Pet Supplies Market Rapidly Growing... Some Products' Sales Up 14 Times Compared to 3 Years Ago
[Asia Economy Reporter Moon Hyewon] The pet supplies market is experiencing rapid growth. Some related products have sold as much as 14 times more than three years ago.
According to Gmarket on the 27th, the sales volume of pet supplies last year increased by 10% compared to three years ago in 2016.
Not only has the sales volume increased, but the variety of items has also expanded.
For example, sales of food for young pets have significantly increased. Sales of puppy weaning food increased eightfold, and kitten weaning food increased by as much as 14 times. Sales of cat-specific milk powder and milk also more than doubled.
In contrast, during the same period, sales of baby weaning food (-46%) and domestic milk powder (-36%) sharply declined.
Pet supplements are also popular. Sales of dog supplements increased by 69% over three years. In particular, vitamins and calcium (206%) and skin and joint supplements (152%) gained popularity. Sales of cat vitamins and calcium increased elevenfold, and sales of skin and joint supplements tripled.
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Non-slip flooring installed in areas frequently visited by pets saw a 1144% increase in sales compared to three years ago, and items such as cat hammocks (132%) and pet doors (325%) also gained popularity.
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