Maine Coon cats on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
The 26th Pet Fair Asia kicked off in Shanghai on Wednesday, and the fair lasts until Aug 25.
China's "pet economy" has shown huge potential for development, with the rapid growth of related industries and a trend with an upgrading of consumption concept.
Since the beginning of 2024, the newly registered enterprises related to the pet industry reached 945,000 in China, the Economic Information Daily reported.
The market size of pet consumption reached 279.3 billion yuan ($39.09 billion) in urban areas in 2023 and is expected to jump to 361.3 billion yuan by 2026.
Wash supply products on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
Live streamers promote pet parrots during a live show at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
Prosthesis made for pets on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
Shiba Inu dogs on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
People interacts with a pet cat at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
A pet cat on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
A snow-white bichon frise on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
A ferret on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
A black king snake, also known as Lampropeltis getulus nigrita on display at the 26th Pet Fair Asia held in Shanghai, Aug 22, 2024. [Photo/VCG]
