Published Date: 14-Jul-2021
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According to a new report Global Pet Grooming Services Market, published by KBV research, The Global Pet Grooming Services Market size is expected to reach $11.2 billion by 2027, rising at a market growth of 7.5% CAGR during the forecast period.
The nail trimming segment is projected to witness the fastest growth rate during the forecast period. Since the nails of pet animals grow quickly, clipping and trimming becoming the most important among all pet grooming services. Pets mostly tear their toenails when they do run, which can result in pain and pressure on their toe joints. Additionally, the long nails of a pet can also make them uncomfortable and thus, they need nail clipping. All such aspects are anticipated to support the growth of this segment during the forecast period.
Based on applications, the commercial sector acquired the largest share in revenue in 2020. It is because professional groomers utilize the most suitable grooming tools like scissors, hairbrushes, and nail clippers, which are safe and gentle for pets. In addition, professionals are also well versed in the anatomy of pets that helps them in detecting the early signs of various infectious diseases. Therefore, shifting the preference of customers for commercial grooming sessions to clean the dirt from pet hairs, elimination of unwanted skin cells, and early identification of medical diseases, are projected to support the growth of the segment during the forecast period.
The Asia Pacific is anticipated to record the highest growth rate during the forecast period. This growth is attributed to the rapid urbanization and rising adoption of pets, especially in emerging nations like China and India. These countries are majorly witnessing a significant shift in consumers’ lifestyles and increasing living standards, due to this, people are highly inclining towards adopting commercial grooming packages for their pets, which is anticipated to accelerate the growth of the market during the forecast period.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of PetSmart, LLC (BC Partners), Muddypaw LLC, Hollywood Grooming, Inc., Petsfolio, Pet Palace Resorts, DoggyMan H. A. Co., Ltd., Pet Valu Canada Inc. (Roark Capital Group), Aussie Pooch Mobile, Aussie Pet Mobile, and ProDiet Pet Foods, Inc.
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