Pet Grooming Market: Heading Toward a US$ 37462.6 Million Valuation by 2033, Fueled by a Promising 9.6% CAGR Growth for Manufacturers

Pet Grooming Market
Pet Grooming Market

The pet grooming market is anticipated to be valued at US$ 14,932.7 million by 2023, with projections indicating a potential surge to US$ 37,462.6 million by 2033, as estimated by FMI. Manufacturers stand to benefit from the increasing purchasing power of consumers, with expectations of an impressive Compound Annual Growth Rate (CAGR) of 9.6% through 2033. This forecast highlights the growing importance placed on pet care and grooming services, driven by a burgeoning pet ownership culture and heightened awareness of pet health and well-being. Stakeholders are well-positioned to capitalize on these trends and tap into the expanding pet grooming market.

The Honest Kitchen, a leader in human-grade pet food and supplies, recognizes the growing demand for convenient and high-quality pet care. This press release highlights two trends shaping the pet care landscape:

  • Mobile Grooming on the Rise: Busy pet owners are increasingly turning to mobile grooming services for their furry companions. This convenient option provides a stress-free grooming experience in the comfort of the pet’s own home or office.

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  • Natural Pet Care Takes Center Stage: Pet owners are prioritizing natural and organic ingredients in their pet’s grooming products. The Honest Kitchen addresses this need with its line of natural shampoos, conditioners, combs & brushes, and sprays.

The Honest Kitchen Advantage:

  • Convenience Meets Care: The company acknowledges the value of mobile grooming services and supports pet owners seeking a stress-free and convenient grooming experience for their pets.
  • Natural Goodness from Head to Paw: The Honest Kitchen’s commitment to natural ingredients extends to its grooming line, featuring human-grade ingredients like coconut oil, aloe vera, and chamomile, ensuring the safety and well-being of furry friends.
  • Building Trust with Transparency: The Honest Kitchen’s dedication to transparency in its ingredients list fosters trust and empowers pet owners to make informed choices for their pets’ health.

Technology is increasingly being integrated into pet grooming accessories, with innovations such as automated grooming brushes, high-tech tables, and digital pet grooming tools. These products are designed to make grooming easier and more efficient and can help pet owners achieve professional-level results at home.

Furminator, a popular pet grooming brand, is an example of a company that has integrated technology into its grooming products. For example, the company’s de-shedding tool uses advanced technology to remove loose hair from pets, reducing shedding by up to 90%. The tool uses a stainless-steel edge that reaches deep beneath a pet’s topcoat to remove loose hair and is designed to be gentle on a pet’s skin. As a result, the tool has become a favorite among pet owners who want to reduce shedding and keep their homes clean.

Consumer preferences in the pet grooming market can be unpredictable and change rapidly in response to evolving trends or new product innovations. Therefore, companies must be agile and adapt quickly to changing consumer preferences to remain competitive.

Key Takeaways

  • Mobile grooming services are becoming more popular, offering convenience and personalized service to busy pet owners.
  • The Indian market held a 9.6% market share in 2022.
  • Technology is being integrated into grooming products, with high-tech pet grooming tools and automated grooming solutions gaining popularity.
  • Cost can be a barrier to entry, particularly for pet owners seeking professional grooming services or premium accessories.
  • There is a growing focus on sustainability in the pet grooming market, with companies seeking eco-friendly packaging and production methods.

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Competitive Landscape

The pet grooming market is highly competitive, with a mix of small and large players operating in the space. Established players include companies such as PetSmart, Petco, and Chewy, which offer grooming services and accessories. In addition, there are a large number of independent grooming salons and mobile grooming services that operate locally.

The startup ecosystem in the pet grooming market is also active, with several companies focused on developing innovative pet grooming accessories and services. Many of these startups are leveraging technology to create new and innovative solutions, such as automated pet grooming tools, pet wellness tracking devices, and online booking platforms for grooming services.

Some key innovation areas in the pet grooming market startup ecosystem include natural and organic grooming products, high-tech pet grooming tools and personalized grooming services. In addition, startups are also developing solutions to address safety concerns in the industry, such as ergonomic pet grooming tools and safety training programs for groomers.

Key Segments

Product Type:

  • Conditioners & Shampoos
  • Combs & Brushes
  • Shear & Trimming Tools

Pet Type:

  • Dogs
  • Cats
  • Birds
  • Fish & Reptiles
  • Small Pets
  • Horses & Other Livestock

Price Range:

  • Economy/ Mid-Range
  • Premium

Sales Channel:

  • Modern Trade
  • Convenience Stores
  • Care Service Centers
  • Online Retail
  • Support Care Centers
  • Pet Specialty Stores

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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