Europe Animal Transportation Market growth Report by Technology, Industry Share and Size Expansion to 2027 | Fortune Business Insights™
Europe Animal Transportation Market
size is projected to reach USD 516.75 million by the end of
2027. The increasing dairy and farming industry across the world will emerge in
favor of market growth. According to a report published by Fortune Business
Insights, titled “Europe Animal Transportation Market Size, Share & COVID-19 Impact Analysis, By Animal
(Cattle, Pigs, Poultry, Pets, Sheep & Goats, and Others), Type (Personal
and Commercial), Regional Forecast, 2020 – 2027” the market was
worth USD 408.46 million and will exhibit a CAGR
of 4.3% during the forecast period, 2020-2027.
Animal transportation is an important
aspect of several industry verticals across the world. The usage of
transportation is higher in sectors such as farming and dairy industries will
emerge in favor of the growth of the overall market in the coming years. The increasing
pet adoption across the world will have a huge impact on the growth of the
market in the foreseeable future. Animal transportation is significantly higher
in several parts of Europe than in a few other regions.
Moreover, the transportation of rare
breeds of animals internationally will have a massive impact on market growth.
The presence of several large scale companies will bode well for the growth of
the overall market in the coming years. Additionally, increasing investments in
the development of efficient products will contribute to market growth.
Bans on International Travels during
the Covid-19 Pandemic will Restrict Market Growth
The recent coronavirus outbreak has had
a negative impact on the growth of several business sectors across the world.
With the rapid spread of the disease, governments across several countries are
looking to implement strict measures with the hope of minimizing the impact of
the virus. These measures include social distancing practices and lockdowns
that have been implemented across the world. International travel bans have had
an adverse impact on the Europe animal transportation market in the past few
years. The increasing Covid-19 cases in countries such as the UK and Italy will
also have a negative impact on the growth of the market.
Increasing Number of Company Mergers
and Collaborations will Aid Growth
The report encompasses several factors
that have contributed to the growth of the overall market in recent
years. The increasing pet adoption in several European countries will
have a huge impact on the growth of the European animal transportation market
in the coming years. Accounting to this, large scale companies are looking to
acquire as well as collaborate with other companies in this sector with the aim
of establishing a stronghold in the market.
In May 2019, Delta Airlines announced
that it has partnered with Carepod. The latter is a start-up company that deals
with 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 huge
impact on the growth of the overall market in the forthcoming years.
List of the Leading Companies Profiled
in 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)
Key Questions Answered:
- Why Choose Fortune Business Insights?
- What are the key demands and trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
- What is the market size and growth rate of the global and regional
market by various segments?
- What is the market size and growth rate of the market for selective
countries?
- Which region or sub-segment is expected to drive the market in the
forecast period?
- What Factors are estimated to drive and restrain the market growth?
Industry Developments:
·
May 2019: Delta Airlines announced that it has
partnered with a start-up company CarePod to design and launch specialized
crates for pet transportation. The crate has multiple layers of protective
walls, dimmed lighting for reducing the stress-level in pets and an in-built
water supply system.
Browse Detailed Summary of Research
Report 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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