Pet Grooming Market Size is Expected Reach Revenues of $6 Billion By 2024

The pet grooming market size is expected to reach close to $6 billion by 2024, growing at an impressive CAGR of more than 5% during 2018-2024.

Manufacturers are further tapping the opportunities of expanding their sales by targeting new segments such as life stages of pets, specific breeds, and lifestyle. Premiumization will also be one of the major trends in the global pet grooming products market. Premiumization leads to innovations of new products that are highly influenced by human grooming needs. Dog sunscreens, deodorants, and other cosmetics are becoming increasingly popular among the pet owners.

Arizton's recent market research report considers the present scenario of the pet grooming market and its market dynamics for the period 2018-2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the pet grooming products market. The study profiles and examines leading companies and other prominent companies operating in the pet grooming market.

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Pet Grooming Market - Dynamics

Here are the list of trends and drivers that are impacting the revenues and profitability in the pet grooming market:

Rise of Pet Parenting
Increased Adoption of Shelter Pets
Stable Growth Irrespective of Economic Condition
Growth of Mobile Pet Grooming Services
Rising Demand for Organic, Natural, & Eco-friendly Products
Pet Humanization Driving Sales of Pet Grooming Products

Pet Grooming Market - Segmentation

The global research report includes a detailed segmentation by products, pets, distribution channels, and geography.

o Brushing and combining of dog's and cat's hair or coat forms an important part of pet grooming. The brushes and combs segment constitutes the second-largest for the basic pet grooming market.
o Dogs and cats are the most commonly adopted animals worldwide. The growing popularity of the pet humanization concept, the increasing integration of grooming products in the pet retail market, the growing mobile grooming services, and the rising ownership are increasing the pet grooming products market share in 2018.
o Supermarkets and hypermarkets are the most popular distribution modes of pet products in the market. Grooming products are mainly sold through retail distribution channels such as pet superstores and shops, veterinary clinics, supermarkets and hypermarkets and other stores such as departmental stores, breeders, variety stores, warehouse clubs, pharmacies and drugstore, and kiosks.

Market Segmentation by Products
o Shampoo and Conditioners
o Brushes and Combs
o Hair Clippers and Trimmers
o Wall Clippers and Fliers
o Others
Market Segmentation by Pets
o Cat
o Dogs
o Other Animals
Market Segmentation by Distribution
o Supermarkets &Hypermarkets
o Specialty Stores
o Veterinary Clinics
o Internet Retailing
o Others

Pet Grooming Market - Geography

Millennials accounted for the largest percentage of pet owners at 35%, followed by baby boomers with 32%. Being the largest pet owing group, they seem to replace babies with cats and dogs. They are highly concerned with the well being and health of their pets and are spending a huge amount of money to provide their pets with the best lifestyle. Younger pet owners are more likely to spend more money on their pets. The introduction of innovative pets, rising trend of pet humanization, increasing number of pet ownership, and the rising demand for premium pet care products are primarily driving the pet grooming products market in North America during the forecast period.

Market Segmentation by Geography
o North America
o US
o Canada
o Europe
o France
o Germany
o UK
o Italy
o Russia
o APAC
o China
o Japan
o India
o Australia
o Latin America
o Brazil
o Mexico
o MEA
o South Africa
o Saudi Arabia

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Pet Grooming Market - Vendor Landscape

The global pet grooming product market is fragmented in nature, where the market vendors are competing based on product quality, new products, and competitive pricing. Thus, consumer choices and preferences differ across regions and keep changing over time in response to geographical, demographic, and social trends, economic circumstances, and marketing efforts of competitors. Due to the highly competitive and volatile environment, future market growth mainly depends on the ability to anticipate, gauge, and adapt to the constantly changing market trends and successfully introduce new or improved products in a timely manner.

Key Vendors of Pet Grooming Market
o Spectrum Brand Holdings
o Business Overview
o Major Product Offerings
o Beaphar
o Ferplast SPA
o Johnson Veternary Products
o PetEdge
o Hagen Inc.
o Rosewood Pet Products
o Ryan's Pet Supplies
o The Hartz Mountain Corp.
o Wahl Clipper Corp.
o Cardinal Laboratories
o Ancol Pet Products
o PBI Gordon Corp.
o Davis Manufacturing Veterinary Products
o Earthbath
o SynergyLabs LLC
o Miracle Care
o Pet Brands Inc
o PETCO Animal Suppliers
o Central Garden and Pet Company
o GiebButtercut
o Petmate
o Coastal Pet Products
o Millers Forge
o Chris Christensen System
o Bio-derm Laboratories
o Tropiclean
o All4Pets
o 21st Century Animal Healthcare
o Farouk Systems Inc.
o Burt's Bees
o Conair Corp.
o Ceva Animal Health
o The Company of Animals
o Skout's Honor

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