Demand for Furkids on the rise .......
Updated
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.
Trade active
sixthtone.com/news/1016216Trade closed: target reached
Logic is pretty simple - 5-10 years down the road, the low fertility rate challenge in many countries like Singapore, HK, SK, China, etc is not going to be resolved easily. Cost of living is going one way - UP and costs of education as well. So what do married couples do other than partying, travel, etc ? They need a companion and the four legged animal is their substitute in many ways. What happens in Japan will be carried out more or less in China as well. Thus, the pet food, pet care industry is more likely to go up than down. Note
trade active not closed !!!!
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