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
Influencing Trend:
Increasing Trend of Customisation and Personalisation and Increasing Adoption of The Pet Hotels
Market Growth Drivers:
The Rising Number of Pets, The Rising Luxury Pet Obsession and Rising Disposable Income on Pet Care
Challenges:
Ongoing Pandemic Has Caused Fear of Keeping the Pets Away from Home
Restraints:
High Cost of Stay and Less Awareness in The Developing Regions
Opportunities:
Internet Penetration Is Increasing a Lot and Increasing Awareness About Furry Guests
The Pet Hotels market study is being classified by Type (Dog Hotels, Cat Hotels and Other Exotic Animals), by Application 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.
Segmentation Analysis
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 South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2023, Camp Bow Wow launched "Seize the Play" . The Camp Bow Wow app, which is now available for iOS and Android, enables pet parents to register using their email address in order to effortlessly communicate with their choice Camp site and check in on their Campers while they play and mingle.
Key Target Audience
Manufacturers of Pet Hotels, Suppliers and distributors of Pet Hotels, Governmental and Regulatory bodies and End-Users
Pet Hotels Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Pet Hotels Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Pet Hotels industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.