India Pet Services Market Size & Outlook, 2023-2030
India pet services market, 2018-2030 (US$M)
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India pet services market highlights
- The India pet services market generated a revenue of USD 485.1 million in 2023 and is expected to reach USD 1,025.0 million by 2030.
- The India market is expected to grow at a CAGR of 11.3% 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 485.1 million |
| Market revenue in 2030 | USD 1,025.0 million |
| Growth rate | 11.3% (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, India accounted for 2.8% 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 |
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India 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 40.03% in 2023. Horizon Databook has segmented the India pet services market based on boarding, sitting, travel, grooming covering the revenue growth of each sub-segment from 2018 to 2030.
Growing pet ownership in India provided significant momentum to the pet-care system, encompassing retail chains, pet nutrition, and services. This trend has been further facilitated by the emergence of e-commerce platforms, serving as effective distribution channels for pet products and services.
Increasing pet humanization, delayed parenthood among urban couples, the rising number of nuclear families, growing double-income households, and improved standard of living have all contributed to pets becoming integral members of families. These factors have fueled the demand for pet care services in India.
With the saturation of pet care market in Western countries, international pet care brands are now entering the Indian market, creating substantial opportunities and scope for business development. This investment growth reflects the recognition of the industry’s potential.
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Target buyers of India pet services market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India pet services market , including forecasts for subscribers. This country databook contains high-level insights into India pet services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India pet services market size, by service type, 2018-2030 (US$M)
India Pet Services Market Outlook Share, 2023 & 2030 (US$M)
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