LONDON--(BUSINESS WIRE)--Jul 9, 2020--
Technavio has been monitoring the pet daycare and lodging market and it is poised to grow by USD 8.24 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Pet Daycare and Lodging Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Best Friends Pet Care Inc., Camp Bow Wow Franchising Inc., Country Comfort Kennels, Country Paws Boarding Inc., Dogtopia Enterprises LLC, Paradise 4 Paws LLC, PetBacker, PetSmart Inc., Preppy Pet Franchises Inc., and Urban Tails Pet Resort are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The popularity of various pet daycare & lodging services has been instrumental in driving the growth of the market. However, growing awareness of safety concerns and animal allergies might hamper the market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/pet-daycare-and-lodging-market-industry-analysis
Pet Daycare and Lodging Market 2020-2024: Segmentation
Pet Daycare and Lodging Market is segmented as below:
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Pet Daycare and Lodging Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pet daycare and lodging market report covers the following areas:
This study identifies increasing availability of multifunctional pet furniture in pet daycare and lodging as one of the prime reasons driving the Pet Daycare and Lodging Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Pet Daycare and Lodging Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Type
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
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PUB: 07/09/2020 09:00 PM/DISC: 07/09/2020 09:01 PM