The
global pet odor control & clean-up products market size
is expected to reach USD 8.60 billion by 2025, according to a new report by
Grand View Research, Inc. It is anticipated to expand at a CAGR of 2.94% during
the forecast period. The growing spending on the pet care products along with
efforts to maintain healthy and clean surroundings for pets is projected to
drive the growth.
As
per the 2017-2018 Pet Ownership and Demographics Sourcebook of the American
Veterinary Medical Association (AMVA), about 57% of all U.S. households owned a
pet by the end of 2016. Rising product innovation and consumer willingness to
spend more on these products is anticipated to bode well for the regional
demand for pet odor control and clean-up products. High spending capacity of
pet owners is expected to drive the demand for pet products and services.
Asia
Pacific is anticipated to witness the fastest growth over the forecast period
owing to the increasing consumer spending on pet care and pet health services.
The region is anticipated to register significant demand for natural and
organic pet care products. The rise in purchasing power of consumers in
countries such as India and China has resulted in increased sales of innovative
products, such as automatic litter boxes with Bluetooth connectivity.
Litter
box product segment held the largest market share of about 61.53% in 2018. High
demand for automatic products is anticipated to drive the growth of the
segment. Market players engage in business activities such as geographical
expansion, product launch, and mergers and acquisitions to acquire greater
market share. For instance, in March 2018, Skout’s Honor pet specialty brand
launched a new line of Probiotic Skin Care Products for pets.
Key
manufacturers operating in the pet odor control and clean-up products market
are Skouts Honor Pet Supply Co., Sunny & Honey, Guangzhou Babyhouse Pet
Supplies Co., Ltd, Charmypet Co., Ltd., SzeKai Co., Ltd, Double Pets
International Co., Ltd., and Shanghai Mimon Pet Ltd.
For Full Research Report On Pet Odor Control & Clean-Up Products Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/pet-odor-control-clean-up-products-market
Further key
findings from the report suggest:
- Litter box product segment
held the largest market share of over 60% in 2018 and is anticipated to continue
leading over the forecast period
- Offline segment led the
global pet odor control and clean-up products market with an overall share
of 79.58% in 2018
- North America held the
largest market share of 51.21% in 2018 and is anticipated to continue
leading in the forthcoming years
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/pet-odor-control-clean-up-products-market/request/rs1
Grand View Research has segmented
the global pet odor control & clean-up products market on the basis of
product, distribution channel, and region:
Pet Odor Control
& Clean-Up Products Outlook (Revenue, USD Billion, 2015 - 2025)
- Litter Box
- Cleanup
- Odor Control
Pet Odor Control
& Clean-Up Products Distribution Channel Outlook (Revenue, USD
Billion, 2015 - 2025)
- Online
- Offline
Pet Odor Control
& Clean-Up Products Regional Outlook (Revenue, USD Billion, 2015 -
2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- Japan
- Australia
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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