According to the American Pet Products Association, pet ownership hit an all-time high in 2020. All of those animals have needs, including daycare, boarding, training, grooming, as well as food and other accessories. With almost 150 million dogs and cats out there, it’s no surprise employment in the pet industry grew by a whopping 90 percent in the 10 years between 2010 and 2020.
These days, pets are much considered part of the family. As such, modern pets tend to receive a higher standard of care and attention, boosting demand for businesses that provide such services.
Most basic pet needs aren’t seasonal, meaning your business can generally be relied upon to produce the same kind of revenue in the summer as it does in winter. This consistency in customer spending eliminates the need to stock up on product at certain times of year, or survive severe drops in cash flow while your business weathers extended down periods.
Last but certainly not least, the pet industry allows animal lovers the chance to work in a field they feel good about: providing positive experiences to all kinds of pets and their parents. Spending your days doing something you have a passion for makes the entire work experience more rewarding, increasing personal gratification and boosting overall happiness.