by The global mobile pet care market is helping pet owners manage their furry family members’ needs without the stress of transporting them to appointments or facilities. Pet grooming, daycare, veterinary house calls and more are now available on wheels.
The Global Mobile Pet Care Market Size is estimated to be valued at US$ 641.4 Mn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the global mobile pet care market are PetSmart, Petco, Hollywood Feed, Pet Paradise, Aussie Pet Mobile, Purrfect Pet Services, Holistic Hound, My Pet Mobile Vet, Dial a Dog Wash, House Paws Mobile Vet, Mobile Mutts, Paw Pals Pet Sitting, Pet Calls Mobile Veterinary, Shelter to Sofa Mobile Grooming, The Pooch Mobile, Wags Mobile Pet Grooming, Walkin’ Pets by HandicappedPets.com, Mobile Pet Vet, LLC, Vet Care Pet Clinic, and Family Veterinary Inc. The growing demand for convenience and less stress for pets is fueling the mobile pet care space. Companies are expanding their services globally to cater to the increasing number of pet owners worldwide.
Growing Demand: pet parents who work long hours or have mobility issues greatly appreciate on-the-go services that allow them to care for their pets without additional stress. This growing demand is one of the key factors propelling the mobile pet care market.
Global Expansion: Major companies are strengthening their presence across regions to tap the opportunities arising from growing pet adoption and rising pet care expenditure worldwide. For example, PetSmart acquired a majority stake in Billy pet care company to expand into Europe in 2024.
Market Key Trends
Customized and tech-enabled services are a major trend in the mobile pet care space. Companies are leveraging IoT devices, mobile apps and predictive algorithms to offer hyper-localized, customized services tailored to each pet’s individual needs. For instance, wearable trackers and activity monitoring apps help mobile pet sitters and dog walkers understand pets’ behavior and schedule visits accordingly. This leads to improved pet wellness and happier clients.
Porter’s Analysis
Threat Of New Entrants: The mobile pet care industry requires high amount of capital to set up operations and earn clientele trust. Hence threat is moderate.
Bargaining Power Of Buyers: Buyers have many options to choose from various pet service providers. However, services are differentiated based on location convenience making switching costs high. Bargaining power of buyers is moderate.
Bargaining Power Of Suppliers: Suppliers of pet foods, supplies and equipments have limited power as there are many substitutes available. Bargaining power of suppliers is low.
Threat Of New Substitutes: Threat is low as no close substitutes or alternative exists for mobile pet care services.
Competitive Rivalry: Industry has many small and large players competing on service quality and customization. Competition is high.
Geographical Regions
North America region dominates the global mobile pet care market in terms of value. Rising pet adoption and growing awareness about mobile pet care services are major factors for regional market growth.
Asia Pacific region is expected to witness fastest growth during forecast period. Countries like China and India are seeing rapid urbanization along with increasing disposable incomes which is supporting mobile pet care market expansion.
What Are The Key Data Covered In This Global Mobile Pet Care Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Global Mobile Pet Care’s growth between 2024 and 2031.
:- Accurate calculation of the size of the Global Mobile Pet Care and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Global Mobile Pet Care Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Global Mobile Pet Care vendors
FAQ’s
Q.1 What are the main factors influencing the Global Mobile Pet Care?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Global Mobile Pet Care companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Global Mobile Pet Care’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
