Pet Daycare Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.29 Billion |
| Market Size (2029) | USD 6.16 Billion |
| CAGR (2024 - 2029) | 7.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Pet Daycare Market Analysis
The Pet Daycare Market size is estimated at USD 4.29 billion in 2024, and is expected to reach USD 6.16 billion by 2029, at a CAGR of 7.5% during the forecast period (2024-2029).
Globally, pets are increasingly being treated as family members. According to the American Pet Products Association, 67% of the United States households owned pets in 2019-2020, translating to approximately 84.9 million households, a figure projected to rise. In response to this heightened pet parenting trend, pet daycare industry is rolling out premium products tailored for discerning pet owners. Younger pet owners, in particular, are prioritizing their companions' well-being, opting to spend more on healthy daycare services. This growing preference for premium offerings is set to drive substantial growth in the pet daycare market during the forecast period.
The dog prefers the comfort of home or feels stressed in large gatherings, consider opting for an in-home daycare service. Operated by pet-care professionals, these services cater to a select few dogs in a home environment. This arrangement typically offers a serene and tailored experience for pet, making it particularly advantageous for dogs with special needs or those prone to anxiety. As per USDA, Germany stands as the largest economy within the European Union. The German pet population increased by nearly 1 million in 2020 compared to the previous year. Overall, 47% of German households had a pet in 2020, according to WZF GmbH, organizer of the Interzoo pet trade fair.
The pet boarding industry capitalizes on premium offerings, providing pets and their owners with distinctive and sought-after services. Luxurious amenities, such as spacious kennels, cozy furnishings, specialized toys, and gourmet treats, enhance the boarding experience for pets. These premium services not only present an upselling opportunity but are also expected to boost business profits. Furthermore, pet owners are inclined to revisit these unique services, fostering customer loyalty towards the companies that offer them. As pet ownership grows and households seek convenient care options, the pet daycare market is experiencing a boost during the forecast period.
Pet Daycare Market Trends
Rising Pet Humanization
Globally, the term "pet humanization" has gained traction in the pet industry. Pet owners increasingly seek human-like products and experiences for their pets. In 2023, the American Pet Products Association (APPA) reported that the U.S. pet industry reached expenditures of USD 147 billion, reflecting a 7.4% increase from the prior year. Furthermore, the APPA noted that the U.S. pet industry contributed a significant USD 303 billion to the national economy in 2023. Consequently, this trend of treating pets more like family members is poised to further fuel the growth of the pet care industry.
In urban China, Pet Data reported in 2023 that there were over 121.55 million cats and dogs, comprising approximately 51.75 million dogs and 69.8 million cats. Additionally, as the animal welfare movement gains momentum in China, organizations like Pet Form are making strides. They've educated and trained stray dogs and cats, facilitating the adoption of around 10,000 rescued animals into homes by 2019. With rising adoption rates, expenditures on pet care have correspondingly surged.
As pets increasingly become integral family members, household spending on pets now rivals that of children. This shift has notably boosted expenditures on premium pet treats. In 2020, Brazil's pet care market boasted nearly 150,000 retail outlets, with over 90,000 dedicated to pet care sales. Among these, specialty stores accounted for about 32,000 outlets, with a notable 80% being independent pet shops. As more consumers adopt pets, there's a noticeable premiumization in pet care, a trend that's likely to bolster the pet daycare market in the coming years.
North America Dominates the Market
The growing trend of pet humanization is driving up the demand for pet daycare services. People increasingly view their pets as integral members of the family, often seeking the best care for them. While various pet organizations strive to enhance pet lives, government entities are also investing in animal welfare. The emergence of services like pet walking, bathing, and grooming has piqued interest in daycare services, likely boosting market share. Additionally, with rising instances of depression and anxiety, psychologists suggest that pet adoption can be a beneficial remedy. As work hours extend, many find it challenging to care for their pets, leading them to seek out pet daycare services. This trend is poised to further elevate the demand for such services.
Market growth is anticipated to be driven by an increasing number of pet service facilities and rising expenditures on pets. Data from the United States Census Bureau indicates that in 2019, there were 20,413 facilities providing pet care services. Additionally, the American Pet Products Association (APPA) reported that United States pet owners spent approximately USD 103.6 billion on their pets in 2020. The dog boarding services facilities cater to both accommodation and daycare needs for dogs. They ensure supervised playtimes, personalized care, meals, and overnight stays. For those looking to pamper their pets, some premium boarding facilities provide private suites, gourmet dining options, and even spa services. The consumer trend of pet adoption drives pet care premiumization, which is anticipated to create an expansion of the pet daycare market during the forecast period.
Pet Daycare Industry Overview
The Pet Daycare market is consolidated, with few players holding a major market share. Petsmart LLC, Dogtopia, Camp Bow Wow, Royvon Dog Training & Hotels, and Best Friends Pet Care Inc. are some major players operating across the globe. Leading companies in the market primarily adopt strategies such as new product launches, and partnerships. In addition to these, innovations, expansions, and investments in R&D, along with the development of novel product portfolios, are expected to play pivotal roles in the coming years. Notably, significant acquisitions among companies to advance pet daycare underscore a swift pivot toward pet daycare services.
Pet Daycare Market Leaders
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Petsmart LLC
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Dogtopia
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Royvon Dog Training & Hotels
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Best Friends Pet Care Inc
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Propelled Brands
*Disclaimer: Major Players sorted in no particular order
Pet Daycare Market News
- February 2024: Propelled Brands, the top multi-brand franchis or behind FASTSIGNS International Inc., MY SALON Suite, and NerdsToGo, revealed its acquisition of Camp Bow Wow, a prominent franchise specializing in doggy daycare and boarding services.
- March 2023: Dogtopia, a franchise specializing in dog daycare, boarding, and spa services, has broadened its footprint in San Antonio, Texas. The company provides a range of amenities, such as a comprehensive dog evaluation process, rubberized flooring, and a climate-controlled heating, ventilation, and air conditioning system.
Pet Daycare Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Pet Humanization
4.2.2 High Prevalence of Daycare Services for Pets
4.2.3 Growing Adoption of E-Commerce
4.3 Market Restraints
4.3.1 High Cost of Daycare Products and Services
4.3.2 Lack of Knowledge of Pet Daycare
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of Substitute Products
4.4.4 Threat of New Entrants
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Pet Type
5.1.1 Dogs
5.1.2 Cats
5.1.3 Other Pet Types
5.2 Service Type
5.2.1 Pet Sitting
5.2.2 Day Boarding
5.2.3 Other Service Types
5.3 Service Channel
5.3.1 In-house Daycare Service
5.3.2 Commercial Daycare Service
5.3.3 Other Service Channels
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 Spain
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Germany
5.4.2.5 Russia
5.4.2.6 Rest of Europe
5.4.3 Asia Pacific
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 Australia
5.4.3.5 Rest of Asia Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Africa
5.4.5.1 South Africa
5.4.5.2 Rest of Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Petsmart LLC
6.3.2 Carey Pet and Home Care
6.3.3 Best Friends Pet Care Inc
6.3.4 Propelled Brands
6.3.5 Dogtopia
6.3.6 Preppy Pet
6.3.7 Royvon Dog Training & Hotels
6.3.8 Barkefellers
6.3.9 Country Paws Boarding
6.3.10 Puss 'n' Boots Boarding Cattery
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Pet Daycare Industry Segmentation
Pet Day Care refers to a residential facility where dogs and other domestic pets are boarded. During their stay, pets socialize with one another in an open, controlled, and secure environment. Typically, these pets are not confined to individual kennels or runs. The Pet Daycare Market is Segmented by Pet Type into Dogs, Cats, and Other Pet Types, Service Type into Pet Sitting, Day Boarding, and Other Service Types, Service Channel into In-House Daycare Service, Commercial Daycare Service, and Other Service Channels, and Geography into North America, Europe, Asia Pacific, South America, and Africa. The Report Offers the Market Size and Forecasts for Value (USD) for all the Above Segments.
| Pet Type | |
| Dogs | |
| Cats | |
| Other Pet Types |
| Service Type | |
| Pet Sitting | |
| Day Boarding | |
| Other Service Types |
| Service Channel | |
| In-house Daycare Service | |
| Commercial Daycare Service | |
| Other Service Channels |
| Geography | ||||||||
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Pet Daycare Market Research FAQs
How big is the Pet Daycare Market?
The Pet Daycare Market size is expected to reach USD 4.29 billion in 2024 and grow at a CAGR of 7.5% to reach USD 6.16 billion by 2029.
What is the current Pet Daycare Market size?
In 2024, the Pet Daycare Market size is expected to reach USD 4.29 billion.
Who are the key players in Pet Daycare Market?
Petsmart LLC, Dogtopia, Royvon Dog Training & Hotels, Best Friends Pet Care Inc and Propelled Brands are the major companies operating in the Pet Daycare Market.
Which is the fastest growing region in Pet Daycare Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Pet Daycare Market?
In 2024, the North America accounts for the largest market share in Pet Daycare Market.
What years does this Pet Daycare Market cover, and what was the market size in 2023?
In 2023, the Pet Daycare Market size was estimated at USD 3.97 billion. The report covers the Pet Daycare Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Pet Daycare Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Pet Daycare Industry Report
Statistics for the 2024 Pet Daycare market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pet Daycare analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
