Chinese pet cats and dogs quantity ranks first in the world

The data show that Chinese cities' and towns' pet consumption markets will exceed 202 billion 

in 2019. The Taobao data also show that the post-90s are the main force of keeping pets 

and they account for 40% of the cat and dog buyers. The funny thing is that the half of post-90s 

pet keeper is single and 90% of them think the pets are the same as family members.

According to the foreign media reports, the Chinese people are expected to spend 202 billion 

on pets this year, it is increased 19% over last year. Chinese pet cats and dogs quantity ranks first 

in the world now. It is predicted that by 2024, China will have 248 million pet cats and dogs, 

much more than the US's 172 million.

Chinese pet products market has huge potential, we believed that more and more capital will be 

invested in this industry. Petempt also increases investment in product design, research 

and development. We will have more new products launched in the market to meet new 

and old customers demand next year.