24. Slovak Republic Smart Pet Accessories Market Outlook
    1. Market by value (USD ’000)
    2. By Product
    3. By Connectivity
    4. By Power Source
    5. By Pet
    6. By Distribution Channel
    7. By End-User

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