The global pet grooming products market was
valued at $3,872 million in 2017
, and is projected to reach at $5,488 million by 2025, growing at a CAGR of 4.5% from 2018 to 2025. In 2017, the U.S. pet grooming products market accounted for nearly 30% of the global pet grooming market.
How big is the dog grooming industry?
The global pet grooming products market size
valued at USD 9.9 billion in 2018
and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2019 to 2025. Rising pet adoptions and humanization are driving the increased spending on various pet products such as grooming, accessories, and food.
What is the size of the pet industry?
| Bird 9.9 | Saltwater Fish 2.9 | Reptile 5.7 | Small Animal 6.2 |
|---|
What industry does pet grooming fall under?
The
Pet
Grooming and Boarding industry has proven to be one of the few established industries to post consistently strong gains over the past decade. The industry offers a variety of pet care services, outside of veterinary care, including grooming, boarding, dog walking and training.
How much is the pet industry worth 2020?
The Global Pet Market was valued at
USD 223.54 Billion
in the year 2020. With the increased disposable income in highly populated countries such as China and India, the pet adoption rate is increasing and is expected to grow further in upcoming years.
Is the pet industry growing?
U.S. pet market sales revenue has
increased every year
in the last decade, growing from $50.96 billion in 2011 to an estimated $99.1 billion last year. (That’s a 51.4% increase in total market size.)
What is the future of the pet industry?
Globally, the pet care market is estimated to grow from
$216 billion in 2020 to $232 billion in 2021
. In the U.S., the pet industry is estimated to grow to $103.6 billion this year, up from $95.7 billion in 2020, projecting growth of 5.8%, which is well above the historical average of 3 to 4%.
What type of service is dog grooming?
Most groomers also offer a wide range of basic services, other than the full groom. These include a
brush and bath, nail trimming, ear cleaning
, and feather trimming for longer-haired dogs. On the other hand, they may also offer a variety of luxury or specialty pet services including: Deep conditioning.
How big is the dog daycare industry?
The dog day care industry falls into the general category of pet care services, which includes about 16,000 firms in the United States. These companies generate combined annual revenues of
approximately $4.5 billion each year
.
What do pet owners spend the most money on?
Pet owners tend to spend the most money on
veterinary visits
for their four-legged friends; 90 percent of those polled will call their veterinarian when their pet displays odd or unusual behavior, but only 79 percent will schedule an appointment to visit the vet.
Where do most pet owners live?
| States with the most dog owners (percentage of households that owned a dog): States with the fewest dog owners (percentage of households that owned a dog): | 1. Arkansas : 47.9% 1. Illinois: 32.4% | 2. New Mexico: 46% 2. New Jersey: 32.4% | 3. Kentucky: 45.9% 3. Minnesota: 31.9% |
|---|
What do dog owners buy the most?
| Characteristic Share of respondents | Dry pet food 44% | Pet treats and chews 43% | Flea and tick medications 30% | Pet grooming supplies 22% |
|---|
How much do Millennials spend on pets?
“Millennials aren’t afraid to splurge on their beloved pets.” The TD Ameritrade study also found that, on average, dog owners spent almost twice as much on their furry friends as did cat people —
$1,201 on dogs
, compared with $687 in spending on cats.
Are online pet stores profitable?
Online pet stores have taken off in recent years, but it’s becoming, what some may consider, a saturated market. … Starting your own online pet store has
the potential to be very fulfilling and profitable when done correctly
.
How can I make money from my pet?
- Take a walk. …
- Make your dog Instagram famous. …
- Start a pet blog. …
- Sell photos of your dog on a stock photography site. …
- Train your dog to be a professional actor (or model). …
- Make YouTube videos of your dog.
