Pet Grooming Products Market is Expected To Reach $5, 488 Million, With The U. S. Accounting For nearly 30% of – EIN News
PORTLAND, OREGON, UNITED STATES, August 8, 2022 / EINPresswire. com / — Pet Grooming Products Market Outlook – 2031
• The pet shampoo and conditioner market will be anticipated to expand at a CAGR of 5. 0 % in terms of value during the forecast period.
• With a substantial CAGR of 3. 9 % in terms of value, North America is predicted to lead the market.
• Asia-Pacific is usually anticipated to grow rapidly over the course of the projection period, with a CAGR of 6. 2% in terms of value.
• With a CAGR of 4. 9 %, the supermarket/hypermarket distribution channel is predicted to lead the worldwide pet grooming products market.
• In 2017, China accounted for more than half of the marketplace for pet grooming goods in the Asia-Pacific region.
• India is anticipated to expand at a CAGR of 7. 6 % in the market for pet grooming products globally.
Analysts’ Perspective on the Global Market for Dog Grooming Products
The pet industry has witnessed a rapid growth due to humanization of pets in developed and developing regions. Pet owners are increasingly nursing their cats, dogs , birds, and other pets like family members, and therefore purchase of various dog supplies is more functionally driven, as health becomes an important priority. Products designed to cater to the health & hygiene needs of pet are encouraging owners to increase the annual expenditure in family pet grooming products & services
Global Pet Grooming Products Introduction
According to a new report published by Allied Market Research Pet Grooming Products Market is projected to reach at $5, 488 million by 2025, growing at a CAGR of 4. 5% from 2018 to 2025.
The development of the global market for pet grooming products is fueled by the rise in the trend associated with nuclear households, the rising humanization of pets, and growing pet health awareness. Additionally , rising e-commerce sales and a growth in dog ownership in developing countries present prospects for business participants. However , it is projected that rising worries about pet-related allergies may impede market expansion.
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Living with a pet helps people manage their stress and despair. Strolling a cat or dog or making other kind gestures like that can help someone feel better and lower their blood pressure. As a result, more than half of people worldwide own at least one pet, with dogs being the most common, followed by cats. The care and upkeep of an animal’s health and wellbeing is referred to as family pet grooming. The market for pet grooming products is expanding rapidly across the globe as a result of increasing pet ownership, pet humanization, and premiumization demands. The health and fitness of domesticated animals have improved as a result of growing humanization and increased awareness of the ethical treatment of animals. Increased pet ownership has resulted in increased demand for pets.
Nearly 30% of Americans with allergies experience allergic reactions to cats and dogs, according to the Asthma and Allergy Foundation of America. Allergies to cats and dogs can cause a variety of symptoms, including runny noses, skin membrane swelling plus itching, and itchy, watery eyes. Pet allergies are becoming more common among individuals, which limits pet adoption rates and restrains the market’s expansion for pet grooming goods.
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Shampoos and conditioners for pets are predicted to have a significant market share increase because they not only keep pets clean but also assist prevent skin conditions and hair loss.
Key players profiled in the report include Ancol Pet Product Limited, Beaphar, Ferplast S. P. A., Johnsons Veterinary Items Ltd., PetEdge, Rolf C. Hagen Inc., Rosewood Family pet Products, Ryans Pet Supplies, The Hartz Mountain Corporation, and Wahl Clipper Company.
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The other prominent players in the pet tidying products industry include Pet Brands Ltd. (UK), Just For Pets Ltd. (UK), Bob Martin (UK), Petco Animal Supplies, Inc. (U. H. ), and Groomers Delight (New Zealand)
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions. ” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.