The global pet shampoo market size is expected to reach USD 757.7 million
by 2025, according to a new report by Grand View Research, Inc. It is
anticipated to register a CAGR of 6.4% during the forecast period. Increasing
rate of pet adoption among millennials is expected to remain a key growth
driver. In addition, rising awareness about animal health and hygiene among the
pet owners is expected to fuel the product demand.
Dog products segment held the leading
market share exceeding 30% in 2018. The dog adoption rate has been increasing
in countries, including U.S., Argentina, Mexico, Brazil, U.K, Russia, China,
Japan, Philippines, and India. This trend is anticipated to boost the demand
for dog shampoos in the upcoming years.
The commercial application segment held the
largest market share of over 60% in 2018. Growing number of pet stores on a
global level has been driving the application in the commercial sector.
Furthermore, the bulk requirements from the growing animal boarding and
grooming services has been impacting the market positively.
The online distribution channel is expected
to witness the fastest growth in near future. The prominent e-commerce players
in the pet shampoo market include Amazon; PetSmart Inc.; BarkBox; Petco Animal
Supplies, Inc.; PetFlow; Bulk Reef Supply; TABcom LLC; and PetMed Express, Inc.
Asia Pacific is anticipated to register the
fastest CAGR of 13.8% from 2019 to 2025. China, Australia, India, South Korea,
and Philippines are the major economies in the region. Rapid pace of
urbanization along with the increasing purchasing power of consumers is
expected to boost the regional market growth in near future.
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https://www.grandviewresearch.com/industry-analysis/pet-shampoo-market
https://www.grandviewresearch.com/industry-analysis/pet-shampoo-market
Further key findings from the report suggest:
· Household application is expected register
the fastest CAGR of 6.7% from 2019 to 2025
· Commercial segment held the largest market
share of more than 50% in terms of revenue in 2018
· Offline distribution channel held the
leading market share of around 90% in 2018
· Online distribution channel is expected
expand at the fastest CAGR of more than 10% during the forecast period
· The key competitors in the market include
Groomer's Choice; SynergyLabs; Vet's Best; Himalaya Herbal Healthcare; Petco
Animal Supplies, Inc.; Logic Product Group LLC; Wahl Clipper Corporation;
4-Legger; Earthwhile Endeavors, Inc.; and World For Pets
Grand View Research has segmented the
global pet shampoo market on the basis of animal, application, distribution
channel, and region:
Pet Shampoo Animal Outlook (Revenue, USD
Million, 2015 - 2025)
·
Dog
·
Cat
·
Others
Pet Shampoo Application Outlook (Revenue,
USD Million, 2015 - 2025)
·
Household
·
Commercial
Pet Shampoo Distribution Channel Outlook
(Revenue, USD Million, 2015 - 2025)
·
Offline
·
Online
Pet Shampoo Region Outlook (Revenue, USD
Million, 2015 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
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.