Italy Pet Services Market Size & Outlook, 2023-2030
Italy pet services market, 2018-2030 (US$M)
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Italy pet services market highlights
- The Italy pet services market generated a revenue of USD 628.3 million in 2023 and is expected to reach USD 1,145.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 9% 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 628.3 million |
| Market revenue in 2030 | USD 1,145.3 million |
| Growth rate | 9% (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, Italy accounted for 3.6% 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 Europe, UK pet services market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 247.4 million by 2030.
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Pet Services Market Scope
Pet Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 38.98% in 2023. Horizon Databook has segmented the Italy pet services market based on boarding, sitting, travel, grooming covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of various prominent players, such as PetSit Italia, PetSafe, and Tiendanimal, in the country is expected to boost market growth over the forecast period. Furthermore, international market players actively pursue opportunities for global expansion in Italy through strategic partnerships, acquisitions, and product launches.
This is driven by recognizing the country’s significant growth potential in the pet services market. For instance, in June 2021, Cinven, a multinational private equity firm, acquired a majority stake in Arcaplanet from funds advised by Winch Capital Partners and Permira. This acquisition resulted in the formation of the Arcaplanet Group, combining Maxi Zoo Italia and Arcaplanet.
As a result, the Arcaplanet Group will emerge as one of Italy’s foremost pet care platforms, operating approximately 500 brick-and-mortar stores throughout the country, in addition to an online presence. The offerings will include both pet food products and pet care services.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy pet services market , including forecasts for subscribers. This country databook contains high-level insights into Italy pet services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy pet services market size, by service type, 2018-2030 (US$M)
Italy Pet Services Market Outlook Share, 2023 & 2030 (US$M)
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