Global Pet Grooming Market is projected to grow at a CAGR 4.76%
Knowledge Sourcing Intelligence announces the publication of a new report on “Global Pet Grooming Market – Forecasts from 2020 To 2025” to their offering.
The proliferation of mobile pet groomers, the development of premium pet products, increased adoption of pets, and anthropomorphism aka pet humanization are the factors that expected to drive the Global Pet Grooming Market.
According to the report, the Global Pet Grooming Market is expected to reach US$22.589 billion by 2025, from US$17.092 billion in 2019.
The factors that are influencing the growth of the Global Pet Grooming Market
The prevalent concern about pet health and wellbeing, which is currently being augmented by the concept of pet humanization, consequently leading to an increase in spending on a variety of pet products and diverse pet grooming services by a new breed of pet parents, are collectively expected to drive a meteoric growth of the global pet grooming market during the forecast period. A major share of the pet grooming market is expected to be occupied by the pet grooming services which include bathing, brushing, nail clipping, among others that enable the pet parents to ensure pristine health and appearance of their beloved animal companion. Further, in certain countries, initiatives taken by the government towards propagating training pertaining to pet grooming are also poised to impact the growth of this market positively.
Additionally, the emergence of pet-friendly hotels, for example, Kimpton Hotel Monaco Seattle USA; Fairmont San Francisco, USA; NIZUC, Mexico; Eden Roc Cap Cana, Dominican Republic; Coworth Park, UK; Le Bristol, Paris, France; The Hoxton, Amsterdam, Netherlands; Belmond Reid's Palace, Madeira, Portugal, to name a few, are a few of the premium establishments who are walking that extra mile to offer services to the pets who are accompanied by their esteemed guests that are inclusive of but not limited to pet beds, revitalizing grooming sessions, necessitating the application of some top of the line pet products. Additionally, the emergence of mobile pet groomers is also expected to drive the pet grooming market to a new echelon because along with the services they also offer the convenience of receiving pet grooming services at a time and place convenient to the pet parents. This is exemplified by the launch of a first of a kind mobile app called Groomit, in May 2018. It is essentially a platform that connects groomers with pet owners, extending top-notch on-demand pet grooming services at an affordable price which are provided in the comfort and convenience of one’s home. Thus, these services along with the regular residential application segment necessitate the use of pet products Viz. brush, comb, conditioner, shampoo, shear, trimming tools, among others that are further anticipated to augment the global pet grooming market growth during the forecast period.
Various developments in the Global Pet Grooming Market are as follows:
Product Launch– In June, a leading pet product company called HEMPVET that engages in the development of products that are derived from the hemp-derived cannabinoid announced its launch of HempVet Flea & Tick Repellent. This product is reportedly suitable to cats and dogs of all sizes and it is not only intended to relieve irritation and inflammation caused by tick bites but also acts as a natural protection for the pets against parasites like fleas, lice, mites, mosquito, ticks, etc. This unique formulation contains ingredients that are derived naturally, which include natural oils from the Amazon forest, essential fatty acids that aid in moisturization and nourishment as well as hemp seed oil to provide the healing effect.
Product Launch– Again in June, a UK based Company of Animals in partnership with The Arm & Hammer oral care range, which provides the owners the means to take care of there beloved pets gums and teeth with ease with products that cater to the specific need of individual dogs had reportedly announced the launch of a range of dental hygiene products for dogs. The new range called the Fresh Spectrum reportedly comprises products intended for dogs and puppies, to incentivize the pet parent to introducing dental care and brushing when they are still young and adaptable. The products consist of a mouth spray that can be easily used and Dental Water Additive that can be added to drinking water, further both the puppy and adult ranges include a new 360° toothbrush.
The major players covered as part of the report are among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-pet-grooming-market
This report segmented the Global Pet Grooming Market on the basis following terms:
By Product Type
- Shampoo & Conditioners
- Brushes & Combs
- Clippers & Scissors
By Distribution Channel
- South America
- United Kingdom
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America
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