The Pet Care Products Market Size is valued at 141.72 billion in 2022 and is predicted to reach 212.17 billion by the year 2031 at a 4.8% CAGR during the forecast period for 2023-2031.
Mobile pet grooming is one of the expanding profitable companion animal service industries. Due to pet owners' hectic schedules, there is a greater need for mobile pet grooming. Older people, who tend to have limited mobility, can benefit from mobile grooming services. Pet owners' increasing awareness of the benefits of mobile pet services is a major factor driving the demand for pet care services. These services include specialized care, individualized attention, and limited contact with other pets. To support the expansion of the market, these service providers also provide brushing, skilled shampooing, nail trimming, and other grooming services for dogs and cats.
The industry for pet care goods is expanding due to increasing pet adoption and expenditure due to rapid urbanization and rising disposable income. Pet care items are becoming more widely available in India due to the country's expanding distribution systems. The market expansion for pet care products in India is driven by the increasing presence of retail establishments like hypermarkets and convenience stores in tier-II and tier-III cities.
Additionally, the growing popularity of online retail stores like Amazon, Big Basket, and Flipkart makes pet care products easier to access, fueling market expansion. The industry is also anticipated to expand profitably due to pet owners' rising spending on items linked to their care, including food, medical treatment, and grooming. The direct-to-consumer (D2C) services craze is helping India's pet care goods sector, as is the penetration of numerous foreign firms. Furthermore, the proliferation of pet-related businesses in the area, including spas and specialty shops, is having a big impact on the industry. Adopting various techniques to measure and monitor pets' health is boosting consumer demand for pet care, fostering the sector's expansion. The sector for pet care products is expanding thanks in part to the main companies' expansion of their product lines.
Competitive Landscape:
Some of the major key players in the Pet Care Products market are:
- Ancol Pet Products Limited
- Blue Buffalo Co., Ltd
- Champion Petfoods LP;
- Hill's Pet Nutrition, Inc.
- Mars, Incorporated
- Nestle Purina PetCare
- Petmate Holdings Co
- Saturn Petcare GmbH
- Tail Blazers
- The Hartz Mountain Corporation
Market Segmentation:
The pet care products market is segmented based on pet type and type. The market is segmented as dog, cat, fish, bird, and others based on pet type. By pet type, the market is segmented into products, pet litter, pet grooming products, fashion, toys, and accessories, food, dry food, wet/ canned and treats/ snacks.
Based On Product, The Dog Segment Is A Major Contributor To The Pet Care Products Market
The dog category will hold a significant share of the global pet care products market in 2022. Dogs are the most popular pet worldwide, and their owners are spending more money on goods to improve their general care and well-being. Due to considerations including companionship, emotional support, and the function of dogs as family members, dog ownership is rising. The number of dog owners creates a more significant client base for pet care products, such as food, grooming, healthcare, toys, and accessories. The need for grooming products is still rising as dog owners prioritize their pets' looks and health.
The Grooming Products Segment Witnessed Growth At A Rapid Rate
The grooming products segment is projected to grow rapidly in the global pet care products market. The pet care industry offers grooming items for various animals, including dogs, cats, small mammals, and birds. Manufacturers provide multiple solutions, considering different aspects such as breed, coat type, sensitivity, and particular grooming requirements.
Pet grooming supplies give owners the equipment and goods required to maintain their pets' hygiene, attractiveness, and general comfort, contributing to their overall care and well-being. Items for pet grooming are quite important in the market for pet items. These goods are intended to keep pets clean, presentable, and healthy. Products for pet grooming cover a range of grooming needs, including washing, brushing, coat care, dental care, nail care, and more.
The North American Pet Care Products Market Holds A Significant Regional Revenue Share
The North American pet care products market is expected to register a tremendous market share in revenue shortly. North American pet owners increasingly seek high-end, luxury pet care items. They are prepared to pay extra for goods that provide higher nutrition, all-natural and organic components, and custom formulations to meet the individual requirements of their pets. This pattern has caused the market's premium and specialized product sectors to grow.
Due to rising pet ownership and the close relationship between pets and their owners, the North American pet care products market is a strong and expanding business. One of the biggest markets for pet care goods worldwide is North America. In addition, the Asia Pacific region is anticipated to grow rapidly in the global Pet Care Products market. The market for pet care products has enormous growth potential in the Asia Pacific area. The market in this region is expanding and becoming more diverse due to increased disposable incomes, premiumization tendencies, a focus on pet health and well-being, developing e-commerce platforms, and cultural quirks.
Pet Care Products Market Report Scope:
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Report Attribute |
Specifications |
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Market Size Value In 2022 |
USD 141.72 Billion |
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Revenue Forecast In 2031 |
USD 212.17 Billion |
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Growth Rate CAGR |
CAGR of 4.8% from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Offering, By Workflow, By Technology, By Sample Type, By End User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Ancol Pet Products Limited; Blue Buffalo Co., Ltd.; Champion Petfoods LP; Hill`s Pet Nutrition, Inc.; Mars, Incorporated; Nestle Purina PetCare; Petmate Holdings Co; Saturn Petcare GmbH; Tail Blazers; The Hartz Mountain Corporation. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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