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Pet Corner inaugurates 20th retail store in the UAE

The Rise of the Pet Industry in the UAE

The UAE’s pet industry has experienced significant growth in recent years, driven by increasing pet ownership and a growing demand for pet-related products and services. The industry is expected to continue growing, with forecasts indicating a 500% increase in value by 2025.

Key Drivers of Growth

  • Increased Pet Ownership: The pandemic has led to a 30% increase in pet ownership in the UAE, with more people turning to pets as companions and stress-relievers. Growing Demand for Pet Products: Consumers are seeking out high-quality, affordable pet products to meet the needs of their pets, driving demand for pet food, toys, and accessories. Inflation and Consumer Behavior: As with other sectors, consumers are responding to inflation in pet products, seeking out value-for-money options and looking for ways to stretch their budgets. ### Opportunities for Local Players**

    • Opportunities for Local Players

    The growth of the pet industry in the UAE presents opportunities for local players to capitalize on the trend. Some of the key opportunities include:

  • Expanding Product Offerings: Local businesses can expand their product offerings to meet the growing demand for pet-related products and services. Increasing Online Presence: With more consumers turning to online shopping, local businesses can increase their online presence to reach a wider audience.

    The Rise of Humanization in Pet Care

    The humanization trend in pet care has been on the rise for several years, with pet owners increasingly treating their pets as part of the family. This shift in perception has led to a growing demand for higher-quality food and a more personalized approach to pet care.

    Key Drivers of the Humanization Trend

  • Increased awareness of pet health and nutrition
  • Growing demand for premium pet food
  • Rise of pet-friendly services and products
  • Changing lifestyles and demographics

    • The Impact on Pet Food

    The humanization trend has had a significant impact on the pet food industry. Pet owners are no longer satisfied with basic, mass-produced pet food. Instead, they are seeking out higher-quality, more nutritious options that cater to their pets’ individual needs.

    Other activities include a social media photo challenge “Pawsitive Moments” where pet owners can share stories and pictures of their pets.

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