Market Forecast By Products (Smart Collar, Smart Camera, Smart Harness & Vest and Tags), By Technology (GPS, RFID & Sensors), By Applications (Identification & Tracking, Monitoring & Control, Medical Diagnosis & Treatment and Facilitation, Safety & Security), By Countries (Central Region,Western Region, Eastern Region, Southern Region) and Competitive Landscape.
Product Code: ETC001508 | Publication Date: Jul 2024 | Updated Date: Jul 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Saudi Arabia Pet Wearables Market |
Forecast period | 2024-2030 |
CAGR | 9% |
Growing Sector | Healthcare |
The Saudi Arabia Pet Wearables Market report thoroughly covers the market by Regions, Products, Technology, and Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Saudi Arabia Pet Wearables Market has seen growth remarkable growth over the years. The market is expected to grow in the future driven by several factors such as rising disposable incomes, growing awareness of health, treating them as family members, and government initiatives.
According to 6Wresearch, the Saudi Arabia Pet Wearables Market size is expected to grow at a significant CAGR of 9% during 2024-2030. The growing awareness of pet health and safety is one of the drivers for the market. Pet owners are using wearables technology to monitor their pet’s activity, heart rate and overall well-being. With technological advancements such as the introduction of GPS tracking, microchipping, and remote monitoring capabilities, the demand for pet wearables has increased. Another factor is the rising disposable income of the people. With more money in their hands, people are now able to spend more on their pets including wearables. Moreover, the demand for pet wearables is increasing due to the increase in the pet population and more people are willing to become pet owners.
The high-cost pet wearable device acts as a challenge for the market. Many people are not able to buy expensive wearables for their pets. Another challenge for the market is limited awareness and availability of these products in South Arabia. Moreover, data privacy is another hurdle that the market is facing.
Key players in the Saudi Arabia pet wearables market are investing heavily in research and development to offer innovative products. Some of the major players in the Saudi Arabia pet wearables market include FitBark Inc., Whistle Labs, Inc., PetPace LLC, Tractive GmbH, Garmin Ltd., Loc8tor Ltd., Scollar, Inc., Dairymaster USA, Allflex Group, and Invisible Fence, Inc. These companies offer a wide range of products including activity trackers, GPS trackers, smart collars, and health monitors for pets.
Government initiatives such as campaigns promoting responsible pet ownership have led to an increase in adoption rates and a rise in spending on pet care products, including wearables. Additionally, governments are also investing in research and development of new and advanced pet wearable technologies. Moreover, governments are also collaborating with pet wearable companies to develop custom-made wearables for working animals such as police dogs and service animals. Furthermore, governments in Saudi Arabia have implemented regulations mandating microchipping and registration of pets, which has led to an increase in demand for pet wearables that can store important information about the animal.
The future of the pet wearables market in Saudi Arabia looks promising. The market is driven by an increasing number of pet lovers, increasing disposable income, rising awareness about pet health, and advancements in technology. The demand for smart collars having GPS tracking ability is increasing as they help owners track their pets. With the increasing disposable income, more people are willing to have pets and this will raise the demand for pet wearables. Now more people have started treating their pets as family members, they are more concerned about their health and safety, hence raising the demand for pet wearables.
According to Ravi Bhandari, Research Head, 6Wresearch, the smart collar is expected to dominate the market due to its widespread adoption and convenience for pet owners.
In terms of technology, GPS-based devices are gaining popularity for their accurate tracking capabilities and real-time location updates.
The central region holds the largest share in the Saudi Arabia pet wearables market. This can be attributed to the high concentration of pet owners in urban areas and their willingness to invest in advanced technologies for their pets.
The report provides a detailed analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights Of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Saudi Arabia Pet Wearables Market Overview |
3.1. Saudi Arabia Pet Wearables Market Revenues , 2020-2030f |
3.2. Saudi Arabia Pet Wearables Market Revenue Share, By Products, 2020 & 2030f |
3.3. Saudi Arabia Pet Wearables Market Revenue Share, By Technology, 2020 & 2030f |
3.4. Saudi Arabia Pet Wearables Market Revenue Share, By Applications, 2020 & 2030f |
3.5. Saudi Arabia Pet Wearables Market Revenue Share, By Regions, 2020 & 2030f |
3.6. Saudi Arabia Pet Wearables Market Industry Life Cycle |
3.7. Saudi Arabia Pet Wearables Market- Porter’s Five Forces, 2020 |
4. Saudi Arabia Pet Wearables Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Saudi Arabia Pet Wearables Market Trends |
6.Saudi Arabia Pet Wearables Market Overview, By Products |
6.1. Saudi Arabia Pet Wearables Market Revenues, By Smart Collar, 2020-2030f |
6.2. Saudi Arabia Pet Wearables Market Revenues, By Smart Camera, 2020-2030f |
6.3. Saudi Arabia Pet Wearables Market Revenues, By Smart Harness And Vests, 2020-2030f |
6.4. Saudi Arabia Pet Wearables Market Revenues, By Tags, 2020-2030f |
7. Saudi Arabia Pet Wearables Market Overview, By Technology |
7.1. Saudi Arabia Pet Wearables Market Revenues, By Gps, 2020-2030f |
7.2. Saudi Arabia Pet Wearables Market Revenues, By Rfid, 2020-2030f |
7.3. Saudi Arabia Pet Wearables Market Revenues, By Sensors, 2020-2030f |
8.Saudi Arabia Pet Wearables Market Overview, By Applications |
8.1. Saudi Arabia Pet Wearables Market Revenues, By Identification And Tracking, 2020-2030f |
8.2. Saudi Arabia Pet Wearables Market Revenues, By Monitoring And Control, 2020-2030f |
8.3. Saudi Arabia Pet Wearables Market Revenues, By Medical Diagnosis And Treatment, 2020-2030f |
8.4. Saudi Arabia Pet Wearables Market Revenues, By Facilitation, Safety And Security, 2020-2030f |
9. Saudi Arabia Pet Wearables Market Overview, By Regions |
9.1. Saudi Arabia Pet Wearables Market Revenues, By Central Region, 2020-2030f |
9.2. Saudi Arabia Pet Wearables Market Revenues, By Southern Region, 2020-2030f |
9.3. Saudi Arabia Pet Wearables Market Revenues, By Eastern Region, 2020-2030f |
9.4. Saudi Arabia Pet Wearables Market Revenues, By Western Region, 2020-2030f |
10. Saudi Arabia Pet Wearables Market Key Performance Indicators |
11. Saudi Arabia Pet Wearables Market Opportunity Assessment |
11.1. Saudi Arabia Pet Wearables Market Opportunity Assessment, By Products, 2030f |
11.2. Saudi Arabia Pet Wearables Market Opportunity Assessment, By Technology, 2030f |
11.3. Saudi Arabia Pet Wearables Market Opportunity Assessment, By Applications, 2030f |
12. Saudi Arabia Pet Wearables Market Competitive Landscape |
12.1. Saudi Arabia Pet Wearables Market Revenue Share, By Companies, 2023 |
12.2. Saudi Arabia Pet Wearables Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
14. Strategic Recommendations |
15. Disclaimer |
Market Forecast By Products (Smart Collar, Smart Camera, Smart Harness & Vest and Tags), By Technology (GPS, RFID & Sensors), By Applications (Identification & Tracking, Monitoring & Control, Medical Diagnosis & Treatment and Facilitation, Safety & Security), By Countries (Central Region,Western Region, Eastern Region, Southern Region) and Competitive Landscape.
Product Code: ETC001508 | Publication Date: Jan 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Increasing adoption of Internet of Things (IoT), rise in the number of pet adoptions coupled with growing awareness among pet owners regarding their health and for tracking their daily activities are some of the major factors contributing to the growth of the pet wearables market in Saudi Arabia. Moreover, rising disposable income, as well as increasing adoption of pets as companions, would propel the market growth over the coming years.
According to 6Wresearch, Saudi Arabia Pet Wearables Market size is anticipated to register growth during 2019-25. Based on application, medical diagnosis and treatment-based technology dominated the market share in 2018, and is expected to capture majority of the market revenues during the forecast period owing to declining manufacturing and acquisition cost of sensors. Additionally, the growing popularity of humanization and increasing cat population would positively influence the demand for pet wearables in the Saudi Arabia market over the next six years.
Based on technology, pet wearables are segmented into RFID, GPS AND sensor-based. RFID based devices are designed for ultra-high and low frequencies and are used in continuously recording readings of a pet’s daily activities and for animal tracking. RFID is a microchip that gets implanted under the pet’s skin to identify the pet as yours and it can contain a variety of information such as contact information, pet’s immunization, name, etc. Growing investments in technological advancements of sensor technology to monitor vital health metrics of companion animals such as respiration levels and heart rate, check diseases symptoms and store medical records in the cloud would fuel the growth of Pets Wearable market during the forecast period.
The Saudi Arabia Pet Wearables market report thoroughly covers the market by Products, Technology, applications, and regions including Central Region, Western Region, Eastern Region Southern Region. The Saudi Arabia Pet Wearables market outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia Pet Wearables market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Saudi Arabia Pet Wearables Market report provides a detailed analysis of the following market segments: