Statistics have shown that around 63 percent of all U.S. households (71.1 million) are pet owners. This is why the pet industry is set at $43 BILLION and shows no signs of slowing. People of incomes of all levels buy crazy, luxury items for their pets, inclduing bowls, custom collars, leashes, clothing, carriers, toys, gifts, bedding, health foods, grooming and treats. I guess we can add hair salon to the list, as evidenced by these images of dogs with dyed fur.
Photos by duckymilo, nkaray, BC'sMom, peggyhr, Beyonce Knowles it all, LindaB., Zoom Zoom, Carolyn Rita, "jenny horror", and Mat_B (all from Flickr).
Why This Trend Is Growing
- Pet Hair Dyeing
- Expanding dyeing services for pets could be a lucrative opportunity for grooming and beauty businesses
- Luxury Pet Items
- The demand for lavish pet accessories presents an opportunity for businesses that specialize in luxury items for pets.
- Health-conscious Pet Foods
- Increasing awareness of pet health could lead to more opportunities for businesses specializing in healthy pet foods.
Industries Being Reshaped
- Beauty and Grooming
- Salons and grooming businesses can expand services to include pet hair dyeing
- Pet Accessories
- Design and sell luxury pet items to cater to affluent pet owners
- Pet Food
- Companies can capitalize on pet health by producing and marketing nutritious pet foods.
