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Global Pet Grooming Market Revenue to Index 4.5% CAGR Over the Next 10 Years : Market.us

According to the report, increased demand for products is expected to supplement revenue growth prospects for the global pet grooming market.

New York City, New York, USA - November 17, 2021

The latest report by Market.us expects “The Global Pet Grooming Market: Product Type, End-User, Distribution Channel, Growth Rates and Shares, and Forecast: 2021 — 2031″ to develop at a rapid pace. This market is projected to register a CAGR of 4.5% over the next 10 years. The Global Pet Grooming Market is projected to reach a value of US$ 29,863.37 million in 2031, from a value of around US$ 18,757.88 million in 2021.

The maintenance and upkeep of an animal’s well-being and health are referred to as pet grooming. Shampoos and conditioners for washing, scissors, clippers, trimmers, combs as well as brushes, etc., are among the most basic of pet care supplies. Toothpaste and massage oils are among the other products available. This market may be relatively insignificant in size at the moment, however, it is steadily becoming known as a well-established field owing to the increasing number of pet owners, as well as continual financial aid being channeled towards its further development, particularly over the last decade.

The global pet grooming market is growing at an expeditious rate due to the increasing number of pet parents and their surging disposable incomes. Consumers are increasingly choosing high-quality pet food products that are natural, organic, and eco-friendly as well as high-end accessories, and pet grooming products, including a variety of pet grooming services, thereby fueling market expansion prospects even further. Moreover, mobile pet grooming salons are a convenient option for pet owners with busy schedules as they provide special care and attention to these pets. For instance, Aussi Pet Mobile provides pet grooming facilities for both cats and dogs.

These mobile pet grooming salons save time and are an excellent option for both pet owners and their pets because they are speedier. Furthermore, when compared to brick-and-mortar grooming salons, they are relatively inexpensive. Moreover, mobile groomers will provide doorstep services, and as such, pet owners are willing to pay a greater fee for these services. Grooming vans that are used to provide these services also serve as a form of indirect advertisement. In the near future, the increasing demand for mobile pet services is expected to help boost revenue growth prospects for the pet grooming industry.

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According to the American Pet Products Association’s (APPA’s) 2019-2020 National Pet Owners Survey, there are 106 million pet-owning homes in the United States, however, NielsenIQ Homescan data shows that only 12.3 million of those households purchased pet grooming items in the year 2020. This means that shops and manufacturers have plenty of opportunities to attract new customers.

Over the forecast period, the high cost of high-quality goods is expected to stifle this market’s potential expansion opportunities. In addition, a lack of knowledge about the advantages of pet care products may also limit this target market’s economic growth.

Key industry players of the global pet grooming market are — Ancol Pet Product Limited, Beaphar, Ferplast S.P.A., Johnson’s Veterinary Products Ltd., PetEdge, Rosewood Pet Products, Ryan’s Pet Supplies, The Hartz Mountain Corporation, Wahl Clipper Corporation, Pet Brands Ltd., Just for Pets Ltd., Bob Martin, Petco Animal Supplies Inc., and Groomers Delight, among others.

To browse the full report, please visit https://market.us/report/pet-grooming-market/.

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