checkAd

    Pet Grooming Product Market Size Worth $14.5 Billion by 2025  112  0 Kommentare Grand View Research, Inc.

    SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ -- The global pet grooming products market size is expected to reach USD 14.5 billion by 2025, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing pet adoption and growing awareness about their hygiene are some of the factors driving the demand for pet grooming product.

    Grand View Research Logo

    Key suggestions from the report:

    • The global pet grooming products market is expected to exhibit a CAGR of 5.7% from 2019 to 2025, thereby reaching a value of USD 14.5 billion by 2025
    • North America is estimated to be the largest market accounting for a share of more than 50% by 2025, driven majorly by the high adoption rates of companion animals among households
    • The shampoo and conditioner segment accounted for the highest revenue share of about 52% in 2018 and is expected to grow with a CAGR of 5.9% over the forecast period
    • Offline distribution accounted for a major share of more than 70% in 2018, whereas online distribution is projected to witness fastest CAGR over the forecast period.

    Read 80 page research report with ToC on "Pet Grooming Products Market Size, Share & Trends Analysis Report By Type (Shampoo & Conditioner, Shear & Trimming Tools, Comb & Brush), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 - 2025'' at: www.grandviewresearch.com/industry-analysis/pet-grooming-products-market

    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.

    Increasing adoption of pets by domestic households have opened up potential opportunities for new entrants in the market especially through online platforms. Some of the e-commerce distributors of pet products include Amazon.com; Petco Animal Supplies, Inc.; PetSmart Inc.; PetMed Express, Inc.; TABcom LLC; BarkBox; PetFlow; and Bulk Reef Supply.

    Seite 1 von 3



    PR Newswire (engl.)
    0 Follower
    Autor folgen
    Verfasst von PR Newswire (engl.)
    Pet Grooming Product Market Size Worth $14.5 Billion by 2025 Grand View Research, Inc. SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ - The global pet grooming products market size is expected to reach USD 14.5 billion by 2025, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Increasing pet adoption and …