Australia Pet Services Market Size & Outlook, 2023-2030
Australia pet services market, 2018-2030 (US$M)
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Australia pet services market highlights
- The Australia pet services market generated a revenue of USD 440.3 million in 2023 and is expected to reach USD 894.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, boarding was the largest revenue generating service type in 2023.
- Sitting is the most lucrative service type segment registering the fastest growth during the forecast period.
Pet services market data book summary
| Market revenue in 2023 | USD 440.3 million |
| Market revenue in 2030 | USD 894.6 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Boarding |
| Fastest growing segment | Sitting |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Boarding, Sitting, Travel, Grooming |
| Key market players worldwide | Wag Group Co, Pets at Home Group PLC, Rover, Dogtopia Enterprises, American Pet Resort, Airpets International, Paradise 4 Paws |
Other key industry trends
- In terms of revenue, Australia accounted for 2.5% of the global pet services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pet services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,025.0 million by 2030.
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Pet Services Market Scope
Pet Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia pet services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet services market will help companies and investors design strategic landscapes.
Boarding was the largest segment with a revenue share of 39.5% in 2023. Horizon Databook has segmented the Australia pet services market based on boarding, sitting, travel, grooming covering the revenue growth of each sub-segment from 2018 to 2030.
Australia pet services market is expected to witness substantial growth over the forecast period. Growth in the market is primarily driven by the rising adoption of pets, increasing pet humanization, evolving lifestyle, the growing number of nuclear households, and the increasing millennial demographic.
Moreover, there is a growing demand for vegan pet food products due to a rising preference for plant-based and nutritious meals among pet owners for their pets. These factors are expected to contribute to pet services market growth in the country. Government organizations constantly undertake initiatives, such as partnerships and new programs, to promote pet wellness and safety.
For instance, in March 2021, Sport Integrity Australia (SIA), an Australian government agency, announced a partnership with Integra Service Dogs Australia to offer an initiative where staff members have the opportunity to foster service dogs during the final phase of their training before being paired with their designated guardian.
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Our clientele includes a mix of pet services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia pet services market , including forecasts for subscribers. This country databook contains high-level insights into Australia pet services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia pet services market size, by service type, 2018-2030 (US$M)
Australia Pet Services Market Outlook Share, 2023 & 2030 (US$M)
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