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Pet boarding services Market Analysis

  • Report ID: GMI11339
  • Published Date: Sep 2024
  • Report Format: PDF

Pet Boarding Services Market Analysis

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 dominance of short-term boarding in pet boarding services is largely due to the nature of pet ownership. Many people treat their pets as family members and are reluctant to leave them with a boarding facility for extended periods. Short-term boarding is typically used for vacations, business trips, or unexpected life events. This preference for shorter stays aligns with the convenience and affordability of short-term boarding options, making them the most popular choice for pet owners seeking temporary care.
 

Pet Boarding Services Market Revenue Share, By Facility Type, (2023)

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. Traditional pet care facilities, such as kennels and catteries, have maintained their prominence in the pet boarding market due to their established infrastructure and proven track record. These facilities often possess experienced staff, secure environments, and a diverse range of amenities to accommodate the varying needs of pets. Furthermore, the longstanding presence of traditional pet care facilities has fostered trust and loyalty among pet owners. While innovative boarding options have emerged, traditional facilities remain the preferred choice for many pet owners seeking reliable and affordable care.
 

North America Pet Boarding Services Market Size, 2021 – 2032, (USD Billion)

North America emerged as the dominant region, generating a substantial revenue of USD 8.2 billion, and is expected to reach USD 12.1 billion by 2032. First, the region boasts a high rate of pet ownership, with a significant portion of households owning dogs and cats. Second, North America has a well-developed pet care industry, with numerous established boarding facilities, grooming salons, and veterinary clinics. Third, the region's strong economy and disposable income levels have contributed to increased spending on pet care services, including boarding.
 

North America: The U.S. dominated the pet boarding services market with revenue of around USD 6.5 billion in 2023 and with a CAGR of 4.7% for the forecast period of 2024 to 2032. First, the high rate of pet ownership combined with substantial disposable incomes allows American pet owners to invest significantly in premium pet care services. The U.S. also boasts a well-established infrastructure for pet boarding, with a wide range of facilities offering advanced amenities, including luxury suites, specialized medical care, and interactive play areas. Additionally, a strong emphasis on pet humanization and the increasing trend of treating pets as family members drive demand for high-quality boarding options.
 

Europe: In terms of country, Germany dominated the market with revenue of around USD 1.1 billion in 2023 and with a CAGR of 4.7% for the forecast period of 2024 to 2032. Germany's dominance in the European market is primarily due to several factors. First, Germany has a strong pet culture, with a high rate of pet ownership and a well-established pet care industry. Second, the country's strict animal welfare regulations ensure that pet boarding facilities adhere to high standards of care, which has fostered trust among pet owners. Third, Germany's robust economy and disposable income levels have contributed to increased spending on pet care services, including boarding.
 

Asia Pacific: China spearheaded the pet boarding services market with revenue of around USD 810 million in 2023 and is growing at a CAGR of 6.3% for the forecast period of 2024 to 2032. China has experienced rapid economic growth and urbanization, leading to a significant increase in pet ownership. Second, the country's large population and growing middle class have created a substantial demand for pet care services, including boarding. Third, China has a well-developed pet industry, with numerous pet food manufacturers, veterinary clinics, and boarding facilities. Fourth, the country's cultural shift towards treating pets as family members has driven demand for high-quality boarding options.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

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.

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.

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.

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.

Pet boarding services Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 49
  • Countries covered: 22
  • Pages: 210
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