Why the Grooming Industry?
The right time to be in this business.
The Pet Owners Survey for 2009/2010 states that 62% of United States households own a pet. This has trended upward since 1988, when the first survey was done ,and 56% of households owned a pet to 62% in 2008. Today, a whopping 45.6 million own a dog and 38.2 million own a cat.
I have heard and read that the pet industry is a recession proof industry. My personal experience has shown it has at least weathered the recession well. My belief is that because less money is being spent on frivolous things like vacations or fancy cars, more focus is being put on staying comfortable at home. Our homes now include the pet’s we own. Once dogs were working on farms or housed in the back yard. Now they are sleeping on our beds. Americans are aging and our pets are replacing children for empty nesters. Pets are included in our lifestyles, and we want similar services for them as we do for ourselves, daycare, spas, exercise regimes, better diets etc. In actuality the pet industry is recession resistant vs. proof. Money is still being spent on our pets, but the demand is for more quality & value for our dollars. Large companies such as Target & Wal Mart are noticing this trend and our focusing more on the pet phenomena.
The pet industry today (2009) is a $45.4 BILLION industry. This is slightly larger than the huge toy industry at $45 billion. Spending statistics show a steady yearly increase in spending from $17 billion in 1994 to $43.2 billion in 2008. In 2009, an amazing $3.4 billion was spent on grooming/boarding services, an increase from $3.2 billion in 2008.
The Pet Industry Advisory states “ that the pet industry is poised for explosive growth.” Now is a great time to be in the grooming industry or get into this business.
American Pet Products National Pet Owners Survey
Small Business Trends for 2009
Small Business Trends for 2010
Pet Industry Advisory
The Pet Owners Survey for 2009/2010 states that 62% of United States households own a pet. This has trended upward since 1988, when the first survey was done ,and 56% of households owned a pet to 62% in 2008. Today, a whopping 45.6 million own a dog and 38.2 million own a cat.
I have heard and read that the pet industry is a recession proof industry. My personal experience has shown it has at least weathered the recession well. My belief is that because less money is being spent on frivolous things like vacations or fancy cars, more focus is being put on staying comfortable at home. Our homes now include the pet’s we own. Once dogs were working on farms or housed in the back yard. Now they are sleeping on our beds. Americans are aging and our pets are replacing children for empty nesters. Pets are included in our lifestyles, and we want similar services for them as we do for ourselves, daycare, spas, exercise regimes, better diets etc. In actuality the pet industry is recession resistant vs. proof. Money is still being spent on our pets, but the demand is for more quality & value for our dollars. Large companies such as Target & Wal Mart are noticing this trend and our focusing more on the pet phenomena.
The pet industry today (2009) is a $45.4 BILLION industry. This is slightly larger than the huge toy industry at $45 billion. Spending statistics show a steady yearly increase in spending from $17 billion in 1994 to $43.2 billion in 2008. In 2009, an amazing $3.4 billion was spent on grooming/boarding services, an increase from $3.2 billion in 2008.
The Pet Industry Advisory states “ that the pet industry is poised for explosive growth.” Now is a great time to be in the grooming industry or get into this business.
American Pet Products National Pet Owners Survey
Small Business Trends for 2009
Small Business Trends for 2010
Pet Industry Advisory
