SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ -- 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.
Key suggestions from the report:
- 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.
Read 80 page research report with ToC on "Pet Grooming
Products Market Size, Share & Trends Analysis Report By Type
(Shampoo & Conditioner, Shear & Trimming Tools, Comb &
Brush), By Distribution Channel (Offline, Online), By Region, And
Segment Forecasts, 2019 - 2025'' at:
www.grandviewresearch.com/industry-analysis/pet-grooming-products-market
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.
Grand View Research has segmented the global pet grooming
product 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 Product Distribution Channel Outlook (Revenue,
USD Million, 2015 - 2025)
-
- Pet Grooming Product Regional Outlook (Revenue, USD Million,
2015 - 2025)
-
- North America
-
- Europe
-
- Asia Pacific
-
- Central & South
America
-
- Middle East & Africa
Find more research reports on Homecare & Decor
Industry, by Grand View Research:
- Pet Odor Control & Clean-up Products Market –
The global pet odor control and clean-up products market size was
valued at USD 7.02 billion in 2018
and is expected to expand at a CAGR of 2.94% over the forecast
period.
- Pet Shampoo Market – The global pet
shampoo market size was valued at USD 489.6
million in 2018. The increasing awareness regarding health
and hygiene of the pets among owners is driving the growth.
- Pet Furniture Market – The global pet
furniture market size was valued at USD 2.1
billion in 2018. Increased availability of a wide range of
multifunctional and fashionable furniture for pets on a global
level is expected to remain favorable for the market.
Gain access to Grand View Compass, our BI
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About Grand View Research
Grand View Research, U.S.-based market research and consulting
company, provides syndicated as well as customized research reports
and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425
analysts and consultants, adding more than 1200 market research
reports to its vast database each year. These reports offer
in-depth analysis on 46 industries across 25 major countries
worldwide. With the help of an interactive market intelligence
platform, Grand View Research helps Fortune 500 companies and
renowned academic institutes understand the global and regional
business environment and gauge the opportunities that lie
ahead.
Contact:
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James
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Grand View Research, Inc.
Phone: +1-415-349-0058
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Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
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SOURCE Grand View Research, Inc.