Hongkongers Lead the Pack in Pet Care Spending in Asia-Pacific, According to OneDegree Insurer

Wednesday, 13 March 2024, 08:31

Hong Kong stands out as a top spender in pet care in the Asia-Pacific region, with pet owners investing around US$90,000 for their beloved animals. This trend showcases the significant growth and financial commitment in the local pet industry over the years, positioning Hong Kong as a key player in the pet care segment in Asia-Pacific.
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Hongkongers Lead the Pack in Pet Care Spending in Asia-Pacific, According to OneDegree Insurer

Pet Care Spending in Hong Kong

Hong Kong ranks high in the Asia-Pacific region in terms of pet care spending, with an average expenditure of around US$90,000 per pet.

Growth in Pet Industry

The pet industry in Hong Kong has witnessed steady growth, with pet owners showing a strong financial commitment towards their pets, spending close to US$90,000 on care items and services during their pets' lifetime.

Asia-Pacific Ranking

Hongkongers are among the top spenders in the region, emphasizing the significant role of pets in the lives of local residents.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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