Views: 0 Author: Site Editor Publish Time: 2023-11-22 Origin: Site
The American Pet Products Association (APPA) released a report. In 2020, the retail sales of the American pet market exceeded US$ 100 billion for the first time in history, reaching a scale of US$103.6 billion, an increase of 6.7% compared with US$ 97.1 billion in 2019.
APPA statistics also show that nearly 70% American families have at least one pet; Among them, cats and dogs are the most popular pet categories.
With the surge in the number of pet adoptions across the United States in 2020-2021, the income of pet products on Amazon increased by 30.7%, product sales increased by 33.2%, and visits increased by 48.3%.
The data released by AliExpress, a cross-border e-commerce platform, also shows that in 2020, the overall sales of pet products on the platform increased by more than 70% year-on-year, with obvious categories including pet toys, pet feeders and tools for building hair for pets.
With the huge demand, the pet lifestyle category has become an commodity category with a rapid increase. All kinds of pet consumption trends and data are suggesting that the pet lifestyle category has gradually become a hot category.
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