Pet Grooming Products Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Pet Grooming Products Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

The Pet Grooming Products market was valued at USD 1.2 billion in 2023 and is expected to grow at a CAGR of 6.7% during the forecast period. The rise in pet ownership, particularly among millennials and younger generations, is driving demand for grooming products. With more households owning pets, pet owners are increasingly treating their animals as family members, seeking high-quality grooming solutions to ensure their well-being. Urban living, characterized by smaller spaces, has also led to a preference for manageable pets that require regular grooming, further fueling demand for grooming products.

Higher disposable incomes are another key factor driving the market, as pet owners are more willing to spend on premium grooming products. The growing trend of professional pet grooming services is also contributing to the demand for high-quality grooming tools, as salons look for reliable and effective products to cater to their customers.

The overall Pet Grooming Products Industry is categorized based on Type, Pet, Price Range, End Use, Distribution Channel, Region.

The market is segmented by product type into combs and brushes, trimmers, clippers, shampoo and conditioners, and others. Among these, the shampoo and conditioners segment dominates, with a revenue of USD 0.47 billion in 2023 and an anticipated CAGR of 7.3% over the coming years. Consumers are increasingly looking for grooming products with natural and organic ingredients, such as aloe vera and herbal extracts, which promote healthy fur and provide gentle cleaning. As environmental concerns rise, brands are also adopting sustainable practices, including eco-friendly packaging and biodegradable ingredients, to cater to this growing demand.

The market is further segmented by pet type into dogs, cats, and others. The dog segment holds the largest share, accounting for about 50% of the total market, with a projected CAGR of 7.3% during the forecast period. The increasing humanization of pets, particularly dogs, is driving demand for high-quality grooming products that meet their specific needs.

North America is the largest market for pet grooming products, accounting for around 39.6% of the total market in 2023, and is expected to grow at a CAGR of 7.1% during the forecast period. The region has seen significant growth in pet ownership, leading to higher demand for grooming products, especially those that are premium and natural. Continuous innovations in the sector, including products for sensitive skin and specialized grooming tools, are further fueling the market's growth.