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Pet Grooming

Industry Specifics

Types of Pet Care Expenses

According to the American Pet Products Association, in 2023, 90.5 million households in the U.S. owned a pet, an increase of 7.0% compared to 2019.

Specific Research & Insights

Pet Ownership In Us

  • 86.9 Million households (or 66%) in US own a pet.

  • The average U.S. household spends $741 per year in their pets

  • The average U.S. dog owner spend about $2,524 per year or $210 monthly on recurring pet cost.

  • Pet-owning households in the West spend the most at $1,046 per year or 1.1% of their income.

  • People spent $147 billion on pets in 2023 compared to $136.8 billion in 2022.

Pet Grooming Expenditures

WHERE AMERICANS SPEND ON PET CARE

PROJECTED SALES WITHIN THE US MARKET IN 2024

$66.9 BN

Pet Food & Treats

$32 BN

Supplies, Live Animals & OTC

$39.1 BN

Vet Care & Product Sales

$12.6 BN

Other Services

Source: https://www.marketwatch.com/guides/pet-insurance/pet-ownership-statistics/#:~:text=Key%20Pet%20Ownership%20in,to%20data%20from%20the%20BLS

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