Global Pet Grooming Services Market Expected to Reach USD 4.3 billion by 2031, at a CAGR of 5.4% - TMR Study
Pet Grooming Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
NEW YORK, NEW YORK, UNITED STATES, October 25, 2023 /EINPresswire.com/ -- The global pet grooming services market size is expected to grow from USD 2.7 billion in 2022 to USD 4.3 billion by 2031, at a CAGR of 5.4%. The market is driven by the increasing humanization of pets, the rising disposable income of pet owners, and the growing awareness of the importance of pet grooming for health and well-being.Pet grooming services have become an integral part of the pet care industry. These services offer professional care and maintenance to pets, helping ensure their health, hygiene, and appearance. They are not only essential for the well-being of pets but also reflect the humanization of pets and the desire for personalized, professional care.
Executive Summary
The global pet grooming services market is experiencing substantial growth, driven by the increasing pet ownership rates, humanization of pets, and the demand for professional grooming services. Pet grooming services encompass a range of activities, including bathing, hair trimming, nail clipping, and styling, designed to maintain the health and appearance of pets.
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Market Drivers
The key drivers of the global pet grooming services market include:
• Increasing humanization of pets: Pet owners are increasingly viewing their pets as members of the family. This trend is driving the demand for pet grooming services, as pet owners want to keep their pets looking and feeling their best.
• Rising disposable income of pet owners: The rising disposable income of pet owners is another key driver of the global pet grooming services market. As pet owners have more money to spend on their pets, they are more likely to invest in grooming services.
• Growing awareness of the importance of pet grooming for health and well-being: There is a growing awareness of the importance of pet grooming for health and well-being. Grooming can help to prevent skin problems, matting, and other health issues. It can also help to reduce shedding and allergens.
Market Trends
Some of the key trends in the global pet grooming services market include:
• Growing demand for mobile grooming services: Mobile grooming services are becoming increasingly popular, as they are convenient and affordable for pet owners.
• Growing demand for specialized grooming services: There is a growing demand for specialized grooming services, such as grooming for specific breeds of dogs and cats.
• Growing demand for natural grooming products: Pet owners are increasingly demanding natural grooming products. This is due to the growing awareness of the potential health risks of some synthetic grooming products.
Competitive Landscape
The global pet grooming services market is fragmented, with a number of small and medium-sized businesses operating in the market. Some of the key players in the market include:
• Anvis, Inc.
• Aussie Pet Mobile
• Doggyman H.A. Co, Ltd.
• Hollywood Grooming, Inc.
• Muddy Paws
• Pawz & Company
• Pet Palace
• PetSmart LLC
• The Pooch Mobile
• Wag Labs, Inc. and more
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Recent Developments:
Here are some recent developments of companies in the global pet grooming services market, with the year for each development: 2023
• Wag Labs, Inc.: Wag Labs, Inc., a leading provider of on-demand dog walking and pet sitting services, announced that it will expand its pet grooming services to new markets.
• PetSmart: PetSmart, a leading pet retailer, announced that it will launch a new mobile pet grooming service in select markets.
• PetBacker: PetBacker, a global pet care marketplace, announced that it has secured $10 million in funding to support its expansion into new markets and the development of new services, including pet grooming.
Recommendations
The following are some recommendations for players in the global pet grooming services market:
• Invest in training and development programs to ensure that there is a sufficient supply of skilled groomers.
• Develop new pricing strategies to make pet grooming services more affordable for consumers.
• Offer a wider range of grooming services, including specialized services for specific breeds of dogs and cats.
• Develop new marketing campaigns to promote the importance of pet grooming for health and well-being.
• Partner with pet retailers and other businesses to offer convenient and affordable pet grooming services.
Attractive Opportunities in the Global Pet Grooming Services Market
• The growth of the e-commerce market: The e-commerce market is growing rapidly, and this presents an opportunity for pet grooming services providers to sell their services online.
• The expansion of pet grooming services to emerging markets: Emerging markets such as China and India are experiencing rapid growth in the pet ownership rate. This presents an opportunity for pet grooming services providers to expand into these markets.
• The development of new pet grooming technologies: New pet grooming technologies are being developed, such as self-service grooming stations and robotic groomers. These technologies have the potential to make pet grooming more convenient and affordable for consumers.
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Market Segmentation
The pet grooming services market can be segmented based on various criteria, including service type, pet type, service location, and region:
• Service Type: Grooming services encompass various activities, including bathing, hair trimming, nail clipping, and spa treatments.
• Pet Type: Services are provided for dogs, cats, and other pets.
• Service Location: Grooming can take place in salons, mobile grooming vans, or the pet owner's home.
• Region: The market spans regions such as North America, Europe, Asia-Pacific, and Latin America.
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