In 2022, the pet perfume market size is estimated at US$ 1.4 Billion according to a recent report published by Future Market Insights. The demand for pet perfume is likely to grow with an anticipated CAGR of 5% through 2032, reaching a valuation of US$ 2.3 Billion by 2032.
The forecast period anticipates moderate growth in the pet perfume market as the significance of personal pet grooming rises, driving demand for pet perfume and facilitating a steady recovery in the short term. Moreover, there is a positive outlook for long-term growth in the pet perfume market.
Key trends and opportunities in the pet perfume market are expected to emerge from increased expenditure on personal pet products, coupled with ongoing innovation in pet perfume offerings, which will further bolster future trends in the market.
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A consumer primarily judges a product based on its features and its long-lastingness. A substantial number of customers are influenced by brand identity. However, not all of them establish brand constancy. Hence, enterprises must build a strong trademark and strengthen their presence across several channels which escalate the pet perfume market opportunities.
Consumers also judge them based on their efficiency. Therefore, products with higher characteristics are likely to enjoy better goodwill which will be drawn by better convenience and efficiency boosting the sales of pet perfume along with pet perfume market key trends and opportunities.
Consumers are increasingly adopting e-commerce sites to purchase pet grooming items, as they can offer a wide range of products with special discounts and prices. In addition, e-commerce websites also help make the products as per the specific requirements of the customer, even if the product is not available in the pet perfume market in a specific region.
Factors such as easy availability of products, convenience, and ease of shopping regardless of geographic conditions help promote the channel to purchase products like pet grooming products surging pet perfume market trends.
Key Players:
- Mipuchi
- Captain Zack
- Odo-Rite
- Alpha Aromatics
- Boltz
- Petveda
- Pets Empire
- Bodhi Dog
- Earth Bath
- South Barks
- Lambert Kay
- Guangzhou Yilong Daily Chemicals Company Ltd
- Borammy
- Melao
- Arm & Hammer
- Nature’s Miracle
- Vetnique Labs
Key Takeaways from the Pet Perfume Market Study:
- North America dominated the pet perfume market in 2021, due to the rising number of new product launches and rising pet grooming trends.
- East Asian and South Asian countries like China, Malaysia, Thailand, and Indonesia are developing as the largest pet perfume market. Numerous reasons are expected to contribute to the industry, like an increase in the pet population, etc.
- Most establishments depend on social media platforms including Facebook, Instagram, and YouTube to promote their products as one of the prominent pet perfume market
- By sales channel, e-commercial/online stores are anticipated to hold a noteworthy pet perfume market share of the sales of pet perfume.
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Market: Segmentation
By Form Type :
- Spray
- Liquid
- Oil
By Animal Type :
- Dogs
- Cats
- Birds
- Others
By Price Range :
- Mass
- Premium
By Ingredient Type :
- Alcoholic
- Non-Alcoholic
By Sales Channels :
- Veterinary Clinics
- Online Retailing
- Wholesalers/ Distributors
- Supermarkets/Hypermarkets
- Pharmacy/ Drugstores
- Convenience Store
- Pet Specialty Stores
- Other Sales Channel
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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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