Core Viewpoint - The pet industry in China is experiencing significant growth, driven by changing consumer attitudes among younger generations who prioritize high-quality care and luxury products for their pets [19][32][37]. Group 1: Demographics and Spending Trends - The primary pet owners in China are predominantly from the "80s" and "90s" generations, with 90s owners making up 46.6% in 2023 [1]. - Young pet owners are willing to spend significantly on their pets, with monthly expenses for food and care reaching thousands of yuan [1][3]. - The pet food market is the largest expenditure category, followed by health care, with premium ingredients like shrimp and salmon being common in pet diets [9][10]. Group 2: Market Growth and Economic Factors - The pet economy in China reached a scale of 592.8 billion yuan in 2023, growing by 20.1% year-on-year [32]. - The pet medical market is also expanding, with a compound annual growth rate of 29.5% from 2017 to 2022, reaching 46.7 billion yuan in 2022 [35]. - The number of pet hospitals in China has surpassed 30,000, indicating a robust infrastructure supporting the pet care industry [36]. Group 3: Consumer Behavior and Psychological Factors - Young pet owners often exhibit emotional spending behaviors, seeking to provide the best for their pets as a reflection of their own values and experiences [19][25][28]. - The rise of social media has led to pets becoming social status symbols, influencing spending on luxury items and services [26][28]. - Economic factors, such as rising GDP, correlate with increased spending on pet care, as seen in the growth of the pet industry following China's GDP surpassing 8,000 USD [29][31]. Group 4: Future Trends and Market Potential - The pet ownership rate in China has increased from 11% in 2010 to 32% in 2023, indicating significant market potential for further growth [32][38]. - The aging population and increasing number of single-person households are expected to drive demand for pet ownership and related services [48][53]. - The trend of "pet humanization" is becoming more pronounced, with pets increasingly viewed as family members, which is likely to sustain market growth [46][54].
宠物坐月子、拍写真:年轻人养宠,是真爱吗?
3 6 Ke·2026-01-06 08:08