Pet Grooming Products Market Worth USD 15.55 billion by 2025 | CAGR: 5.7% | Grand View Research, Inc.

September 09 09:44 2020
Pet Grooming Products Market Worth USD 15.55 billion by 2025 | CAGR: 5.7% | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report by Grand View Research, Inc., The global pet grooming products market size valued at USD 9.9 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2019 to 2025. Rising pet adoptions and humanization are driving the increased spending on various pet products such as grooming, accessories, and food.

The global pet grooming products market is anticipated to register a CAGR of 5.7% during the forecast period. Pet owners or animal lovers over the past decade have shown proclivity for a variety of pet cosmetic formulations. Focus on health of pets and wellbeing has spurred spending on the pet grooming products. The global industry has witnessed a significant growth in product portfolio like coat care shampoos, clippers, etc. and are notably manufactured for dogs and canines. Some other pet grooming products include conditioners, comb and brush, and shear and trimming tools.

The shears’ ergonomics are easier to hold when compared to the other market products, which allows its wide acceptance among professional groomers to groom efficiently with less fatigue. Duralite 440c Japanese stainless steel is key manufacturing resource as the line triple-tempered, consisting of -300° Cryogenic tempering, therefore, improving the end product durability and doubling the life of the edge.

Covid-19 Effect:

The COVID-19 pandemic continues to affect in the past few months, not only the health of our communities, but also pet businesses. However, the concept of working together in the pet industry to serve the customer and aid pet businesses endure has become evident.  The pandemic has helped in boosting customer engagement and product sales.

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Further findings from the report suggest:

  • Offline distribution channel dominated the overall market in 2019 and held a share of more than 70% in the same year. Major offline distribution channels comprise hypermarkets and supermarkets, convenience stores, and retail stores. The segment is driven by the physical display of grooming products at stores.
  • Shampoo and conditioner segment accounted for a share of more than 50% in 2019. This trend can be attributed to the basic hygiene needs of pets such as deodorizing the skin and hair, conditioning, and cleaning. Specifically, medicated shampoos are gaining traction due to the increasing occurrence of skin infections among animals.

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.

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The companies are engaging in merger and acquisition activities with an aim to expand their business. For instance, in March 2018, BioAdaptives, Inc., a U.S. based natural health products producer acquired Philco Animal Health Inc., which is a Canada based veterinary product company. Some of the prominent players in the pet grooming products 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
  • World For Pets

Shampoo and conditioner accounted for the highest share of more than 50% in 2018. The dominance is primarily attributed to the basic hygiene needs of companion animals. The fact that these grooming products are specially formulated for pet care which serves the purpose of cleaning, conditioning, and deodorizing the skin and hair of companion animals. In addition, manufacturers have also developed medicated shampoos with specific formulations to treat various skin-related problems and diseases in companion animals.

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The hairy coating of pets especially dogs and cats often get soiled, due to outdoor movements, which makes them highly prone to infections and bacterial growth caused due to flea and ticks. Medicated and problem specific solutions offered by manufacturers coupled with growing awareness in pet care have driven demand for pet shampoos and conditioners. Some of the popular furry dog breeds that require specialized shampoo and conditioner for grooming include Shih Tzu, Bernese Mountain Dog, Poodle, Golden Retriever, Chow Chow, and Yorkshire Terrier.

Grand View Research has segmented the global pet grooming product market on the basis of type, distribution channel:

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)

  • Offline
  • Online

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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