Global Pet Sitting Market to reach USD 5.07 billion by 2027.
Global Pet Sitting Market is valued approximately at USD 2.83 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2021-2027. Pet sitting refers to taking care of different person's pet temporarily for the fixed time frame, generally at pet owner's home or at service provider's place. Increasing number of pet ownership, growing population of leisure travelers across the world, and growing spending on welfare of pets are the factors fueling the demand for pet sitting across the world. For instance, according to the Pet Food Processing report of August 2020, the number of households having at least one pet in United States was estimated to be increased from 68 million in August 2020 to 71 million till the end of year. Also, according to the American Pets Products Association, money spent by pet owners on their pets in United States is increased to USD 103.6 billion in 2020 from USD 95.7 billion in 2019 and is estimated to reach USD 109.6 billion in 2021. Furthermore, growing need for time-saving pet care services and rising popularity of serial house sitting among self-employed and retired persons are expected to boost the demand in coming years. However, increasing pet care cost and high cost of acquiring pets such as dogs and cats may hamper the market growth during forecast period.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for regional analysis of pet sitting market. North America is the dominating region across the world in terms of market share due to growing awareness regarding pet grooming and rising number of pet owners in the region. Whereas Asia pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to rising adoption of pets in the regions such as Indonesia, China and India because of growing disposable income.
Major market player included in this report are:
A Place for Rover, Inc.
DogVacay
Holidog.com
G'Day! Pet Care
Fetch! Pet Care, Inc.
Swifto Inc.
Chicago Dog Walkers
Best Friends Pet Care
Camp Bow Wow
PetSmart Inc.
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Dog Care Visits
Dog Walking
Pet Transportation
Others
By Pet type:
Dogs
Cats
Fish
Cage Pets
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
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Pet Sitting Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors