Press release
Pet Grooming Services Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region
The Business Research Company offers in-depth market insights through Pet Grooming Services Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The pet grooming services market size has grown strongly in recent years. It will grow from $7.38 billion in 2023 to $7.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to increased pet ownership, humanization of pets, rising disposable income, social media influence, busy lifestyles.
The pet grooming services market size is expected to see strong growth in the next few years. It will grow to $10.74 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to e-commerce integration, globalization, rise in pet insurance, mobile grooming services, government regulations. Major trends in the forecast period include virtual grooming consultations, DIY grooming kits, subscription-based grooming services, human-grade ingredients, AI-powered grooming tools.
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Market Segmentation:
The pet grooming services market covered in this report is segmented -
1) By Service: Bathing, Brushing, Nail Trimming, Other Services
2) By Pet: Dogs, Cats, Other Pets
3) By Distribution Channel: Online, Offline
4) By End-User: Household, Commercial
Major Driver - Surge In Pet Expenditure Propels Growth Of The Pet Grooming Services Market
The increase in pet expenditure is expected to propel the pet grooming services market going forward. Pet expenditures include pet food, pet purchases, supplies and medicine, pet services, and veterinarian services. People are more open to spending on their pets due to increased education and exposure, and pets are regarded as members of the family and not just guards of home spaces. For instance, in April 2022, according to an article published by the American Pet Products Association (APPA), a US-based trade organization representing the pet products sector's interests, the national pet sector saw its highest-ever sales of $123.6 billion in 2021, an increase of 13.6% from the previous year. Therefore, the increasing pet expenditure is driving the growth of the pet grooming services market.
Competitive Landscape:
Major companies operating in the pet grooming services market report are Chewy Inc., PetSmart LLC, Petco Animal Supplies Inc., Spectrum Brand Holdings Inc., Pets At Home Inc., Pet Valu Inc., Pet Supplies Plus, Independent Pet Partners, Pet Supermarket Inc., Petland Inc., PetEdge Inc., Dogtopia Enterprises, Wag Labs Inc., Rosewood Pet Products Ltd., PetPeople Enterprises LLC, Hagen Inc., Pet Palace Resort, Resco spol. s.r.o., Anvis Inc., Groomer's Choice, Pooch Dog SPA, Leo&Lucky's, EarthWise Pet, The Pooch Mobile, Muddy Paws, Petsfolio, Paradise Paws, PetBacker, Pawz & Company, Flushable Wipes, The Dog House Pet Salon, The Dog Stop, The Groomery by PetSmart, The Pet Station Country Club, The Woof Room, Top Dog Ltd., Zoomin Groomin
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Top Trend - Pet Grooming Industry Innovates With Home Grooming Services For Stress-Free Pet Care
Major companies operating in the pet grooming services market are concentrating on creating new solutions, such as home pet grooming services, to provide high-quality care for pets. Home pet grooming services refer to professional grooming services provided at the pet owner's residence, offering convenience and a stress-free experience for both the pet and the owner. For instance, in December 2023, Petfolk, an India-based pet grooming service provider, launched home pet grooming services to cater to pet lovers within a short time of their requirements. The new service aims to bring professional grooming services directly to pet owners' homes, as it can be accessed through the mobile pet grooming services option and utilizes specially designed vans equipped with cutting-edge technology. Petfolk's team of expert groomers will provide grooming services at the pet owner's doorstep, reaching out to them on eco-friendly bikes.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pet Grooming Services Market Characteristics
3. Pet Grooming Services Market Trends And Strategies
4. Pet Grooming Services Market - Macro Economic Scenario
5. Pet Grooming Services Market Size And Growth
…..
27. Pet Grooming Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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