Pet Grooming Services Market Size, Share, And Growth Rate Analysis 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s pet grooming services market report forecasts the pet grooming services market size to grow to $9.83 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.
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Pet Grooming Services Market Size Forecast
The global pet grooming services market is expected to grow from $6.90 billion in 2022 to $7.45 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pet grooming services market size is expected to grow to $9.83 billion in 2027 at a CAGR of 7.2%.
North America held the largest pet grooming services market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Pet Grooming Services Market Driver – Increase In Pet Expenditure
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.
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Key Pet Grooming Services Market Trend – Technological Advancement
Major companies operating in the pet grooming services market are concentrating on creating new technology solutions. For instance, in December 2021, DogCare Inc., a US-based company operating in pet grooming services, launched the world’s first smart pet clipper for quick home grooming, the DogCare Pet Clipper. The dog care pet clipper gives pet owners the ability to undertake professional-calibre grooming in the convenience of their own homes because of its robust performance and reliable design. It provides three settings for home grooming that are suitable for both beginners and experts: quiet mode for thin hair and sensitive regions, turbo mode for thick hair and dense areas, and smart mode.
Pet Grooming Services Market Segment
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
Pet Grooming Services Market Major Players and Strategies
Major players in the pet grooming services market are Petsfolio, PetSmart LLC, The Pooch Mobile, Muddy Paws, Chewy Inc., Hollywood Mobile Grooming, Aussie Pet Mobile, Pet Palace, Pet Valu Canada Inc., Paradise 4 Paws, Dogtopia Enterprises LLC, Pet Palace Resort, PetBacker, DoggyMan H. A. Co. Ltd., and Anvis Inc.
In February 2022, Pet Supplies Plus, a US-based retailer of pet supplies that sells food, clothes, and accessories, acquired Wag N’ Wash for an undisclosed amount. With this acquisition, the combined businesses provide their owners with better resources to serve their communities and pets, including best-in-class fulfilment and assortment through a shared supply chain, back-office functionality and technology, pricing, and cost assistance, among other things. Wag N’ Wash is a US-based company operating in pet grooming services.
The Pet Grooming Services Global Market Report 2023 covers regional data on pet grooming services market size, pet grooming services market trends and drivers, opportunities, strategies, and pet grooming services market competitor analysis. The countries covered in the pet grooming services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Pet grooming services are establishments where animals are groomed and washed, including the ancillary sale of products related to this service. Services for pet grooming can reveal several symptoms of illness or injury in animals and assist in avoiding several health problems.
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