The adoption of more pets and ownership patterns that lean towards humanization are two key elements influencing the growth of various pet grooming products. The development of organic products and the growing concern pet owners have for the health of their animals both contribute to this rise and are expected to have a favorable effect on the market for pet grooming products in the years to come.
Throughout the forecast period, the market for pet grooming products demand is anticipated to expand at a moderate CAGR of 4.5%. (2019-2029). As pet owners spend more on veterinary services and supplies, the global pet market has been expanding quickly.
Shampoos and Conditioners Dominate Pet Grooming Products Industry
Due to their frequent outdoor activities, most pets have hairy coats that need regular cleaning. Ticks, fleas, and illnesses can all be made more likely by a lack of cleaning procedures.
Due to increased pet care awareness, producers are concentrating on creating medicated solutions, particularly for dog breeds including Chow Chow, Yorkshire Terriers, Bernese Mountain Dogs, Shih Tzu, Golden Retrievers, and Poodles.
Given such tendencies, shampoos and conditioners are the most popular and rapidly expanding product categories, with a market share of almost 60% and a strong CAGR of 5%.
The development of products designed expressly to treat skin conditions and the basic requirements of hygiene for companion animals can be credited with this expansion.
As a pet owner, finding the right pet grooming products can be a challenge, though. Not only do you have to take into account the type of pet you have, but also the type of coat they have, the fur length, and their skin sensitivity. With so many factors to consider, it can be difficult to find the right product for your pet.
Fortunately, there are a number of pet grooming products available that are designed to meet the needs of every pet. From shampoos and conditioners to brushes and combs, there is something available to suit every pet’s needs.
When shopping for pet grooming products, it is important to read the labels carefully. Look for products that are specifically formulated for the type of pet you have and the type of coat they have. Also, make sure that the products are free of harsh chemicals or fragrances that could irritate your pet’s skin.
In addition to shampoos and conditioners, there are other products that can help keep your pet looking and feeling their best. Grooming brushes and combs can help to keep your pet’s coat looking glossy and healthy. Additionally, pet wipes can help to remove dirt and debris from your pet’s fur, keeping them clean and fresh.
Finally, investing in quality pet grooming products is a great way to show your pet how much you care about them. Taking the time to research and find the right products for your pet can help ensure that they stay healthy and happy for years to come.
Top Key Players:
- Groomer’s Choice
- Rosewood Pet Products
- Hagen Inc.
- Spectrum Brand Holdings
- Petco Animal Supplies Inc
Pet Grooming Products Market Regional Outlook:
The majority of the industry’s major players are looking to engage in mergers and acquisitions in order to grow their businesses and increase investments in new product lines. Furthermore, North America, which accounts for more than 50% of the global market share for pet grooming products, is far ahead of Europe, which accounts for more than 22% of the market.
The high rate of companion animal adoption in the United States and Canada, as well as the ensuing rise in spending on pet care in the region, are both responsible for the growth in North America.
A greater CAGR is also anticipated for countries in East Asia, South Asia, and Oceania throughout the course of the forecast period, with China and Japan making the largest contributions due to these regions’ higher rates of urbanization.
Urban populations who are becoming more tech literate have shown a larger propensity for online purchasing, and e-commerce platforms are helping to fuel this trend with a higher CAGR of about 7%.
However, with control over over three quarters of the entire market share, offline channels including brick and mortar retail stores will continue to rule the sector during the projected period.
Global Pet Grooming Products Market: In-Depth Assessment on Key Segments
- By Product Type:
- Shampoo & Conditioner
- Shear & Trimming Tools
- Comb & Brush
- By Distributional Channel:
- By Region:
- North America
- Latin America
- East Asia
- South Asia & Oceania