The Pet Day Care and Lodging Market is Expected to Grow Over 8% by 2023
Have you ever dreamed about opening your own pet day care? If so, 2019 might just be the year to turn your dream into a reality. It’s believed that in the next four years, the pet day care and lodging market will experience a compound annual growth rate of more than 8 percent.
The Pet Care and Lodging Industry is Growing
Rising Pet Ownership
Simply put, there are more pets living in America than ever before, and two demographics are largely to thank for that.
- Millennials. Millennials may be starting families later in life, but they’re buying or adopting pets earlier than ever.
- The elderly. Older dogs make great company for elderly men and women who are seeking companionship. As people begin living longer, the number of older dogs being adopted is slowly increasing as well.
Increased Spend on Pets
The days of dogs getting the bare necessities are long over. Today, pet parents really do treat their fur babies like part of the family. From quality food and grooming to 5-star lodging accommodations, pet parents are willing to spend whatever’s necessary for their pup to be happy and safe.
A Change in Thinking
Years ago, pet lodges were seen as cramped spaces that pet parents used as a last resort (when friends and family couldn’t care for their dog). But over the years, lodges themselves and pet parents’ view of them has completely changed.
At Camp Bow Wow, our day care and boarding areas are spacious, fun, and monitored closely by a staff of Counselors. When pups head to bed for the night, each one has his own comfortable “Cabin,” equipped with a comfy cot and blanket.
If you’re interested in learning more about what it takes to join the Camp Bow Wow Pack and invest in a bright future and dog gone good time, dial (870) 600-2713 or request your free executive summary here!