Ruff day: Industry profit is expected to decline marginally due to rising wage costs
Abstract
Dog Walking Services Higher pet ownership and increased pet spending have largely supported the industry’s expansion over the five years to 2018. The industry has been characterized by a changing landscape, with the emergence of several new entrants that offer a technological edge to traditional dog walking services through consumer-friendly mobile applications. Over the five years to 2023, expected stability in the job market and increased working hours will drive greater demand for dog walkers and pet sitting services. As a result, industry revenue is expected to continue its upward trajectory. A further anticipated increase in disposable income will enable more pet owners to afford pet-related services. However, industry profit is expected to decline marginally over the next five years due to the constraints of competitive pricing pressures.
This industry includes establishments that provide dog walking services to households. Also included in this industry are pet sitters, who commonly make personal visits to pet owner’s homes to care for dogs and cats. The industry does not include companies that primarily offer pet grooming, training, boarding or other pet services, which are accounted for in the Pet Grooming and Boarding industry.
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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571 pages •
By Global Industry Analysts
• Feb 2022
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53 pages •
By Euromonitor International
• Apr 2021
The COVID-19 crisis did not lead to a shortage of pet food nor major incidents of panic buying. While stores were restricted to shorter operating hours, they were able to open daily. Demand across pet care product categories has been bolstered by the crisis, as people lacking social contact because of concerns about exposure to the SARS-CoV-2...
Pet Care
Indonesia
Pet Food Sales
Pet Products Sales
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