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China’s ageing pets create a booming market for funerals and elder care

As China’s first generation of pet owners face ageing cats and dogs, a booming market for pet funerals, elder care, and health services is rapidly emerging.

March 24, 2025 / 16:30 IST
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China’s ageing pets create a booming market for funerals and elder care
China’s ageing pets create a booming market for funerals and elder care

In the outskirts of Shanghai, a small cabin offers a quiet place for grieving families to say goodbye to their pets. The process involves white funeral flowers, brick cremation furnaces, urns, and Buddhist statues — a sign of how deeply pet funeral services have taken root in China’s changing society.

What was once an informal or taboo subject is now part of a rapidly expanding industry, the Financial Times reported. With over 120 million cats and dogs in China’s urban areas, many of them ageing, pet death is no longer rare. Funerals can cost over Rmb1,000 ($140), with some premium services charging as much as $550.

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The rise of pet ownership in modern China China’s pet population has grown alongside urbanisation, rising incomes, and changing lifestyles. Pet ownership gained momentum in the past decade as childbearing declined, with cats and dogs now reportedly outnumbering toddlers in cities. According to a report by Beijing Paidu, the pet industry was worth Rmb300bn ($42bn) in 2023 — a 7.5 percent increase from the year before.

Low birth rates have made pets increasingly central to family life. Goldman Sachs estimates that China’s pet food market is nearing the size of its infant milk formula sector and could grow to $12 billion by 2030.