If you’re thinking of starting a pet supplies business, Chinese-made products should be one of your choices! Today, let’s discuss some interesting insider information about the pet supplies wholesale market in China.
The supply far exceeds domestic demand
China has a large number of pet supplies factories, and the production far exceeds domestic demand.
Not only is the volume low, but buyers often have low quality expectations. That’s why both big and small factories can produce items. In fact, around 80% of these factories rely heavily on foreign trade, benefiting from good profit margins and minimal after-sales hassle, especially with strong consumer power in markets like Europe and America.
70% of the products are designed for Western and K-J styles.
Did you know that about 70% of pet supplies are designed for Western and K-J styles? Many foreign trade companies tailor their products to fit the aesthetics of these markets. Western designs tend to be simple and elegant, while Asian markets favor more colorful and cute options.
Decreasing Wholesale Profits
Now, let’s talk profits. While pet supplies generally have higher margins than everyday goods, the overall market is smaller, leading to higher marketing costs. Recently, exporting from China has become tougher, and local competition is fierce. Since 2022, the profit margins in pet supplies have been declining.
Most Profitable Products
From a profit perspective, products that require manual assembly benefit from China’s labor advantages. Items like pet carriers, brushes, and plush toys often have higher profit margins because of this.
Shifting from Offline to Online
Lastly, the offline market is getting tougher, with most domestic trade now happening on platforms like 1688. Internationally, sales are shifting to sites like AliExpress, Temu, and Amazon, thanks to China’s booming e-commerce economy.
As the pet supplies industry becomes more market-driven, the offline wholesale landscape is changing rapidly. What do you think the future holds?
