Data source: "TouBao Research Institute, Overview of China's Smart Pet Products Industry in 2022"
3. Smart pet care has become a new trend in pet owners' consumption upgrades, and smart products have also become the category that pet owners are most willing to upgrade their consumption.
In the future, smart pet products will usher in even greater oman mobile database explosive growth.
In summary:
In general, as pet owners' demand for refined pet care continues to increase, pet owners' attention to pet smart products continues to increase, and the sales of pet smart products have also increased significantly. Although pet smart products are emerging products, the overall market size is smaller than other categories, but the increase is huge.
It is precisely because of the large increase in market size, the penetration rate is increasing year by year, and the low brand concentration at the competitive level that the pet smart products segment will have more strategic opportunities.
Pet product manufacturers that plan ahead for smart pet products will also have a huge advantage in future competition.
In exploring opportunities in the pet products market, there is a simple analysis of the smart pet products market, but the depth or data may be lacking, so this article will supplement it.