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Dog Training Services Market Is Estimated To Reach $41,001 Million By 2025
Global Dog Training Services Market Report, published by Accurize Market Research, forecast that the global market is expected to reach $41,001 Million by 2025, growing at a CAGR of 9.3 % from 2019 to 2025. In terms of volume, the market was valued 99.2 Million Units in 2018 and is expected to reach 186.2 Million Units by 2025. North America dominated the global dog training services market with a market share of 72% in 2018 and anticipated to hold the major market share until 2025. In terms of growth, Asia-Pacific is anticipated to attain the fastest compound annual growth rate (CAGR) of 11.8% during 2019 – 2025.
Market Introduction and Market Dynamics
The dog training services include various levels of training such as beginners, intermediate, and advanced. Usually, the consumer prefers intermediate training for their dogs depending on their spending. As per our study, the middle-aged women with an annual household income of around $30,000 - $100,000 is more likely to have had prior training and is more willing to pay higher prices for private lessons or group classes. Changing consumer lifestyle has supplemented the growth of dog training services market. In addition, growing consumer awareness towards love and care of animals has also supplemented the market growth. However, a lack of consumer awareness and limited dog training facilities have limited market growth in developing countries. Further, growing disposable income of consumers in developing countries such as China and India will be fueling the market in the coming five to six years.
Market Segmentation and Crisp Analysis
The global dog training services market has been segmented into type and training type. The type segment covers pet dogs and working dogs. The different training type segments are beginner training, intermediate training, and advanced training. In terms of revenue, pet dogs dominated the type segment accounting for the market share of more than 55%, in the year 2018. However, the working dog's segment is anticipated to attain the fastest CAGR during the forecast period 2019 – 2025. In the training type segment, intermediate training segment accounted for the major market share of around 41%, in 2018. The advanced training segment is projected to grow at the fastest CAGR during the forecast period.
Regional Segmentation and Crisp Analysis
The global dog training services market has been segmented by geography into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America covers the U.S., and Rest of North America. Europe covers the UK, Germany, France, and Rest of Europe. China, Japan, India, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, and the Middle East & Africa. In terms of geography, North America dominated the global dog services market accounting for the major market share of 72%, in 2018, and anticipated to dominate the market throughout the forecast period. Europe generated the second-highest revenue followed by Asia-Pacific. Asia-Pacific is projected to grow at the fastest CAGR of 11.8% during 2019 – 2025.
Manufacturers Competitive Analysis
The dog training services market is moderately competitive as the market consists of several small and dominant players who are using economies of scale to gain competition and increase their global market share. The top players are operating in the market are frequently planning to increase their presence in the untapped emerging economies. Major companies operating in the global dog training services market are DoGone Fun, PetSmart Inc., Noble Beast Dog Training, Starmark Academy, Citizen Canine, Bark Busters, PAWS Training Centers, and National K-9, among others.
Scope of the Report
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. Key companies operating in this market and their company profile along with the market share analysis and competitive scenario is also the part of the report. Furthermore, different industries clients’ information has been provided in the report which is very important for the manufacturers. Manufacturers’ data, including revenue, shipment, revenue share, shipment share, and gross profit have been also included, which provide a better understanding of the market competition.
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The Key Opinion Leaders (KOLs) of the respective industry are interviewed and their insights are matched with our findings and database we have and thus we validate our estimates, forecast and provide you the analysis. We put together our effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate our findings. Also, we have top five global knowledge partners such as Bloomberg, S&P Global, and Dow Jones, among others for ultimate data validation, prepared by our research team.
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