NEW YORK, June 3, 2024 /PRNewswire/ -- The global pet sitting market size is estimated to grow by USD 1.57 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.87% during the forecast period.For comprehensive forecast and historic data on regions, market segments, customer landscape, and companies- Click for the snapshot of this reportTechnavio has announced its latest market research report titled Global Pet Sitting Market 2024-2028Pet Sitting Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 9.87% Market growth 2024-2028 USD 1.57 billion Market structure Fragmented YoY growth 2022-2023 (%) 8.89 Regional analysis North America, Europe, APAC, Middle East and Africa, and South America Performing market contribution North America at 41% Key countries US, Canada, China, Germany, and UK Key companies profiled Bark, Bark Park, Careguide Inc., Dogtopia Enterprises LLC, Fetch Pet Care, Holidog, Katie and Co. Pet Sitting, Mad Paws, Pawland, Pawshake Inc., Pawspace, PetBacker, Petsfolio, PetSmart Inc., Rover Group Inc., Swifto Inc., The Pet Sitting Co., TrustedHousesitters.com, Wag Labs Inc., and Wanderlust Pet Services Pvt Ltd.Market DriverThe pet sitting market's expansion can be attributed to the rising trend of pet humanization. This phenomenon involves treating pets as family members and providing them with human-quality products and services. Pet owners, particularly Millennials and Gen Z, are driving this trend. Pet-sitting service providers benefit from it by catering to the specific needs and desires of pet parents, thereby expanding their customer base and increasing growth opportunities during the forecast period.The pet sitting market is experiencing significant growth with an increasing number of pet owners seeking reliable care solutions for their pets

NEW YORK, May 29, 2024 /PRNewswire/ -- The global pet sitting market size is estimated to grow by USD 1.57 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.87% during the forecast period.For more insights on the forecast market size and historic data (2018 - 2022) - Download Free sample report in minutesTechnavio has announced its latest market research report titled Global Pet Sitting Market 2024-2028Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered Type (Dogs and Cats), Service (Care visits and Drop-in visits), and Geography (North America, Europe, APAC, Middle East and Africa, and South America) Region Covered North America, Europe, APAC, Middle East and Africa, and South America Key companies profiled Bark, Bark Park, Careguide Inc., Dogtopia Enterprises LLC, Fetch Pet Care, Holidog, Katie and Co. Pet Sitting, Mad Paws, Pawland, Pawshake Inc., Pawspace, PetBacker, Petsfolio, PetSmart Inc., Rover Group Inc., Swifto Inc., The Pet Sitting Co., TrustedHousesitters.com, Wag Labs Inc., and Wanderlust Pet Services Pvt Ltd.Key Market Trends Fueling GrowthThe pet sitting market's expansion can be attributed to the rising trend of pet humanization. This phenomenon involves treating pets as family members and providing them with human-quality products and services. Pet owners, particularly Millennials and Gen Z, are driving this trend. Pet-sitting service providers benefit from it by catering to the specific needs and desires of pet parents, thereby expanding their customer base and increasing growth opportunities during the forecast period.The pet sitting market is experiencing significant growth with an increasing number of pet owners seeking reliable care solutions for their pets

Pet sitting subscription service TrustedHousesitters has completed a management buyout with backing from Mayfair Equity Partners. Mayfair will hold a majority stake in the business, and the transaction values the business at more than $100 million.Founded in 2010, the platform matches pet owners with verified sitters and opens up new travel destinations for sitters.TrustedHousesitters said it is present in more than 140 countries and has facilitated 10 million nights of pet sitting.CEO Mathew Prior and the management team plan to accelerate growth as well as invest in product innovation in core markets including Australia, the United Kingdom, the United States and Europe.