Global Pet Sitting Market Size, Share & Trends Analysis Report 2024 – 2030: Increasing Demand for Personalized and Technologically Integrated Pet Services
Title: Global Pet Sitting Market Expected to Reach $5.14 Billion by 2030
Dublin, May 16, 2024 (GLOBE NEWSWIRE) — The global pet sitting market is set to experience significant growth, with a projected value of USD 5.14 billion by 2030. This growth is driven by factors such as increasing adoption of subscription-based pet services, expanding pet service offerings, and higher expenditure on pets.
The younger demographic’s rising ownership of pets and the trend of pet humanization have contributed to a steady increase in pet adoption rates. Additionally, the growing disposable income of customers has led to an increased focus on pet well-being, resulting in a surge in demand for pet services such as boarding, grooming, pet sitting, and photography.
The COVID-19 pandemic presented challenges for the pet sitting market, including decreased sales and marketing activities and limitations on pet services. However, pet ownership actually increased during the pandemic, as people sought companionship and emotional support while confined at home. According to the American Pet Products Association, 48% of previous pet owners adopted new pets during the pandemic.
The market is expected to continue growing due to the demand for personalized, technologically integrated, safe, environmentally sustainable, and niche-focused pet sitting services. Collaborations and partnerships within the pet care industry are also driving market growth.
Key highlights from the report include:
– Care visits are the leading service type, with a market share of 57.03% in 2023
– Dogs are the dominant pet type, accounting for 83.16% of the market in 2023
– North America leads the market with a revenue share of 37.86% in 2023, with India expected to drive growth in the APAC region
The report provides in-depth analysis of the pet sitting industry, including market dynamics, regional trends, and competitive landscape. Key players in the market include A Place for Rover, Pets at Home, Wag! Group, and PetBacker.
For more information about the report, visit https://www.researchandmarkets.com/reports/5649390/pet-sitting-market-size-share-and-trends-analysis
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Overall, the global pet sitting market is poised for significant growth in the coming years, driven by increasing pet ownership, higher spending on pets, and the demand for specialized pet care services.
