Pet Services Market: Innovations in Pet Training and Behavioral Solutions
The global pet services market size is expected to reach USD 50.07 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.21% from 2023 to 2030. The key factors driving the market include an increasing number of pet owners and spending on pets. As per FEDIAF’s 2020 report, 33% of or 88 million European households own a pet. This number is anticipated to increase owing to the declining human birth rate in key markets, increasing disposable income, and pet humanization. The pet services business decreased as a result of the COVID-19 epidemic, notably in 2020. This negative impact is primarily due to the closure of pet services and restricted access to them as a result of social distancing norms and lockdowns. At the start of the epidemic, key players witnessed a significant drop in appointments and payment volume as per PocketSuite- a mobile-first, business management app for pet service providers. Gather more insight...