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Pet Grooming Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2021-2027)

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Mohit Joshi
Pet Grooming Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2021-2027)

Introduction

The global pet grooming market is witnessing an unprecedented surge, fueled by a confluence of factors including rising disposable income, growing pet ownership, and heightened awareness about pet health and hygiene. This comprehensive article unravels the intricacies of the pet grooming industry, elucidating market trends, key drivers, and regional insights.


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Driving Forces Behind Market Upliftment

1. Surging Pet Ownership Rates

The escalating prevalence of pet ownership emerges as a primary catalyst driving the growth of the pet grooming market. Globally, approximately 33% of households own pets, with an estimated 471 million pet dogs and 370 million cats. Moreover, the burgeoning popularity of pet birds further contributes to the expanding pet demographic.

2. Increasing Disposable Income

Rising disposable income levels, particularly among affluent households, translate into higher spending on pet care and grooming. In regions such as the United States and Canada, where pet ownership rates are substantial, households exhibit a willingness to invest in premium grooming services and products to ensure the well-being of their beloved companions.

3. Proliferation of Pet Grooming Services

The proliferation of pet grooming salons and the advent of mobile pet grooming services underscore the evolving landscape of the industry. Trending mobile grooming services, characterized by specially equipped vehicles offering doorstep grooming solutions, cater to the convenience-seeking preferences of pet owners, thereby augmenting market growth.


Market Insights and Segment Analysis

1. Dominance of Conditioners & Shampoos

Among various product types, conditioners & shampoos emerge as the cornerstone of the pet grooming market, commanding a considerable market share in 2020. The surge in demand for 2-in-1 shampoo products, offering dual benefits of cleansing and conditioning, amplifies market growth, driven by consumer convenience and efficacy.

2. Dog Segment Reigns Supreme

The dog segment asserts dominance in the pet grooming market, capturing the lion's share of the market in 2020. The exponential rise in dog adoption rates, particularly in regions like North America, underscores the significance of dog grooming services, ranging from basic grooming to specialized treatments catering to breed-specific needs.

3. Online Channel Emerges as a Game-Changer

While traditional retail stores and hypermarkets command a significant market share, the online sales channel emerges as a disruptive force, poised to dominate the market in forthcoming years. The convenience of online shopping, coupled with a plethora of product options and doorstep delivery services, resonates with tech-savvy consumers, thereby propelling online sales growth.


Regional Dynamics: North America Takes the Lead

North America emerges as a pivotal market for the pet grooming industry, generating substantial revenue in 2020. With a burgeoning pet population and a robust infrastructure supporting pet care services, North America remains at the forefront of market innovation and expansion. However, the Asia-Pacific region exhibits the highest growth potential, driven by rising pet ownership rates and evolving consumer preferences.


Explore the Comprehensive Research Overview, Including a Table of Contents, on the Pet Grooming Market


Key Players and Strategic Initiatives

Leading players such as Beaphar, Ferplast S.p.A., Ancol Pet Products Limited, Rolf C. Hagen Inc., and others spearhead innovation and excellence in the pet grooming market. Through strategic mergers, acquisitions, and product diversification, these industry stalwarts cater to evolving consumer needs and reinforce their market presence on a global scale.


Charting a Prosperous Future

In conclusion, the global pet grooming market embarks on a trajectory of robust growth, propelled by an amalgamation of socioeconomic factors and evolving consumer lifestyles. As pet ownership continues to burgeon and pet care evolves into a mainstream industry, stakeholders must embrace innovation, sustainability, and customer-centricity to capitalize on emerging opportunities and foster long-term prosperity.


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