Latest Market Research Report 2025

The global  pet services market  size is expected to reach USD 50.07 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.21% from 2023 to 2030. The key factors driving the market include an increasing number of pet owners and spending on pets. As per FEDIAF’s 2020 report, 33% of or 88 million European households own a pet. This number is anticipated to increase owing to the declining human birth rate in key markets, increasing disposable income, and pet humanization.   The pet services business decreased as a result of the COVID-19 epidemic, notably in 2020. This negative impact is primarily due to the closure of pet services and restricted access to them as a result of social distancing norms and lockdowns. At the start of the epidemic, key players witnessed a significant drop in appointments and payment volume as per PocketSuite- a mobile-first, business management app for pet service providers. However...

  Pet Services Industry Overview The global pet services market size was valued at USD 23.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. The increasing population of companion animals, pet humanization, strategies implemented by key companies, and increasing expenditure on pets are some of the key drivers of this market. For instance, in February 2022, Petco Health and Wellness Company, Inc. partnered with Rover- an industry online marketplace for pet services, to offer Petco customers access to pet boarding, sitting, and dog walking services. This enabled Rover to reach around 130,000 of Petco’s Vital Care subscription pet parents. Gather more insights about the market drivers, restrains and growth of the Global Pet Services Market   The COVID-19 pandemic resulted in a decline in the market, especially in 2020. This adverse impact is mainly attributed to the closure of and restricted access to pet services d...