Japan Pet Wearable Market Size, Share, and COVID-19 Impact Analysis, By Product (Smart Collar, Smart Vest, Smart Harness, Smart Camera, and Others), By Technology (GPS, RFID, Sensors, and Others), and Japan Pet Wearable Market Insights, Industry Trend, Forecasts to 2033

The Japan Pet Wearable Market Insights Forecasts to 2033   

• The Japan Pet Wearable Market Size Was Valued at around USD 85.5 Million in 2023. 
• The Japan Pet Wearable Market Size is Expected to Grow at a CAGR of 12.22% from 2023 to 2033.   

• The Japan Pet Wearable Market Size is Expected to Reach USD 270.9 Million by 2033.    

The Japan pet wearable market size is predicted to grow from USD 85.5 million in 2023 to USD 270.9 million by 2033 at a CAGR of 12.22% during the forecast period. The increasing interest of pet parents towards the health and welfare of their pets, coupled with the extensive use of smart wearables by people who place a high value on the health and wellbeing of their pet companions, are the key drivers of the market growth.

Market Overview  

The Japan pet wearable market is the centerpiece of the in-depth report, carefully crafted to deliver a complex analysis of an emerging industry. Through a detailed consideration of the most important trends, challenges, and opportunities, the report functions as a useful tool for stakeholders, industry players, and prospective investors. The main aim is to provide strategic insights that enable informed decision-making in the fast-paced arena of pet technology. Venturing into the broader context, the report begins with an examination of the flourishing pet industry in Japan. Unveiling market dynamics, growth patterns, consumer behavior, and up-and-coming trends, it sets up a grounding knowledge of the environment within, which pet wearable’s function. Additionally, as the story progresses, special focus is laid on the evolution of pet wearables, from the technological advancements from simple tracking features to incorporating advanced health monitoring and behavior analysis. The segment sheds light on major milestones and breakthroughs that have been crucial in determining the adoption and implementation of pet wearables in the Japanese market.

Report Coverage  

This research report categorizes the Japan pet wearable market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the Japan pet wearable market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the Japan pet wearable market.    

Driving Factors 

The Japanese pet wearable market is growing because of its aging population looking for pet companionship, robust smart home integration, and cultural love for animals such as cats. Sophisticated AI-based devices provide behavioral insights, and high internet penetration enables remote monitoring. Moreover, local innovation such as mood-sensing harnesses appeals to health-conscious pet owners. These distinctive socio-technological trends make Japan a rich soil for advanced, emotionally intelligent pet wearable adoption.

Restraints & Challenges 

Expensive products, poor awareness among senior pet owners, concerns over data privacy, and accuracy problems of devices are significant restraints and challenges in Japan's pet wearable market growth.

Market Segmentation 

The Japan pet wearable market share is classified into product and technology.

• The smart collar segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on product, the Japan pet wearable market is classified into smart collar, smart vest, smart harness, smart camera, and others. Among these, the smart collar segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. These collars are commonly accepted because they can monitor pet location, track health parameters, and improve safety. The industry is projected to expand largely based on rising pet ownership and technological innovation in wearables.

• The GPS segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on technology, the Japan pet wearable market is classified into GPS, RFID, sensors, and other. Among these, the GPS segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The increasing demand is being propelled by aspects such as real-time location tracking, geofencing for virtual safe zones, escape alerts, and navigation assistance has been anticipated to be the key driver of the segment growth. It has a key factor, which influence the usage of pet wearable such as, finding lost pets, tracking outdoor activities, and safety while walking are anticipated to growing the demand for Japan pet wearable market.

Competitive Analysis: 

The report offers the appropriate analysis of the key organizations/companies involved within the Japan pet wearable market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. 

List of Key Companies 

• Garmin Ltd
• Mars Group Holdings Corp
• Tractive
• BARK Inc Ordinary Shares - Class A
• GoPro Inc Class A
• Larsen & Toubro Ltd DR
• Pet Valu Holdings Ltd
• Playtech PLC
• Datamars
• Fidelity Advisor Semiconductors A
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Key Market Developments  

• In Oct 2023, Unicharm Corporation (CEO & President, Mr. Takahisa Takahara), through its Group subsidiary Peparlet Co., Ltd. (President, Mr. Shotaro Otoguro), a manufacturer of pet care products, built a new factory in Shimada, Shizuoka Prefecture.

Market Segment 

This study forecasts revenue at japan, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Japan pet wearable market based on the below-mentioned segments:

Japan Pet Wearable Market, By Product

• Smart Collar
• Smart Vest
• Smart Harness
• Smart Camera
• Others

Japan Pet Wearable Market, By Technology

• GPS
• RFID
• Sensors
• Others