The global pet shampoo market size is expected to reach USD 757.7 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.4% during the forecast period. Increasing rate of pet adoption among millennials is expected to remain a key growth driver. In addition, rising awareness about animal health and hygiene among the pet owners is expected to fuel the product demand.
Dog
products segment held the leading market share exceeding 30% in 2018. The dog
adoption rate has been increasing in countries, including U.S., Argentina,
Mexico, Brazil, U.K, Russia, China, Japan, Philippines, and India. This trend
is anticipated to boost the demand for dog shampoos in the upcoming years.
The
commercial application segment held the largest market share of over 60% in
2018. Growing number of pet stores on a global level has been driving the
application in the commercial sector. Furthermore, the bulk requirements from
the growing animal boarding and grooming services has been impacting the market
positively.
The
online distribution channel is expected to witness the fastest growth in near
future. The prominent e-commerce players in the pet shampoo market include
Amazon; PetSmart Inc.; BarkBox; Petco Animal Supplies, Inc.; PetFlow; Bulk Reef
Supply; TABcom LLC; and PetMed Express, Inc.
Asia
Pacific is anticipated to register the fastest CAGR of 13.8% from 2019 to 2025.
China, Australia, India, South Korea, and Philippines are the major economies
in the region. Rapid pace of urbanization along with the increasing purchasing
power of consumers is expected to boost the regional market growth in near
future.
Full Research Report On Pet Shampoo Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/pet-shampoo-market
Further key
findings from the report suggest:
- Household
application is expected register the fastest CAGR of 6.7% from 2019 to
2025
- Commercial
segment held the largest market share of more than 50% in terms of revenue
in 2018
- Offline
distribution channel held the leading market share of around 90% in 2018
- Online
distribution channel is expected expand at the fastest CAGR of more than
10% during the forecast period
- The key
competitors in the market include Groomer's Choice; SynergyLabs; Vet's
Best; Himalaya Herbal Healthcare; Petco Animal Supplies, Inc.; Logic
Product Group LLC; Wahl Clipper Corporation; 4-Legger; Earthwhile
Endeavors, Inc.; and World For Pets
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/pet-shampoo-market/request/rs1
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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