Pet Grooming Services Market Will Grow at Highest Pace Owing to Rising Pet Adoption Rates
Pet Grooming Services Market Will Grow at Highest Pace Owing to Rising Pet Adoption Rates
Blog Article
The pet grooming services market is a rapidly growing industry owing to the rising number of pet owners and pet adoptions globally. Pet grooming involves bathing, brushing, fur clipping and nail trimming to ensure pets stay clean and healthy. It also helps strengthen the bond between pets and owners. Pet Grooming Services Market Demand for pet grooming has risen as pet owners have become more aware about proper pet hygiene and preventive healthcare. Grooming helps reduce pet allergens, prevents matting and tangling of fur, remove loose hair and keep skin and coat healthy.
Key players operating in the pet grooming services market are Petsfolio, Pets At Home, Inc., PetSmart LLC, Wag Labs, Inc., Pooch Dog SPA, Paradise 4 Paws, PetBacker, Dogtopia Enterprises, Anvis Inc., Pawz & Company, Woof Gang Bakery & Grooming, Pet Paradise, The Barking Lot, Pet Grooming by Pawsitively Posh, and The Dog Spa. The global pet grooming services market is estimated to be valued at US$ 7.10 Bn in 2024 and is expected to exhibit a CAGR of 7.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players: The key players are focusing on expansion strategies and new service offerings to gain more customers. For instance, PetSmart LLC acquired Champion Petfoods in 2021 to expand its product portfolio.
Growing demand: With rising pet ownership, especially in developing nations, the demand for professional pet grooming is growing steadily. Busy lifestyles are also driving more owners to use mobile grooming services or visit grooming salons.
Technological advancements: Players are investing in AI-enabled tools, mobile apps and automated grooming equipment to improve service quality, streamline operations and build customer loyalty. New products help remove pet hair efficiently while minimizing stress on pets.
Market Trends
Mobile grooming vans: More companies are launching mobile Pet Grooming Services Market Size and Trends in vans equipped with all necessary tools and facilities. This service is convenient for pet owners and helps players expand their reach.
Subscription packages: Many salons and online services offer subscription-based grooming packages for regular customers at discounted prices. This ensures a steady customer base.
Market Opportunities
Emerging markets: Countries in Asia, Latin America, Middle East and Africa are seeing a boom in pet ownership, offering huge potential for grooming service providers to enter new regions.
Ancillary services: Players can diversify into pet hotels, daycares, spas etc. to offer a one-stop experience. Upselling toothpaste, shampoos etc. during visits can boost revenues.
Impact of COVID-19 on Pet Grooming Services Market Growth
The COVID-19 pandemic has significantly impacted the growth of the pet grooming services market. Lockdowns and social distancing norms imposed to curb the spread of the virus led to the closure of salons and spas providing pet grooming services. This hampered market growth in 2020. However, with vaccinations underway and easing of restrictions post 2021, the market is witnessing steady recovery. The demand for services is increasing as people are resuming their busy work schedules and preferring professional grooming of pets. While do-it-yourself grooming gained traction during the peak pandemic period, many pet owners now want styling and advanced techniques offered by experts for maintaining pet health and hygiene.
The pandemic has also changed consumer preferences and priorities. People are spending more time with pets and considering them as important family members. This has increased the focus on pet wellness and nutrition. Grooming services play a vital role in the overall pet care routine. To promote safety, salons and spas are following strict hygiene protocols like sanitization, restricted entry, appointment-based services etc. Mobile grooming vans catering at clients' doorsteps are also gaining popularity. Looking ahead, as lifestyles become busier in the post-pandemic world, the demand for professional pet grooming is expected to steadily rise again.
Geographical Regions with Highest Consumption in Pet Grooming Services Market
North America accounts for the largest share of the global pet grooming services market in terms of revenue. The region has seen significant pet humanization over the past decade. According to the 2020-2021 APPA National Pet Owners Survey, around 85 million families in the US own a pet. Maintaining pet health and hygiene is given high importance. Availability of various grooming treatments and advanced equipment at salons further boosts the market in North America.
Fastest Growing Regional Market for Pet Grooming Services
Asia Pacific pet grooming services market offers lucrative opportunities and is projected to witness the highest CAGR during the forecast period. This can be attributed to improving standards of living, growing pet humanization trend coupled with increasing pet population in Asian nations such as India, China, Japan etc.
Get more insights on, Pet Grooming Services Market
About Author:
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.
(LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)