Pet Shampoo Market to Grow with a CAGR of 6.21% Globally through 2028
The global pet shampoo market is experiencing steady
growth, driven by increasing pet ownership, demand for organic and natural
products, and the pet grooming industry's expansion.
According to TechSci Research report, “Global Pet
Shampoo Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global Pet Shampoo Market stood at USD 494.5 Million
in 2022 and is anticipated to grow with a CAGR of 6.21% in the forecast period,
2024-2028. The Global Pet
Shampoo Market is experiencing robust growth driven by rising pet ownership,
increased awareness of pet hygiene, and the demand for specialized grooming
products. Natural and organic formulations, personalized and eco-friendly
options, and premium products are shaping consumer preferences. However, the
market faces challenges due to intense competition, regulatory complexities,
the need for consumer education, economic uncertainties, and sustainability
concerns. Online retail's dominance and the growth of the residential segment
are notable trends. As pet owners prioritize their pets' well-being and
grooming routines, the market is poised for continued expansion and innovation.
The Global Pet Shampoo Market is being propelled by a
confluence of powerful drivers, each contributing significantly to the market's
steady growth and transformation. These drivers reflect the evolving dynamics
of the pet care industry and changing consumer preferences, which are reshaping
the demand for pet grooming products, particularly shampoos.
Firstly, the continuous rise in pet ownership rates
around the world is a pivotal driver for the pet shampoo market. Pets,
particularly dogs and cats, have become an integral part of many households.
The emotional bonds that pet owners share with their furry companions are
growing stronger, leading to an increased emphasis on their overall well-being,
health, and hygiene. As a result, pet owners are seeking grooming products that
can help keep their pets clean, comfortable, and healthy, driving the demand for
pet shampoos.
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Secondly, the increasing awareness of pet hygiene and
grooming standards has become a key driver. Pet owners are recognizing the
importance of maintaining a regular grooming routine to ensure their pets'
health and appearance. This heightened awareness has led to a surge in the
demand for high-quality pet grooming products, including shampoos, that can
effectively cleanse, nourish, and protect their pets' skin and coat.
Thirdly, the professional pet grooming industry's
rapid expansion is another major driver. More pet owners are turning to
professional groomers to provide specialized grooming services for their pets.
These groomers rely on top-quality grooming products to achieve excellent
results. Consequently, there is a strong market for specialized pet shampoos
that cater to different coat types, skin conditions, and therapeutic needs,
driving innovation in product formulations.
Furthermore, the trend toward natural and organic
formulations is significantly influencing the pet shampoo market. Pet owners
are increasingly concerned about the ingredients used in grooming products and
are seeking safer, eco-friendly options for their pets. As a response,
manufacturers are creating pet shampoos with natural and organic ingredients,
free from harmful chemicals and synthetic fragrances. These formulations align
with broader consumer trends in health and wellness, further driving their popularity.
Lastly, the convenience of online retail and the
expansion of e-commerce channels have become indispensable drivers. Online
platforms provide pet owners with easy access to a vast array of pet grooming
products, including shampoos. Consumers can compare products, read reviews, and
make informed purchasing decisions from the comfort of their homes. This
convenience factor has not only increased product visibility but also
encouraged pet owners to explore different grooming options and experiment with
various brands.
In conclusion, the Global Pet Shampoo Market is
experiencing robust growth driven by the increasing rates of pet ownership,
growing awareness of pet hygiene, the expanding professional grooming industry,
the trend toward natural and organic formulations, and the convenience of
online retail. As pet owners continue to prioritize their pets' health,
cleanliness, and grooming routines, the pet shampoo market is poised for
sustained expansion and continued innovation in product offerings.
Online sales represent a rapidly growing segment
within the Global Pet Shampoo Market. Pet owners are increasingly turning to
e-commerce platforms for the convenience, accessibility, and wide product
selection they offer. Online retail enables consumers to compare brands, read
reviews, and purchase pet shampoos from the comfort of their homes. The digital
space also allows manufacturers to reach a global audience more easily,
expanding their customer base. The rise of online sales has transformed the way
pet owners shop for grooming products, contributing significantly to the
market's growth and influencing consumer preferences and purchasing behaviors
in the pet care industry.
Major companies operating in Global Pet Shampoo Market
are:
- Groomer's Choice;
- SynergyLabs
- Vet's Best
- Himalaya Herbal Healthcare
- Petco Animal Supplies, Inc.
- Logic Product Group LLC
- Wahl Clipper Corporation
- 4-Legger
- Earthwhile Endeavors, Inc.
- World For Pets
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“The Global Pet Shampoo Market is experiencing
substantial growth driven by factors like increasing pet ownership, heightened
awareness of pet hygiene, and a surge in the professional pet grooming
industry. Consumers are seeking specialized and natural formulations while
embracing online retail for convenient access to a wide range of products.
However, the market faces challenges from intense competition, regulatory
complexities, and the need for consumer education. Despite these challenges,
the market continues to evolve, with pet owners prioritizing their pets'
well-being and grooming routines. As a result, the pet shampoo market is
expected to maintain its growth trajectory, driven by innovation and changing
consumer preferences.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Pet Shampoo Market – Global Industry Size, Share,
Trends, Opportunity, and Forecast, Segmented By Animal Type (Dog, Cat), By
Application (Household, Commercial), By Sales Channel (Supermarket, Pet
Specialty Stores, Online, Others (Veterinary Clinics, Direct Sales, etc.)), By
Region, By Competition, 2018-2028”, has evaluated the future growth potential of Global
Pet Shampoo Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Pet Shampoo Market.
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