PUBLISHER: Value Market Research | PRODUCT CODE: 1342915
PUBLISHER: Value Market Research | PRODUCT CODE: 1342915
The global demand for Pet Sitting Market is presumed to reach the market size of nearly USD 12.12 BN by 2030 from USD 4.16 BN in 2022 with a CAGR of 12.62% under the study period 2023 - 2030.
Pet sitting is the act of caring for someone else's pet while they are away. It is usually done by someone who has experience with animals and is familiar with their needs. Pet sitting commonly occurs at the pet owner's home but may also occur at the provider's home or a pet sitting place of business or organization.
The increase in consumer spending on pets and their services is fueling the growth of the pet sitting market. Moreover, the increased demand for pet insurance is expected to drive the growth of the pet sitting market. The growing number of pet owners creates a massive market opportunity for the key players in the pet sitting industry. Also, a rise in disposable income is anticipated to fuel the growth of the pet sitting market during the forecast period. In addition, the increase in pet acceptance worldwide is further expected to propel the growth of the pet sitting market. However, the rise in pet care costs is projected to impede the growth of the pet sitting market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pet sitting. The growth and trends of pet sitting industry provide a holistic approach to this study.
This section of the pet sitting market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Pet Sitting market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pet sitting market include A Place for Rover Inc., Pets at Home Inc., Wag! Group Co., PetBacker, Careguide Inc., Fetch! Pet Care, Holidog.com, PetSmart LLC, Dogtopia Enterprises, Swifto Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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