The global pet grooming services market is anticipated to rise at a compound annual growth rate (CAGR) of 7.2%, from a value of US$ 3.3 billion in 2024 to US$ 6.7 billion by the end of 2034, according to the most recent market research analysis published by Fact.MR.
Pets are now considered members of the family by many. Pet owners want the best for their furry pals, just as much as they desire for themselves. Moreover, the number of people owning pets has been rising steadily throughout the world, especially in urban areas. Therefore, as the number of dogs increases, there is a growing need for various grooming services in order to maintain canines clean, well-groomed, and healthy.
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The global pet ownership rate is rising.
Research has shown that having a pet can help prevent blood pressure and depression, enhance the social lives of pet owners, and strengthen immunity. It is projected that this will result in a rise in pet ownership around the globe. As a result, more people worldwide are prepared to spend money on pet grooming supplies.
Regional Analysis
The rise in demand for pet grooming services in North America can be related to the diversity of pet owners. By the end of 2034, the North American market is predicted to account for 24.3% of global sales. It is projected that the growing number of pet owners and their capacity to pay for grooming services would create opportunities for local vendors.
The US is predicted to have 45.6% of the North American market by the end of 2034. A large number of people own pets in the United States. They are paying for grooming services in order to guarantee that their pets receive the best care possible. This factor is expected to increase demand for pet grooming services in the United States.
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Major participants in the pet grooming services market include Green Dog Spa, Dogtopia Enterprises, D Pet Hotels, Helga’s Pet Grooming Plus, Pooch Dog SPA, Petsfolio, Pets At Home, Inc., Pawcasso Grooming, Train Walk Poop, Preppy Pet, Waggly Tails, and Taki Pet Sitter.
Market Segmentations
By Service Type : Hair Cutting, Ear Cleaning, Bathing & Brushing, Nail Trimming, Others
By Pet Type : Dogs, Cats
By Region : North America, Europe, East Asia, Latin America, Middle East & Africa, South Asia & Oceania
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Competetive Analysis
The worldwide pet grooming industry is competitive due to the abundance of service providers. Through a series of initiatives, they are growing both their customer base and their presence.
Recent News
In January 2022, Pet Supplies Plus purchased Wag N’ Wash. First, there’s a store that offers food, natural pet supplies, and additional services. The purpose of this agreement is to assist Pet Supplies Plus in growing its customer base and service area across the country.