DUBLIN--(BUSINESS WIRE)--The "Global Pet Daycare and Lodging Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The pet daycare and lodging market will register a CAGR of over 8% by 2023.
Rising pet ownership and increased spending on pets will be a key factor driving the growth of the market. The rising aging population in developed countries is driving the growth of global pet daycare and lodging market as pets are considered good companions for the elderly. With the growing ownership of pets, pet owners are increasingly spending on service packages with more options, including food and grooming options.
Increasing availability of multifunctional pet furniture in pet daycare and lodging
The global pet daycare and lodging market is witnessing an increasing availability of multifunctional pet furniture in pet daycare and lodging. The desire for improved pet care products and accessories such as pet furniture has increased owing to the growing importance of pets. These furniture pieces are designed and developed in a way that fits seamlessly without compromising on the aesthetic value.
Growing awareness of safety concerns and animal allergies
Many pet owners do not rely on such services as they think that their pets will get anxious. They also think that their pets might get susceptible to safety risks such as the exposure to ingestible items and electric wires, sharp fencing and lack of trained staff. These factors discourage pet owners from adopting pet daycare and lodging services, which will limit the growth of the market during the forecast period.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies. Factors such as the increasing availability of multifunctional pet furniture in pet daycare and lodging coupled with rising pet ownership and increased spending on pets will provide considerable growth opportunities to pet daycare and lodging manufactures.
Key Players
- Best Friends Pet Care
- Camp Bow Wow
- Dogtopia Enterprises
- PetSmart Inc.
- Preppy Pet
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
- Comparison by type
- Dog daycare and lodging - Market size and forecast 2018-2023
- Combined daycare and lodging - Market size and forecast 2018-2023
- Cat daycare and lodging - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Strict compliance with stringent regulations and certifications
- Growing inclination toward premiumization in pet care services
- Adoption of smart pet care products in daycare and lodging services
- Other prominent trends
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Best Friends Pet Care
- Camp Bow Wow
- Dogtopia Enterprises
- PetSmart Inc.
- Preppy Pet
For more information about this report visit https://www.researchandmarkets.com/r/jam58v
