Japan Pet Services Market Size & Outlook, 2023-2030
Japan pet services market, 2018-2030 (US$M)
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Japan pet services market highlights
- The Japan pet services market generated a revenue of USD 575.9 million in 2023 and is expected to reach USD 1,102.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.7% 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 575.9 million |
| Market revenue in 2030 | USD 1,102.5 million |
| Growth rate | 9.7% (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, Japan accounted for 3.3% 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 |
|---|
Japan 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 40.72% in 2023. Horizon Databook has segmented the Japan pet services market based on boarding, sitting, travel, grooming covering the revenue growth of each sub-segment from 2018 to 2030.
Growing dog & cat populations and external influences, such as the depreciation of the yen, escalating costs of pet food materials, and the increasing prevalence of budget-conscious consumers, are the major factors boosting the growth in Japan pet services market. In addition, Japan pet care market comprises numerous manufacturers, service providers, and distributors.
Unicharm and Mars Japan are some of the prominent providers in the market, offering a comprehensive portfolio of dog and cat food & services across various price segments. In response to increasing competition from more affordable brands and private label offerings, these market players are introducing new products and adopting initiatives, such as partnerships, acquisitions, and mergers.
For instance, in November 2022, AFLAC INCORPORATED, a pet insurance provider in the U.S. and Japan, announced a joint venture with Trupanion to provide pet insurance services in Japan. The joint venture aims to leverage AFLAC INCORPORATED’s brand, insurance expertise, and extensive distribution network in Japan in combination with Trupanion’s leadership and expertise in the pet insurance sector.
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Target buyers of Japan 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 Japan pet services market , including forecasts for subscribers. This country databook contains high-level insights into Japan pet services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan pet services market size, by service type, 2018-2030 (US$M)
Japan Pet Services Market Outlook Share, 2023 & 2030 (US$M)
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