In fact, there's a lot going on in China. The huge wave of modernisation that has been sweeping across this massive country, or at least its metropolises, in the last few years has been fuelled by China's growing prosperity. This has led to the creation of a burgeoning middle class. In this stratum, shopping is in, and the extent to which this is the case is evident from the multitude of shopping centres in big cities awaiting customers with spending power. The appetite of Chinese consumers has been whetted further by the Internet and social media, and so fashion trends from the western industrialised nations are soon picked up in China also.
This social transformation also has consequences for the pet supplies sector. On account of the high symbolic significance of ornamental fish in China, aquariums are still the dominant segment in most Chinese pet shops. It is striking, however, that dog and cat ownership has increased in popularity considerably in recent years. This is paralleled by a rise in the number of stores that include these pets and products for them in their range. It may be a while yet before the market volume attains a size comparable with Europe and America; but even if the Chinese economy might not grow quite as fast in future, the approximation in living conditions between China and the leading industrial nations is likely to continue.
Yours
Ralf Majer-Abele
Contact details Phone +49/72 43/575-230 • E-Mail r.majer-abele@daehne.de