Pet Grooming Products Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Pet Type (Dogs, Cats, and Others), Product Type (Shampoos and Conditioners, Shear and Trimming Tools, Combs and Brushes, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
The pet grooming products market is projected to reach US$ 28,216.11 million by 2028 from US$ 16,099.78 million in 2021; it is expected to grow at a CAGR of 8.3% from 2021 to 2028.
The growing adoption of domestic animals as companions in many countries is contributing to the increased spending on pet products, including pet grooming products. People are spending more on the well-being of their pets as they treat them as their family members. Thus, an increased rate of pet adoption will drive the growth of the pet grooming product market in the coming years.
Based on distribution channel, the pet grooming products market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the specialty stores segment accounted for the largest revenue share. The market growth of this segment is ascribed to the availability of specific products under one roof, pleasant store atmosphere, and skilled store staff availability that helps the customer choose the right product for their pets.
In 2020, Europe held the largest revenue share of the global pet grooming products market. According to the National Association of Pet-Food and Pet-Care Companies, Italy has a pet population of ~60.2 million; almost 3 out of every 10 Italian families have one pet at least. The pet population in the country comprises 7 million dogs and 7.3 million cats. Due to this large pet population in this region, the demand for pet grooming products is expected to increase. Furthermore, the increasing presence of pet grooming parlors and the growing preference for online shopping would drive the demand for pet grooming products in the coming years.
A few of the key players operating in the global pet grooming products market include Ancol Pet Products Limited; Beaphar; Wahl Clipper; The Hartz Mountain Corporation; Johnson’s Veterinary Products Ltd; Earthwhile Endeavors, Inc.; Coastal Pet Products Inc; Nexderma; Glo-Marr Pet Products; and Resco Pet Products. Players operating in the market are highly focused on the development of high-quality and innovative product offerings to fulfill customers’ requirements.
The overall pet grooming products market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the pet grooming products market.
Reason to buy
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global pet grooming products market, thereby allowing players to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to the application.
The List of Companies - Pet Grooming Products Market
1. Ancol Pet Products Limited
2. Beaphar
3. Wahl Clipper
4. The Hartz Mountain Corporation
5. Johnson’s Veterinary Products Ltd
6. Earthwhile Endeavors, Inc.
7. Coastal Pet Products, Inc.
8. Nexderma
9. Glo-Marr Pet Products
10. Resco Pet Products
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook