Report Ocean offers a thorough analysis of the Pet Services Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on Pet Services Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.
Global Pet Services Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ over the forecast period 2022-2028.
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Pet Services refers to locations where domestic animals are groomed. Animal boarding, pet sales, grooming, and pet shops are examples of pet services. The Pet Services market is expanding because of factors such as an increase in the Number of Pet Owners and increased Spending on Pets. However, may halt market growth.
According to the American Pet Products Association’s (APPA) National Pet Owner’s Survey (2020-2021), there are about 90.5 million pet-owning homes in the United States. Over the past 30 years, the percentage of households with pets has increased from 56.0% to 68.0%. A significant rise in goods and services targeted at wealthy pet owners can be attributed to the surge in pet care spending. As pets are seen as good companions for the elderly, the growing older population in industrialized nations is driving the rise of the worldwide pet daycare and lodging business. Customization is more appealing to clients since it gives the pet a more unique personality, and it is anticipated that this element will have a significant impact on the expansion of the pet service. However, the high cost of Pet Services stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Pet Services Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Among these regions, North America holds the highest share owing to factors such as rising number of pet ownership, and rising spending on pet grooming, Furthermore, the Asia Pacific region is also growing at a highest rate owing to factors such as rising disposable income in key markets, an increase in the pet population, and the availability of pet care providers all create the profitable potential for the forecast period in the region.
Major market players included in this report are:
A Place for Rover, Inc.
Pets at Home, Inc.
Wag Labs, Inc.
Highland Canine Training, LLC
Dogtopia Enterprises
Pooch Dog SPA
American Pet Resort, LLC
Pawz and Company
AirPets International
Paradise 4 Paws, LLC
Recent Developments in the Market:
In July 2021, Nebula Caravel Acquisition Corp. announced the acquisition of Rover. With this acquisition, the company would have better access to a variety of stakeholders, which will help it gain market share in the sector.
In 2020, We Love Pets opened a pet grooming salon in Trowbridge, offering a variety of salon services for dogs of every breed, size, and coat. Pets can enjoy massages with honey and oats, treatments for bad breath, and so on. The company’s service portfolio was increased because of this service innovation, which also increased regional market share.
Global Pet Services Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Pet Type, Service Type, Distribution Channel, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Pet Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Pet Type:
Dogs
Cats
Others
By Service Type:
Pet Boarding
Pet Training
Pet Grooming
Pet Transportation
Dog Walking
Others
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By Delivery Channel:
Commercial facilities
Mobile/ Outdoors
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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