U.S. Pet Daycare Market Size to Hit Around USD 4.30 Bn by 2034

U.S. Pet Daycare Market Size to Hit Around USD 4.30 Bn by 2034

The U.S. pet daycare market size was exhibited at USD 1.85 billion in 2024 and is projected to hit around USD 4.30 billion by 2034, growing at a CAGR of 8.79% during the forecast period 2024 to 2034.

The Complete Study is Now Available for Immediate Access | Download the Sample Pages of this Report@?https://www.novaoneadvisor.com/report/sample/6531

U.S. Pet Daycare Market Key Takeaways:

  • The dogs segment accounted for the largest revenue share of 88.60% in 2024.
  • The cat segment is expected to grow at the fastest CAGR over the forecast period.
  • The day boarding segment accounted for the largest revenue share of over 67% in 2024.
  • Commercial facilities dominated the market share of 76.0% in 2024.
  • The others segment is anticipated to register the fastest CAGR of over 9% from 2024 to 2034.

Some of the primary factors driving the market growth are the increasing number of pets, pet humanization, rising spending, rising number of service providers, and initiatives by the key market players. The growing expense of pet ownership reflects a larger societal trend in which pets are now viewed as essential family members rather than simply pets. As people get wealthier and more urbanized, they are more inclined to prioritize spending on their pets' well-being, which includes purchasing premium food, grooming products, accessories, and top-notch medical treatment.

The U.S. Bureau of Labor Statistics, for example, carried out a study in November 2023 that tracked pets spending over a period of eight years, from 2013 to 2021. According to the survey, expenses on pets increased by 77.9% in the United States. This survey also found that expenses increased faster than other entertainment costs, average annual income, and overall spending.

The market in the United States suffered as a result of the COVID-19 outbreak. Lockdowns and mobility restrictions caused daycare centers to either temporarily close or experience a downturn in activity. At the peak of the pandemic, for example, about 85% of Pet Sitters International members reported a business loss of more than 50%. In 2020, Wag Labs, which has its headquarters in the United States, saw a fall in gross bookings of almost 60%.

The market is anticipated to expand due to the rising number of service facilities and pet-related expenses. For instance, according to Pangolia Pte. Ltd., in the United States, there are about 20,000 petcare facilities and 35,000 pet sitters. In 2024, there will be 9,000 boarding kennels in the US. Thus, the increasing number of petcare facilities is a major factor propelling the market in the United States since it makes more options accessible to companion owners looking for dependable, convenient daily or long-term care. As more facilities offer a range of services, from regular daycare to specialized services like grooming and training, this expansion is in line with the growing number of companion owners and increased awareness of animal welfare.

The increased popularity of small and large breed dogs is expected to drive up demand for personalized companion services. The American Kennel Club, Inc. (AKC) stated that the top 10 dog breeds in the United States were small breeds such as French Bulldogs, Poodles, Bulldogs, Beagles, and Dachshunds, and large breeds such as Rottweilers, German Shepherd Dogs, Labrador Retrievers, and Golden Retrievers.

For example, Labrador Retrievers shed their thick, water-repellent double coat. To keep them clean, the AKC advises taking occasional showers and cutting their nails. The AKC advises socialization activities, puppy training programs, and regular exercise to prevent hyperactive and destructive behavior because of the breed's noteworthy physical strength and strong activity level. The demand for daycare services for pets in the United States is expected to increase owing to similar pet care requirements.

U.S. Pet Daycare Market By Pet Insights

The dogs segment accounted for the largest revenue share of 88.60% in 2024. In the United States, dogs are among the most popular pets. In 2023, 56% of Americans reported having a dog in their home, a significant rise from the previous decade. Furthermore, 86.9 million households (about 66%) in the United States had dogs, according to the American Pet Products Association's National Pet Owners Survey 2023-2024. In the United States, dogs have become more significant and well-liked for decades, and their owners usually regard them as loyal family members. To some extent, one-third of Americans say they love their dogs even more than their partners.

U.S. Pet Daycare Market By Service Insights

The day boarding segment accounted for the largest revenue share of over 67% in 2024. Day boarding services often include structured activities, socialization opportunities, and professional supervision, making it an appealing option for busy dog or cat owners looking to ensure their pets receive exercise and mental stimulation. In addition, increased pet humanization trends contribute to the demand for day boarding, as more people prioritize pet well-being and seek reliable care services.

U.S. Pet Daycare Market By Delivery Channel Insights

Commercial facilities dominated the market share of 76.0% in 2024. The increasing number of pet daycare franchisees, a broad range of services, and the potential to broaden service offerings to cover both indoor and outdoor services are the factors that have contributed to the market growth. Dogtopia, for example, provides pet daycare services at its facilities, which are typically 6,000 to 8,000 square feet. There are facilities with outdoor areas as well. Dogtopia signed the biggest franchise deal in March 2022, planning to open approximately 60 new locations throughout the United States in the upcoming years.

Some of the prominent players in the U.S. pet daycare market include:

  • A Place for Rover, Inc.
  • Dogtopia Enterprises
  • Paradise 4 Paws, LLC
  • Come Sit Stay
  • Fetch! Pet Care
  • Barkley Ventures, Inc.
  • PetSmart LLC
  • Housecarers
  • Camp Run-A-Mutt Entrepreneurial Resources
  • Camp Bow Wow

U.S. Pet Daycare Market Recent Developments

  • In January 2024, Dogtopia Enterprises recently disclosed the establishment of 43 new daycares, increasing its present service offering by incorporating sophisticated technologies to help dogs live happier and healthier lives.
  • In November 2023, after more than 500 franchise agreements were signed in the United States, Dogtopia established its 250th dog daycare facility.
  • In June 2023, Dogtopia signed a franchise deal to develop dog care centers in Passaic County, New Jersey, and Rockland County, New York.?

Segments Covered in the Report

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2034. For this study, Nova one advisor, Inc. has segmented the U.S. pet daycare market

By Pet

  • Dogs

  • Large Breeds
  • Medium Breeds
  • Small Breeds

  • Cats
  • Others

By Service

  • Day Boarding
  • Pet Sitting
  • Others

By Delivery Channel

  • Commercial facilities
  • Others

Immediate Delivery Available | Buy This Premium Research https://www.novaoneadvisor.com/report/checkout/6531

Access our Premium Real Time Data Intelligence Tool, Visit: www.precedencestatistics.com

You can place an order or ask any questions, please feel free to [email protected]| +1 9197 992 333

About US

Nova One Advisor is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Nova One Advisor has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

Connect with Us

Address: Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, Canada

IND Address: 707, Nandan Probiz, Baner,?Pune (MH) – 411045, India

USA:?+1 804 441 9344

APAC:?+61 485 981 310 or +91 87933 22019

Europe:?+44 7383 092 044

Email: [email protected]

Web: https://www.novaoneadvisor.com/

You can place an order or ask any questions, please feel free to contact at?[email protected] ?| +1 804 441 9344

要查看或添加评论,请登录

Ramchandra Dige的更多文章

社区洞察

其他会员也浏览了