The Impact of Pet Humanization on the Dog Grooming Products Market

Comments · 3 Views

dog grooming products market is set to witness significant growth in the coming decade. Valued at US$ 1.8 billion in 2023, the industry is projected to expand at a CAGR of 7.2% from 2024 to 2034

The global dog grooming products market is set to witness significant growth in the coming decade. Valued at US$ 1.8 billion in 2023, the industry is projected to expand at a CAGR of 7.2% from 2024 to 2034, reaching US$ 3.9 billion by the end of 2034. This growth is driven by the increasing trend of pet adoption, rising awareness about pet health and hygiene, and the growing popularity of plant-based grooming products.

Review critical insights and findings from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86062

Key Market Players

Prominent companies in the dog grooming products market include:

Ancol Pet Products Limited, Beaphar B.V., Central Garden & Pet Company, Coastal Pet Products, Inc., Ferplast S.p.A., Rolf C. Hagen, Inc., Spectrum Brands, Inc., SynergyLabs, The Hartz Mountain Corporation, and Wahl Clipper Corporation are the prominent dog grooming products market manufacturers.

Drivers of Market Growth

1. Surge in Expenditure on Pet Products and Services

Pet owners are increasingly prioritizing the health and welfare of their pets, leading to higher spending on grooming products. Regular grooming improves skin and coat health by removing dirt, parasites, and tangles.

According to the American Pet Products Association (APPA), the U.S. pet industry expenditure reached US$ 147 billion in 2023, with consistent growth expected through 2030.

Spending on pet food and treats alone amounted to US$ 64.4 billion in 2023, while grooming and other services contributed US$ 12.3 billion, reflecting a notable increase from the previous year.

This surge in expenditure highlights the growing awareness of the importance of pet hygiene and health, which is boosting the demand for grooming products.

2. Growth in Dog Ownership

Dog ownership has been on the rise globally, particularly in the United States.

The APPA’s 2023-2024 National Pet Owners Survey reveals that 66% of U.S. households, or 86.9 million homes, own pets, with 65.1 million households owning dogs.

Dogs are increasingly regarded as family members, contributing to emotional well-being and companionship, especially among the elderly population.

As dog ownership continues to grow, the demand for grooming products that promote health and hygiene is also rising. Grooming products play a crucial role in preventing potential health issues, further driving market growth.

Explore our report to uncover in-depth insights - https://www.transparencymarketresearch.com/dog-grooming-products-market.html

Regional Outlook

Asia Pacific: Leading Region in 2023

Asia Pacific dominated the dog grooming products market in 2023, driven by significant awareness and a large population of dogs.

Pet owners in the region are increasingly recognizing the health risks associated with poor grooming, such as overgrown nails leading to arthritis.

Rising disposable incomes and changing lifestyles are contributing to higher spending on pet care, presenting lucrative opportunities for industry players.

Contact:

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Comments