Global Pet Grooming Market Growth attributed to Growing Nuclear Families

Inkwood Research predicts that the Global Pet Grooming Market is evaluated to register a CAGR of 4.47% in terms of revenue during the forecasted period of 2021-2028.

"Browse 46 Market Data Tables and 46 Figures spread over 175 Pages, along with an in-depth TOC on the Global Pet Grooming Market Forecast 2021-2028."

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Pet grooming is an essential part of animal care. Also, regular pet grooming will help build and sustain healthy relationships with pets and practice gentle leadership skills. At the same time, it can help the pet owners notice changes or conditions in their pets that are not obvious otherwise.

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Rising Nuclear Families propel Market Growth

Nuclear families are on the rise globally. As a result, there is increased pet ownership. Also, there is a growing tendency to treat pets like family. For instance, 25% have dogs in China, and 10% have cats as companion animals. This is because there is enough evidence that suggests an association with pets helps build community & bonding, and is beneficial to human health.

Subsequently, animals are increasingly included in family events and given due importance. This is particularly seen in single-parent families where a pet can be an essential companion to children. Besides, children that spend time with pets have increased levels of empathy and self-esteem. Moreover, caring for pets and spending more time with pets can decrease overall stress levels.
Furthermore, the inclination toward pets and the resultant pet humanization have increased pet owners' health and safety concerns. Additionally, pet owners are willing to spend more on their pets. Such factors drive market growth.

Largest Distribution Channel: Supermarkets & Hypermarkets

Supermarkets & Hypermarkets are one of the key distribution channels for pet grooming products. During pandemic-induced lockdowns, pets were groomed at homes. The total pet grooming sales surged and have continued post the pandemic.
However, the purchase of online products is less reliable. Therefore, traditional pet owners rely on supermarkets for buying options. In addition, hypermarkets and supermarkets offer vets, trainers, and groomers, along with products, which is attributed to their increasing popularity in the pet grooming industry.

Largest Revenue-Generating Region: North America

The increasing awareness of pet foods and the surging pet humanization influence consumer purchasing decisions. Also, pet ownership has risen in the region. Also, the growing online retail channels contribute to market growth. In addition, the pandemic enabled more time and bonds between pets and owners. As a result, the owners are more inclined to spend on premium products. Such factors, along with the increasing pet health concerns, offer market growth opportunities.
The competitive rivalry is high, with market leaders and new entrants entering the market. Some of the prominent firms in the market include Hartz Mountain Corp, Earthbath Corp, Chelsea Dogs, Beaphar Ltd, Johnsons Veterinary Products Ltd, etc.

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