DUBLIN, February 24, 2022–(BUSINESS WIRE)–The “Pet Grooming Products Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Pet Type, Product Type and Distribution Channel” report has been added to from ResearchAndMarkets.com offer.
Pet Grooming Products Market is expected 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 pets as companions in many countries is contributing to increased spending on pet products, including pet grooming products. People spend more on the welfare of their pets because they treat them like family. Thus, an increased rate of pet adoption will drive the growth of the pet grooming products market in the coming years.
Based on distribution channel, the pet grooming products market is segmented into supermarkets & hypermarkets, specialty stores, online retail and others. In 2020, the specialty store segment accounted for the largest share of revenue. The market growth of this segment is attributed to the availability of specific products under one roof, a pleasant store atmosphere and the availability of qualified staff who help the customer to 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 Care Companies, Italy has a pet population of approximately 60.2 million; almost 3 out of 10 Italian families have at least one pet. The pet population in the country includes 7 million dogs and 7.3 million cats. Due to this large population of pets in this region, the demand for pet grooming products is expected to increase. Moreover, the growing presence of pet grooming salons and growing preference for online shopping would drive the demand for pet grooming products in the coming years.
Reasons to buy
Highlights key business priorities to help companies 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 using substantial growth offering in both developed and emerging markets.
Dig deep into the market trends and outlook associated with the factors driving the market, as well as those hindering it.
Improve the decision-making process by understanding the strategies behind business interest versus application.
Ancol Pet Products Limited
The Hartz Mountain Corporation
Johnson Veterinary Products Ltd.
Earthwhile Endeavours, Inc.
Coastal Pet Products, Inc.
Glo-Marr Pet Products
Resco Pet Products
For more information on this report, visit https://www.researchandmarkets.com/r/w5239a
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220224005818/en/
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