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Pet Grooming and Accessories Market to Worth USD 116.23 Billion by 2030 | At a CAGR of 6.98%

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Pune, India, June 19, 2023 (GLOBE NEWSWIRE) — The global pet grooming and accessories market is anticipated to rise during the forecast period due to the increasing importance of pet health & welfare. Fortune Business Insights™ publishes this information in a report titled, “Global Pet Grooming and Accessories Market, 2023-2030″. As per the report, the pet grooming and accessories size was USD 68.31 billion in 2022. The market size is expected to rise from USD 72.50 billion in 2023 to USD 116.23 billion by 2030 at a CAGR of 6.98% during the projected period.

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List of Key Players Profiled in the Pet Grooming and Accessories Market:

  • Pet Parents LLC (U.S.)
  • Simply Fido (U.S.)
  • Groomer’s Choice (U.S.)
  • Earthwhile Endeavors (U.S.)
  • Petco Animal Supplies, Inc. (U.S.)
  • Canada Pooch (Canada)
  • Moshiqa (U.S.)
  • Central Garden & Pet (U.S.)
  • Jolly Pets (U.S.)
  • The Orvis Company, Inc. (U.S.)
  • Spectrum Brands (U.S.)
  • Coastal Pet Products (U.S.)
  • Doskocil Manufacturing Company, Inc (Petmate) (U.S.)
  • KONG Company (U.S.)
  • Radio Systems Corporation (U.S.)

Report Scope & Segmentation:

Attributes Details
Forecast Period 2023-2030
Forecast CAGR 6.98%
2030 Value Projection USD 116.23  Billion
Market Size in 2022 USD 68.31 Billion
Historical Data 2019-2021
No. of Pages 214
Report Coverage Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors, and Latest Trends
Segments Covered
  • By Type
  • By Pet Type
  • By Sector
  • By Region
Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Pet Grooming and Accessories Market Growth Drivers Rise in the Number of Pet Adoption Worldwide is contributing to the Market Growth
Rise in Online Retailing in the Pet Grooming and Accessories Industry Will Drive the Market Growth

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https://www.fortunebusinessinsights.com/pet-grooming-and-accessories-market-107622

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Segments:

Pet Accessories to Witness Rapid Adoption Through 2030

By type, the market is trifurcated into pet accessories, pet grooming /services, and pet clothing. The pet accessories segment is expected to rule owing to the increasing adoption of pets in developed and emerging countries.

Dog Segment to Record Notable Growth during 2023-2030

Based on pet type, the market is divided into dogs, cats, and others. The dog segment is expected to gain traction due to a rise in spending on various dog accessories, apparel, and dogs’ groomed products.

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Mass Segment to Witness Maximum Consumer Demand Through 2030

On the basis of sector, the market is segmented into mass and luxury. The mass segment is projected to dominate owing to rising demand among consumers.

Report Coverage:

The report focuses on providing factual information regarding market development and recent trends. Major strategies adopted by key market players such as mergers, partnerships, acquisitions, and alliances are elaborated further. Also, drivers and restraints affecting market growth are highlighted further in this report. Furthermore, the impact of the COVID-19 pandemic on market development and expansion. Also, regional information and a list of key market players in the segmented region are given in this report.

Competitive Landscape:

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Key Players Focus on Partnerships to Expand their Business Globally 

The key industrial players are focusing on partnering with supporting firms to expand their business globally. Also, designing and manufacturing a new product range allows key players to enhance their product portfolio.

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Drivers:

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Increasing Emergence of the Smart Accessories to Bolster Market Growth

One of the significant factors that has beefed up the demand for the product is the increasing emergence of smart accessories such as connected pet collars, smart feeders, and smart beds. Also, to provide the comfort and safety of pets, several industry players are making hefty investments in R&D activities to design smart pet accessories, which tends to fuel market growth. Meanwhile, an increase in the cost of pet accessories products could deter market growth.

Regional Insights:

North America Holds Highest Market Share Due to Rising Pet Owners

North America dominates the global pet grooming and accessories market share due to the more significant number of pet owners across the region.

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Europe is expected to hold the second-highest global market share during the projected period. The regional market growth is attributed to a rise in awareness regarding pet hygiene.

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Detailed Table of Contents:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Market Trends
  • Key Insights
    • Overview of the Parent/Related Markets
    • Regulatory Analysis
    • Industry SWOT Analysis
    • Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
    • Impact of COVID on the Supply Chain of the Pet Grooming and Accessories Market
      • Impact of COVID-19
      • Supply Chain Challenges
      • Potential Opportunities Due to COVID-19
  • Global Pet Grooming and Accessories Market Analysis, Insights, and Forecast, 2019-2030
    • Key Findings / Summary
      • Market Size Estimates and Forecast, By Type (Value)
        • Pet Clothing
          • Coats & Jackets
          • Sweaters & Hoodies
          • Shirts & Tops
          • Others
        • Pet Accessories
          • Collars
          • Leashes
          • Harnesses
          • Bedding & Mats
          • Toys
          • Bowls
          • Litter Boxes
          • Scratchers
          • Others
        • Pet Grooming / Services
          • Grooming Products
          • Beauty/Spa Treatments
      • By Pet Type (Value)
        • Dog
        • Cat
        • Others
      • By Sector (Value)
        • Mass
        • Luxury
      • By Region (Value)
        • North America
        • Europe
        • Asia Pacific
        • South America
        • Middle East & Africa

TOC Continued…!

Key Industry Developments:

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  • December 2021: A new line of premium dog grooming tools launched by Wahl Animal, which includes the Medium Slicker Head Brush, Double Sided, and the Double Sided Bath Pin Brush.

Read Related Insights:

Toilet Paper Market to Hit USD 38.34 Billion by 2027 | With a CAGR of 4.9%

Artificial Flowers Market to Hit USD 2,275.33 Million by 2030 | Exhibiting a CAGR of 4.57%

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Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Artificial Intelligence

Five Women on Stars of Science Season 16 Lead the Charge

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A New Era of Women in STEM on Qatar Foundation’s Edutainment Show
DOHA, Qatar, Sept. 30, 2024 /PRNewswire/ — Five out of seven — that’s the groundbreaking number of female contestants in season 16 of Stars of Science. This historic representation is more than just a statistic; it is a testament to the quiet yet powerful revolution unfolding in the Arab world, within the laboratories, workshops, and brilliant minds of these female innovators. This season does not simply shine a spotlight on their achievements; it celebrates a shift in what it means to be a woman in STEM, challenging age-old gender norms and redefining innovation across the Arab world.

Since its inception, Stars of Science has supported 37 female alumnae, enabling them to develop countless brilliant innovative ideas that would eventually become products or services. In a recent previous season Eiman Al-Hamad from Qatar landed third place with her Arabic conversation fraud detection program, and for the first time, a woman—Omani scientific researcher and mother of three, Soumaiya Al Siyabi—was crowned the winner. The barriers that once seemed insurmountable are crumbling, with the women of season 16 leading the charge.
Historically, women have faced significant barriers in STEM fields, but the Arab world is witnessing a profound shift. According to UNESCO, countries such as Qatar, Jordan, and Saudi Arabia are recording higher percentages of female STEM graduates than many Western nations. Dr Hind Abdulrahman Al Muftah, Qatar’s Permanent Representative to the United Nations Office in Geneva, spoke at the International Telecommunication Union’s celebration of International Girls in ICT Day, highlighting the importance of enhancing and empowering women. Dr Al Muftah noted that in 2021, women made up 70% of graduates in fields such as information systems, computer engineering, general engineering, medicine, pharmacy, and sciences. She emphasised that providing access to technology is essential for transforming Qatar into a knowledge-based economy that is inclusive of all, particularly women. This surge reflects a broader societal transformation, where women are increasingly recognised as key contributors to scientific and technological advancements.
The innovative ideas of the women in Stars of Science season 16 are more than technical achievements — they are powerful catalysts for change, addressing critical challenges in the Arab world and beyond. From Khadidja Fellah Arbi’s work in healthcare with her ‘ECG-based glucometer’to Emma Sleiman’s efforts in enhancing the diagnosis of ADHD in children with the ‘ADHD multimodel classifier,’ their contributions are filling critical gaps in regional healthcare.
Nada Raafat Elkharashi and Mariam Montaser are setting new standards in sustainability and healthcare. Elkharashi’s achievements in sustainable technology with a ‘Self-powering biosticker’ and Montaser’s ‘Testing kit for bacterial respiratory infections’ highlight the pivotal role women in STEM play in addressing global issues. Meanwhile, Sanaa Belkoutbi’s ‘Drone structure inspector inside mosques’ demonstrates how women in STEM can uniquely blend cultural preservation with modern engineering, ensuring that progress does not come at the expense of heritage.
Female enrolment in STEM programmes continues to rise, reflecting the growing recognition of women’s vital role in these fields. Platforms like Stars of Science, championed by Qatar Foundation, are pivotal in driving this transformation, offering essential visibility and unwavering support that empower women to excel and lead.
As Sarah Aboerjaib, a distinguished alumna and guest mentor of Stars of Science, stated: “As women, we invent not just to create, but also to inspire. Every invention is a story of resilience, a testament to the power of imagination, and a beacon for those who dare to dream beyond boundaries.”
Season 16 of Stars of Science is more than just a competition; it marks the dawn of a new era. The future of STEM in the Arab world is driven by the determination of these extraordinary women. As they forge ahead, they’re not just playing the game — they are rewriting the rules. The future is female, and it has never looked more promising.
Stars of Science airs from 7 September 2024 to 19 October 2024 on five channels in the region and online. Please visit the broadcast guide for channels and timings.
About Stars of Science:
Throughout 16 years of success, Stars of Science – the edutainment TV initiative of Qatar Foundation (QF) – has leveraged its position as the premier innovation show in the Arab world to empower Arab innovators to successfully transform innovative ideas into tangible solutions, strengthening the culture of innovation among Arab youth. In its sustained journey that started in 2009, the show has demonstrated how young Arab innovators develop technological solutions for their communities, aiming to improve people’s well-being, provide financial opportunities to their local citizens, and advance sustainable development.
Over a 12-week process, the contestants develop their solutions experimentally in a shared innovation space, competing against time with the mentorship and support of a team of experienced engineers and product developers.
An expert panel of jurors assesses and selects more promising innovators and their projects every week across several prototyping and testing rounds until three finalists remain to compete for a share of the Grand Prize. Jury deliberation and online voting from the public determine the rankings of the two top winners.
To know more about Stars of Science, please visit: Website, Facebook, X, Youtube, Instagram, Tiktok, and LinkedIn.
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Persistent Advances Data Privacy and AI-Driven Business Transformation with the Acquisition of Arrka

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PUNE, India, Sept. 30, 2024 /PRNewswire/ — Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global pioneer in Digital Engineering and Enterprise Modernization, today announced the intent to acquire Arrka, a Pune-based company renowned for its decade-long data privacy expertise, its pioneering Data Privacy Management platform and growing expertise in AI governance. This strategic acquisition significantly enhances Persistent’s AI-led, platform-driven services and strengthens its ability to provide comprehensive offerings in digital governance, including data privacy, AI governance, and cybersecurity, among others. With Arrka’s expertise, Persistent will help clients accelerate their transformation journeys while ensuring ethical, responsible, and compliant AI.

With the widespread adoption of AI, implementing and managing digital governance in general and data privacy and responsible AI are taking center stage for enterprises across industries. Persistent is addressing the opportunities in AI through strategic investments in innovative platforms like SASVA™, an in-house cutting-edge platform using generative and deterministic AI, as well as through tuck-in acquisitions such as that of Starfish Associates, to strengthen its position in AI-powered Contact Center and Unified Communications. The integration of Arrka is a critical component in scaling Persistent’s AI practice and addressing the rising demand for digital governance. It is a key to the Company’s strategy to deliver responsible, ethical, and comprehensive platform-driven digital solutions.
Arrka’s Data Privacy Management platform enables organizations to manage their data privacy risks and comply with multi-jurisdictional legal and regulatory requirements in an integrated manner. Persistent will integrate and significantly broaden Arrka’s offerings to establish deep capabilities across the digital governance and trust domain, including:
AI Governance and Ethics: Equipping organizations to implement and manage AI risks, ensuring trust and governance across their AI initiatives.Data Privacy: Scaling Arrka’s Data Privacy expertise to help businesses enhance and mature their ability to comply with multiple privacy laws and regulations in a holistic manner.Privacy in AI Product Engineering: Offering privacy-by-design capabilities that help embed ethical and trustworthy practices into AI development, thus ensuring transparent and explainable systems.Consent and Rights Management: Developing tailored solutions for managing user consent, handling data subject rights requests, and ensuring transparency in data processing across multiple platforms and jurisdictions.AI Systems Auditing and Compliance Management: Offering continuous compliance and auditing solutions to ensure comprehensive monitoring of AI systems.Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent: 
“Arrka’s acquisition perfectly aligns with our vision to deliver AI-driven services that fuel innovation and ensure data privacy, ethics, and compliance at every stage. By integrating Arrka’s expertise with our AI-led, platform-driven services strategy, we are empowering businesses to innovate responsibly while managing risk and compliance more effectively. Their mature frameworks and Data Privacy Management platform provide a scalable foundation to ensure this new capability is platform-driven and embeds governance from the outset, which is now critical for successful AI implementations. We’re delighted to welcome Shivangi and her talented team as we strengthen our digital governance and data privacy offerings and shape the future of responsible AI together.”
Shivangi Nadkarni, Co-Founder, Arrka: 
“The acquisition by Persistent catapults Arrka onto the global stage. With the strength and resources of Persistent, we now have the opportunity to go from what has been a specialist, boutique business working with select long-term clients in India, to expanding our footprint into global markets and deepening our expertise rapidly in multiple areas of digital governance. Moreover, this has come at an opportune time, just when this domain is experiencing significant growth globally with the rise of AI. The Arrka team is excited by the opportunities ahead.”
Chirag Mehta, Vice President and Principal Analyst, Constellation Research: 
“As customers accelerate their adoption of AI, the urgency to address data privacy and compliance challenges has never been greater. Persistent’s acquisition of Arrka strengthens its AI-led, platform-first approach, empowering customers to confidently pursue their business goals while tackling these critical security concerns head-on.”
About Persistent
Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 23,500 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company has been recognized as the “Most Promising Company” of the Year by CNBC-TV18 at the 2023 India Business Leader Awards. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs
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Artificial Intelligence

Fujitsu launches “Takane” – A large language model for enterprises offering the highest Japanese language proficiency in the world

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With collaboration from Cohere, Fujitsu promotes the utilization of generative AI by achieving advanced customization in a secure private environment
News Facts:
Fujitsu launches Takane, a Japanese-language large language model (LLM) designed for secure enterprise useIntegrated into Fujitsu’s AI service Fujitsu Kozuchi and offered through the all-in-one operation platform Fujitsu Data Intelligence PaaS (DI PaaS)Specialized and tailored for industry-specific use and trained for the Japanese language (world-class score on the JGLUE benchmark) to address the challenges of using LLMs in sensitive industries that require a high degree of accuracy and reliabilityTOKYO, Sept. 30, 2024 /PRNewswire/ — Fujitsu today announced the launch of Takane, a large language model (LLM) designed for enterprise use in secure private environments. Developed in collaboration with Cohere Inc., (1) Takane represents a significant leap forward in generative AI capabilities, offering world-class Japanese language capabilities.

Fujitsu will integrate this new LLM into its generative AI services on Fujitsu Kozuchi and offer it through Fujitsu Data Intelligence PaaS (DI PaaS), an all-in-one operation platform that is part of Fujitsu Uvance, Fujitsu’s portfolio of solutions addressing cross-industry societal challenges. Takane will be available globally starting September 30, 2024.
Takane, which has achieved world-leading results on the Japanese General Language Understanding Evaluation (JGLUE) benchmark (2), is designed for enterprise use in a secure private environment. Fujitsu will offer Takane alongside its generative AI framework for enterprises which comprises knowledge graph extended RAG technology for referencing large-scale text and monitoring technology for generative AI that ensures output is compliant with laws, regulations, and corporate rules. With this comprehensive approach, Fujitsu aims to create an LLM that supports customers’ business transformation.
With the launch of Takane, Fujitsu elevates its generative AI offerings on Fujitsu Kozuchi with a high-precision LLM tailored for secure private environments. This strategic move aligns with Fujitsu’s vision for seamlessly integrating generative AI into business operations.
Takane will also be provided under an initiative to deliver total support for customers’ generative AI journeys by combining the LLM with its Uvance Wayfinders consulting service and broader Fujitsu Uvance offerings. With this comprehensive approach, Fujitsu aims to empower customers to unlock new value and address societal issues by enhancing productivity, creativity, and innovation in their business operations.
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