Why is the pet industry booming today?

Updated on Financial 2024-08-03
17 answers
  1. Anonymous users2024-02-15

    Because people's quality of life is improving now, and many young people are now living alone, pets are indeed very spiritual and cute, and they are especially suitable as good friends of human beings.

  2. Anonymous users2024-02-14

    This is because many people now have pets, and pet ownership has become a trendy craze, and pet ownership can also make up for loneliness, so the pet industry will rise rapidly.

  3. Anonymous users2024-02-13

    Because many people like to have pets now, and they treat pets very well, it will lead to the rise of the pet industry.

  4. Anonymous users2024-02-12

    I think the development of the pet industry is just emerging, and the pet industry has huge room for development.

    The reason why I say this is mainly because more and more young people have begun to have the need for pets, and under the premise that many young people choose not to get married and have children, young people need pets more and more. It is precisely because young people themselves have very strong spending power, and young people are more willing to spend money on pets, so I am very optimistic about the development of the pet industry.

    First, the pet industry itself is just emerging.

    Second, I think the pet industry has a lot of room for development.

    Third, I think the pet industry needs to further rectify the order of the industry.

  5. Anonymous users2024-02-11

    The continuous growth of per capita GDP and disposable income has provided a solid economic foundation for household consumption

    In recent years, the per capita disposable income of Chinese residents has increased year by year. The increase in people's disposable income will help people increase their consumption in pet food, pet supplies and pet services, and increase the increasing penetration rate of pet products. The trend of "relative" pets will further push owners to pay.

    From the most basic commodity staple food to pet snacks to pet health products, "shovel officials" are willing to pay more for high-quality products. In addition to providing life security for pets, the demand for pet consumption related to health, play, dressing, and social activities is on the rise.

    Therefore, the development of China's economy not only promotes the improvement of the living standards of pet owners, but also promotes the consumer confidence of pet owners to a certain extent, and is more willing to consume for their pets, which promotes the development of China's pet economy to a certain extent.

    Pets can meet people's emotional and companionship needs, and the huge single population has promoted the development of China's pet economy

    According to the data of the National Bureau of Statistics, the proportion of one-person households in China has increased year by year in recent years, from 2015 to 2019, an increase of one percentage point. With the increasing number of people living alone, families in China are showing a trend of singleness.

    The huge single population will give birth to new consumer demand around this type of people, pets can meet the companionship and spiritual sustenance of single people, to a certain extent to alleviate the pressure of work and life, people's recognition of pets as companions continues to improve, will promote the continuous development of China's pet economy.

    From prohibiting and restricting pet raising to regulating pet raising, the policy has been gradually relaxed

    From the policy direction, from the 80s of the last century to the present, China's dog policy gradually liberalized, through the development process from the ban to the restriction to the gradual relaxation, in the 80s of the 20th century, the policy clearly stipulates that it is forbidden to raise dogs, due to the rabies epidemic, affecting people's life safety and social stability, in November 1980, the Ministry of Health issued relevant regulations, clearly stipulating that dogs are prohibited in cities above the county level and suburbs, emerging industrial areas.

    In the 90s of the 20th century, the policy was relaxed, and some areas began to restrict breeding. In 1994, Beijing promulgated the "Beijing Municipal Regulations on Strict Restrictions on Dog Breeding", from the prohibition to strict restrictions on dog breeding, allowing residents to keep pets, but restricting the area, quantity, and breed of pets.

    After 2000, the policy was gradually liberalized to standardize pet raising. In 2003, the "Beijing Dog Management Regulations" was promulgated, which made clear provisions on the raising of pets, and the number of dog licenses dropped significantly.

    From the perspective of the number of policies, since 1997, China's annual release of pet industry-related industrial policies has shown an overall upward trend, and in 2018, China issued a total of 6 pet industry-related industrial policies, which is the highest level in recent years.

    From the perspective of policy structure, China's policies on the pet industry are concentrated in two subdivisions: pet medical care and pet food. Specifically, China's pet medical related policies account for about 60%, and pet feed-related policies account for about 40%.

  6. Anonymous users2024-02-10

    I think the development of the pet industry is very good, the economic foundation feels that the superstructure, pets are getting younger and younger, especially young women, in their own exquisite life, pets are naturally more and more exquisite, so that most of the money will flow into the pet industry.

  7. Anonymous users2024-02-09

    The pet industry in the center is growing rapidly, but the market share is not saturated. Because the number of pet owners is still increasing. The pet market is chaotic and mixed, and there is no relevant industry standard.

  8. Anonymous users2024-02-08

    I feel that the pet industry has a lot of room for development, because now there are more and more people who have pets, but the pet industry needs to further rectify the industry order, because it is an emerging industry that there will be many loopholes.

  9. Anonymous users2024-02-07

    The development prospects of the pet industry are good, and the development scale of pet companies this year can be seen in the fancy pet and easy pet.

  10. Anonymous users2024-02-06

    Nowadays, young people are very fond of dogs, and our living conditions are getting better and better, so many people want to start their own business. The future development prospects of the pet industry should be very good, because our living standards have improved, so many people are very fond of pet dogs.

    What do you think the future of the pet industry will be?

    We all want to be able to find a stable job, and we also want our salary to be very high, so many people choose to go into business because everyone feels that they can't earn money from part-time work. We must also pay attention to these issues in our daily lives, so we don't need to feel too anxious. In the future, the development prospects of the pet industry should be particularly good, and many people especially like to raise small pets, so everyone needs to take small pets to the pet hospital for vaccination.

    If a small pet is sick, we also need to take the pet to the pet hospital for surgery, so the pet hospital is really popular.

    What should we do?

    But we should also prepare in advance and learn to seize the moment. We can also go back to our own homes to open a pet store, and we can also choose to open a pet store in a big city, but it must be more expensive, because the store also costs a lot of money, and we have to find some helpers. If you plan to open a pet shop in your own home, we should learn about pets, and we must also learn to do surgery, so we must be pet graduates, and we must have a qualification certificate.

    SummaryNowadays, many people don't want to go out to work, because everyone feels that working is very tiring, and they can't make much money from part-time work, so many people will choose to do business on their own. We can also choose to open a pet store, but everyone must be mentally prepared in advance, because opening a store is not a simple matter, and you may also face failure.

  11. Anonymous users2024-02-05

    I think the future development prospects of the pet industry will be very broad, more and more people are starting to have pets, and the demand for pets is very large.

    With the improvement of people's living standards, more and more people have begun to have pets, especially many young people are reluctant to get married, but there is a need for companionship, so pets have become their spiritual pillars, people's acceptance of pets is very high, and various services around pets will become more and more professional and perfect in the future, and the development prospects of the entire industry are huge.

  12. Anonymous users2024-02-04

    In the future, the pet industry will definitely develop better and better, because many people will now have some cats and dogs in their homes. You can accompany yourself in life, and you will also treat such an animal as your only relative, and you will also celebrate the dog's birthday.

  13. Anonymous users2024-02-03

    The prospect is good, because many people now like to keep pets, and it is very expensive to raise pets, and the salary in the pet industry will be very high.

  14. Anonymous users2024-02-02

    You need to pay attention to the fact that if we don't particularly like small pets or like small animals, then we had better not open a pet store, otherwise we will feel very devastated. Usually we must make our store clean, decoration is also a very important thing, usually when treating these small pets, we must treat them like their own children.

    After some problems with the pet, we must communicate with the owner of the pet, and also ask the pet how it is recently. In this way, it can also make the pet owner feel more warm, and they will be more assured that they will put their pet with us. There are more and more people who have pets, and young people are more willing to spend money for their pets, so you don't have to worry about it.

  15. Anonymous users2024-02-01

    I think the future prospects are still very good, more and more children go out to work, lack of companionship for their parents, young people work outside the home, spend a long time alone, it may be much better to have pets to accompany us, we can have a place to talk about our grievances.

  16. Anonymous users2024-01-31

    There will be a particularly good development in the future, many people will have pets at home, and will treat pets as their own family, and will also buy some clothes and shoes for pets.

  17. Anonymous users2024-01-30

    The future will be very hot, and it will also carry out unified management, strengthen supervision, and be more humane.

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