Pet boarding

The global pet boarding market size is expected to reach USD 28.3 billion by 2028, with the market growing at 6.5% CAGR during the forecast period

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The temporary accommodation of the dog during the absence of its owner is called a boarding house. Similar to a daycare centre, a dog boarding facility allows pet owners to drop off their dogs for a period of time while they are cared for and supervised by trained specialists.

New York, Oct. 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global Pet Boarding Market Size, Share & Industry Trends Analysis Report By Services, By Pet Type, By Regional Outlook and Forecast, 2022 – 2028 – https://www.reportlinker.com/p06352760/?utm_source=GNW
If the dog or cat enjoys interacting with other animals and humans, a pet boarding house is a great choice.

For pets, which may need more exercise and socialization, daycares with more cage-free time throughout the day are ideal. By promoting social relationships, which is beneficial for their long-term well-being, a pet can also potentially benefit their health. These experts take on the role of pet parents while their dog is boarded, ensuring they are cared for until the pet owners return for them.

This would involve giving the puppy fun, exercise and activities, as well as food or medicine (if needed), all as instructed, and trying to make sure the puppy feels at home him. If everything the dog likes and needs is accessible, he will feel comfortable during his stay at the boarding house.

Professionals are increasingly choosing to delay starting a family or forgo having children altogether. More and more pet owners are raising their pets like children. Pets become more than just family members. Sometimes they serve as family. People are willing to spend money to have their loved ones treated in a setting similar to theirs.

Impact of COVID-19

The COVID-19 outbreak has had a negative impact on the pet services industry, especially in 2020. Due to shutdowns and social distancing norms, pet services have closed or had restricted access, which had a detrimental impact. According to PocketSuite, a mobile-focused business management platform for pet service providers, major players saw a sharp drop in appointments and payment volume early in the pandemic. But as things return to normal, much like the pre-COVID phase, people have started working from the office and as a result the demand for pet boarding services would accelerate in the coming years. .

Market Growth Factors

Growing trend of a pet

Many benefits of owning a pet include better health. They can increase opportunities for people to interact with others, get outside, and exercise. Regular pet interactions and walks can lower blood pressure, cholesterol, and triglyceride levels. Pets can help manage loneliness and anxiety by providing companionship to people. It has been shown in several researches that the presence of dogs makes people happier and less unhappy. Therefore, connecting with pets provides short-term psychological and physical benefits that kick in instantly.

Growing Labor Force Creates Greater Demand for Pet Sitting Services

There is an increase in the number of professionals working in various developing and developed countries. For this reason, people have to leave their homes and worry about the health and care of their pets. This has contributed to the popularity of pet boarding services in the market. Pets learn a lot of new things that they never would have learned before through boarding services. For example, when people onboard a new pet, they need to get to know their personality, learn to get along with them while respecting their boundaries, and make sure they get enough food, get enough sleep, and keep going. to lead a healthy lifestyle.

Market restraining factors

High Pet Boarding Fees Would Hamper Market Growth

The high cost of pet boarding is one of the major factors hindering the expansion of the market. The cost of opting for a daycare to take care of a pet is high. In addition, the price of these facilities increases when it comes to specific instructions. It can be extremely difficult for people in both developed and underdeveloped countries to train their dogs. A pet can also become ill or injured at any time, and veterinary care can be quite expensive. In addition, the parent must consider the price of preventive treatment, such as the cost of vaccinations, sterilization or sterilization and annual check-up fees.

Services Outlook

Based on services, the pet boarding market is divided into group play sessions, exercise, poolside daycare, pet sitting and others. The exercise segment recorded the largest revenue share in the pet boarding market in 2021. Dogs that exercise regularly stay in better physical condition and show fewer behavioral issues, including the excessive licking, chewing, barking, digging, and certain other anxiety-related activities. As a result, pet owners are demanding exercise activities in boarding, which is expected to drive the development of the exercise category in the pet boarding market.

Pet Type Prospects

On the basis of pet type, the pet boarding market is segmented into dog, cat and others. The dog segment has acquired the highest revenue share in the pet boarding market in 2021. Dogs are among the most widely kept pets by pet owners globally. One of the most common pets is them. They are also considered to be among the loveliest pets and are sometimes called man’s greatest friends because they so kindly extend their friendship and companionship to others. They are extremely bright and have no trouble connecting with an animal loving staff member. This makes it easier to reassure them of their safety even when the pet owners are not around.

Regional outlook

Regionally, the pet boarding market is analyzed across North America, Europe, Asia Pacific, and LAMEA. Asia-Pacific has acquired a major revenue share in the pet boarding market in 2021. Asia-Pacific is one of the largest and most promising regions for the pet boarding industry company. This region is home to a variety of developed countries like Australia and Japan as well as developing countries like China and India. Owning a pet, giving it special attention and spending money to take care of it are often seen as indicators of social status and delicacy, which helps foster the growth of the pet boarding industry. .

The market research report covers the analysis of major market players. Leading companies profiled in the report include Best Friends Pet care, Inc., Camp Bow Wow (Mars, Inc.), Carey Pet & Home Care, Dogtopia Enterprises, LLC, Barkefellers, Puss ‘n’ Boots Boarding Cattery Pty Ltd., Urban Tails Pet Resort and Pet Station Group.

Scope of the study

Market Segments Covered in the Report:

By Services

• Group play sessions

• Exercise

• Animal care

• Child care by the swimming pool

• Others

By type of animal

• Dog

• Cat

• Others

By geography

• North America

o United States

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o United Kingdom

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o Australia

o South Korea

o Singapore

o Rest of Asia-Pacific

• LAMEA

o Brazil

o Argentina

o WATER

o Saudi Arabia

o South Africa

o Nigeria

o Rest of the LAMEA

Profiled companies

• Best Friends Pet care, Inc.

• Camp Bow Wow (Mars, Inc.)

• Carey Pet and Home Care

• Dogtopia Enterprises, LLC

• Barkefellers

• Puss ‘n’ Boots Boarding Cattery Pty Ltd.

• Urban Tails Pet Complex

• Group of pet stations

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Read the full report: https://www.reportlinker.com/p06352760/?utm_source=GNW

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