The global pet grooming products market size is estimated to reach USD 14.5 billion, by 2025, and is projected to grow at a CAGR of 5.7% from 2019 to 2025, according to a new report by Million Insights. Increasing adoption of pet animals along with rising awareness regarding hygiene is mainly contributing to market growth.
In addition, the availability of various organic and medicated products such as conditioner, ear butter, and shampoo are gaining attraction among consumers. Moreover, cats and dogs are the most popular pet animals, thus contribute to the high demand for pet care products.
The thick hairy body of companion animals influences consumers to take care of their pets as it can cause bacterial infections. Moreover, the manufacturers offer shampoos and brushes to avoid tangles and skin infection. For example, Synergy Labs provide medically formulated shampoos to treat animals from infections and other disorders.
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Rising pet adoption by households has influenced new entrants to sell their products through online platforms. Major online retailers are PetMed Express Inc., PetSmart Inc., Amazon.com, PetFlow, and BarkBox.
Among all product types, conditioner & shampoo is projected to hold the largest share in the overall market. These products are projected to witness high demand due to availability of large variety and customized products for maintaining hygiene and hair care.
Asia Pacific is anticipated to grow at the fastest rate of CAGR owing to increasing pet adoption in countries such as India, Japan, and China. The Japanese market has a high demand for these products. Japanese Pet Food Association (JPFA), states that there are 11.8 million and 9.7 million dogs and cats in the Japanese market. In Japan, the average life for dogs and cats is 13.9 years and 14.4 years, respectively.
Major players in the pet grooming product market are Himalaya Herbal Healthcare; Groomer’s Choice; SynergyLabs; Spectrum Brands; Resco; Earthbath; Petco Animal Supplies, Inc.; Vet’s Best; and Coastal Pet Products.
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Further key findings from the report suggest:
• North America is projected to hold the highest market share of over 50.0% by the end of 2025, owing high adoption of pet animals in U.S. and Canada.
• Based on type, the conditioner & shampoo segment attributed to market share of around 52.0% in the year 2018, and it is estimated to grow at the CAGR of over 5.9% from 2019 to 2025.
• Based on the distribution channel, the offline segment held the highest market share of over 70.0% in 2018.
Million Insights has segmented the global pet grooming products market based on 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 Products Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)
• Offline
• Online
Pet Grooming Products 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
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