pet market continues to grow! Thai Prime Minister Says: Pet Business to Generate 250 billion in 2023!
a few days ago, Thai Prime Minister Saita shared a group of photos with his pet dog through his personal social account, saying,the current trend of pet parents (I. e., caring for dogs and cats as if they were children) is on the rise, and this trend has led to major malls, shops and cafes becoming "pet-friendly.
Sita said that with the vigorous development of the pet market, there have been many new businesses aimed at meeting the needs of "parents" and "guardians", including hotels, schools, swimming pools, spas, food, clothing and small objects, including drinking fountains, post-bath hair dryers and automatic feeding machines.
In addition, he further stated that he himself is a dog lover and pays a certain fee for dogs every month, so he believes that the pet market can develop rapidly. According to the data of the Department of business development, the income of pet business reaches 250 billion baht, which is a good opportunity for Thai enterprises that are good at production and service, and it is also an excellent opportunity for the field of pet tourism. In the future, the customer base will continue to increase, and Thai enterprises should not miss this opportunity.
via Thai-Chinese Financial Exchange
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