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Salma Akter
Jun 20, 2022
In DIY Forum
The pet economy has exploded in recent years. According executive list to the "2019 White Paper on China's Pet Industry" report, the pet economy has become an industry of over 100 billion yuan, and smoking cats and dogs has become the daily routine executive list of many young people, and it has also become one of the antidote for lonely patients. At the same time as more and more pet owners, the pet industry has also become the new darling of the domestic investment community. More and more offline pet stores, hospitals, cat and dog clubs have sprung up, and online pet apps have also become popular. It's dazzling to see, from a few at the beginning, to executive list now a hundred flowers are blooming. The industry predicts that China's pet market capacity will reach 200 billion in 2020, but this is only a market capacity estimate. Is this industry really so popular? Is the pet market already saturated? It should be known that the layout of the pet industry is mainly in the four fields of food, supplies, medical care, and services, and food and medical care are just in demand, the market executive list demand is large, and the development is also fast. but in terms of total numbers, cats are still slightly inferior to dogs. The development of services and supplies is also executive list relatively slow, especially the pet APP appeared to provide pet owners with an independent circle and a platform for easy communication. When people are already accustomed to using WeChat, executive list Weibo, Taobao and other applications, people can't help but ask: Will the development of pet APP in the industry be unstoppable? 1. Market Status In 2019, the number of urban pets (dogs and cats) in the country reached 99.15 million; an increase of 8.4% compared to last year. Compared with dogs, the number of cats has increased more significantly,
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Salma Akter

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