Pune, India, June 19, 2023 (GLOBE NEWSWIRE) — The global pet grooming and accessories market is expected to increase during the forecast period due to increasing importance of pet health and welfare. Fortune Business Insights™ this information is published in a report entitled, “Global Pet Grooming and Accessories Market, 2023-2030″. According to the report, the size of pet grooming and accessories is USD 68.31 billion by 2022. The market size is expected to increase from USD 72.50 billion in 2023 in USD 116.23 billion by 2030 in a CAGR of 6.98% during the expected period.
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List of Key Players Profiled in Pet Grooming and Accessories Market:
- Pet Parents LLC (US)
- Simply Fido (US)
- Groomer’s Choice (US)
- Earthwhile Endeavors (US)
- Petco Animal Supplies, Inc. (USA)
- Canadian Pooch (Canada)
- Moshiqa (US)
- Central Garden and Pet (US)
- Jolly Pets (US)
- The Orvis Company, Inc. (USA)
- Spectrum Brands (US)
- Coastal Pet Products (US)
- Doskocil Manufacturing Company, Inc (Petmate) (US)
- KONG Company (US)
- Radio Systems Corporation (US)
Report Scope and Segmentation:
| Characteristics | Details |
| Forecast Period | 2023-2030 |
| CAGR forecast | 6.98% |
| 2030 Value Projection | USD 116.23 Billion |
| Market Size in 2022 | USD 68.31 Billion |
| Historical Data | 2019-2021 |
| Number of Pages | 214 |
| Report Scope | Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors, and Latest Trends |
| Segment Coverage |
|
| Regions Covered |
|
| Pet Grooming & Accessories Market Growth Drivers | Increase in Number of Pet Adoptions Worldwide Contributes to Market Growth |
| Increase in Online Retailing in Pet Grooming and Accessories Industry Will Drive Market Growth |
Browse a Detailed Research Report Summary using the TOC:
https://www.fortunebusinessinsights.com/pet-grooming-and-accessories-market-107622
Segments:
Pet Accessories to Witness Rapid Adoption Through 2030
By type, the market is segmented into pet accessories, pet grooming/service, and pet apparel. The pet accessories segment is expected to lead due to increasing adoption of pets in developed and developing countries.
Dog Segment to Record Significant Growth during 2023-2030
Based on the type of pet, the market is segmented into dogs, cats, and others. The dog segment is expected to gain traction due to increased spending on various dog accessories, apparel, and dog grooming products.
Mass Segment to Witness Maximum Consumer Demand Until 2030
On the basis of sector, the market is divided into mass and luxury. The mass segment is expected to dominate due to increasing demand among consumers.
Report Scope:
The report focuses on providing factual information about market development and recent trends. Key strategies adopted by major market players such as mergers, partnerships, acquisitions, and alliances are further explained. Also, the drivers and restraints affecting the growth of the market are further highlighted in this report. Furthermore, the impact of the COVID-19 pandemic on the development and expansion of the market. Also, regional information and a list of key market players in the segmented region are provided in this report.
Competitive Landscape:
Key Players Focus on Partnerships to Expand their Business Globally
Major industrial players are focusing on partnering with supporting companies to expand their business globally. Also, designing and manufacturing a new product range enables major players to enhance their product portfolio.
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Drivers:
Increasing Emergence of Smart Accessories to Boost Market Growth
One of the significant factors increasing the demand for the product is the increasing emergence of smart accessories such as connected pet collars, smart feeders, and smart beds. Also, to provide comfort and safety to pets, many industry players are making heavy investments in R&D activities to design smart pet accessories, which is likely to fuel the growth of the market. Meanwhile, the increase in the cost of pet accessory products may hinder the growth of the market.
Regional Perspectives:
North America Has Highest Market Share Due to Increasing Pet Ownership
North America dominates the global pet grooming and accessories segment due to the more significant number of pet owners across the region.
Europe is expected to hold the second highest market share globally during the forecast period. The growth of the regional market is attributed to increasing awareness about pet hygiene.
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Detailed Table of Contents:
- Introduction
- Scope of Research
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Trends
- Key Insights
- Overview of Parent/Related Markets
- Regulatory Review
- Industry SWOT Analysis
- Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- Impact of COVID on the Supply Chain of the Pet Grooming and Accessories Market
- Impact of COVID-19
- Supply Chain Challenges
- Potential Opportunities Due to COVID-19
- Global Pet Grooming and Accessories Market Analysis, Insights and Forecast, 2019-2030
- Key Findings / Summary
- Market Size Estimates and Forecasts, By Type (Value)
- Pet Clothes
- Coats and jackets
- Sweaters and Hoodies
- Shirts and Tops
- Different
- Pet Accessories
- Collars
- Straps
- Things
- Blankets and Mats
- Toys
- Bowls
- Litter Boxes
- Scratchers
- Different
- Pet Grooming / Services
- Repair Products
- Beauty/Spa Treatments
- Pet Clothes
- By Pet Type (Amount)
- By Sector (Value)
- By Region (Value)
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
- Market Size Estimates and Forecasts, By Type (Value)
- Key Findings / Summary
TOC continued…!
Key Industry Developments:
- December 2021: A new line of premium dog grooming tools launched by Wahl Animal, which includes the Medium Slicker Head Brush, Double Sided, and Double Sided Bath Pin Brush.
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