PET TRAINING INDUSTRY INSIGHTS
The U.S. pet training services market size to reach USD 1.5 billion by 2026, growing at a CAGR of 6% during the forecast period. Since the outbreak of the COVID-19 pandemic, the global pet training market has undergone several transformations, with vendors offering online services. The COVID-19 pandemic has a positive impact on the market. As compared to the pre-COVID estimation, the market has witnessed an increment of USD 8 million in revenue from pet training services in the US. Online service involves the pet trainer offering training tips and directions to the owner. These online classes have been provided in groups and private, where the pet owner receives personal attention to resolve issues related to pets. Another important factor influencing the growth of the market is the popularity of in-house training services. The US pet care industry is the largest market in the world in terms of revenue. With the outbreak of the coronavirus, the adoption of pets grew as people felt the need for companions during the lockdown. Sensing an opportunity, pet adoption shelters started promoting in-house services.
- The standard/companion pets services segment expects to reach USD 1.2 billion by 2026. The increasing popularity and cost efficiency of companion services are likely to drive the market.
- Pet adoption rates in the US observe a surge during the lockdown. Around over 3 million dogs and cats were adopted, thereby influencing the growth of the U.S. pet training services market.
- The inclusion of virtual and in-house private training services is likely to influence the market's growth, especially during lockdowns.
- The South region constitutes a majority of the revenue share, accounting for over USD 426 million, with dog services registering the largest market share of over USD 248 million in 2020.
- The U.S. pet training services market is highly fragmented, with Petco and PetSmart accounting for over 50% of the market share.
U.S. PET TRAINING SERVICES MARKET SEGMENTATION
This research report includes a detailed segmentation by
- Pet Type
INSIGHTS BY PET TYPE
The US dog training services market is expected to reach over USD 820 million by 2026. The segment is likely to grow due to the high adoption of dogs as pets. The adoption of dogs as pets soared during the COVID pandemic. Northeast and West regions have an increased number of services. PetSmart, Petco, CAMP BOW WOW, and Best Friends are the major vendors offering dog training services in the US. The US cat training services market is likely to grow at a CAGR of approx. 6%, reaching a revenue share of over USD 550 million by 2026. Cats are the second most preferred pets after dogs, and over 35% of people in the US own them as pets. Approx. 1.6 million cats are adopted from shelters each year in the US. Cat institutes are less than dogs and have a high growth scope as the percentage of people with the cat as a pet is growing. The number of cats adopted from the shelter was similar to dogs during the COVID-19 pandemic.
INSIGHTS BY PURPOSE
The standard pet market expects to cross over USD 1 billion by 2026, growing at a CAGR of approx. 6%. In 2020, the revenue share for standard/companion pets accounted for over 79%. South constituted the largest share for standard/companion training services, followed by Midwest and West regions. Labrador, Poodles, and Cavalier King Charles Spaniel commonly adopted companion dogs, whereas Maine Coon, Siamese, Ragdoll, and Abyssinian observe high acceptance as pets. Online and in-house private training witnessed a spike during the pandemic, with people increasingly adopting pets to overcome depression and anxiety. The US service pet training service market is likely to grow at a CAGR of approx. 6%. Service pets are specially trained to aid people suffering from disabilities or anxiety.
INSIGHTS BY BRANCHES
In 2020 the single branch segment accounted for over USD 462 million and was expected to grow at a CAGR of 6% during the forecast period. The southern region accounted for the largest revenue share for single branch training services, followed by West, Northeast, and Midwest 2020. Most vendors offering single services provide training and boarding facilities and day-care. Single branch service vendors offer in-house private and online training classes, which are significant factors driving the growth. In 2020, the multiple branch segment constituted over 57% market share. The segment is expected to grow at a CAGR of approx. 6%. South accounts for the largest share, followed by Midwest. Multiple-branch vendors hold an advantage over single-branch vendors as they conduct training modules for several types of pets, which increases their client base. They offer group and private training, which is provided at the center.
INSIGHTS BY GEOGRAPHY
The Southern region accounts for the highest revenue in the U.S. pet training services market. It constituted over USD 426 million in 2020, with the dog training segment representing the largest market share of over USD 248 million, followed by the cat segment with over USD 145 million. South has a host of vendors that offer a flurry of training services, ranging from obedience, behavioral, and socialization to advanced training. South is almost saturated due to a vast number of players present in the region with various services. Therefore, the region expects to be become intensely competitive, with players competing for the revenue share. Dog Gone Fun, PetSmart, Starmark Academy, Bark Busters, Camp Bow Wow, PSD K-9, US K-9 Academy, Petco, Licks & Loves, USA Dog Behaviour, Highland K9, and Beyond The Dog are a few major vendors operating in the South region.
INSIGHTS BY VENDORS
Several small and medium-sized vendors compete among themselves and prominent vendors. Most vendors are present in the Northeast and South regions of the country. Over 50% of vendors in Northeast and South US offer dogs and cats training services. PetSmart, Petco, Camp Bow Wow, and Best Friends Pet Care are the major vendors. PetSmart and Petco together account for 50% of the U.S. pet training services market share due to their wide presence in all the regions. Vendors offer a host of obedience and behavioral training, increasing their revenue shares. In 2020, training and pet grooming services stood at over USD 10 billion in 2019 and rose to approx. USD 11 billion in 2020.
The U.S. pet training services market research report includes in-depth coverage of the industry analysis, market dynamics with revenue and forecast insights for the following segments:
- Standard or Companion
- Specific Purpose