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PET CARE INDUSTRY
An Amazing Opportunity
Pet grooming has nearly doubled over the past decade. Rising pet ownership has driven the demand for pet grooming, boarding, training, and walking to an all-time high.
Key External Drivers
The industry has proven to be somewhat immune to economic downturns. Although consumers decreased spending on the majority of their own goods and services during the recession, fewer consumers cut back on pet service expenses.
Changing consumer attitudes toward pets has driven growth. Pet owners now treat their pets like family members. This humanization of pets has led to increased demand for pet services. According to the U.S. Pet Ownership and Demographic Sourcebook, more than 60% of pet owners think of their pets as family members.
Industry Lifecycle
The pet grooming industry is in the growing phase of its lifecycle. In 2019, 40% of revenue came from pet owners aged 30 to 49. People in this age group also have the highest percentage of pet ownership and one of the highest annual expenditures for their pets ($495.50).*
*IBISWorld Industry Report 81291: Pet Grooming & Boarding in the US – June 2019
**We have created and maintained a unique solution to biggest crunch in this industry, labor. Contact us to learn more about how we are driving new solutions to fulfill demand!
Salty Dawg Pet Salon