PSI releases 2017-2018 Pet-Sitting Industry Forecast
The association’s report offers detailed insight into the professional pet-sitting industry, examining opportunities for growth and potential challenges for the competitive field in the coming year.
KING, N.C. (January 12, 2017)—Pet Sitters International (PSI) has released its 2017-2018 Pet-Sitting Industry Forecast. Its newly-released report highlights the growth potential for professional pet-care businesses as pet ownership remains high in the United States and abroad and pet spending increases year over year. The report also explores the influx of newcomers in the pet-care sphere and examines how the increased competition will influence industry trends as professional pet sitters seek to remain competitive in the tech-driven “sharing economy.”
PSI anticipates that this growing competition, particularly from “hobbyists” (individuals who may offer pet care, but do not operate legitimate, professional businesses), will influence the way professional pet sitters build and market their businesses in the coming year.
“Those currently in or now entering the professional pet-sitting industry face more competition—from both fellow professionals and hobbyists,” explains Patti J. Moran, author of Pet Sitting for Profit and founder of PSI. “Fortunately, professional pet sitters also have access to more tools and resources than ever before, and PSI believes education is the key to helping them gain a competitive advantage in their local markets.”
For a limited time, PSI is offering the 2017-2018 Pet-Sitting Industry Forecast free of charge on the PSI website.
"The forecast is created as a benefit for our members, but is also shared with the public to educate the pet industry at large, pet owners and prospective pet sitters about the value of professional pet-care services and the industry’s encouraging growth potential.” -PSI President Patti J. Moran
First published in 2012, the forecast utilizes data from PSI’s State of the Industry Survey, current market research, the association’s collective intellectual capital, and knowledge from PSI’s more than 20-year history and nearly 7,000 member businesses.
“As the largest association for professional pet sitters, PSI has a unique opportunity to offer unparalleled insight into this niche industry,” explains Moran. “The forecast is created as a benefit for our members, but is also shared with the public to educate the pet industry at large, pet owners and prospective pet sitters about the value of professional pet-care services and the industry’s encouraging growth potential.”
The 2017-2018 Pet-Sitting Industry Forecast shares proprietary industry data, including the average annual revenue for professional pet sitters. The report also includes demographic information used to develop data-driven profiles for the typical professional pet sitter and typical professional pet-sitting client.
To download the free report, learn more about PSI or find a local PSI pet sitter, visit www.petsit.com.
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About Pet Sitters International
Founded in 1994 by Patti J. Moran, author of Pet Sitting for Profit, Pet Sitters International (PSI) is the world’s largest educational association for professional pet sitters, with member pet-sitting businesses in the United States, Canada and more than 20 other countries. PSI members have access to the widest array of business services and educational resources available in the professional pet-sitting industry. PSI’s Official Pet Sitter Locator is the largest online directory of professional pet sitters, and pet owners can visit petsit.com/locate to find local professional pet sitters.
