𝐏𝐞𝐭 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 / 𝐍𝐮𝐦𝐛𝐞𝐫𝐬
The size of the global pet services market was assessed at $28.45 billion in 2023 and is projected to reach $58.92 billion by the end of 2032, with a compound annual growth rate (CAGR) of approximately 8.43% from 2024 to 2032.
𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐏𝐞𝐭 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬?
Pet services comprise a wide variety of services that are designed to meet the requirements of both the owners of pets and the creatures themselves. Pet grooming, pet boarding, pet sitting, dog walking, pet training, veterinary services, pet transportation, pet photography, and even spa treatments for pets are some of the services that might be included in this category. In its most basic form, the term “pet services” refers to any service that assists in the care of pets, provides them with entertainment, or improves their overall physical and mental health. In recent years, there has been a major increase in the demand for pet services. This can be attributed to the growing humanization of pets as well as the growing significance of pet companionship in many households.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐎𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.zionmarketresearch.com/sample/pet-services-market
The term “pet services” refers to a wide variety of services that are aimed to cater to the requirements of both the owners and their pets. Among these services are the following:
- Pet grooming: In order to maintain a clean and healthy appearance for pets, grooming services include bathing, brushing, haircuts, nail clipping, and other grooming services.
- Pet boarding: The provision of food, shelter, and sometimes extra services like as playtime and walks is included in the provision of pet boarding facilities, which are establishments where pets can remain temporarily while their owners are gone.
- Pet sitting: Care for pets while their owners are away, including feeding, walking, and companionship, is referred to as “pet sitting.” Pet sitting can take place in the home or at a facility.
- Dog walking: The practice of providing dogs with regular exercise and time spent outside, which is normally carried out by professional dog walkers.
- Pet training: lessons in socialization, obedience training, and behavior modification are all examples of pet training. These lessons are designed to teach pets appropriate manners and abilities.
- Veterinary services: The term “veterinary services” refers to the provision of medical care for animals, which may include routine checkups, immunizations, surgical procedures, and treating illnesses or injuries.
- Pet daycare: Pet daycare is a term that refers to the provision of daytime care and supervision for pets, which typically includes playtime, encounters with other animals, and periods of rest.
- Pet transportation: Providing services that ensure the safe and comfortable transportation of pets, such as pet taxis or pet relocation services, is referred to as “pet transportation.”
- Pet photography: Professional photography services that capture high-quality photographs of pets and their owners: this is what we mean when we talk about pet photography.
- Pet spa treatments: Luxurious grooming services for pets, which may include massages, facials, aromatherapy, and other pampering treatments. Pet spa treatments are examples of these kind of services.
In addition to catering to the varied requirements of pet owners, these services also make a positive contribution to the health, happiness, and overall well-being of their animal friends.
𝐂𝐥𝐢𝐜𝐤 𝗛𝐞𝐫𝐞 𝗧𝗼 𝗔𝐜𝐜𝐞𝐬𝐬 𝗧𝐡𝐞 𝗙𝐮𝐥𝐥 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝐞𝐩𝐨𝐫𝐭 : https://www.zionmarketresearch.com/report/pet-services-market
Pet Services Market: Competitive Space
The global pet services market profiles key players such as:
- A Place for Rover Inc.
- AirPets International
- Pets at Home Inc.
- Pet Resort LLC
- Wag Labs Inc.
- Pawz and Company
- Pooch Dog SPA
- Highland Canine Training LLC
- Dogtopia Enterprises
- American and Paradise 4 Paws LLC.
𝐏𝐞𝐭 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬
In recent years, the market for pet services has shown tremendous expansion as a result of numerous major causes, including the following:
- Rising Pet Ownership: There has been a consistent increase in the number of people who own pets all over the world. This trend can be attributed to a number of factors, including shifting lifestyles, urbanization, and the rising acknowledgment of pets as companions. The number of people who have pets in their homes has increased, which has led to an increase in the demand for services related to pets, such as grooming, boarding, and veterinary care.
- Humanization of Pets: The humanization of pets is a phenomenon in which pets are increasingly considered to be members of the family. As a result, pet owners are looking for high-quality services to ensure that their pets receive the best possible care and attention. Luxury pet grooming, spa treatments, and specialty food alternatives are just some of the premium pet services that have seen an increase in demand as a result of this trend.
- Busy Lifestyles: A significant number of people who own pets have hectic lifestyles, with rigorous work schedules and engagements in social activities. As a consequence of this, they frequently rely on pet services such as dog walking, pet sitting, and daycare to guarantee that their pets receive sufficient care, socialization, and exercise while they are away from home.
- Ageing Pet Population: Because of advancements in veterinary treatment and pet care, pets are living longer than ever before. This has resulted in a bigger population of senior pets that have specific requirements. This demographic shift has resulted in the creation of opportunities for pet services that are tailored to meet the specific needs of older pets. These services include geriatric veterinarian care, mobility aids, and palliative care in addition to other services.
- Technological Innovation: The industry of pet services has witnessed the rise of novel technologies and platforms that allow for the streamlining of operations, the enhancement of customer experiences, and the improvement of service offerings. Mobile applications, for instance, make it possible for pet owners to book appointments, monitor the health records of their animals, and gain access to on-demand services such as professional veterinary telemedicine and transportation for their pets.
- Increasing Disposable Income: Rising disposable incomes have made it possible for pet owners in many areas to dedicate more money toward pet-related expenses, such as premium pet services. This has enabled pet owners to spend more money on their pets. As a consequence of this, companies that provide services for pets have broadened their product lines in order to satisfy the rising demand for upscale and individualized services.
- Adjust Your Approach to E-Commerce: The rise of e-commerce has brought about a transformation in the market for pet services, making it simpler for pet owners to gain access to a diverse selection of products and services that are available online. In response to this trend, there has been a profusion of online pet stores, subscription services, and digital platforms for booking pet services, which has driven both the growth of the market and the competition within it.
In general, these growth factors point to a positive prognosis for the market for pet services, which presents potential for innovation, expansion, and diversification in order to cater to the ever-changing requirements of pet owners and the animals that they keep as companions during their lives.
The global pet services market is segmented as follows:
By Type
- Grooming
- Boarding
- Trading
By Animal Type
- Cats
- Dogs
By Delivery Channel
- Commercial Facilities
- Clinics