Pet Hotels Market Overview and Regional Outlook Study 2016 – 2030


Pet Hotels Market is valued at around USD 4,320.6 million in 2022 and is expected to reach USD 9,679.1 million by 2030, registering a CAGR of 8.4% over the forecast period.

Pet_Hotels_Market22

Demand for pet hotels is anticipated to rise as a result of changes in demographic patterns for high-end pet care services, such as group playtime in emerging nations, as well as growing public awareness of veterinarian health.

However, the idea of home boarding has gained traction due to the availability of many tools and materials in well-established luxury pet stores, which could hurt the market for pet hotels. On the other hand, there are more global government and organisation campaigns to raise awareness and encourage pet ownership. Parents who own pets are becoming more thoughtful and sentimental about them.

Pet owners have transformed into pet parents since pets are seen as family members more and more frequently. Spending on pets has increased as a result of this transformation and people's growing affection for them.
Today's pet owners demand the same lavish lifestyles for their animals as they do for their own loved ones. As pet owners spend more money on their animals, pet holidays for dogs, cats, and other exotic animals are growing in popularity. As a result, pet hotels are becoming more widespread. Both pet boarding establishments and daycare facilities are referred to as pet hotels. Pet hotels provide a wide range of services for animals, such as boarding, daycare, grooming, training, spas, entertainment, and other things. 

The Pet Hotels Market – Market Trends

• One of the key elements fuelling the market expansion for pet hotels is the increase in pet ownership. 85 million households in America have pets, and 12% more households now own pets than there were 30 years ago, according to data from the American Pet Products Association.
• This increase in pet ownership is anticipated to boost the market's expansion. The growing obsession with high-end pets in various regions is also projected to support industry expansion. In this sector, a few common business trends like personalisation and customisation are very popular.
• The experience that their pets have at pet hotels can be tailored or personalised by the pet owners. The pet hotels on the market are offering unique packages to draw in a sizable clientele.
• In a pet hotel, the pet owner can create a unique experience for their animals that might include a variety of services like pet entertainment, grooming, and other amenities.

Get Exclusive Sample Copy of This Report Here: https://wemarketresearch.com/sample-request/pet-hotels-market/665/ 

The Pet Hotels Market – Segmentation
The Pet Hotels Market fragrance concentrates market has been sub-classified into pet type, hotel type, rating, booking mode.

On the basis of pet type, the Pet Hotels Market is bifurcated into:
• Dog hotels
• Cat hotels
• Others exotic animals

On the basis of hotel type, the market is segmented into:
• Economic hotels
• Mid-range hotels
• Luxury hotels
• others

On the basis of rating, the market segmented into:
• • 3 and above
• Others

On the basis of booking mode, the market segmented into:
• Offline booking
• Phone booking
• Online booking
• Others

The Pet Hotels Market –Regional Analysis
North America dominated the global Pet Hotels Market, for pet hotels is dominated by North America, followed by Europe. This is because these regions have a high rate of pet adoption and rising pet care costs. Given the growing awareness of pet care in East Asia, South Asia, and Oceania, the pet hotel business is projected to expand in these regions. Social media's increasing use in these areas is probably going to increase market potential even more. Additionally, market participants are looking for franchise opportunities, which is predicted to increase pet hostel sales during the projection period.

The Pet Hotels Market – Key Market players
Global key players of Pet Hotels Market include D Pet Hotels, Critterati, Camp Bow Wow, Posh Pet Hotel, The Barkley, Best Friend Pet Care, Old Towne Pet Resort, The Ings Luxury Cat Hotels, Wag Hotels, and Pacific Pet Resort, among others.

Get more details on this report:- https://wemarketresearch.com/reports/pet-hotels-market/665/ 

Frequently Asked Questions About This Report
• How big is the Pet Hotels market?
• What is the Pet Hotels market growth?
• Which segment accounted for the largest Pet Hotels market share?
• Who are the key players in the Pet Hotels market?
• What are the factors driving the Pet Hotels market?

About We Market Research

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception.

Contact Information

We Market Research

99 WALL STREET, #2124 NEW YORK, NY 10005
#2124 NEW YORK, NY
10005
USA
Phone : +1(650)-666-4592
View website

Published in

Business

Published on

Dec 07, 2022

Social Links

PRnob Facebook Page Twitter page of PRnob.com LinkedIn page of PRnob.com