Dublin, May 19, 2021 (GLOBE NEWSWIRE) -- The "U.S. Pet Training Services Market - Industry Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this U.S. Pet Training Services Market Report
The U.S. pet training services market by revenue is expected to grow at a CAGR of approx. 6% during the period 2020-2026.
Since the outbreak of the COVID-19 pandemic, the global pet training market has undergone several transformations, with vendors offering online pet training 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 training service involves the pet trainer offering training tips and directions to the owner. These online classes have been provided in groups and in 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 training services.
The following factors are likely to contribute to the growth of the U.S. pet training services market during the forecast period:
- Increase in Pet Adoption
- Increase in Pet Humanization
- The rise in Electronic Pet Training Products
- Increase in Virtual Pet Care Services
The study considers the U.S. pet training market's present scenario and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
U.S. Pet Training Services Market Segmentation
The U.S. pet training services market research report includes a detailed segmentation by pet type, purpose, branches, geography. 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 dog training 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 training 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.
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 are the commonly adopted companion dogs, whereas Maine Coon, Siamese, Ragdoll, and Abyssinian observe high acceptance as pets. Online training 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.
In 2020 the single branch segment accounted for over USD 462 million and is 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 in 2020. Most vendors offering single services provide training and boarding facilities and day-care. Single branch service vendors offer in-house private training and online line 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 training center.
INSIGHTS BY VENDORS
The U.S. pet training market is characterized by several small and medium-sized vendors competing 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 training 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 training, including obedience and behavioral training, which are increasing their revenue shares. In 2020, training and grooming services stood at over USD 10 billion in 2019 and rose to approx. USD 11 billion in 2020.
Prominent Vendors
- PetSmart
- CAMP BOW WOW
- Petco
- Best Friends
Other Prominent Vendors
- Dog Gone Fun
- Noble Beast Pet Services
- Starmark Academy
- Bark Buster
- National K-9 Learning Center
- K9 GTA
- Police Services Dogs
- Dog Trainer College
- US K9 Academy
- Precision Horse Training
- Sit n' Stay
- Licks & Loves
- USA Dog Behavior
- Highland Canine Training
- Papp's Dog Services
- Cloud K9 Academy
- Karen Pryor Academy
- Speciality Dog Training
- Big Valley Dog Training
- BEYOND THE DOG
- SIT MEANS SIT
- Family Dog
- Karma Dogs
- Brunell Pet Services
- Smart Dogs Dog Training Academy
- Happy Hound Dog Training Center
- Michigan Dog Training
- White Fences Equestrain Center
- Tally Hawk Stables
- Oscar's Pet Resort
- Karen Pryor Academy
- 4M Horse Training
- ROOKER TRAINING STABLE
- Animal Attraction Unlimited
- Barbara's Force Free Animal Training
- South Orlando Dog Training
- Every Dog Has Its Day
- Kriser's
KEY QUESTIONS ANSWERED
1. Is the US pet industry growing or shrinking?
2. How big is the pet market in the US?
3. How big is the dog training industry?
4. What are the significant trends observed in the US pet services industry?
5. What major opportunities and constraints for the growth of the US training services industry?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of The Study
4.3.1 Market Segmentation by Pet Type
4.3.2 Market Segmentation by Purpose
4.3.3 Market Segmentation by Branches
4.3.4 Market Segmentation by Region
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Impact Of COVID-19
8 Market Opportunities & Trends
8.1 Rise In Pet Adoption
8.2 Increase In Pet Humanization
8.3 Increase In Use Of Electronic Pet Training Products
9 Market Growth Enablers
9.1 Increase In Virtual Pet Care Services
9.2 Rise In In-House Private Training
9.3 Rise In Number Of Pet Competitions
10 Market Restraints
10.1 Training Videos Available To Train Pets
10.2 Improper Techniques Used In Training
10.3 Rise In Housetraining By Pet Owners
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.2.1 Market By Region
11.3 Five Forces Analysis
11.3.1 Threat of New Entrants
11.3.2 Bargaining Power of Suppliers
11.3.3 Bargaining Power of Buyers
11.3.4 Threat of Substitutes
11.3.5 Competitive Rivalry
12 Pet Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.2.1 Market By Pet Type
12.3 Dogs
12.3.1 Market Size & Forecast
12.3.2 Training Levels
12.3.3 Market By Region
12.4 Cats
12.4.1 Market Size & Forecast
12.4.2 Market by Region
12.5 Horses
12.5.1 Market Size & Forecast
12.5.2 Market By Region
12.6 Others
12.6.1 Market Size & Forecast
12.6.2 Market by Region
13 Purpose
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.2.1 Market by Purpose
13.3 Standard Pet
13.3.1 Market Size & Forecast
13.3.2 Market By Region
13.4 Service Pet
13.4.1 Market Size & Forecast
13.4.2 Market By Region
13.5 Specific Purpose Pet
13.5.1 Market Size & Forecast
13.5.2 Market By Region
14 Branch
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.2.1 Market By Branch
14.3 Single Branch
14.3.1 Market Size & Forecast
14.3.2 Market by Region
14.4 Multiple Branches
14.4.1 Market Size & Forecast
14.4.2 Market By Region
15 Region
15.1 Market Snapshot & Growth Engine
15.2 Overview
16 Northeast
16.1 Market Overview
16.2 Market Size & Forecast
16.3 Pet Type
Market Size & Forecast 112
16.4 Purpose
16.4.1 Market Size & Forecast
16.5 Branches
16.5.1 Market Size & Forecast
17 Midwest
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Pet Type
17.3.1 Market Size & Forecast
17.4 Purpose
17.4.1 Market Size & Forecast
17.5 Branches
17.5.1 Market Size & Forecast
18 West
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Pet Type
18.3.1 Market Size & Forecast
18.4 Purpose
18.4.1 Market Size & Forecast
18.5 Branches
18.5.1 Market Size & Forecast
19 South
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Pet Type
19.3.1 Market Size & Forecast
19.4 Purpose
19.4.1 Market Size & Forecast
19.5 Branches
19.5.1 Market Size & Forecast
20 Competitive Landscape
20.1 Competition Overview
21 Key Company Profiles
22 Other Prominent Vendors
23 Report Summary
24 Quantitative Summary
25 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/1agjte