[K-Trends Exploration] Rapidly growing Petconomy

In line with the significantly increasing number of Korean households breeding pets, the pet consumption industry, the so-called ‘Petconomy’ is rapidly expanding.

Dogs travelling by air Source: Getty / Getty Images/Holly Hildreth

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애완동물을 넘어선 반려동물 시대

• 6.4 million households with a pet
• Dogs: About 5.86 million…80.7% of the whole pets
• Cats: About 2.11million…25.7% of the whole pets
• Diversity of Petconomy…’pet+tech’, ‘pet+interior’