Wilmington, Delaware, United States, July 21, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global pet grooming products industry will be worth US$ 100.6 billion by 2022, according to TMR. By 2031, the market is expected to grow to a CAGR of 5.6%. According to forecasts, the global photodiode sensor market will reach US $ 161.9 billion.
Dogs and other pets need regular grooming to stay healthy and clean. Keeping a pet clean and healthy can be achieved by regular grooming, spotting symptoms and signs of illness and injury, and avoiding specific health problems.
Pet grooming has become a trend on social media as pet grooming influencers show how they groom their animals and describe the grooming products they use. Demand for grooming products has also increased due to the growth of professional pet grooming services, thus reducing the need for pet owners to purchase grooming products. at home.
A survey by the Industriverband Heimtierbedarf (IVH) eV found that the German cat population will increase by 1 million to 16.7 million by the year 2021. This has stimulated demand for pet products and services, resulting in significant growth in the care industry of pets.
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Market Snapshot:
Report Scope | Details | |
Market Income | US$ 100.6 Bn | |
Estimated Value | US$ 161.9 Bn | |
Growth Rate – CAGR | 5.6% | |
Forecast Period | 2023-2031 | |
Number of Pages | 150 pages | |
Market Segmentation | By Type, Pet Type, Life Stage, Pricing, End-user, Distribution Channel | |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, South America | |
Covered Companies | Pet Spas and Suites, Planet Dog, The Pooch Mobile, PetSmart Inc., Petsfolio, Aussie Pet Mobile, Snobby Dogs Grooming Parlor Limited, Trimpets Dog Grooming, Dogwood, Groomers Limited |
Major Discoveries of The Market Report
- According to industry analysts, the shampoo has the ability to kill germs, prevent diseases, maintain hygiene, and provide fragrance to dogs.
- The number of dogs adopted worldwide is expected to increase, which is expected to increase the demand for pet grooming products.
- The increasing number of hypermarkets and supermarkets, along with the presence of various brands of specialty products in the market, will result in a growth in demand for pet grooming products.
- Pet grooming products are expected to gain traction among individual end users.
- Online channels offer easy access and convenience, which boosts pet grooming product sales in the market.
Global Pet Grooming Products: Growth Drivers
- Pet health and welfare is becoming popular with the general public, creating a positive market outlook. As a result, the growth of the market is stimulated by the expansion of humanization of pets.
- With nuclear families on the rise and pet health spreading, the market for pet grooming products is growing. In addition, pet owners are purchasing eco-friendly, organic, and natural grooming products, showing potential growth. The proliferation of online and on-the-go salons for pets in various regions will increase the demand for pet grooming products.
- Pet health and welfare is becoming increasingly popular with the general public, creating a positive market outlook. Increasing disposable income of pet owners and the concept of pet grooming are driving the global market for pet grooming. Pet food, accessories, and grooming services are becoming more popular among consumers, fueling market growth.
- American Pet Product Association data estimates that 4 percent of dogs attend training classes. Moreover, as the police and military use dogs for their operations, the demand for the product increases.
Get Full Access to this Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=78594 Global Pet Grooming Products: Regional Landscape Global Pet Grooming Products Market: Key Players Advances in pet grooming products are shaping the overall pet industry. Vendors that improve the repair process are introducing repair tools and devices. Pet owners are working with self-cleaning brushes, robotic grooming devices, and automated bathing systems. Both pets and groomers benefit from these technological advancements in grooming. If you want to Purchase Specific Insights by Segment/Region/Competitor, Request For Customization: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=78594 Global Pet Grooming Products Market: Segmentation type Pet Type stage of life Pricing End-user Distribution Channel By Region About Transparency Market Research Transparency Market Research, a global market research company registered in Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and analysis of trends provides insights into the future for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools and techniques to gather and analyze information. Please contact: Nikhil Sawlani
Several large vendors dominate the global industry, controlling most market shares. Research and development for pet grooming products is an area of significant investment by pet grooming product manufacturers, mainly to offer advanced products to owners of pets.
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