In 2023, the current valuation of the global pet bathing supplies market is US$ 8,565.0 million. During the forecast period, the market is projected to have an average-paced CAGR of 6.0%. By the year 2033, the market value of pet bathing supplies is anticipated to reach a high of US$ 15,338.6 million.
The global pet bathing supplies market is experiencing an unprecedented surge driven by the growing concern of pet owners regarding the maintenance, health, and well-being of their animals. Expert analysts at FMI have observed an increase in the concept of pet parenting and the adoption of advanced pet care practices. With the economy progressing and pet owners having higher disposable income, there is a growing affordability for pet care products, which is expected to further fuel the market size of pet bathing supplies.
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A rapid expansion can also be seen in pet care services and grooming salons, creating a demand for bathing supplies. These bathing supplies are also seeing innovation and technological growth and expansion, giving them a boost in the market.
A trend for pet health and wellness, along with the humanization of pets is another causative factor for the growing market. Family members and people with a fascination for showing off their pets, an escalation in pet shows, exhibitions, and competitions can also be seen simultaneously.
Future Market Insights has observed that due to the growth of e-commerce platforms and easier accessibility, the pet bathing supplies market is also benefitting greatly.
Key Takeaways:
- The North American region dominates the pet bathing supplies market with a substantial market share of 47.8% in 2022, showcasing its strong position as a leading consumer and provider of pet grooming products.
- The Europe region commands a notable market share of 22.6% in the pet bathing supplies market in 2022, reflecting the region’s affinity for pet care and grooming.
- The United States holds a dominant market share of 44.6% in the pet bathing supplies market in 2022, indicating the country’s significant contribution to the industry.
- Germany maintains a market share of 5.2% in the pet bathing supplies market in 2022, highlighting the country’s commitment to pet care and grooming practices.
- Japan accounts for 4.1% of the market share in the pet bathing supplies market in 2022, reflecting the country’s dedication to pet welfare and grooming traditions.
- Australia contributes to the pet bathing supplies market with a market share of 2.1% in 2022, highlighting the country’s commitment to pet care and hygiene.
- China exhibits a compound annual growth rate (CAGR) of 7.8% in the pet bathing supplies market in 2022, reflecting the country’s increasing pet ownership rates and evolving pet care practices.
- India experiences a robust CAGR of 8.4% in the pet bathing supplies market in 2022, indicating the country’s expanding pet ownership culture and the growing emphasis on pet hygiene.
- The United Kingdom showcases a CAGR of 5.7% in the pet bathing supplies market in 2022, reflecting the country’s steady growth and demand for pet care and grooming products.
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Competitive Landscape:
Leading players in the global pet bathing supplies market are investing in research and development to bring more organically-sourced products into the market. These companies are also bettering their promotional strategies by starting online campaigns, using the influence of celebrities, and raising product awareness in general.
They are promoting innovation in their range of shampoos and conditioners for pets. They are also involving themselves in mergers and acquisitions with other companies as well.
Some leading companies are:
- Groomer’s Choice
- Rosewood Pet Products
- Resco
- Hagen Inc.
- Spectrum Brand Holdings
- PetEdge
- Petco Animal Supplies Inc.
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Key Segments in the Pet Bathing Supplies Market
By Product Type:
- Conditioners & Shampoos
- Massage brushes/ Scrubber
- Pet bathtub/ swimming pool
- Pet towel
- Soap
By Pet Type:
- Dogs
- Cats
- Birds
- Fish & Reptiles
- Small Pets
- Horses & Other Livestock
By Sales Channel:
- Modern Trade
- Convenience Stores
- Care Service Centers
- Online Retail
- Support Care Centers
- Pet Specialty Stores
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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