As pet ownership continues to rise across the UK, a recent survey conducted by Petplan reveals that Brits are not only embracing the joys of pet parenthood, but also approaching it with a blend of financial savvy and emotional preparedness.
According to the survey of over 2000 UK pet owners, many Brits are adept at managing their finances for their beloved companions. On average, they budget and spend £69 monthly on their pets, with variations based on pet type and region. Rabbit owners, for example, dedicate £82 monthly, while dog owners follow closely behind with £76.
Those in Greater London spend the most on their pet, with an average of £90.89. Interestingly, younger pet owners, particularly Gen Z, tend to allocate more funds, with an average monthly spend of £87. Interestingly, younger pet owners, particularly Gen Z, tend to allocate more funds, with an average monthly spend of £87.
Beyond financial considerations, many pet owners are investing time and effort into understanding their pets’ needs. A significant 58% of respondents researched pet training before bringing their furry friend home. While seasoned pet owners rely on experience, younger generations, particularly Gen Z, demonstrate a hunger for knowledge, with 76% delving into pet training resources.
Navigating pet parenthood isn’t just about financial and training preparations; it’s also about understanding the lifestyle adjustments and emotional commitments involved.
From discussing pet responsibilities with family members to contemplating the impact on personal routines, our survey found that pet owners are considering various factors before bringing pets into their homes. For example, 60% said they discussed their decision to get a pet and accompanying caring responsibilities with family members and/or housemates.
Many people, especially younger generations, sought companionship during lockdowns, leading to an increase in pet ownership. However, as normalcy returns, the challenges of managing pet care alongside more mobile lifestyles have become apparent. This trend is particularly evident among Gen Z, who were the most likely (41%) of any age group to say they wish they’d considered how to manage the costs and care of their pet while they’re away from home, compared to the average (29%).
Despite the challenges, the survey paints a picture of a pet-loving nation, with 86% of respondents feeling adequately prepared for pet ownership. Notably, rabbit owners emerge as the most prepared group, with 91% feeling ready for the journey ahead. Cities like Glasgow and Plymouth shine as the most pet-prepared, with 90% of respondents from these areas expressing confidence in their preparedness.
Petplan’s vet expert, Brian Faulkner, FRCVS, says “preparing for pet parenthood is as essential as it is exciting. It is encouraging to see that British pet parents are taking the necessary steps to ensure they’re ready for the joys and responsibilities of pet ownership.
“From considering budgets to researching pet training, it’s evident that pet parents are committed to providing the best care for their furry companions.
“Amidst this wave of pet preparedness, it’s important to also ensure the wellbeing of our beloved companions through comprehensive pet insurance. Petplan, a trusted provider in this realm, understands these needs.”
In line with the survey results, Petplan has also released a book of “firsts” for puppy and kitten owners – a handy resource and keepsake to capture key pet ownership memories. Readers can download this here.
