Europe Animal Transportation Market 2020 Trends, Size Outlook, Demand Projections, Revenue and Sales | Industry Research Report 2027
Europe Animal Transportation Marketsize is projected to reach USD 516.75 million by the end of2027. The increasing dairy and farming industry across the world will emerge infavor of market growth. According to a report published by Fortune BusinessInsights, titled “Europe Animal Transportation Market Size, Share & COVID-19 Impact Analysis, By Animal(Cattle, Pigs, Poultry, Pets, Sheep & Goats, and Others), Type (Personaland Commercial), Regional Forecast, 2020 – 2027” the market wasworth USD 408.46 million and will exhibit a CAGRof 4.3% during the forecast period, 2020-2027.
Animal transportation is an importantaspect of several industry verticals across the world. The usage oftransportation is higher in sectors such as farming and dairy industries willemerge in favor of the growth of the overall market in the coming years. The increasingpet adoption across the world will have a huge impact on the growth of themarket in the foreseeable future. Animal transportation is significantly higherin several parts of Europe than in a few other regions.
Moreover, the transportation of rarebreeds of animals internationally will have a massive impact on market growth.The presence of several large scale companies will bode well for the growth ofthe overall market in the coming years. Additionally, increasing investments inthe development of efficient products will contribute to market growth.
Bans on International Travels duringthe Covid-19 Pandemic will Restrict Market Growth
The recent coronavirus outbreak has hada negative impact on the growth of several business sectors across the world.With the rapid spread of the disease, governments across several countries arelooking to implement strict measures with the hope of minimizing the impact ofthe virus. These measures include social distancing practices and lockdownsthat have been implemented across the world. International travel bans have hadan adverse impact on the Europe animal transportation market in the past fewyears. The increasing Covid-19 cases in countries such as the UK and Italy willalso have a negative impact on the growth of the market.
Increasing Number of Company Mergersand Collaborations will Aid Growth
The report encompasses several factorsthat have contributed to the growth of the overall market in recentyears. The increasing pet adoption in several European countries willhave a huge impact on the growth of the European animal transportation marketin the coming years. Accounting to this, large scale companies are looking toacquire as well as collaborate with other companies in this sector with the aimof establishing a stronghold in the market.
In May 2019, Delta Airlines announcedthat it has partnered with Carepod. The latter is a start-up company that dealswith specialized crates for animal transportation. Through this collaboration,the company will look to establish a wider consumer base across this region.The increasing number of such company mergers and acquisitions will have a hugeimpact on the growth of the overall market in the forthcoming years.
List of the Leading Companies Profiledin the Europe Animal Transportation Market are:
- United Parcel Service (Georgia, United States)
- FedEx (Tennessee, United States)
- Gradlyn GmbH (Germany)
- American Emo Trans Inc., (United States)
- American Airlines Inc., (Texas, United States)
- Amerijet International Inc., (Florida, United States)
- Air France (Tremblay-en-France)
- DSV Panalpina A/S (Hedehusene, Denmark)
- IAG Cargo (Hounslow, United Kingdom)
- Herfurth Logistics (Antwerpen, Belgium)
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Industry Developments:
· May 2019: Delta Airlines announced that it haspartnered with a start-up company CarePod to design and launch specializedcrates for pet transportation. The crate has multiple layers of protectivewalls, dimmed lighting for reducing the stress-level in pets and an in-builtwater supply system.
Browse Detailed Summary of ResearchReport with TOC:
https://www.fortunebusinessinsights.com/europe-animal-transportation-market-104209
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Porter’s Five Forces Analysis
- Impact of COVID on the market
- Regulatory framework
- Europe Animal Transportation Market Analysis, Insights and Forecast, 2016-2027
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Animal (Value)
- Cattle
- Pigs
- Poultry
- Pets
- Sheep & Goats
- Others
- By Type (Value)
- Personal
- Commercial
- By Region (Value)
- Germany
- France
- Italy
- UK
- Russia
- Austria
- Bulgaria
TOC Continued…!
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