Pet Care Industry
Our Pet Resort Franchise Is Poised for Growth
Did you know that nearly 70% of U.S. households own a pet, which equates to over 90 million homes (2021 -2022 APPA National Pet Owners Survey)? That’s a lot of pet parents who will at one point or another need accommodations for their pet. Combine those numbers with the eventual return to pre-pandemic behavior, such as working from an office or traveling, and the future is looking exceptionally bright for All American Pet Resorts. The pet care industry was valued at over $230B in 2020 and is projected to be valued at over $350 by 2027 (Global Market Insights).
During the pandemic, the global pet economy saw a spike in adoptions driven by shifts in behavior, such as working from home. Today, 40% of millennials see their pets as their “children” and are spending more to pamper and spoil them. Our pet care franchise is a leader in the premium pet care industry and has redefined how pet parents view dog daycare and boarding.
Here are a few additional stats:
- Our industry is projected to expand at 6.1% CAGR from 2021 to 2027 (Global Market Insights)
- In 2021, pet kennel/boarding expenditures grew by approximately 8.8% to $3.45B (American Pet Products Association)
Now is the time to take the first step toward owning a pet care franchise, so reach out to us today!
$1,371,375* Avg. Annual Revenue
$200,317* Avg. EBITDA
18 Years Franchising
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