According to the report titled ‘Global Pet Grooming Market Size study, by Type (Shampoo & Conditioner, Shear & Trimming Tools, Comb & Brush), by Distribution Channel (Offline, Online) and Regional Forecasts 2020-2027’, available with Market Study Report, global pet grooming market was appraised at USD 10.53 billion in 2019 and is anticipated to be valued at USD 16.53 billion by the year 2027, growing at an annual rate of 5.8% throughout.
 

Increasing ownership of pets, and growing trend of pet humanization are key factors responsible for global pet grooming market growth. According to a study conducted by American Pet Association, 68% of American Households had a pet in 2018. There has a been a rise in pet population in Canada as well, cites the Canadian Animal Health Institute.
 

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Furthermore, the concept of pet parenting has gained popularity in recent years, which along with an increase in disposable income are propelling the industry share. Also, surged preference for top-quality pet products, accessories, and food is further multiplying global pet grooming market remuneration. According to American Pet Products Association, USD 69.75 billion was lavished on pets in 2017 which later increased to USD 75.38 billion in 2019.
 

On the other hand, rising concerns about allergies connected with pets will hamper market expansion to some extent over the ensuing years.
 

Based on product type, worldwide pet grooming industry is segregated into comb & brush which are used for cleaning hair, shampoo & conditioner for washing and bathing animals, and shear & trimming tool for cutting nails. These products are available in offline stores as well as online.
 

From the regional frame of reference, North America accounted for a significant market share in the recent past, due to increasing pet population, and growing use of best-quality pet grooming products.
 

Meanwhile, Asia Pacific pet grooming industry size is projected to record a strong CAGR over the analysis timeframe, owing to elevating number of pet ownerships in the region.
 

Key contenders in global pet grooming market include Ferplast S.p.A., Rolf C. Hagen Group, The Himalaya Drug Company, Earthwhile Endeavors Inc., The Hartz Mountain Corporation, Resco Pet Products, Groomer’s Choice, Ancol Pet Products Limited, Beaphar Pharmaceutical Company, and Spectrum Brands Holdings Inc.