, /PRNewswire/ -- The global size is estimated to grow by billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.87% during the forecast period.
For more insights on the forecast market size and historic data (2018 - 2022) - The pet sitting market's expansion can be attributed to the rising trend of pet humanization. This phenomenon involves treating pets as family members and providing them with human-quality products and services. Pet owners, particularly Millennials and Gen Z, are driving this trend.
Pet-sitting service providers benefit from it by catering to the specific needs and desires of pet parents, thereby expanding their customer base and increasing growth opportunities during the forecast period. The pet sitting market is experiencing significant growth with an increasing number of pet owners seeking reliable care solutions for their pets. According to industry data, pets of various types, including dogs and cats, require daily attention and care when their owners are away.
Pet sitting services provide this care, offering peace of mind to pet owners. These services range from pet care at home to pet boarding facilities. Consumers prefer personalized services, such as dog walking and administering medication.
Technology plays a crucial role in the pet sitting industry, with apps and websites facilitating the booking process. Dog walking services are also trending, with many pet sitting businesses offering this service to mee.