Never Mind the Kids, Were Putting Our Pets in Daycare "Doggy daycare" is a hot trend in the $16 billion pet services market, report finds

With U.S. pet ownership at an all-time high, its not surprising that pet services, from veterinary and grooming to boarding and training, is a booming business, growing to $16.1 billion in 2003. And, according to a new report by market research publisher Packaged Facts titled "Market Trends: The U.S. Market for Pet Care Services," the market will reach $22.2 billion by 2008.

New York, NY (PRWEB) April 19, 2004 --With U.S. pet ownership at an all-time high, its not surprising that pet services, from veterinary and grooming to boarding and training, is a booming business, growing to $16.1 billion in 2003. And, according to a new report by market research publisher Packaged Facts titled "Market Trends: The U.S. Market for Pet Care Services," the market will reach $22.2 billion by 2008.

Perhaps the hottest growth area in the pet services industry is the pet "daycare" boom. Although most daycare still takes place in traditional boarding kennel facilities, across the board this is one of the rising stars of the pet services market. While upscale pet "resorts" and daycare centers seem to be getting most of the publicity surrounding doggy daycare, this is an increasingly popular "add-on" for pet service providers of all stripes, including groomers and veterinarians. Indeed, PETsMART is doubling its number of PETsHOTELS during 2004, and PETCO is launching a PETSHospitality concept.

"With Americans working longer hours, pet daycare is making more sense for people who feel guilty about leaving their pet unattended at home all day, and who find the daily drop-off and pick-up fee a small price to pay for knowing their furry friends are in good hands," said Don Montuori, Acquisitions Editor for Packaged Facts.

"Market Trends: The U.S. Market for Pet Care Services" includes information collected from more than 20 interviews with industry leaders and provides demographic, sales, trend, and future growth predictions through 2008. The report also explores what local and regional service providers are doing to protect their base of loyal customers, and how smaller players are finding success in add-on services as well as innovative niches ranging from luxury spa and mobile grooming to Internet-based training and funeral services.

This new report is priced at $1495 and can be purchased directly from Packaged Facts by clicking http://www.packagedfacts.com/pub/928715.html. It is also available through MarketResearch.com.

About Packaged Facts
Packaged Facts, a division of MarketResearch.com, publishes research reports on a wide range of consumer industries, including consumer goods and retailing, foods and beverages, and demographics. For more information visit www.PackagedFacts.com, or contact Matt Seward at 301-468-3650 x205, or mseward@marketresearch.com.

###