Pet grooming

Global Pet Grooming Products Market (Factor COVID-19) – Growth Outlook, Competition Analysis, Regional Insights, Market Trend Analysis, SWOT Analysis, and Forecast 2021-2026

The pet grooming product is expected to increase steadily over the next four years. According to World Knowledge Information (WKI) “Global Pet Grooming Product Professional Survey Report 2021, Forecast to 2026”, With the increase in the number of pets, attention to the health and appearance of pets company is increasing. It is expected that pet grooming products will have better development. The compound annual growth rate (CAGR) for the period 2021-2026 is expected to be 5.3% based on the WKI regression analysis model.

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Analysts’ point of view:

“Pets are like family in every home, so the safety of product ingredients should not be underestimated.” said Amy, senior analyst, WKI’s Consumer Goods Market Research Center. There are many types of pet grooming products, and if you want to take the top spot in the market, market players need to develop unique branded products.

Market Snapshot:

With the increase in the number of aging populations, the increase in the number of young people living alone, the increase in disposable income per capita and the continued increase in social pressure, the number of pets has increased year on year. in year. According to data from the Japan Pet Food Association (JPFA), there are approximately 9.7 million cats and 11.8 million dogs living with their families, and that number is increasing every year. The average life expectancy of Japanese companion cats is 14.4 years and that of dogs is 13.9 years. The increasing number of pets from year to year is expected to promote the growth of the market. Additionally, acceptance of the concept of pet parenting is an important factor in promoting sales of beauty products. More and more pet owners are treating animals like children to take care of them and pay more attention to their health. Therefore, the humanization of pets is expected to promote the pet food market, thereby increasing the demand for high-quality beauty products and services.

Competition landscape:

This WKI Market report is designed to help customers improve their market position, and in accordance with this, this report provides detailed analysis of several leading pet grooming product companies including Vet’s Best, Coastal Pet , Synergy Labs, Earthbath and others.

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Pet Grooming Products Market Segmentation:

Shampoos and conditioners occupy the highest market share of pet grooming products. Mainly because of the basic hygiene needs of pets. These beauty products are specially formulated for the care of pets to cleanse, condition and deodorize the skin and hair of pets. Additionally, as the furry coats of pets (especially dogs and cats) are often soiled during outdoor sports, they are extremely susceptible to infections and bacterial growth caused by fleas and lice. Therefore, manufacturers have also developed medicinal shampoos with specific formulations to treat various skin related problems and diseases in pets. Among purchasing method providers, offline distribution channels are the method of choice for most consumers, especially pet stores and pet clinics. However, the online shopping method is expected to experience the fastest growth during the forecast period. The reason for this growth is that millennials increasingly prefer to shop online and launch attractive discount programs.

Pet Grooming Products Market: Regional Analysis

In terms of geography, the global pet grooming products market has been segmented into: North America, Asia Pacific, Europe, South America, Middle East & Africa. North America is the number one pet grooming product market, mainly due to adoption and high pet care spending in the United States. The country has the largest number of pets in the world. According to data from the APPA, in the United States, over 65% of households owned pets in 2018. In Canada, about 41% of households have at least one dog and about 38% of households have at least one. cat. In these countries, more and more domestic pets are adopted, which has resulted in an increasing demand for various pet grooming products. During the forecast period, the Asia-Pacific region is expected to become the fastest market. Growth in the number of pet owners, demographic changes, improving socio-economic conditions and the concept of humanization of pets are driving the Asia-Pacific market during the forecast period.

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