Pet Boarding Services Market
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The global pet boarding services market size was valued at USD 19.8 billion in 2023 and is anticipated to register a CAGR of 4.6% between 2024 & 2032. The growth in the pet care industry has several drivers. For one, there is more pet ownership and income allowing more than one individual in a household to provide good care and comfort to their pets.
This is in tandem with the growing trend of pet humanization which makes it a prerequisite of top-notch quality boarding services and amenities. Moreover, the trend of dual employment has led to increased need for reliable pet care solutions when the pet owners are not available at home.
This sector is meet the technology demands; hence, innovations within pet boarding facilities add other important components to the expansion of the sector. For instance, modern boarding facilities provide monitoring systems, caring protocols and other services which aim to treat a pet as an emotionally and physically complex being. Lastly, the trend of laser focused pet care has created the demand necessary for the new generation of facilities that provide complete treatment which fuels the growth of the industry. With these strategies in place, the pet boarding market will continue to expand in scope and scale.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Pet Boarding Services Market size in 2023: | USD 19.8 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2023 - 2032 CAGR: | 4.6 |
| 2023 Value Projection: | USD 29.5 Billion |
| Historical Data for: | 2021 - 2023 |
| No of Pages: | 210 |
| Tables, Charts & Figures: | 49 |
| Segments Covered: | Service Type, Pet Type, Facility Type, Booking Method, Region |
| Growth Drivers: |
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| Pitfalls Challenges: |
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The market for pet boarding services is still in its infancy stage which is why there are numerous challenges that hinder its growth and operation. The foremost challenge would be the regulatory environment because it is very restraining and the licensing requisites differ from one region to another hence creating operational problems and raising the costs of compliance.
The pet boarding service industry is moving towards greater luxury with specialized facilities, modern advancements, as well as a larger focus on wellness. Spas, fine dining, and custom play sessions that are luxurious in nature have become popular amidst pet owners. Furthermore, the recent appreciation towards tech has enabled availability of pet webcams, as well as pet health trackers that provide the owners with up to date information about their pets.
The market is thriving for condition specific boarding. There is a greater demand for specialized healing, and movable, and thermostat controlled conditions for geriatric pets. The idea of luxury still applies. In addition, there are practices that are eco friendly and sustainable which are being incorporated by pet care centers to adapt to the evolving consumer demand. All these trends combined over the years show a gradual increase in the desire to better the ease of care for the pets alongside the owners.
Based on service type, the market is segmented into daycare, short-term boarding (overnight to a few days), long-term boarding, training services, grooming services and others (veterinary services, pet spa & rehab services, etc.). The short-term boarding dominated the market in 2023, generating a revenue exceeding USD 5.9 billion, and is expected to reach USD 8.9 billion by 2032. The predominance of short-term boarding in pet boarding services is largely caused by the context of pet owning.
There are many who regard their pets as members of their immediate families and would not take kindly to taking them to a boarding facility for longer. Usually, short term boarding is availed during holidays, corporate assignments or any sudden shift in life. This inclination towards short duration stays goes hand in hand with the ease and cost effectiveness of driving a middle-term economic strategy, hence they become the most favored by owners of pets looking for such a facility.
Based on facility type, the pet boarding services market is classified into traditional pet care, pet hotels & resorts, in-home pet sitting and others (rescue shelter, etc.). Traditional pet care dominated the market in 2023, with revenue exceeding USD 7.9 billion, and is expected to reach USD 11.8 billion by 2032. The pet boarding industry has continued to remain active and relevant thanks to pet care facilities that include kitty camps and dog kennels. Such facilities have an experienced and trained staff who can cater to the needs of diverse pets in their fortresses that comprise of a plethora of amenities.
Additionally, the over-established presence of such traditional dog and send pet facilities has gained several pet owners’ trust. Although, new pet boarding trends are emerging, a large population of pet owners still prefer traditional pet care facilities for receiving affordable and safe pet care services. The absence of such trends might leave some affordable pet owners overcompensated.
North America pet boarding services market accounted for the highest share of revenue amounting to USD 8.2 billion during 2022 and it is expected to grow to USD 12.1 billion by the year 2032. The United States of America possesses factors such as richer households and a higher number of boarding facilities which enable it to be the major contributor for the market in the region of North America.
The amount spend on pet care is further boosted by the culture of considering pets as part of the family and the disposable income of the populace, this is especially true for America as it has a booming economy. Pet ownership household percentage is also at an all time high in the United States along with the desire for high quality boarding options, all these factors greatly help the pet care industry which comprises of grooming salons, veterinary clinics and boarding houses.
North America: The U.S. pet boarding services market size revenue during the year 2023 is positioned at nearly around USD 6.5 billion and this is expected to grow at roughly 4.7 CAGR for the period between 2024 and 2032. The U.S. market leads in pet boarding service industry because of several key factors. One, Americans are highly likely to be pet owners but purely due to the vast income available to Americans, the pet owners are able to spend large sums on premium pet care services.
Europe: When it comes to the country comparison, Germany outdid the others with an approximate revenue of USD 1.1 billion in 2023 and along with a CAGR of 4.7% for the forecast period of 2024 to 2032. Germany’s large share of the Europe market stems from a number of reasons. To begin with, Germany is known for having a passionate pet culture, great levels of pet ownership alongside a well developed pet care industry. Second, there are laws in place to protect animals in Germany that make it obligatory for pet boarding facilities to meet certain standards which has built confidence among pet owners.
Asia Pacific: China took the forefront with sales approximately reached USD 810 million in 2023 and is expected to expand at a CAGR of 6.3% from 2024 to 2032. Urbanization paired with the increase in economic growth has created a sudden surge in pet ownership in China. Second, there is a great need for pet care services such as boarding due to the great population diversity and a rising middle class.
The market is fragmented, with prominent players, such as Camp Bow Wow LLC, Dogtopia LLC, PetSmart Inc., Rover Inc., and Wag Hotels LLC holding a market share of 15-20%. These companies dominate the market due to their extensive research and development capabilities, and strong global distribution networks within the industry.
Major players operating in the pet boarding services industry include:
Market, By Service Type
Market, By Pet Type
Market, By Facility Type
Market, By Booking Method
The above information is provided for the following regions and countries:
Pet Palace, LLC, PetSmart, Inc., Rover, Inc., The Barkley Pet Hotel & Day Spa, LLC, The Crate Escape, Inc., and The Dog House, LLC, among others.
North America market for pet boarding services was worth USD 8.2 billion in 2023 and is set to surpass USD 12.1 billion by 2032, driven by a high rate of pet ownership.
The short-term pet boarding service segment will reach USD 8.9 billion by 2032, because of its convenience and affordability, that aligns with shorter stays.
The pet boarding services industry was valued at USD 19.8 billion in 2023 and is anticipated to register a 4.6% CAGR during 2024-2032, driven by increasing pet ownership and rising disposable incomes.