Pet Grooming Products Market Rapid Growth, Market Forecast Surges to USD 22.88 billion by 2031
Pet Grooming Products Market Size, Share, Growth & Industry Analysis, By Product Type (Shampoos and Conditioners, Combs and Brushes & Others), By Pet Type (Dog, Cat, Others), By Distribution Channel (Pet Specialty Stores, Veterinary Clinics, Online Retailers), and Regional Analysis, 2024-2031″
The global Pet Grooming Products Market size was valued at USD 14.19 billion in 2023 and is projected to grow from USD 14.97 billion in 2024 to USD 22.88 billion by 2031, exhibiting a CAGR of 6.25% during the forecast period. The global market is significantly driven by the increasing humanization of pets, leading to higher spending on grooming products.
List of Key Companies in Pet Grooming Products Market
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Key players in the market, including well-established brands and emerging companies, are actively expanding their portfolios to include innovative and premium grooming products. Strategic partnerships, product launches, and collaborations are common strategies used to strengthen market positioning. The market is expected to remain competitive, with new entrants introducing advanced grooming solutions, while existing players continue to innovate to meet evolving customer expectations.
Moreover, the COVID-19 pandemic has further accentuated the importance of pet hygiene, as more people adopted pets during lockdowns, leading to a surge in the demand for grooming products. Additionally, many pet owners have turned to online shopping, which has become a prominent channel for purchasing grooming products. This shift towards e-commerce is likely to persist even post-pandemic, providing a further boost to market growth.
Regulatory standards concerning pet grooming products are also playing a crucial role in shaping the market. Authorities in various regions have imposed strict guidelines on the ingredients used in pet grooming products, particularly concerning safety and environmental impact. This has prompted companies to reformulate products and focus on ensuring compliance with these regulations to avoid market entry barriers.
With increasing awareness of pet wellness, innovations in product offerings, and favorable market dynamics, the pet grooming products market holds great potential for sustained growth in the coming years.
Pet Grooming Products market has been segmented:
By Product Type
By Pet Type
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