Pet Grooming Services Market to Exceed USD 4.3 Bn by 2031 || Transparency Market Research

Market Overview:

The global Pet Grooming Services Market was valued at USD 2.7 billion in 2022 and is expected to reach USD 4.3 billion by 2031, growing at a CAGR of 5.4%. This growth is attributed to increasing urbanization, changing demographics, and humanization of pets, leading to higher spending on pet care.

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Market Size and Growth:

Rising pet ownership, particularly in developing countries, is driving demand for grooming services. Increasing disposable incomes and changing pet ownership trends, where pets are considered family members, fuel premium grooming options. Advancements in grooming equipment and techniques are enhancing efficiency and service offerings, attracting more pet owners.

Market Segmentation:

By Service Type:

Basic grooming (bath, brush, nail trim) remains the largest segment.
Specialty services like breed-specific cuts, medicated baths, and teeth cleaning are gaining traction.
Mobile grooming services are witnessing increasing popularity due to convenience.

By Sourcing Type:

Pet salons dominate the market, followed by mobile groomers and in-home groomers.
Online booking platforms are facilitating easier access to services.

By Application:

Dogs account for the largest share, followed by cats, and other pets like rabbits and exotic animals.
Breed-specific grooming needs create diverse service demands.

By Industry Vertical:

Standalone pet grooming salons hold the major market share.
Veterinary clinics and pet stores are offering grooming services as an additional revenue stream.

Regional Analysis:

North America and Europe are the leading markets, followed by Asia Pacific and Latin America.

Emerging markets like China and India present significant growth potential due to rising pet ownership and disposable incomes.

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Market Drivers and Challenges:

Drivers:

Increasing pet ownership
Rising disposable incomes
Humanization of pets
Growing awareness of pet health and hygiene
Advancements in grooming technology

Challenges:

Lack of skilled groomers
Competition from unregulated or unlicensed groomers
Fluctuations in pet product and service prices
Increasing regulatory requirements

Market Trends:

Growing demand for mobile grooming services
Increasing popularity of natural and organic grooming products
Personalized grooming services based on breed and individual needs
Integration of online booking and scheduling platforms
Focus on sustainability and eco-friendly practices

Future Outlook:

The pet grooming services market is expected to maintain its positive growth trajectory over the next few years. Increasing pet ownership, rising disposable incomes, and growing awareness of pet health and hygiene will continue to drive demand.

Key Market Study Points:

Identify the target audience for your grooming services.
Research the competition in your area.
Understand the legal and regulatory requirements for operating a pet grooming business.

Develop a marketing plan to attract and retain customers.
Stay up-to-date on the latest trends in the pet grooming industry.

Competitive Landscape:

The pet grooming services market is fragmented, with numerous small and medium-sized businesses. Major players include PetSmart, Banfield Pet Hospitals, Mars Petcare, and The Company Formerly Known as Petco.

Recent Developments:

Increasing investments in mobile grooming startups.
Launch of innovative grooming products and technologies.
Partnerships between pet grooming businesses and other pet care providers.

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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