Pet daycare and lodging market size to grow by USD 8.6 billion: Driven by the growing popularity of various pet daycare and lodging services - Technavio

NEW YORK, Feb. 16, 2023 /PRNewswire/ -- According to Technavio, the global pet daycare and lodging market size is estimated to grow by USD 8.6 billion from 2021 to 2026. The market is estimated to grow at a CAGR of 6.34% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 37% of the market's growth. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on the market, request a sample report

Global pet daycare and lodging market - Five forces
The global pet daycare and lodging market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• For an interpretation of Porter's five forces model – Buy the report!

Global pet daycare and lodging Market – Customer landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global pet daycare and lodging market - Segmentation assessment

Segment overview
Technavio has segmented the market based on type (dog daycare and lodging, combined daycare and lodging, and cat daycare and lodging). 

• The dog daycare and lodging segment will account for a significant share of the market's growth during the forecast period. Dogs are the most commonly owned pets. Hence, the high adoption of dogs is driving the growth of this segment. Many service providers, especially in developed countries in North America, offer premium lodging services for dogs. These factors are expected to contribute to the growth of the dog daycare and lodging segment during the forecast period.

Geography overview
Based on geography, the global pet daycare and lodging market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global pet daycare and lodging market.

• North America will account for 37% of the market's growth during the forecast period. The US and Canada are the key contributors to the pet daycare and lodging market in the region. However, market growth in this region will be slower than the growth of the market in other regions. The high affordability limit and the availability of full-time and experienced service providers will drive the pet daycare and lodging market growth in North America during the forecast period.

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Global pet daycare and lodging market – Market dynamics
Key factor driving market growth

• The rising popularity of various pet daycare and lodging services is driving the market's growth.
• The growing pet humanization culture, especially in North America and Europe, has increased the demand for pet daycare and lodging services.
• Daycare, boarding, training, walking, playing, and grooming are some of the services provided by service providers.
• Many companies offer specific pet services as per the requirements of customers, such as private pet suites and pet sitters.
• These factors are expected to contribute significantly to the growth of the global pet daycare and lodging market during the forecast period.

Leading trends influencing the market 

• Strict compliance with stringent regulations and certifications is a key trend in the market.
• Concerns regarding pet safety have encouraged some organizations to formulate regulations to monitor the service quality of daycare and lodging service providers.
• For instance, certifications such as the Professional Animal Care Certification Council (PACCC) confirm the expertise of service providers based on their industry experience and responsibility levels.
• Compliance with such regulations and certifications helps in building trust among pet owners.
• This is expected to support the growth of the global pet daycare and lodging market during the forecast period.

Major challenges hindering market growth

• The growing awareness about safety concerns and allergies will challenge the pet daycare and lodging market during the forecast period.
• Many pet owners do not trust pet daycare and lodging services due to potential safety risks such as exposure to ingestible items and electric wires, sharp fencing, flooded floors, heights, and lack of trained staff.
• Several animals carry harmful bacteria such as Campylobacter jejuni and diseases such as cryptosporidiosis.
• Moreover, the protein found in the saliva and urine of pets such as cats and dogs can cause skin allergies in humans.
• These factors are expected to hinder the growth of the global pet daycare and lodging market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this pet daycare and lodging market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the pet daycare and lodging market between 2022 and 2026
• Precise estimation of the size of the pet daycare and lodging market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the pet daycare and lodging market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of pet daycare and lodging market vendors

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Related Reports:

The pet care market size is expected to grow by USD 58.96 million from 2021 to 2026, with a progressing CAGR of 5.75%. This report extensively covers market segmentation by application (dogs, cats, and others), product (food, accessories, and grooming), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

The pet insurance market size is expected to increase by USD 12.05 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 27.11%. This report extensively covers market segmentation by pet type (dogs, cats, and others) and geography (North America, Europe, APAC, South America, and MEA).

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Dog daycare and lodging - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Dog daycare and lodging - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Dog daycare and lodging - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Dog daycare and lodging - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Dog daycare and lodging - Year-over-year growth 2021-2026 (%)

• 5.4 Combined daycare and lodging - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Combined daycare and lodging - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Combined daycare and lodging - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Combined daycare and lodging - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Combined daycare and lodging - Year-over-year growth 2021-2026 (%)

• 5.5 Cat daycare and lodging - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Cat daycare and lodging - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Cat daycare and lodging - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Cat daycare and lodging - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Cat daycare and lodging - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type 
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026 
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026
• Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Best Friends Pet Care Inc. 
• Exhibit 93: Best Friends Pet Care Inc. - Overview
• Exhibit 94: Best Friends Pet Care Inc. - Product / Service
• Exhibit 95: Best Friends Pet Care Inc. - Key offerings

• 10.4 Camp Bow Wow Franchising Inc. 
• Exhibit 96: Camp Bow Wow Franchising Inc. - Overview
• Exhibit 97: Camp Bow Wow Franchising Inc. - Product / Service
• Exhibit 98: Camp Bow Wow Franchising Inc. - Key offerings

• 10.5 Country Comfort Kennels 
• Exhibit 99: Country Comfort Kennels - Overview
• Exhibit 100: Country Comfort Kennels - Product / Service
• Exhibit 101: Country Comfort Kennels - Key offerings

• 10.6 Country Paws Boarding Inc. 
• Exhibit 102: Country Paws Boarding Inc. - Overview
• Exhibit 103: Country Paws Boarding Inc. - Product / Service
• Exhibit 104: Country Paws Boarding Inc. - Key offerings

• 10.7 Dogtopia Enterprises LLC 
• Exhibit 105: Dogtopia Enterprises LLC - Overview
• Exhibit 106: Dogtopia Enterprises LLC - Product / Service
• Exhibit 107: Dogtopia Enterprises LLC - Key offerings

• 10.8 Paradise 4 Paws LLC 
• Exhibit 108: Paradise 4 Paws LLC - Overview
• Exhibit 109: Paradise 4 Paws LLC - Product / Service
• Exhibit 110: Paradise 4 Paws LLC - Key offerings

• 10.9 PetBacker 
• Exhibit 111: PetBacker - Overview
• Exhibit 112: PetBacker - Product / Service
• Exhibit 113: PetBacker - Key offerings

• 10.10 PetSmart Inc. 
• Exhibit 114: PetSmart Inc. - Overview
• Exhibit 115: PetSmart Inc. - Product / Service
• Exhibit 116: PetSmart Inc. - Key offerings

• 10.11 The Dog Stop 
• Exhibit 117: The Dog Stop - Overview
• Exhibit 118: The Dog Stop - Product / Service
• Exhibit 119: The Dog Stop - Key offerings

• 10.12 Urban Tails Pet Resort 
• Exhibit 120: Urban Tails Pet Resort - Overview
• Exhibit 121: Urban Tails Pet Resort - Product / Service
• Exhibit 122: Urban Tails Pet Resort - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 125: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 11.5 List of abbreviations 
• Exhibit 129: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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