Global Pet Training Services Market to Reach $6.84 Billion by 2031: AMR

Allied Market Research

The increase in the number of nuclear families due to rapid urbanization and increasing disposable income coupled with increased awareness of the health benefits of owning pets has driven the growth of the global market for pet training services. The North American market held the lion’s share in 2021, accounting for nearly two-fifths of the market. As people have been forced to stay home for a longer period due to lockdown restrictions, they have encouraged people to adopt pets for companionship. This has increased the demand for pet training services.

Portland, OR, Aug. 03, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the pet training services market generated $3.83 billion in 2021 and is expected to reach $6.84 billion by 2031, growing at a CAGR of 6.0% from 2022 to 2031.

Report coverage and details:

Report cover

Details

Forecast period

2021–2030

base year

2020

Market size in 2021

$3.83 billion

Market size in 2031

$6.84 billion

CAGR

6.0%

Number of pages in the report

300

Segments Covered

Type of animal, objective, branch, training method and region.

Drivers

Increase in number of nuclear families due to rapid urbanization

Increased disposable income coupled with increased awareness of the health benefits of owning pets

Opportunities

Availability of various videos regarding pet training methods for free

holds back

Increased awareness and adoption of electronic pet training products among pet owners

Covid-19 scenario:

  • The Covid-19 pandemic has led to an increase in pet adoption across the world. As people have been forced to stay home for a longer period due to lockdown restrictions, many have been encouraged to adopt pets for companionship. This has increased the demand for pet training services.

  • During the long period of confinement, the mental health of people around the world has taken a toll, and adopting pets as companionship has helped to improve their social and mental well-being.

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The report segments the global pet training services market on the basis of animal type, purpose, industry, training method and region.

Based on the type of pet, the report is divided into dogs, cats, horses and others. The dog segment held the largest share in 2021, accounting for more than two-fifths of the market. The segment is expected to dominate the market throughout the forecast period. However, the cat segment is expected to register the highest CAGR of 6.6% during the forecast period.

Based on the purpose, the report is categorized into standard, specific, and service. The standard segment held the largest share in 2021, contributing more than two-thirds of the market. The segment is expected to maintain its dominance over the forecast period. However, the specific segment is estimated to manifest the highest CAGR of 6.7% from 2022 to 2031.

Based on branch, the report segments the market into single and multiple. The single segment is expected to exhibit the highest CAGR of 6.4% during the forecast period. However, the multiple segment dominated the market in 2021, accounting for almost three-fifths of the global pet training services market. The segment is expected to maintain its revenue dominance throughout the forecast period.

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Based on the training method, the offline segment held the largest share in 2021, contributing more than three quarters of the market. Furthermore, the segment is expected to maintain its leading position from 2022 to 2031. On the contrary, the virtual segment is expected to show the highest CAGR of 6.7% during the forecast period.

The global pet training services market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The North American market held the lion’s share in 2021, accounting for nearly two-fifths of the market. However, Asia-Pacific is expected to show the highest CAGR of 7.4% during the forecast period.

The global pet training services market includes an in-depth analysis of major market players such as Best friends, Big Valley Dog training, Beyond The Dog, Camp Bow Wow, Brunell Pet Services, Every Dog Behavior and Training, Dog Gone Fun, Highland Canine Training, LLC., Family Dog Training Center, K9 GTA, Licks and Loves, Papp’s Dog Training Services, Noble Beast Dog Training, WAGS 4 Kids, USA Dog Behavior, K9 Bond, Canine Solution International (K9SI), Delta One Canines, Hill’s Pet Nutrition, Inc. and Viking – Dog Training. These market players have adopted several strategies such as partnerships, collaborations, mergers and acquisitions, and new product launches to maintain their presence in the industry.

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About Us

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Pawan Kumar, CEO of Allied Market Research is essential to inspire and encourage everyone associated with the business to maintain high quality data and help customers in every way possible to achieve success. All the data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the field concerned. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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