Author: Kim Joo-heon

[YONHAP PHOTO] SEOUL — South Korea’s love of furry friends shows no signs of slowing down. According to a recent report by Euromonitor, the global market analyst company, the country’s pet care market will reach a staggering $2.45 billion by 2023, marking a 5.6 percent increase from the previous year. This impressive growth comes amid a larger trend: the market has tripled in size since 2013, surpassing the global average of a 1.9-fold increase over the same period.Many factors contribute to this remarkable expansion. The COVID-19 pandemic, especially during its first phase in 2020, has seen…