Global Pet Sitting Market
Dublin, Sept. 19, 2022 (GLOBE NEWSWIRE) — The “Pet Sitting Market Size, Share & Trends Analysis Report by Pet Type (Dogs, Cats), by Service Type (Care Visits, Drop-in Visits), by Region (Asia Pacific, North America, MEA, Europe, LATAM), and Segment Forecasts, 2022-2030” report has been added to AnalysisAndMarkets.com’s providing.
The world pet sitting market measurement is anticipated to achieve USD 5.14 billion by 2030, in accordance with this report. The trade is estimated to broaden at a CAGR of 11.52% from 2022 to 2030.
An growing variety of initiatives by key gamers, the emergence of start-ups, rising pet expenditure, and multi-service choices by main corporations are among the key components driving the trade development. In February 2022, Petco partnered with Rover.com to attach Petco’s clients to pet boarding, sitting, and canine walking providers. The COVID-19 pandemic had a damaging influence on the worldwide trade with low demand and gross sales. Several businesses had been shut down quickly or completely as a consequence of pet mother and father working from home, motion restrictions, and issues over zoonoses.
For instance, round 85% of members of the Pet Sitters International neighborhood reported a greater than 50% decline in business in the course of the peak of the pandemic. The frequent modifications of guidelines for pet sitting and different businesses additional added to the confusion and uncertainty all through 2020. However, with the easing up of the restrictions and back-to-office situations, the trade has recovered step by step. The rising pet adoption throughout the globe is boosting the demand for pet care providers, corresponding to pet sitting. In addition, growing spending of pet homeowners on numerous providers and rising disposable earnings ranges, notably in creating economies, are anticipated to propel the adoption of pet sitting providers within the coming years.
As increasingly more pet mother and father view their pets as members of the family, they’re extra prepared to spend on their pet’s well being, grooming, and care. This has led to a rise within the uptake of pet providers. The development is predicted to proceed as pet mother and father return to workplaces and thus go for such providers to make sure pet security. The trade is extremely aggressive with the presence of a number of unbiased business homeowners providing aggressive pricing and implementing numerous gross sales & advertising methods. Emma Seaney, for instance, is an unbiased pet sitter and a professional veterinary nurse within the U.Ok. providing pet care visits for rabbits, rodents, birds, cats, chickens, fish, and different animals. This contains home sitting service in addition to medication administration, nail clipping, tick removing, and de-matting providers.
Pet Sitting Market Report Highlights
-
The key drivers of the trade embody a rising variety of corporations, back-to-office tendencies post-COVID-19 restrictions, and rising pet well being issues
-
Pettner Co., Ltd. as an illustration, is a South Korean start-up based in 2017, that provides multi-category pet providers through its on-line platform. This contains providers corresponding to pet boarding, home sitting, and canine walking
-
By pet sort, the dogs pet sort phase held the very best income share in 2021 whereas the cats phase is predicted to develop on the quickest CAGR over the forecast interval
-
The care visits phase dominated the trade in 2021. The drop-in visits phase, however, is projected to develop on the highest CAGR from 2022 to 2030
-
North America accounted for the biggest share of the worldwide income in 2021 and is predicted to proceed to dominate the trade over the forecast interval
-
This is attributed to the presence of quite a few pet sitting service suppliers, excessive pet expenditure, and rising pet humanization within the area
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Pet Sitting Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Penetration & Growth Prospect Mapping, 2021
3.3 Pet Sitting Market Dynamics
3.3.1 Market driver evaluation
3.3.1.1 Increasing expenditure on pets
3.3.1.2 Rising pet humanization
3.3.1.3 Increasing initiatives by private and non-private organizations
3.3.1.4 Rising enlargement of pet service choices
3.3.1.5 Increasing adoption of subscription-based pet providers
3.3.2 Market restraint evaluation
3.3.2.1 Rising pet care prices
3.3.2.2 Pet abandonment
3.3.3. Market alternative evaluation
3.3.4. Market problem evaluation
3.4 Pet Sitting Market Analysis Tools: Porters
3.5 Pet Sitting Industry Analysis – PEST (Political & Legal, Economic, Social, and Technological)
3.6. Estimated Pet Population, by geographies & Key Species
3.7 Consumer Trend & Preferences
3.8 Service Pricing Analysis
3.9 Business Plan Analysis
3.9.1 STP Analysis (Segmentation, Targeting, and Positioning)
3.10 COVID -19 Impact Analysis
Chapter 4 Pet Sitting Market: Segment Analysis, By Pet Type, 2017 – 2030 (USD Million)
4.1 Pet Type Market Share Analysis, 2021 & 2030
4.2 Pet Sitting Market, by Pet Type, 2017 to 2030
4.3 Dogs
4.3.1 Dogs market, 2017 – 2030 (USD Million)
4.4 Cats
4.4.1 Cats market, 2017 – 2030 (USD Million)
4.5 Others
4.5.1 Others market, 2017 – 2030 (USD Million)
Chapter 5 Pet Sitting Market: Segment Analysis, By Service Type, 2017 – 2030 (USD Million)
5.1 Service Type Market Share Analysis, 2021 & 2030
5.2 Pet Sitting market, by Service Type, 2017 to 2030
5.3 Care Visits
5.3.1 Care Visits market, 2017 – 2030 (USD Million)
5.4 Drop-in Visits
5.4.1 Drop-in Visits market, 2017 – 2030 (USD Million)
Chapter 6 Pet Sitting Market: Regional Market Analysis 2017 – 2030 (USD Million)
Chapter 7 Pet Sitting Market – Competitive Analysis
7.1 Market Participant Categorization
7.1.1. Company Market Position Analysis
7.1.2. Synergy Analysis: Major Deals & Strategic Alliances
7.1.3. Market Leaders & Innovators
7.2. List of Key Companies/ Service Providers
Chapter 8 Pet Sitting Market – Company Profiles
8.1 A Place for Rover, Inc.
8.1.1 Company overview
8.1.2 Financial Performance
8.1.3 Service sort benchmarking
8.1.4 Strategic initiatives
8.2 Pets at Home, Inc.
8.2.1 Company overview
8.2.2 Financial efficiency
8.2.3 Service sort benchmarking
8.2.4 Strategic initiatives
8.3. Wag! Group Co.
8.3.1 Company overview
8.3.2 Financial efficiency
8.3.3 Service sort benchmarking
8.3.4 Strategic initiatives
8.4 PetBacker
8.4.1 Company overview
8.4.2 Financial efficiency
8.4.3 Service sort benchmarking
8.4.4 Strategic initiatives
8.5 Careguide Inc.
8.5.1 Company overview
8.5.2 Financial efficiency
8.5.3 Service sort benchmarking
8.5.4 Strategic initiatives
8.6 Fetch! Pet Care
8.6.1 Company overview
8.6.2 Financial efficiency
8.6.3 Service sort benchmarking
8.6.4 Strategic initiatives
8.7 Holidog.com
8.7.1 Company overview
8.7.2 Financial efficiency
8.7.3 Service sort benchmarking
8.7.4 Strategic initiatives
8.8 PetGood LLC
8.8.1 Company overview
8.8.2 Financial efficiency
8.8.3 Service sort benchmarking
8.8.4 Strategic initiatives
8.9 Dogtopia Enterprises
8.9.1 Company overview
8.9.2 Financial efficiency
8.9.3 Service sort benchmarking
8.9.4 Strategic initiatives
8.10 Swifto Inc.
8.10.1 Company overview
8.10.2 Financial efficiency
8.10.3 Service sort benchmarking
8.10.4 Strategic initiatives
For extra details about this report go to https://www.researchandmarkets.com/r/wm4kzt
Attachment
CONTACT: CONTACT: AnalysisAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900