国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Many paws driving pet economy growth

Closer emotional bonds between the adorables and younger consumers creating niche market in China

By WANG YING in Shanghai | China Daily | Updated: 2025-10-06 10:45
Share
Share - WeChat
A visitor interacts with cats during a pet expo in Shanghai in May. According to market consultancy iiMedia Research, China's pet industry is expected to reach 1.15 trillion yuan ($162 billion) by 2028. FANG ZHE/XINHUA

Wang Lihong, who prefers to be called "Congcong's mom" rather than by her own name, and her five-year-old Yorkshire terrier have found themselves increasingly welcome in a number of places across Shanghai.

"Our weekends are fully booked with activities. Just recently, we joined a Hawaii-themed pool party, a matchmaking event hosted by a pet bakery brand, a hamburger festival and even a pet-friendly concert," said Wang, an activity curator in her 40s.

"So many traditional industries are now venturing into pet-related business. Clearly, the growth and outlook of the pet economy are phenomenal."

Wang's experience highlights how pet owners and trend-savvy commercial spaces are coming together.

According to market consultancy iiMedia Research, China's pet industry is expected to reach 1.15 trillion yuan ($162 billion) by 2028, and new consumption scenarios are playing a major role in fueling domestic pet spending.

With steady economic growth, Chinese consumers' stronger purchasing power has injected powerful momentum into the market.

Shanghai is clearly at the forefront nationwide. Public statistics show that Shanghai had more than 120,000 pet-related businesses, underscoring how vibrant the market already is.

As experts noted, today's young consumers, especially those born in the 1990s and 2000s, tend to treat pets as family members. They want to bring their pets along when going out to enjoy life, which has driven a trend of more humanlike consumption.

"In China, over 90 percent of pet owners consider their pets part of the family. This has fueled a powerful lifestyle shift: the desire to keep pets close wherever their owners go. With pet ownership on the rise, being pet-friendly is no longer just a nice-to-have — it is becoming a key competitive advantage for businesses," said Zino Helmlinger, head of retail leasing with consultancy company CBRE China.

1 2 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
阿拉善左旗| 邵阳县| 县级市| 通海县| 筠连县| 翁源县| 通化县| 静宁县| 南漳县| 化德县| 富民县| 普陀区| 贡觉县| 新泰市| 台东县| 兴山县| 垣曲县| 宝兴县| 河曲县| 南溪县| 赤城县| 乡城县| 临汾市| 东莞市| 伊通| 永安市| 白水县| 福清市| 永寿县| 西乌珠穆沁旗| 尼勒克县| 新密市| 柞水县| 葫芦岛市| 吉首市| 大埔区| 界首市| 雷州市| 那曲县| 玛纳斯县| 阿鲁科尔沁旗|