Demand for Furkids on the rise .......
I am bullish on this sector for the long haul and will be nibbling on this stock soon.
Aging population, getting late to marriage and not having kids after marriage.......this combination will result in more singles, couples keeping furkids more than anything. Currently, the market is fragmented with pretty low entry and I believe over time, there will be some consolidation amongst the big boys.
This trend is not only taking place in China but like Japan, Singapore, Korea and Thailand, I see a similar pattern.
Aging population, getting late to marriage and not having kids after marriage.......this combination will result in more singles, couples keeping furkids more than anything. Currently, the market is fragmented with pretty low entry and I believe over time, there will be some consolidation amongst the big boys.
This trend is not only taking place in China but like Japan, Singapore, Korea and Thailand, I see a similar pattern.
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