On August 20, 2020, at the 23rd Pet Exhibition held at the Shanghai New International Expo Center, Zhao Wenqian, the head Fax List of Kuaishou Pets, officially released the "2020 Kuaishou Pet Ecology Report". According to the report, the video about pets on Kuaishou Fax List has a maximum of 700 million views in a single day; there is a pet live broadcast every 5.4 seconds, and the number of viewers of Kuaishou pets has exceeded 100 million.
According to the latest monitoring data from Frost & Sullivan, the number of households raising pets in China increased from 69.34 Fax List million in 2013 to 99.78 million in 2018, a year-on-year increase of 43.9% in five years. The proportion of households with pets per 10,000 households in China has also increased from 16% in 2013 to 22%. With the further development of China's pet market, it is estimated that by 2023, the size of China's pet market will reach 472.3 billion yuan.
With a considerable market base and huge commercial scale, the pet market has become one of the most popular economic tracks nowadays. In the 1980s and 1990s, the cats and dogs that caught mice in Chinese rural care homes have Fax List become a new trend in modern urban life. According to public data on the Internet, among the group structure of pets, the growth Fax List rate of single young people is particularly impressive, which is completely different from the family-based breeding situation in the 1980s and 1990s.