The global pet grooming products market size is expected to reach USD 14.5 billion by 2025, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing pet adoption and growing awareness about their hygiene are some of the factors driving the demand for pet grooming product.
In addition, availability of wide
range of medicated and organic variants in shampoo, conditioner, and ear butter
have drawn greater consumer attention towards grooming products. Dogs and cats
are the most common companion animals and they contribute significantly to the
demand for various grooming products.
Due to thick furry coating and
outdoor movements and activities, companion animals are susceptible to various
diseases and infections triggered by fleas and ticks. Hence companies are
introducing specific brushes and shampoos to get rid of these. For instance,
SynergyLabs offers veterinary formulated medicated shampoos to relieve
companion animals from bacterial infections.
Increasing adoption of pets by
domestic households have opened up potential opportunities for new entrants in
the market especially through online platforms. Some of the e-commerce
distributors of pet products include Amazon.com; Petco Animal Supplies, Inc.;
PetSmart Inc.; PetMed Express, Inc.; TABcom LLC; BarkBox; PetFlow; and Bulk Reef
Supply.
Among various grooming products,
shampoo and conditioner was estimated to have the highest revenue share of the
global market. This scenario is majorly attributed to the increasing use of
these products as they are specially customized for pet hair and its hygiene.
Asia Pacific is expected to
register the highest growth over the forecast period majorly driven by the
rising pet adoption in China and India in 2018. The market for companion animal
in Japan is attractive with a population of around 20 million cats and dogs.
According to Japan Pet Food
Association (JPFA) there are around 9.7 million cats and 11.8 million dogs
living with families in Japan and these numbers are growing every year. The
average life expectancy of companion cats in Japan is 14.4 years and for dogs,
it is 13.9 years. Rising adoption of companion animals by their owners as
family members is expected to boost the growth of the market.
Some of the key players operating
in the global pet grooming product market include Groomer's Choice; Himalaya
Herbal Healthcare; Spectrum Brands, Earthbath; Resco; SynergyLabs; Petco Animal
Supplies, Inc.; Coastal Pet Products; Vet's Best; 4-Legger; and World For Pets.
For Full Research Report On Pet Grooming Products Market Visit Here:
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Pet Grooming
Product Market Report Highlights
- The global pet grooming
products market is expected to exhibit a CAGR of 5.7% from 2019 to 2025,
thereby reaching a value of USD 14.5 billion by 2025
- North America is estimated
to be the largest market accounting for a share of more than 50% by 2025,
driven majorly by the high adoption rates of companion animals among
households
- The shampoo and conditioner
segment accounted for the highest revenue share of about 52% in 2018 and
is expected to grow with a CAGR of 5.9% over the forecast period
- Offline distribution
accounted for a major share of more than 70% in 2018, whereas online
distribution is projected to witness fastest CAGR over the forecast
period.
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Pet Grooming
Product Market Segmentation
Grand View Research has segmented
the global pet grooming product market on the basis of type, distribution
channel, and region:
Pet Grooming
Product Type Outlook (Revenue, USD Million, 2015 - 2025)
- Shampoo & Conditioner
- Shear & Trimming Tools
- Comb & Brush
- Others
Pet Grooming
Product Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Pet Grooming
Product Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- Japan
- Central & South America
- Argentina
- Middle East & 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.
For more info visit @ https://www.grandviewresearch.com
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