The global pet grooming market is expected to reach USD 14.00 billion by 2028, at a CAGR of 5.81% from 2021 to 2028. This growth is mainly driven by an increase in pet ownership and an increase in disposable income among people worldwide.
The report also indicates that the growing awareness of pet hygiene among pet owners is a key factor driving the market. The growing demand for pet grooming services is also driving the market, as pet owners prefer to take their pets to professional grooming services rather than grooming them at home. Technology advancements such as automated grooming machines and computerized pet grooming systems are also expected to drive the market shortly.
The market is segmented into product type, pet type, and geography. In terms of product type, the market is further divided into pet shampoos and conditioners, pet combs and brushes, pet clippers and trimmers, pet colognes and perfumes, pet sprays, pet shavers, and others. The pet type segment is classified into cats, dogs, and other animals.
Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to hold the largest market share of 40% in 2020, due to the region’s high rate of pet ownership. Asia Pacific is also expected to witness strong growth shortly, due to the increasing disposable income and rising awareness of pet hygiene.
The report also profiles key players in the market, such as Mars, Inc., The Procter & Gamble Company, Spectrum Brands, Inc., Andis Company, Wahl Clipper Corporation, Grupo Virbac, Henkel AG & Co. KGaA, The Hartz Mountain Corporation, and Lixit Animal Care Products, Inc.
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