What is the overview of the pet market in China?
China is a country with a very large population. This favors the breeding of animals. The special feature of the animal sector is the pet sector. It has been noted that there is a real privilege for this category of animals in China. What is the overview of the pet market in China? Read on to find out.
The amount spent on pets in China
Pets are a real industry and a very special business sector in China. If you see this website, pet owners do not hesitate at all to spend on their pets. This is done in order to take care of their pets. Moreover, statistics have shown that the amount spent on pets in China is enormous and can sometimes exceed the understanding. Indeed, owners can spend up to 6000 yuan on pets in China. This amount includes food as well as care. The distribution of this 6000 yuan is done in an equitable way and according to the main needs of the pets. This has therefore become an industry that is injected with money by the owners every month. Furthermore, it is important to note that this particular pet industry in China is developing every day. Changes as well as inputs are being made by the major players in the industry despite the fact that it is the minority of Chinese people who have a pet.
The reasons why the pet market is growing
If the pet market is growing every day in China, there are particular reasons for this. Firstly, we must deny the current generation. Trend-oriented and modern, having a pet is a luxury nowadays. Thus, the sector is growing every day. Finally, it should be noted that many people living in China need company. As loneliness is at its peak, they adopt pets to alleviate the loneliness in their homes. This is the main reason.