Aug. 11 – Raising a pet is popular in today’s Chinese family, some foreign writers find chances in publishing pet book in China, some translate pet food book from English to Chinese, some producing pet care products, most importantly, there is a newest emerging China pet food and pet book market in China. No one ignore the newest phenomenon of Chinese people start to fund of raising pets. For commercial in tuned business owners, any new trends in China mean new trends of business chance. Pet food industry is no exceptional. As the saying goes, only through curiosity can we discover opportunities, and only through gambling can we take advantage of them.
Why China pet food and pet book market grow fast?
According to China market statistics, Chinese pet-owners spent RMB7.84 billion on pet care in 2012, and this number is predicted to rise 64 percent by 2017, to RMB12.9 billion. The majority of these sales take place in independent pet shops, though chain stores and e-commerce sites have made significant market inroads. Beijing alone features two pet markets, about 20 boutique shops, over 30 agencies and nearly 400 retail shops. Average family income is steadfast increasing in China; the extraordinary growth of the Chinese pet care industry is generally attributed to major changes in Chinese family pattern. According to the China National Bureau of Statistics, there has been a sharp spike in older Chinese, with the percentage of over-60s rising by nearly three percentage points to 13.3 per cent of the total population, or 178 million people, China is getting aging.
Who are China pet food and pet book market targeted groups?
At the same time, there was a sharp drop in the number of young Chinese, with under-14s making up just 16.6 per cent of the population, down from 22.9 per cent at the last count. In the country’s one-child families, many children feel increasingly trapped by the responsibility of each caring for an “upside-down pyramid” of two parents and four grandparents. Up to the solutions, China’s aging population is driving up the purchasing of companion pet animals, and the growing number of Chinese couples opting to give up parenthood is also pouring up pet ownership, in 2012 there were an estimated 49 million couples without children in China, raising a pet is a way of emotional comfort, China pet book and pet food market are in fast pace developing, they are the newest emerging industry.
Why not get into China pet food and pet book market?
Ideas will be the major source of new wealth along the rode of business, investment and self-made wealth. China pet food and pet book market is the booming in China. Foreign language pet books will have more chances in China pet market if it is translated into Chinese for the general public readers, and if you connected with the right Chinese publishing houses. Foreign pet food investors from France, Japan, Germany and the U.S. have been quick to seize opportunities in the pet care industry in China, investing in everything from pet food, to veterinary clinics, to specialized online retailers. In May 2014, pet product e-retailer Boqii.com secured US$25 million from an undisclosed U.S.-based investment firm. For “List of Chinese Publishing House Publishing Pet Books for the Chinese Market” & “China Pet Market Report 2014-2017” are available upon request, contact with DCCC, or mail to: email@example.com