Grooming Goldmine: Pet Grooming Market Set to Exceed US$ 37 Billion by 2033 | Future Market Insights, Inc.

According to industry forecasts, the worldwide Pet Grooming Market is anticipated to achieve a value of US$ 14932.7 million by 2023 and is projected to expand to US$ 37462.6 million by 2033. The sector is expected to grow at a consistent compound annual growth rate (CAGR) of 9.6%.

Mobile grooming services have become increasingly popular in recent years, offering convenience and flexibility for pet owners needing more time to take their pets to a grooming salon. Mobile groomers come to the pet owner's home or office, providing a personalized and stress-free grooming experience.

The Honest Kitchen, a pet food and supplies company, is a company that has capitalized on the trend towards natural and organic pet grooming products. The company's grooming line includes natural shampoos, combs & brushes, conditioners, and sprays made with human-grade ingredients such as coconut oil, aloe vera, and chamomile. The company's commitment to natural and organic ingredients has helped it build a loyal following among pet owners who prioritize quality and safety.

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Technology is increasingly being integrated into pet grooming accessories, with innovations such as automated grooming brushes, high-tech tables, and digital pet grooming tools. These products are designed to make grooming easier and more efficient and can help pet owners achieve professional-level results at home.

Furminator, a popular pet grooming brand, is an example of a company that has integrated technology into its grooming products. For example, the company's de-shedding tool uses advanced technology to remove loose hair from pets, reducing shedding by up to 90%. The tool uses a stainless-steel edge that reaches deep beneath a pet's topcoat to remove loose hair and is designed to be gentle on a pet's skin. As a result, the tool has become a favorite among pet owners who want to reduce shedding and keep their homes clean.

Consumer preferences in the pet grooming market can be unpredictable and change rapidly in response to evolving trends or new product innovations. Therefore, companies must be agile and adapt quickly to changing consumer preferences to remain competitive.

Key Takeaways

Mobile grooming services are becoming more popular, offering convenience and personalized service to busy pet owners.
The Indian market held a 9.6% market share in 2022.
Technology is being integrated into grooming products, with high-tech pet grooming tools and automated grooming solutions gaining popularity.
Cost can be a barrier to entry, particularly for pet owners seeking professional grooming services or premium accessories.
There is a growing focus on sustainability in the pet grooming market, with companies seeking eco-friendly packaging and production methods.

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Competitive Landscape

The pet grooming market is highly competitive, with a mix of small and large players operating in the space. Established players include companies such as PetSmart, Petco, and Chewy, which offer grooming services and accessories. In addition, there are a large number of independent grooming salons and mobile grooming services that operate locally.

The startup ecosystem in the pet grooming market is also active, with several companies focused on developing innovative pet grooming accessories and services. Many of these startups are leveraging technology to create new and innovative solutions, such as automated pet grooming tools, pet wellness tracking devices, and online booking platforms for grooming services.

Some key innovation areas in the pet grooming market startup ecosystem include natural and organic grooming products, high-tech pet grooming tools and personalized grooming services. In addition, startups are also developing solutions to address safety concerns in the industry, such as ergonomic pet grooming tools and safety training programs for groomers.

Key Segments

Product Type:

Conditioners & Shampoos
Combs & Brushes
Shear & Trimming Tools

Pet Type:

Dogs
Cats
Birds
Fish & Reptiles
Small Pets
Horses & Other Livestock

Price Range:

Economy/ Mid-Range
Premium

Sales Channel:

Modern Trade
Convenience Stores
Care Service Centers
Online Retail
Support Care Centers
Pet Specialty Stores

Region:

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excluding China & Japan
Japan
China
Middle East & Africa

Read Related Reports:

Pet Care Market - https://www.futuremarketinsights.com/reports/global-pet-care-market

Smart Pet Collar Market - https://www.futuremarketinsights.com/reports/smart-pet-collar-market

Pet Beds Market - https://www.futuremarketinsights.com/reports/pet-beds-market

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.