Pet grooming & boarding: The stats you need to know

Hey there!

Thinking about turning your love of furry friends into a thriving business? Let's dive into the world of pet grooming and boarding with some stats that'll give you the inside scoop.

Industry snapshot 2024

• Revenue: $14.7 billion

• Annual growth (2019 to 2024): 6.0%

• Profit margin: 11.3%

• Number of businesses: 164,000

• Number of employees: 294,000

What's driving growth?

1. Pet parenthood boom: 23 million households adopted a pet during the pandemic.

2. Travel rebound: More trips = more boarding needs.

3. Return to office: Busy pet parents need daytime care and dog walking.

Services breakdown

• Pet boarding: 38.7% of revenue

• Pet grooming: 35.2% of revenue

• Pet training: 14.9% of revenue

• Other services (walking, end-of-life care, etc.): 11.2% of revenue

Who's buying?

1. Gen X (ages 42-59): Biggest spenders

2. Millennials (ages 27-42): Fastest-growing market

3. Baby Boomers (ages 59-77): Steady customers

Where's the action?

The top 5 states for pet care businesses are:

1. California (10.0% of businesses)

2. Florida (7.5%)

3. Texas (7.1%)

4. New York (5.5%)

5. Illinois (4.2%)

Challenges to watch out for

• Seasonal demand (slower winters)

• Rising operational costs

• Finding skilled workers

Silver linings

• Low start-up costs

• Steady demand (Pets always need care!)

• Opportunity to offer premium services

Quick tips for success

1. Offer a range of services (grooming + boarding = win)

2. Focus on quality and safety

3. Consider mobile or at-home options

4. Build a strong online presence and booking system

Looking ahead

• 2024 to 2029 projected annual growth: 2.0%

• Expected industry revenue by 2029: $16.3 billion

UpFlip has you covered!

As you probably know, we have a number of courses available inside the UpFlip Academy to help you launch your pet biz or any other entrepreneurial endeavor you decide to dive into!

Also, don’t miss our YouTube interview with William Milliken to learn how he translated a digital marketing background into a $200K-a-month dog poop-scooping empire.

Or…maybe you just need a blueprint for starting a business? We have a course for that, too.

Get tails wagging!

Remember, every big business started small. Who knows? Your animal-care experience and insights could make you the next big thing in pet care!

Got questions? Want to share your pet biz experience? Hit reply and let's chat!

To happy pets and your thriving business!
Your friends at UpFlip

P.S. Tell us which industry you’d like us to feature next by replying to this email.