Pet Services Market

7500+ companies worldwide approach us every year for their revenue growth initiatives

Global top 2000 strategist rely on us for their growth strategies.

80% of fortune 2000 companies rely on our research to identify new revenue sources.

30000 High Growth Opportunities

95% renewal rate

KNOW MORE

Pet Services Market by Service Type (Grooming, Training, Boarding), Animal Type (Cats, Dogs), Delivery Channel (Clinics, Commercial facilities) and Region - Global Forecast to 2027

FREE BROCHURE FREE SAMPLE REPORT

Report Code: UC 6111 Jun, 2024, by marketsandmarkets.com

The global pet services market size is projected to reach USD 193.0 billion by 2027 from USD 124.5 billion in 2022, at a CAGR of 9% during the forecast period. Market is driven by factors such as rising pet population, growing awareness for pet health, increasing spending on pet care, increasing infrastructural facilities of the pet care stores. On the other hand, high cost of pet services and shortage of skilled personnel is expected to limit market growth to a certain extent in the coming years.

Some of the key drivers impacting the market include increased penetration of premium and subscription services, incorporation of data science within marketplace mechanics, operational efficiency, post-pandemic return to normal, and expansion of pet types and services offerings. For instance, premium services drive cross-selling to other service types, thus fueling the revenue growth. Premium subscribers also tend to opt for long-term plans that can increase customer loyalty and use of services. For instance, approximately one fourth of Wag Lab�s premium subscribers select annual plans. The growing adoption of online channels for marketing as well as service delivery is anticipated to fuel the market growth.

Pet Services Market

To know about the assumptions considered for the study, Request for Free Sample Report

�The dogs segment accounted for the largest market share in the pet services market, by animal type, during the forecast period�

The pet services market is segmented into cats, dogs, and others (exotics, small mammals, birds, aquatic animals), by animal type. In 2021, the dogs segment accounted for the largest market share in the pet services market, by animal type. The increasing pet ownership, expenditure on pets, pet humanization, and premiumization of pet products and services are attributed to the market growth.

The commercial facilities segment accounted for the largest market share in the pet services market, by delivery channel, during the forecast period

The pet services market is segmented into clinics, commercial facilities, and others (at-home, clinics, outdoors, etc.). In 2021, the commercial facilities segment accounted for the largest market share in the pet services market. The growth of the segment can be attributed to a large number of commercial facilities providing pet services, a wide variety of service portfolios, and the adoption of omnichannel sales and marketing strategies.

�APAC region accounted for the highest CAGR�

The global pet services market is divided into five regions: North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. According to the regional analysis, the Asia-Pacific region is likely to retain a significant market share in 2021 and the future. The Asia-Pacific Pet services market is being propelled by the factors, such as increasing pet population, availability of pet service providers, and rising disposable income in key markets presenting lucrative opportunities for the forecast period in the Asia Pacific region.

To know about the assumptions considered for the study, download the pdf brochure

Competitive Landscape

Key Industry Developments:

The key market players are involved in strategic collaborations, regional expansions, and new product launches to sustain the competition. Leading companies are involved in deploying strategic initiatives that include service expansion, competitive pricing strategies, sales and marketing initiatives, partnerships, and mergers and acquisitions. For instance, in November 2020, Walmart expanded its offerings lineup by launching Walmart Pet Care in collaboration with Rover. This enabled Rover and the pet care providers on Rover to connect to Walmart�s wide audience of pet owners. In February 2022, Wag Labs, Inc.- an online pet services marketplace merged with a blank check company formed to facilitate a merger or similar business combination - CHWAcquisition Corporation. With this, Wag intends to become listed on the Nasdaq.

The primary interviews conducted for this report can be categorized as follows:

By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
By Designation: C-level - 27%, D-level - 18%, and Others - 55%
By Region: North America - 51%, Europe - 21%, Asia Pacific - 18%, Latin America � 6% , and the Middle East & Africa � 4%

Lits of Companies Profiled in the Report:

Mars, Incorporated
A place for Rover, Inc.
Wag Labs, Inc.
Highland Canine Training, LLC
Petbacker
Dogtopia Enterprises
Pooch Dog Spa
American Pet Resort, LLC.
Pets at Home Group Plc
Pawz and Company
Airpets International
Paradise 4 Paws, LLC

Get online access to the report on the World's First Market Intelligence Cloud
Easy to Download Historical Data & Forecast Numbers
Company Analysis Dashboard for high growth potential opportunities
Research Analyst Access for customization & queries
Competitor Analysis with Interactive dashboard
Latest News, Updates & Trend analysis
Request Sample

Click on image to enlarge

Scope of the Report

Report Metric	Details
Market size available for years	2020�2027
Base year considered	2021
Forecast period	2022�2027
Forecast units	Million/Billion (USD)
Segments covered	Service Type, Animal Type, Delivery Channel, and region.
Geographies covered	North America, Europe, Asia Pacific, Latin America, and Middle East and Africa
Companies covered	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 CA 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, and others.

The study categorizes the pet services market based on service type, animal type at regional and global level.

Pet Services Market, By Service Type

Introduction
Boarding
Long term
Short term
Training
Transportation
Grooming
Others (Pet finding, Portrait & Photography, Poop Scooping, etc.)

Pet Services Market, By Animal Type

Cats
Dogs
Large Breed
Medium Breed
Small Breed
Others(Exotics, Small mammals, Birds, Aquatic animals)

Pet Services Market, By Delivery Channel

Introduction
Hospitals and Clinics
Commercial Facilities
Others (At-home, Online, Outdoors etc.)

Pet Services Market, by Region

North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIOND AND EXCLUSIONS
           1.2.2 MARKETS COVERED
           1.2.3 YEARS CONSIDERED FOR STUDY
    1.3 CURRENCY
    1.4 LIMITATIONS
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY
    2.1 RESEARCH APPROACH
    2.2 MARKET SIZE ESTIMATION
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.4 MARKET SHARE ESTIMATION
    2.5 SECONDARY SOURCES
           2.5.1 KEY DATA FROM SECONDARY SOURCES
    2.6 PRIMARY SOURCES
           2.6.1 KEY DATA FROM PRIMARY SOURCES
           2.6.2 KEY INDUSTRY INSIGHTS
    2.7 ASSUMPTIONS FOR THE STUDY
    2.8 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW
    5.1 INTRODUCTION
    5.2 KEY MARKET DYNAMICS
           5.2.1 MARKET DRIVERS
           5.2.2 RESTRAINTS
           5.2.3 OPPORTUNITIES
           5.2.4 CHALLENGES

6 INDUSTRY INSIGHTS
    6.1 INDUSTRY TRENDS
    6.2 REGULATORY ANALYSIS
           6.2.1 REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS
    6.3 MARKET ECOSYSTEM ANALYSIS
    6.4 TECHNOLOGY ANALYSIS
    6.5 KEY CONFERENCES & EVENTS IN 2022-23
    6.6 KEY STAKEHOLDERS & BUYING CRITERIA
           6.6.1 KEY STAKEHOLDERS IN BUYING PROCESS
           6.6.2 BUYING CRITERIA

NOTE-IN SECTION 6, GIVEN ANLYSIS ARE BASED ON PRELIMINARY RESEARCH AND MAY VARY IN THE FINAL REPORT

7 PET SERVICES MARKET, BY SERVICE TYPE
    7.1 INTRODUCTION
    7.2 GROOMING
    7.3 TRAINING
    7.4 BOARDING
           7.4.1 LONG TERM
           7.4.2 SHORT TERM
    7.5 TRANSPORATATION
    7.6 OTHERS (PET FINDING, PORTRAIT & PHOTOGRAPHY, POOP SCOOPING, ETC.)

8 PET SERVICES MARKET, BY ANIMAL TYPE
    8.1 INTRODUCTION
    8.2 CATS
    8.3 DOGS
           8.3.1 LARGE BREED
           8.3.2 MEDIUM BREED
           8.3.3 SMALLBREED
    8.3 OTHERS (EXOCTICS, SMALL MAMMALS, BIRDS, ACQUATIC ANIMALS)

9 PET SERVICES MARKET, BY DELIVERY CHANNEL
    9.1 INTRODUCTION
    9.2 CLINICS
    9.3 COMMERICAL FACILITIES
    9.4 OTHERS (AT-HOME, ONLINE, ETC., OUTDOORS)

10 PET SERVICES MARKET, BY REGION
     10.1 INTRODUCTION
     10.2 NORTH AMERICA
             10.2.1 US
             10.2.2 CANADA
     10.3 EUROPE
             10.3.1 UK
             10.3.2 FRANCE
             10.3.3 GERMANY
             10.3.4 SPAIN
             10.3.5 ITALY
             10.3.6 REST OF EUROPE
     10.4 ASIA-PACIFIC
             10.4.1 JAPAN
             10.4.2 CHINA
             10.4.3 INDIA
             10.4.4 REST OF ASIA-PACIFIC
     10.5 LATIN AMERICA
             10.5.1 BRAZIL
             10.5.2 MEXICO
             10.5.3 REST OF LATIN AMERICA
     10.6 MIDDLE EAST & AFRICA

11 COMPETITIVE LANDSCAPE
     11.1 OVERVIEW
     11.2 MARKET EVALUATION FRAMEWORK
     11.3 PRODUCT PORTFOLIO MATRIX
             11.3.1 COMPANY END USER FOOTPRINT
             11.3.2 COMPANY PRODUCT FOOTPRINT
             11.3.4 COMPANY PRODUCT FOOTPRINT
     11.4 MARKET SHARE/RANKING ANALYSIS (2021)
     11.5 GEOGRAPHIC REACH OF THE TOP MARKET PLAYERS
     11.6 R&D EXPENDITURE: KEY PLAYERS IN THE MARKET
     11.7 COMPETITIVE SITUATIONS AND TRENDS
             11.7.1 DEALS
             11.7.2 OTHER DEVELOPMENTS
             11.7.3 PRODUCT LAUNCHES & APPROVALS
     11.8 COMPANY EVALUATION QUADRANT
             11.8.1 STARS
             11.8.2 EMERGING LEADERS
             11.8.3 PERVASIVE PLAYERS
             11.8.4 PARTICIPANTS
     11.9 START-UP/SME EVALUATION QUADRANT
             11.9.1 PROGRESSIVE COMPANIES
             11.9.2 STARTING BLOCKS
             11.9.3 RESPONSIVE COMPANIES
             11.9.4 DYNAMIC COMPANIES
     11.10 COMPETITIVE BENCHMARKING

12 COMPANY PROFILES
     12.1 INTRODUCTION
     12.2 MARS, INCORPORATED
     12.3 A PLACE FOR ROVER, INC.
     12.4 WAG LABS, INC.
     12.5 HIGHLAND CANINE TRAINING, LLC
     12.6 PETBACKER
     12.7 DOGTOPIA ENTERPRISES
     12.8 POOCH DOG SPA
     12.9 AMERICAN PET RESORT, LLC.
     12.10 PETS AT HOME GROUP PLC
     12.11 PAWZ AND COMPANY
     12.12 AIRPETS INTERNATIONAL
     12.13 PARADISE 4 PAWS, LLC

13 APPENDIX
     13.1 INSIGHTS OF INDUSTRY EXPERTS
     13.2 DISCUSSION GUIDE
     13.3 KNOWLEDGE STORE: MARKETSANDMARKETS� SUBSCRIPTION PORTAL
     13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
     13.5 AVAILABLE CUSTOMIZATIONS
     13.6 RELATED REPORTS
     13.7 AUTHOR DETAILS

Note:
The factors mentioned in the ToC are based on preliminary research and may vary in the final report
The list of companies mentioned above is indicative only and might change during the study
The top 25 leading market players would be profiled in the report
Details on key financials might not be captured in the case of unlisted companies

The global pet services market is projected to grow at an exponential rate during the forecast period. The major factors driving the growth of the pet services market include increasing affection between pet owners and their pets coupled with rising disposable income as well as surging market penetration of different pet insurance schemes and increasing population of companion animals. However, on the other hand, shortage of skilled personnel, and the increasing cost of pet services are anticipated to hamper the market growth.

In this report, the pet services market, by the service type, animal type, delivery channel, and region are covered.

This research study involved the extensive use of both primary and secondary sources. Various factors affecting the industry were studied to identify segmentation types; industry trends; key players; the competitive landscape of the market; and key market dynamics, such as drivers, restraints, opportunities, challenges, and key player strategies.

Secondary Research

This research study involved the use of secondary sources; directories; databases such as Dun & Bradstreet, Bloomberg Businessweek, and Factiva; white papers; annual reports; and Companies� House documents. Secondary research was used to identify and collect information for this extensive, technical, market-oriented, and commercial study of the pet services market. It was also used to obtain important information about the top players, market classification, segmentation according to industry trends to the bottom-most level, geographic markets, and key developments related to the market. A database of the key industry leaders was also prepared using secondary research.

Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side include CEOs, vice presidents & managing directors, marketing heads, directors and sales directors, marketing managers, regional/area sales managers, product managers, technology experts of pet services. Primary sources from the demand side include industry experts such as directors of hospitals and veterinarians.

A breakdown of the primary respondents is provided below:

Pet Services Market Size, and Share

*Others include sales managers, marketing managers, and product managers.

Note: Tiers are defined based on a company�s total revenue, as of 2020: Tier 1 = >USD 1 billion, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 =

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The total size of the pet services market was arrived at after data triangulation from three different approaches, as mentioned below. After each approach, the weighted average of approaches was taken based on the level of assumptions used.

Data Triangulation

The size of the pet services market was estimated through segmental extrapolation using the bottom-up approach. The methodology used is as given below:

Major players across the service type segment were determined through secondary sources (validated through primary respondents).
The approximate revenue share of top players was collected through secondary sources.
The total share of the service type segment was determined in the pet services segment to derive its revenue.

The total revenue in the global pet services market was determined by extrapolating the service type segment revenue.

Global Pet Services Market Size: Top-Down Approach

Pet Services Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Objectives of the Study

To define, describe, and forecast the pet services market based on service type, animal type, delivery channel and region
To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
To strategically analyze micromarkets with respect to the individual growth trends, prospects, and contributions to the overall market
To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the size of the market segments with respect to five main regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (along with country-wise segmentation)
To profile the key players and comprehensively analyze their market shares and core competencies in the pet services market
To track and analyze competitive developments such as partnerships, agreements, collaborations, alliances, mergers and acquisitions, new product developments, geographic expansions, and R&D activities in the pet services market

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per your company�s specific needs. The following customization options are available for the report:

Geographic Analysis

Further breakdown of the Rest of Europe pet services market into Denmark, Norway, and others
Further breakdown of the Rest of Asia Pacific pet services market into Vietnam, Pakistan, New Zealand, Australia, South Korea, and others

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.