South Africa Pet Services Market Size & Outlook, 2023-2030
South Africa pet services market, 2018-2030 (US$M)
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South Africa pet services market highlights
- The South Africa pet services market generated a revenue of USD 206.8 million in 2023 and is expected to reach USD 404.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.1% 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 206.8 million |
| Market revenue in 2030 | USD 404.4 million |
| Growth rate | 10.1% (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, South Africa accounted for 1.2% 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 Middle East & Africa, South Africa pet services market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 24.6 million by 2030.
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Pet Services Market Scope
Pet Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 39.89% in 2023. Horizon Databook has segmented the South Africa pet services market based on boarding, sitting, travel, grooming covering the revenue growth of each sub-segment from 2018 to 2030.
The pet population in South Africa experienced a notable increase during the pandemic and is expected to continue growing, positively influencing the demand for premium pet products and services. The surge over the past few years was primarily driven by pet owners’ expenditures on pet snacks, treats, and healthcare.
The growth in pet services market can be attributed to pet humanization by their owners, who view them as family members. Furthermore, the market expansion is propelled by increasing e-commerce channels, with growing preference for online shopping among consumers. This trend can be attributed to the impact of the pandemic, which has significantly influenced consumer behavior and preferences in favor of online platforms.
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Target buyers of South Africa 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 South Africa pet services market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pet services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa pet services market size, by service type, 2018-2030 (US$M)
South Africa Pet Services Market Outlook Share, 2023 & 2030 (US$M)
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