Pet Memorials Market Scope
Pet Memorials are demonstrating a great comfort to the people of all ages, and from all backgrounds, who have lost a beloved pet. According to a survey it is seen that currently, 76% of 18-24 year-olds in America share their home with a pet. And around 65% of all American households have a dog or cat. The pet memorials market is growing due to their varieties of segmentation in terms of products such as URNS, keepsakes, Jewellery, and many more things. Various countries such as United States, Europe, and Japan, which consume more pet products in the world are steadily increasing the market at a specific growth rate.Furthermore, developing countries like China and India are also contributing a significant upsurge in this market. For instance, China has a low birth rate and a growing number of middle-class adults are choosing to spend money their pets. Hence increasing population that adopts pets as their own child coupled with the rising interest of owners towards having their pets proper crimination is driving the market in forecasted years.
The market study is being classified by Type (Pet Cremation Jewellery (Bracelet, Pendants, and Others), Pet Urns, Pet Casket and Others), by Application (Cat Memorials, Dog Memorials, Bird Memorials and Other pets) and major geographies with country level break-up.
The pet memorial market is doing a steady growth in the market because of its key players, providing innovative techniques and methods to the consumers, in order to provide them a peaceful grief Ceremony of their beloved pet ones. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Pet Memorials market throughout the predicted period.
At Peace Memorials (United States), Kay Berry (United States), Funeral Products B.V (The Netherlands), Milano Monuments (United States), Stardust Memorials (United States), CREMONA (Europe), Matthews Cremation Division (United Kingdom), Bogati Urn Company (United States), Final Gift Pet Memorial Center (United States) and Perfect Memorials (Canada) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Northampton Memorial Company (United Kingdom) and Modlich Monument Company (United States).
AdvanceMarketAnalytics has segmented the market of Global Pet Memorials market by Type, Application and Region.
On the basis of geography, the market of Pet Memorials has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Patch & Purr Pet Cremations has launched its product called Illawarra. this product is an implementation of innovative tracking technology by which owners can easily discover through their vet where their pet is throughout their journey.
- Growth in Pet Owning and Pet Loving Lifestyle among Millennials
- Growing Affirmation of Grief as a Natural Reaction to Loss
- An Increasing Number of Pets Globally Coupled with Their Short Life Span due to Diseases
- Rising Concern and Spiritual Connection towards the Pets after their Death by Owners
- Rising Numbers of Population that are Pet Lovers across the Globe
- Growing Tendency of People Towards Performing the Last Rituals for their Pets
- High Cost, of these Products and Services
- Concern Related Towards Healthy Living of Pets by the Consumers
- Lack of Knowledge About these Market in Developing Economies
- Availability of Other Services or Rituals Present in Market or Done by Owners Itself
Key Target AudiencePet Memorials Manufactures, Pet Memorials Distributors, Potential Investors and Others
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