Global Pet Grooming Products Market

Global Pet Grooming Products Market Size, Share, Growth Analysis, By Product Type(Shampoos & Conditioners, Shear & Trimming tools), By Distribution Channel(Supermarkets, Specialty Stores), By Pet Type(Dogs, Cats) - Industry Forecast 2024-2031


Report ID: SQMIG25S2025 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 92 | Figures: 76

Global Pet Grooming Products Market Insights

Pet Grooming Products Market size was valued at USD 5.32 billion in 2019 and is poised to grow from USD 5.69 billion in 2023 to USD 8.73 billion by 2031, growing at a CAGR of 7% in the forecast period (2024-2031).

Rising adoption of pets, increased humanization, and continuous growth in the spending on several pet products such as grooming, food, and other accessories are the major factors driving the growth of the global pet grooming products market. Furthermore, increasing awareness among global population regarding pet health and is another major factor expected to create high demand for pet grooming products over the forecast period.

Moreover, in the last few years, the adoption rate of pet animals among many developed countries has increased significantly coupled with the increased spending on animal’s health. People are viewing them as their family member and are much willing to maintain their good health, as a result, they are more likely to spend their money and time on their pets. For instance, according to WGF GmbH, in 2019, around 47% of overall German households included an animal as a pet. Similarly, according to the American Pet Product Association National Pet Owners Survey, about 70% of United States households own a pet animal, which is around 90.5 million homes.

Shift in consumer preferences towards high-quality products and accessories with a wide range of grooming services for their pets, is also likely to fuel the market growth during the forecast period. In addition, mobile pet grooming services have gained huge popularity around the world with specially designed vehicles for travelling and providing complete range of services at right to their door. These features have eliminated the need to stand in a line for the pet grooming services. All these factors are likely to propel the global pet grooming market over the forecast period.

US Pet Grooming Products Market is poised to grow at a sustainable CAGR for the next forecast year.

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Pet Grooming Products Market size was valued at USD 5.32 billion in 2019 and is poised to grow from USD 5.69 billion in 2023 to USD 8.73 billion by 2031, growing at a CAGR of 7% in the forecast period (2024-2031).

Global pet grooming products market is highly fragmented with the presence of several small and large market players operating all over the world. Major companies of the market are implementing on several business strategies such as new product launches, acquisition & mergers, collaboration, and partnerships for the expansion of their geographical presence and their product portfolio. 'Spectrum Brands Holdings, Inc.', 'Central Garden & Pet Company', 'Beaphar', 'Hartz Mountain Corporation', 'Nestle Purina PetCare Company', 'The Himalaya Drug Company', 'Bob Martin (UK) Ltd.', 'Petco Animal Supplies, Inc.', 'PetAg, Inc.', 'PetEdge, Inc.', 'PetSmart Inc.', 'Petmate Holdings Co.', 'Wahl Clipper Corporation', 'Johnson's Veterinary Products Ltd.', 'Rolf C. Hagen, Inc.', 'Coastal Pet Products, Inc.', 'Cardinal Pet Care', 'Sergeant's Pet Care Products, Inc.', 'Petkin, Inc.', 'Miracle Care Products.'

High rate of adoption and increasing spending of animal health across the globe is expected to drive the global pet grooming products market over the forecast period. Due to the rising disposal income of consumers and their increased purchasing power, they are willing to spend more and more on their companion’s animal health as they considered them as a part of their family. According to a report by American Pet Products Association, the spending on pet grooming products have climbed by over 4.5% between 2019 to 2020.

Rapid increase in pet humanization coupled with growing interest towards treating pet animals as a family member is projected to have a positive impact on the global pet grooming products market. Along with this rapid urbanization and innovation in pet care products is also likely to contribute to the demand in the next few years. For instance, BASF Care Creations, has launched a new and three formulations specifically for the grooming of dogs, by using creamy co-wash for dogs, fresh and dry shampoo mist, and micellar dog shampoo. It has created by aiming premium products requirements to fulfill the demand for companion animal owners.

Globally, North America held the largest global pet grooming products market share in 2021 and is expected to maintain its dominance throughout the forecast period. The huge presence of pet grooming parlours, increase in expenditure on pets, and rising pet ownership are the major factors driving the market growth in the region. According to American Pet Products Association, around 90 million dogs and nearly 94 million cats have been adopted in the United States and total spent on pets was around USD 109.6 billion in 2021. Hence, increased in expenditure and high adoption of companion animals in the region have created lucrative growth opportunities.

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Global Pet Grooming Products Market

Product ID: SQMIG25S2025

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