Global Pet Services Market 2020-2025

DUBLIN, August 19, 2020 /PRNewswire/ — The “Pet Services Market – Growth, Trends and Forecasts (2020-2025)” report has been added to from ResearchAndMarkets.com offer.

The global pet services market is expected to grow at a CAGR of 5.2% during the forecast period (2020-2025).

The popularity of pet fashion among pet owners will positively impact the market and contribute significantly to its growth over the forecast period. Some pet owners, especially affluent ones, are very keen on representing their lifestyle by spending on comfortable and luxurious products for their pets. This encourages many competitors in the market to launch many products in the toiletry and accessories segment. Pet services include pet sitting, pet grooming, pet travel, pet training, pet hotels and personalized pet subscription boxes. ‘pet.

Main market trends

Increased number of pet owners and increased spending on pets

In the United States, nearly 85 million households have a pet, and over the past 30 years pet ownership has increased from 56% to 68% of all households. The boom in pet care spending has led to a huge increase in products and services for affluent pet owners. Rise in aging population in developed countries is driving the growth of the global pet daycare and boarding market as they are considered good companions for the elderly. With the growing number of pets, pet owners are increasingly spending on service packages with more options, including food and grooming options. The desire for improved pet care products and accessories such as pet furniture has increased due to the growing importance of pets and services.

America dominates the pet services market

According to estimates by the American Pet Products Manufacturers Association, Americans spend $5.4 billion on pet grooming and boarding services in 2017. The US and UK have long been the global pet market leaders. Another growing force in the pet market is Russia, which has seen dramatic growth in the pet industry. As more Russians take on the responsibility of owning a pet, concern for their well-being is also growing. And that has a big impact on how the country’s pet industry has shaped itself. Emerging markets are poised for dramatic growth in pet care. Dense urbanization trends and small living spaces will change the types of pets people own and how they care for them.

Competitive landscape

The market appears to be fragmented with the presence of numerous businesses, attracted by lower start-up costs than maintaining a physical business, more groomers, pet travel services, pet waste removal and funeral/bereavement services are getting into this mobile grooming on their own or through franchises. Mobile groomers typically advertise at local veterinary practices and pet stores. More and more companies/start-ups are exploiting this fertile area.

Main topics covered

1. INTRODUCTION
1.1 Study deliverables
1.2 Assumptions of the study
1.3 Scope of the study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Constraints
4.4 Porters 5 Force Analysis

5 MARKET SEGMENTATION
5.1 By type of animal
5.1.1 Dog
5.1.2 Cat
5.1.3 Others
5.2 Kind of Service
5.2.1 Grooming
5.2.2 Transporting pets
5.2.3 Pet Boarding
5.2.4 Pet sitting
5.2.5 Animal walking
5.2.6 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 UK
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Rest of Asia Pacific
5.3.4 Rest of the world
5.3.4.1 Brazil
5.3.4.2 South Africa
5.3.4.3 Other countries

6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 PetBacker
6.3.2 Petfolio
6.3.3 AirPets Relocation Services Pvt. ltd.
6.3.4 Global Pet Relocation
6.3.5 Pet Smart Inc.
6.3.6 Anvis Inc.
6.3.7 Virbac
6.3.8 Crazy Barking
6.3.9 We love pets
6.3.10 My best friend dog guard

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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Marie R. McCraw