The global pet-sitting market, which includes pet boarding, sitting, and walking, is expected to reach over $7 billion by 2030.

The figure was revealed in a recent report by ResearchAndMarkets, which estimates the industry will grow by 11.52 per cent from 2022 to 2030.

Key factors driving the growth are the emergence of start-ups, rising pet expenditure, and multi-service offerings by major companies, coupled with back to office trends post-Covid restrictions and rising pet health concerns.

“The growing pet adoption across the globe is boosting the demand for pet care services, such as pet sitting. In addition, increasing spending of pet owners on various services and growing disposable income levels, particularly in developing economies, are expected to propel the adoption of pet sitting services in the coming years,” stated the report.

The report also identified the fact that owners are now more likely to view their pets as family members and are more willing to spend on their pet’s health, grooming, and care, which has led to an increase in the uptake of pet services.

By pet type, the dog segment held the highest revenue share in 2021, while the cat segment is expected to grow at the fastest compound annual growth rate (CAGR) over the forecast period.

While the care visits segment dominated the industry in 2021, the drop-in visits segment is expected to grow at the highest CAGR from now until 2030.

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