Global Pet Shampoo market will reach 663.4 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/9/12

The Pet Shampoo industry was 413.7 million USD in 2018 and is projected to reach 663.4 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 7.04% between 2019 and 2025. The product segment includes Dog Shampoo and Cat Shampoo.

The pet shampoo market is projected to expand at a significant rate during the forecast period. Pet shampoos are one of the major products in the Pet Shampoo market which has witnessed significant growth around the globe. A major driver for the rise in demand for pet shampoos is the rising pet care awareness and the specialized products offered by manufacturers. Additionally, the trend of adopting pets is also rising with more and more families opting for more than one pet. However, the lack of multi functionality of the products and also the lack of effect durability is considered to be a restraint to the market. Multifunctional pet shampoos have a rising demand due to the pet habits of getting dirty and at the same time getting infected by flea and ticks, and other bacteria; however, these shampoos are available at higher prices compared to the specialized ones.

The industry is relatively fragmented, the key brand include Spectrum Brands, Hartz, Central, Garden & Pet Company, Wahl Clipper Corporation, Rolf C. Hagen, Beaphar, Earthbath, Bio-Groom, TropiClean, Cardinal Laboratories, 4-Legger, Worldforpets, Lambert Kay (PBI-Gordon), Davis Manufacturing, SynergyLabs, Miracle Care, Burt's Bees, Logic Product and so on. The report segments the market based on product, distribution channel, and geography.

Geographically, North America accounts for the highest share in the global Pet Shampoo products market. Adoption of specialized, advanced, and premium Pet Shampoo products in the U.S. is expected to strengthen the growth of the North America Pet Shampoo products market. Moreover, increase in disposable income and rise in popularity of Pet Shampoo products in the emerging economies, such as China and India, are expected to upsurge the demand for Pet Shampoo products in Asia-Pacific.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.  

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