What is Pet Hotels Market Scope?
Pet owners have today turned into pet parents as pets are now considered family members. This transition and increasing love for pets have subsequently raised the spending on pets. Today, pet owners demand the same luxurious life for their pets as they would want for their family members. With rising spending on pets by pet owners, vacations for pets like dogs, cats, and other exotic animals is gaining popularity. This is why the prominence of pet hotels has increased. Pet boarding and day-care terms are synonymously used for pet hotels. Pet hotels provide a varied range of pet services such as pet boarding, day-care services, grooming services, pet training, spas, entertainment services, and other services. Pet owners are now showing keen interest in vacations for their pets as they consider pets as four-legged children. This factor has played a significant role in driving the growth of pet hotels in the market
The Pet Hotels market study is being classified by Type (Dog Hotels, Cat Hotels and Other Exotic Animals) and major geographies with country level break-up.
The rising penetration of social media in these regions is further likely to boost market potential. Moreover, the players in the market are also seeking franchise opportunities, which in turn is expected to boost the sales of the pet hostels market during the forecast period. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Pet Hotels market throughout the predicted period.
D Pet Hotels (United States), Pacific Pet Resort (Australia), Camp Bow Wow (United States), Posh Pet Hotel (United States), The Barkley (United States), Best Friend Pet Care (United States), Old Towne Pet Resort (United States), The Ings Luxury Cat Hotels (United States) and Wag Hotels (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Pet Hotels market by Type, Application and Region.
On the basis of geography, the market of Pet Hotels has been segmented into .
Influencing Market Trend
- Increasing Trend of Customisation and Personalisation
- Increasing Adoption of The Pet Hotels
- The Rising Number of Pets
- The Rising Luxury Pet Obsession
- Rising Disposable Income on Pet Care
- Internet Penetration Is Increasing a Lot
- Increasing Awareness About Furry Guests
- High Cost of Stay
- Less Awareness in The Developing Regions
- Ongoing Pandemic Has Caused Fear of Keeping the Pets Away from Home
Key Target AudienceManufacturers of Pet Hotels, Suppliers and distributors of Pet Hotels, Governmental and Regulatory bodies and End-Users
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Frequently Asked Questions (FAQ):
1. At what growth rate would the Pet Hotels market expands?
The Global Pet Hotels market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Pet Hotels market?
The prominent players of Global Pet Hotels market are D Pet Hotels (United States), Pacific Pet Resort (Australia), Camp Bow Wow (United States), Posh Pet Hotel (United States), The Barkley (United States), Best Friend Pet Care (United States), Old Towne Pet Resort (United States), The Ings Luxury Cat Hotels (United States) and Wag Hotels (United States), to name a few.
3. What are the top priorities to focus for Pet Hotels marketís growth?
In this highly competitive & fast evolving Pet Hotels industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.