The Rise of “Nekonomics”: How Cats Are Purring Their Way Into the Market
The rise of "Nekonomics" economic trend is forecasted to reach 2.9 trillion yen by 2025, a 50% increase from 2022, driven by the popularity of cats in Japan. FamilyMart is…
The pet industry refers to the commercial sector that focuses on the production, distribution, and sale of products and services for pets. This industry encompasses a wide range of activities, including the manufacturing of pet food, toys, and accessories, as well as services such as veterinary care, grooming, training, boarding, and pet sitting. It also includes the retail sector, where pet owners can purchase these goods and services. The pet industry has grown significantly in recent years, driven by increased pet ownership and a greater emphasis on pet health and well-being. It reflects the evolving relationship between humans and their pets, with a focus on providing quality care and products that enhance the lives of pets and their owners.
The rise of "Nekonomics" economic trend is forecasted to reach 2.9 trillion yen by 2025, a 50% increase from 2022, driven by the popularity of cats in Japan. FamilyMart is…