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Pet businesses booming in Taiwan

Taipei, Nov. 14 (CNA) The increasing pet-keeping population in Taiwan has turned pet-related products and services into a booming industry.

At the 2015 Taipei Pets Fair being held Nov. 13-16 at the Taipei World Trade Center, exhibitors are displaying various kinds of new products to vie for a share of the flourishing market.

Among these products are home-grown salad greens for dogs, non-anesthetic teeth-cleaning technology from Japan and bridal gowns for pets.

Top Link International Exhibition Co., the main organizer of the trade fair, said Taiwan’s pet market is gradually maturing, with pet-related business opportunities worth NT$50 billion (US$1.52 billion) per year.

According to Ibiyaya, a local pet stroller brand, sales of pet strollers in Taiwan has been increasing in recent years, as pet owners nowadays pamper their pets more than in the past.

The company has seen its sales expand five-fold over the past 13 years since its foundation, Ibiyaya said.

So far, the brand has made its presence felt in more than 20 countries including Japan, the United States, Brazil and Australia, with exports accounting for 70 percent of the company’s revenue.

(Reported by Chen Cheng-wei and Y.F. Low 2015)