Pet Grooming Products Market is Expected to Reach Nearly USD 22.88 Billion by 2031

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Pet Grooming Products Market 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.

Browse Full Report Details for Accurate Information @ https://www.kingsresearch.com/pet-grooming-products-market-1048

According to the International Trade Administration in 2024, the e-commerce market in the Asia-Pacificwas valued at USD 19.3 trillion in 2023 and is expected to reach USD 28.9 trillion by 2026.

Key Industry Developments:

August 2023 (Product Launch): Veterinary Formula, a subsidiary of SynergyLabs recognized for its vet-recommended, science-driven pet health and wellness products, unveiled its rebrand at SUPERZOO 2023. The rebrand includes a modern update to the packaging of its supplements, treats, and grooming products. The new packaging design features QR codes that direct customers to the company’s website, where they can access product information, reviews, and video resources.

List of Key Companies in Pet Grooming Products Market

  • Groomer’s Choice
  • Tecla Company Inc. (Resco Pet Products)
  • Spectrum Brands Inc.
  • Petco Animal Supplies, Inc.
  • Coastal Pet Products
  • Compana
  • 4-Legger
  • World 4 Pets
  • Earthwhile Endeavors, Inc. 
  • SynergyLabs

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.

Competitive Landscapes:

The global pet grooming products market report provides valuable insights with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies, such as partnerships, mergers and acquisitions, product innovations, and joint ventures, to expand their product portfolio and increase their market shares in different regions.

Strategic initiatives, including investments in R&D activities, establishment of new manufacturing facilities, and supply chain optimization, could create new opportunities for the market growth.

Pet Grooming Products market has been segmented:

By Product Types:

  • Shampoos and Conditioners
  • Combs and Brushes
  • Dental Care Products
  • Nail Care Products
  • Others

By Pet Types:

  • Dog
  • Cat
  • Others

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