Mexico Pet Services Market Size & Outlook, 2023-2030
Mexico pet services market, 2018-2030 (US$M)
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Mexico pet services market highlights
- The Mexico pet services market generated a revenue of USD 392.0 million in 2023 and is expected to reach USD 756.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.9% 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 392.0 million |
| Market revenue in 2030 | USD 756.9 million |
| Growth rate | 9.9% (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, Mexico accounted for 2.2% 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 Latin America, Brazil pet services market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 756.9 million by 2030.
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Pet Services Market Scope
Pet Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 45.69% in 2023. Horizon Databook has segmented the Mexico pet services market based on boarding, sitting, travel, grooming covering the revenue growth of each sub-segment from 2018 to 2030.
The pet services market in Mexico is driven by several key factors like growing requirements for services that offer convenience and a wide range of pet services, including grooming & other complementary services. Furthermore, the increasing use of online platforms for marketing and service delivery is expected to drive regional market expansion.
PetSmart LLC, a prominent player in the Mexico pet services industry, offers virtual dog training. This service allows pet owners to access training sessions through online platforms, eliminating the need for in-person attendance.
With virtual training, pet owners can conveniently participate in training sessions from the comfort of their homes, utilizing video conferencing technology. This approach not only provides flexibility but also expands the reach of their training services to a wider audience.
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Target buyers of Mexico 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 Mexico pet services market , including forecasts for subscribers. This country databook contains high-level insights into Mexico pet services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico pet services market size, by service type, 2018-2030 (US$M)
Mexico Pet Services Market Outlook Share, 2023 & 2030 (US$M)
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