Pet Grooming Market to Reach $135 Billion by 2032

Portrait of a happy man with a dog at the vetThe global pet grooming market was valued US $68.3 billion in 2022 and is expected to reach approximately US $135 billion by 2032, growing at a compound annual growth rate (CAGR) of 7% during the forecast period 2023-2032, according to new data from Factview Research.

The Role of Pet Grooming

Pet grooming plays a crucial role in ensuring the well-being and health of animals. Essential grooming tools encompass items such as combs, brushes, bathing shampoos, conditioners, nail clippers, and trimming scissors. Pet groomers are responsible for a range of tasks, including bathing, conditioning, and drying pets, addressing tangles and mats in their fur when necessary, following grooming instructions provided by pet owners or adhering to standard grooming styles, trimming nails, accommodating specific requests from pet owners, cleaning ears, and brushing teeth. Groomers also play an important role in identifying potential health issues in pets, such as ear infections, and promptly informing pet owners of their observations.

The Impact of the Pandemic on Pet Grooming

The COVID-19 pandemic significantly impacted the pet grooming industry. Many pet grooming businesses were forced to temporarily close or reduce their operations due to lockdowns and restrictions in various regions. This necessitated pet owners to seek alternative grooming solutions, including attempting to groom their pets at home. The limited availability of professional grooming services prompted pet owners to invest in home grooming supplies like clippers, brushes, and shampoos, resulting in increased sales for pet supply retailers.

For those grooming businesses that remained operational, stringent safety measures and protocols were implemented to safeguard both staff and customers. These measures included mask mandates, social distancing, and rigorous sanitation practices. Pet owners appreciated the reduced risk of COVID-19 exposure in such controlled environments. The emphasis on health and hygiene in pet grooming businesses extended to regular disinfection of equipment and facilities, along with groomers wearing additional personal protective equipment (PPE) to minimize potential virus transmission.

Pet Grooming Market Drivers and Challenges

The pet grooming market has experienced increased revenue due to growing pet ownership and higher expenditures on pet care products. Manufacturers of pet apparel and accessories have actively pursued new product development to expand their product portfolios. According to data from the American Pet Products Association, pet ownership in U.S. households currently stands at 67%, a slight decrease from an estimated 70% in 2021-2022. Notably, Millennials constitute the largest group of pet owners at 32%, closely followed by Baby Boomers at 27%, and Generation X at 24%. The expansion of middle-income households and the rising trend of humanizing pets have fostered a greater willingness among pet owners to invest in high-quality pet products. This surge in the desire to treat pets as family members and the heightened demand for premium pet care items are driving market growth.

However, the persistent increase in prices for pet accessories like collars, leashes, harnesses, toys, and nail clipping tools poses a challenge to market expansion. Additionally, the rising research and development expenditure in pet grooming and accessories, aimed at product innovation, refined marketing strategies, target audience identification, and other initiatives, contributes to higher product costs.

Pet Grooming Market Segments

In terms of market segments, pet accessories hold a dominant position, primarily due to the growing trend of pet adoption in both developing and developed countries. Contemporary pet owners actively seek visually appealing and durable pet accessories, not only to ensure their pets' safety but also for the well-being of other dogs and individuals encountered during outdoor activities.

North America is the primary contributor to the market and is expected to maintain its dominance in the forecast period. The United States, with a substantial number of pet owners, holds the largest share in this region. For example, according to the National Pet Owners Survey by the American Pet Products Association (APPA), around 70% of U.S. households, or approximately 90.5 million families, owned a pet during the 2021-2022 period.

Top Competitive Strategies

The pet grooming market is characterized by a high level of competitiveness, with numerous participants. Many companies are actively investing in research and development, introducing new products and solutions for pet grooming to establish a solid presence in the competitive landscape. Additionally, some firms engage in strategic partnerships, joint ventures, mergers, and acquisitions to expand their market reach, enhance brand recognition, and diversify their product offerings across different geographical regions.

Where to Learn More

For additional information on this market, be sure to check out the comprehensive new report Global Pet Grooming Market Size, Share & Trends Analysis by Factview Research. This report provides details on the global pet grooming market outlook, segmentation, regional dynamics, competitive intelligence, and company analysis.

About Factview Research

Factview Research is committed to offering thorough and cutting-edge insights to companies in a variety of industries. With hundreds of published market research reports available, Factview Research not only covers big and disruptive technologies, but also the new and niche markets that offer high growth potential.

Topics: Pets Industry Insights