Sit and stay: Increased international travel will increase spending on pet boarding services
The Pet Grooming and Boarding industry, which provides pet care services, such as boarding, grooming and training, exhibited strong growth over the five years to 2019. Demand for pet grooming, boarding, training and walking is at an all-time high due to rising pet ownership, improved disposable income and changing consumer preferences regarding pet care. Over the five years to 2024, the industry will continue to grow, albeit at a slower rate. The growing Canadian population and increasing per capita disposable income will enable consumers with the financial means to purchase a pet and treat them to high-priced services. In addition, higher levels of international travel among Canadian citizens will bolster the need for pet boarding services, the largest industry product category. Industry competition, however, is expected to intensify; for example, at-home grooming products will continue to siphon price-conscious consumers away from the industry, and growing competition will constrain revenue growth for existing pet grooming companies.
The Pet Grooming and Boarding industry in Canada primarily provides pet care services, such as boarding, grooming and training. This industry includes animal shelters, obedience training services, guard dog training services, pet boarding and animal grooming services. This industry does not include establishments that predominantly retail products, board horses, transport pets or practise veterinary medicine.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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