The global pet care market was valued at USD 68.3 billion in 2022 and is expected to reach USD 135 billion by 2032, growing at a compound annual growth rate (CAGR) of 7% during the forecast period 2023-2032. Factview research.
The role of animal care
Pet care plays a crucial role in ensuring the welfare and health of animals. Basic grooming tools include combs, brushes, bath shampoos, conditioners, nail clippers and scissors. Pet groomers are responsible for a variety of tasks, including bathing, conditioning and drying pets, handling tangles and mats in their fur when needed, following pet owners’ grooming instructions or standard grooming styles, trimming nails, and fulfilling pets’ unique requests. pet owners, ear cleaning and brushing. Nurses play an important role in identifying potential health problems in pets, such as ear infections, and promptly informing pet owners of observations.
The impact of the pandemic on animal care
The COVID-19 pandemic has had a significant impact on the pet care industry. Many pet grooming businesses have been forced to temporarily close or reduce their operations due to closures and restrictions in various regions. This has made it necessary for pet owners to look for alternative care solutions, including home care for their pets. The limited availability of professional grooming services has prompted pet owners to invest in home grooming supplies such as clippers, brushes and shampoos, resulting in increased sales at pet supply retailers.
For those nursing businesses that have continued to operate, strict security measures and protocols have been put in place to protect staff and clients. These measures included the use of masks, social distancing and strict hygiene practices. Pet owners appreciated the reduced risk of exposure to COVID-19 in such a controlled environment. The emphasis on health and hygiene at pet grooming businesses has included regularly disinfecting equipment and facilities, and having groomers wear additional personal protective equipment (PPE) to minimize potential virus transmission.
Pet Grooming Market Drivers and Challenges
The pet grooming market has seen increased revenue due to increasing pet ownership and higher spending on pet grooming products. Manufacturers of pet clothing and accessories have been actively pursuing new product development to expand their product portfolio. According to the American Pet Products Association, 67% of US households currently own pets, a slight decrease from the estimated 70% in 2021-2022. Notably, Millennials make up the largest group of pet owners at 32%, followed by Baby Boomers at 27% and Gen X at 24%. The expansion of middle-income households and the growing trend toward humanizing pets has helped pet owners become more willing to invest in high-quality pet products. The rise in treating pets as members of the family and increased demand for premium pet care products are driving the market growth.
However, the sustained increase in the price of pet accessories such as collars, leashes, harnesses, toys and nail clippers is challenging the expansion of the market. In addition, increased research and development spending on pet care and accessories for product innovation, refined marketing strategies, target audience identification and other initiatives will contribute to higher product costs.
Pet Grooming Market Segments
In terms of market segments, pet accessories occupy a dominant position, primarily due to the growing trend of pet adoption in developing and developed countries. Contemporary pet owners actively seek attractive and durable pet accessories, not only for the safety of their pets, but also for the well-being of other dogs and individuals encountered during outdoor activities.
North America is the primary player in the market and is expected to maintain its dominance over the forecast period. The United States has a significant number of pet owners in this region. For example, according to the National Pet Owners Survey by the American Pet Products Association (APPA), about 70% of US households, or about 90.5 million families, owned a pet in 2021-2022.
Best competitive strategies
The pet care market is characterized by a high level of competitiveness, with many players. Many companies are actively investing in research and development, introducing new products and solutions for pet care in order to establish a solid presence in the competitive environment. In addition, some companies enter into strategic partnerships, joint ventures, mergers and acquisitions to expand their market reach, increase brand awareness and diversify their product offerings in different geographic regions.
Where to find out more
Be sure to check out the comprehensive new report for more information on the market Global Pet Grooming Market Size, Share & Trend Analysis by Factview Research. This report provides details on the global Pet Grooming market outlook, segmentation, regional dynamics, competitive intelligence and company analysis.
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