The Global Dog Bicycle Trailer Market Growth Accelerated By Rising Pet Dog Ownership

https://www.coherentmarketinsights.com/industry-reports/dog-bicycle-trailer-market
Global Dog Bicycle Trailer Market 


Dog bicycle trailers are used to carry pet dogs while their owners cycle. They provide dogs with exercise and fresh air while allowing owners to enjoy cycling. These trailers give dogs a safe, comfortable and secure space during cycling trips.

The global Dog Bicycle Trailer Market is estimated to be valued at US$ 152.7 Mn  in 2023 and is expected to exhibit a CAGR of 38%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends
The increasing number of pet owners, especially dog owners, around the world is one of the key factors fueling the growth of the dog bicycle trailer market. Many people are adopting dogs as pets for companionship with the rising trend of nuclear families. This has augmented the demand for outdoor recreational activities including cycling that can involve dogs as well. Dog bicycle trailers allow owners to include their pet dogs in cycling trips, keeping them safe and comfortable.


Segment Analysis
The global dog bicycle trailer market is segmented into single-seater and multi-seater trailers. The single-seater segment dominates the market as it is affordable and suitable for smaller dogs. Single-seater trailers provide safety and security to small dogs during cycling.

Key Takeaways

The global Dog Bicycle Trailer Market Share is expected to witness high growth over the forecast period. With the rise in cycling activities as a hobby and increase in pet ownership, the demand for dog bicycle trailers is growing significantly. The global Dog Bicycle Trailer Market is estimated to be valued at US$ 152.7 Mn  in 2023 and is expected to exhibit a CAGR of 38%  over the forecast period 2023 to 2030.

Regional analysis

North America currently dominates the global dog bicycle trailer market owing to high awareness about pet safety products and increased dog ownership in countries like the US and Canada. Growing health consciousness and different cycling clubs in the region are further expected to drive the demand for dog bicycle trailers over the next few years.

Key players

Key players operating in the dog bicycle trailer market are AnaSpec, Inc., Cayman Chemical Company, Kaneka Corporation, Sigma-Aldrich (part of Merck KGaA), Gold Biotechnology, Inc., Xi'an Lyphar Biotech Co.,, Ltd.,ChemFaces, Henan Senyuan Biological Technology Co., Ltd., Chengdu Biopurify Phytochemicals Ltd., Shenzhen Lvshiyuan Biotechnology Co., Ltd.

AnaSpec, Inc. is one of the leading manufacturers of dog bicycle trailers offering a wide range of single and multi-seater trailers catering to small, medium and large dog breeds. The company majorly focuses on the US market with over 50% sales coming from North America.

Get More Insights On This Topic:  https://www.newsanalyticspro.com/dog-bicycle-trailers-are-driven-by-rising-pet-owners-focus-on-fit-lifestyles/

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