The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The pet grooming services market has experienced robust growth in recent years, driven by increasing pet ownership, rising disposable income, and a growing emphasis on pet care. This blog explores the key factors propelling market expansion, major trends shaping the industry, and significant corporate developments.

Strong Market Growth in Recent Years

Recent Market Expansion

• 2023 Market Size: $7.38 billion
• 2024 Market Size: Projected to reach $7.96 billion
• CAGR: 7.9%

Key Drivers:

• Increased Pet Ownership: More households are adopting pets.
• Humanization of Pets: Pets are seen as family members, leading to higher spending on their care.
• Rising Disposable Income: Higher incomes allow for more spending on pet grooming.
• Social Media Influence: Platforms highlight pet grooming trends and products.
• Busy Lifestyles: Owners seek professional services for convenience.

View More On The Pet Grooming Services Market Report 2024 – https://www.thebusinessresearchcompany.com/report/pet-grooming-services-global-market-report

Future Market Projections

Continued Growth Forecast

• 2028 Market Size: Expected to grow to $10.74 billion
• CAGR: 7.8%

Key Drivers:

• E-commerce Integration: Online platforms make grooming products and services more accessible.
• Globalization: Wider availability of pet grooming products and services.
• Rise in Pet Insurance: Insurance plans often cover grooming, increasing demand.
• Mobile Grooming Services: Convenience of at-home grooming.
• Government Regulations: Standards ensure quality and safety in pet grooming.

Emerging Trends

• Virtual Grooming Consultations: Remote expert advice for at-home grooming.
• DIY Grooming Kits: Kits for owners to groom their pets at home.
• Subscription-Based Services: Regular grooming services delivered through subscription models.
• Human-Grade Ingredients: Premium products with safe, high-quality ingredients.
• AI-Powered Tools: Advanced tools for precision and efficiency in grooming.

Surge in Pet Expenditure

Impact on Market Growth

• Pet Expenditures: Include food, purchases, supplies, medicine, services, and veterinary care.
• Family Status of Pets: Pets are seen as family, leading to increased spending.
• APPA Report (April 2022): The national pet sector reached $123.6 billion in sales in 2021, a 13.6% increase from the previous year.

Key Players:

• Major Companies: Chewy Inc., PetSmart LLC, Petco Animal Supplies Inc., and more.
• Market Segmentation: Services (Bathing, Brushing, Nail Trimming, etc.), Pets (Dogs, Cats, Other), Distribution Channels (Online, Offline), End-Users (Household, Commercial).

Technological Advancements

Innovative Solutions

• DogCare Inc.: Launched the world’s first smart pet clipper in December 2021.
• Features: Quiet mode, turbo mode, and smart mode for various grooming needs.

Corporate Strategies:

• Pet Supplies Plus Acquisition of Wag N’ Wash: February 2022 acquisition to enhance community services and resources.

Regional Insights

Geographic Market Dynamics

• North America: Largest region in 2023.
• Asia-Pacific: Expected to be the fastest-growing region during the forecast period.

Conclusion

The pet grooming services market is poised for significant growth, driven by increased pet expenditure, technological advancements, and evolving consumer preferences. With ongoing innovation and strategic acquisitions, major companies are well-positioned to capitalize on this expanding market. As pet owners continue to prioritize the well-being of their furry companions, the demand for high-quality grooming services is set to soar.

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