Global Pet Boarding Services Market
Dublin, Sept. 21, 2023 (GLOBE NEWSWIRE) — The “Pet Boarding Services Market Size, Share & Trends Analysis Report By Pet Type (Dogs, Cats), By Service Type (Long Term, Short Term), By Region, And Segment Forecasts, 2023 – 2030” report has been added to AnalysisAndMarkets.com’s providing.
The world pet boarding companies market measurement is projected to achieve USD 12.59 billion by 2030 and is anticipated to develop at a CAGR of 8.30% from 2023 to 2030
The pet boarding and daycare market is experiencing substantial development, fueled by rising pet companionship charges, the humanization of pets, and rising expenditures within the pet trade. Pet homeowners are more and more conscious of the availability of inexpensive pet boarding companies, together with canine daycare facilities, contributing to market enlargement. Key gamers within the trade are taking initiatives to assist this development additional.
The COVID-19 pandemic had a blended impression in the marketplace. In 2020, the market confronted a slowdown resulting from motion restrictions, lockdowns, and decreased demand for pet boarding companies as extra individuals labored from home. However, the market rebounded within the following yr as lockdowns led to a surge in pet adoptions worldwide.
The pandemic highlighted the psychological advantages of pet possession and the necessity for protected locations for pets to socialize, have enjoyable, calm down, and study, driving the market’s resurgence.
The world pet inhabitants has additionally been on the rise, with vital will increase in companion animals from 2016 to 2020, in response to The American Veterinary Medical Association. In the U.S. alone, hundreds of thousands of households personal dogs and cats, reflecting the rising pet possession development. Moreover, main gamers are increasing their attain by agreements and enlargement actions, additional propelling market development.
For instance, Dogtopia secured a considerable franchise settlement in March 2022, planning so as to add round 60 new places throughout the U.S. within the coming years. These components collectively contribute to the thriving pet boarding and daycare market.
Key Attributes:
|
Report Attribute |
Details |
|
No. of Pages |
150 |
|
Forecast Period |
2022 – 2030 |
|
Estimated Market Value (USD) in 2022 |
$6.72 Billion |
|
Forecasted Market Value (USD) by 2030 |
$12.59 Billion |
|
Compound Annual Growth Rate |
8.3% |
|
Regions Covered |
Global |
Pet Boarding Services Market Report Highlights
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In phrases of pet kind, the canine phase dominated the marketplace for pet boarding companies with the biggest income share of over 80% in 2022. This is attributed to the adoption of boarding companies for canine breeds, coupled with their rising inhabitants in developed international locations
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Based on the kind of companies, the short-term or daycare phase dominated the market with the biggest income share of 54.54% in 2022. Short-term pet boarding companies are sometimes probably the most adopted and most well-liked possibility as they’re comparatively extra in demand and permit the proprietor to depart their pets below skilled care throughout the daytime
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The North America area dominated the worldwide trade with the biggest income share of over 35% in 2022. This substantial share is owing to the presence of a big pet inhabitants with respectively excessive expenditure on pet companies
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The market is aggressive and largely fragmented with the presence of a big variety of small- to large-scale pet boarding service suppliers
Company Profiles
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A Place for Rover, Inc.
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Holidog.com
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Fetch! Pet Care
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Swifto Inc.
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Camp Bow Wow
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PetSensible LLC
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PARADISE 4 PAWS.
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PetBacker
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We Love Pets
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Anvis Inc.
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Dogtopia Enterprises
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Industry Analysis
3.3.1. Porter’s
3.3.2. PESTLE
3.4. Estimated Pet Population by Region & Key Countries, 2022
3.5. Market Opportunity Analysis
3.6. Pricing Analysis
3.7. User Perspective Analysis
3.7.1. U.S. Pet Owner Profile Based on Demographics, 2022
3.8. COVID-19 Impact Analysis
Chapter 4. Pet Boarding Services Market: Pet Type Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Pet Boarding Services Market: Pet Type Movement Analysis, USD Million, 2022 & 2030
4.3. Dogs
4.4. Cats
4.5. Others
Chapter 5. Pet Boarding Services Market: Service Type Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Pet Boarding Services Market: Service Type Movement Analysis, USD Million, 2022 & 2030
5.3. Long Term
5.4. Short Term
Chapter 6. Pet Boarding Services Market: Regional Estimates & Trend Analysis
6.1. Pet Boarding Services Market: Regional Movement Analysis, 2022 & 2030
Chapter 7. Competitive Landscape
For extra details about this report go to https://www.researchandmarkets.com/r/ndgmdx
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