Press release
Pet Grooming Services Market Forecast: CAGR of 5.4% Drives Market to USD 4.3 Billion by 2031 - Analysis by TMR
The global pet grooming services market, valued at USD 2.7 billion in 2022, is poised for significant expansion in the coming years. With a robust Compound Annual Growth Rate (CAGR) of 5.4% forecasted from 2023 to 2031, the market is expected to reach approximately USD 4.3 billion by the end of 2031. This growth is driven by increasing pet ownership, rising disposable incomes, and growing awareness of pet health and hygiene.Access key findings and insights from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85787
Market Overview
The pet grooming services market encompasses a broad range of services including bathing, hair trimming, nail clipping, and other hygiene and aesthetic treatments tailored for pets. The surge in pet adoption globally and the humanization of pets, where pets are considered family members, are pivotal factors fueling demand. Consumers are increasingly willing to invest in premium grooming services to ensure the well-being and appearance of their pets, contributing to market expansion.
Market Size and Growth
In 2022, the market valuation stood at USD 2.7 billion. Over the forecast period of 2023 to 2031, the market is projected to grow steadily at a CAGR of 5.4%, culminating in an estimated USD 4.3 billion by 2031. This growth trajectory is attributed to evolving consumer lifestyles, urbanization, and the increasing availability of specialized grooming centers that cater to diverse pet breeds and customer preferences.
Market Segmentation
The pet grooming services market can be segmented based on service type, pet type, and service provider. Service types include bathing and cleaning, hair grooming, nail trimming, and others such as dental cleaning and flea treatment. In terms of pet type, dogs dominate the market, followed by cats, while services for other pets like rabbits and exotic animals are gradually gaining traction. The service provider segment includes standalone grooming salons, mobile grooming services, and pet care chains, each catering to different consumer convenience levels and price points.
Regional Analysis
Geographically, North America leads the market, driven by high pet ownership rates, significant disposable incomes, and well-established grooming service infrastructures. Europe follows closely, with increasing pet humanization and stringent animal welfare regulations supporting market growth. The Asia-Pacific region is emerging as a high-growth area due to rising urbanization, growing middle-class populations, and increasing pet adoption in countries such as China, India, and Japan. Latin America and the Middle East & Africa markets remain nascent but are expected to witness steady growth as pet care awareness spreads.
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Market Drivers and Challenges
Key drivers include rising pet adoption, increased awareness regarding pet health and grooming, growth in disposable incomes, and the availability of diverse grooming options including mobile and premium services. Technological advancements such as online booking platforms and personalized grooming packages also contribute positively. However, challenges persist including high costs associated with premium grooming services, lack of standardized training for groomers, and occasional concerns over pet safety during grooming processes, which may hamper market growth.
Market Trends
The pet grooming market is witnessing several notable trends. Mobile grooming services are gaining popularity for their convenience, especially among busy pet owners. Eco-friendly and organic grooming products are becoming preferred due to rising environmental concerns and pet sensitivities. Additionally, there is an increasing trend towards specialized grooming for different pet breeds and the incorporation of wellness services like aromatherapy and massage. Digital integration, such as app-based appointment scheduling and grooming progress tracking, is also transforming the customer experience.
Competitive Landscape
The market is characterized by the presence of both global and regional players competing on service quality, innovation, and customer experience. Prominent companies include Anvis, Inc., Aussie Pet Mobile, Doggyman H.A. Co., Ltd., Hollywood Grooming, Inc., Muddy Paws, The Pooch Mobile, Wag Labs, Inc., Pawz & Company, PetSmart LLC, Pet Palace, Prodiet Pet Foods, Inc., Petvalu, and Chewy. These companies leverage expansive service networks, technological advancements, and strategic partnerships to strengthen their market positions. Consolidation and acquisitions are common strategies to expand service offerings and geographic reach.
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Future Outlook
Looking ahead, the pet grooming services market is set to thrive amid increasing pet ownership and evolving consumer preferences for high-quality, convenient grooming options. Technological innovation and service diversification will remain key growth catalysts. Expansion in emerging markets and the introduction of new grooming techniques and products will further propel market expansion. The focus on sustainability and wellness will shape the market's trajectory in the years to come.
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