Pune, March 23, 2022 (GLOBE NEWSWIRE) — According to report published by The Brainy Insights, the global pet grooming market is expected to grow from USD 8.73 billion in 2020 to USD 14.00 billion by 2028, with a CAGR of 5.81% during the forecast period 2021-2028.
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The pet grooming market is growing at a steady pace owing to the accessibility of pet groomers who travel frequently and offer pet grooming services as per the convenience of pet owners. Due to the affordability and convenience of mobile grooming facilities, the demand for pet grooming is increasing more and more. Additionally, since mobile groomers offer personalized door-to-door services, consumers are likely to pay a higher price for these facilities to be accessible. The mobile vans used to provide these services serve as an advertising tool, as on the vehicle the groomers place the name and logo, contact details and services offered by their company. With the growing customer base of mobile groomers, the profit margins of the pet grooming industry are expected to increase over the forecast period.
Pet grooming refers to both the hygienic care and cleaning of pets, as well as the methods by which a pet’s physical appearance is enhanced. Grooming pets can help prevent serious health problems, show indicators of infection and show symptoms. Grooming is a vital aspect of an animal’s health and well-being and can improve its quality of life. Regular grooming helps ensure that the animal is comfortable and healthy. Basic pet grooming items include bath shampoos and conditioners, toenail and toenail clippers and scissors, and hair cleaning combs and brushes. Key factors in routine grooming include: the overall cleanliness of the animal, decreasing the risk of various health problems, monitoring the health of the animal by looking for cuts, swellings or changes in temperature, which can all indicate illness and forge a stronger relationship between pet and owner.
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In addition to top-of-the-line facilities, when dogs are considered part of the family, pet owners also provide them with all-natural and organic foods and treats. Rising disposable income of pet owners is also expected to create huge opportunities for the growth of the global pet grooming market. Consumers are also opting for premium products for their pets and a range of pet grooming services, which is further driving the growth of the pet grooming market. Nevertheless, the lack of knowledge and experience in managing several pets, animal breeds and temperaments may limit the growth of the pet grooming market. Although some dogs are highly trained and can do better with grooming, some will refuse, implying that pet grooming requires highly skilled people to do it.
Major players operating in the global pet grooming market include Ancol, Beaphar, Bob Martin, BOSHEL, Earthbath, Ferplast, Hartz Mountain, Johnson’s Veterinary Products, Just for Pets, Oster, Rolf C Hagen, and Rosewood Pet Products among others. The major players are now focusing on implementing strategies such as adoption of new technologies, product innovations, mergers and acquisitions, joint ventures, alliances and partnerships to enhance their market position in the global pet grooming industry.
• For example, in March 2018, Philco Animal Health Inc., a Canadian veterinary products company, was acquired by BioAdaptives, Inc., a US producer of natural health products.
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The conditioner and shampoo segment held the leading market share of around 46.20% and a market value of around 4.03 billion in 2020
The product type segment is divided into hair conditioners and shampoos, scissors and clippers, and combs and brushes. Due to the essential hygiene requirements of pets. These conditioners and shampoos are specially designed for pet care which are used to condition, cleanse and deodorize pet skin and hair. Hence, conditioner and shampoo segment held the major market share of around 46.20% in 2020. Rising demand for safe and healthy products is expected to drive the conditioner and shampoo segment over the forecast period.
Online distribution channel segment dominates the market and valued around USD 6.34 billion in 2020
The distribution channel segment includes online and offline. Due to increasing mobile and internet penetration and growth in e-commerce sector, the offline segment dominated the market and was valued at USD 6.34 billion in 2020.
Regional Segment Analysis of Pet Grooming Market
• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, rest of APAC)
• South America (Brazil and rest of South America)
• Middle East and Africa (UAE, South Africa, Rest of MEA)
Regions analyzed for Pet Grooming market include North America, Europe, South America, Asia-Pacific, Middle East & Africa. Due to the high expenditure on pet care and adoption in the United States, the North America region has emerged as the largest pet grooming market with around 40% share and a market value of 3 .84 billion in 2020. The nation has the highest number of companions in the world. animals. In Canada, about 41% of households own at least one dog and about 38% own at least one cat. The growing adoption of pets in these countries is helping to increase the demand for various pet grooming products. Asia-Pacific is expected to witness considerable growth in the global pet grooming market over the forecast period. This is mainly due to rapid urbanization which has been a major factor driving the adoption of pets by consumers in this region. The main markets contributing to regional growth are Japan and China.
About the report:
The global pet grooming market is analyzed on the basis of value (USD billion). All segments have been analyzed on a global, regional and country basis. The study includes analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to obtain key market insights. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, analysis of distribution and marketing channels.
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About The Brainy Insights:
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