Pet Grooming Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2030

The value of pet grooming products shipped across the globe grew 5.3% year-on-year (Y-o-Y) in 2019, according to a new study from Future Market Insights (FMI). The firm’s recent global pet grooming tracker reveals that sales will decline to 2.9% y-o-y to around US$ 16 Bn in 2020.

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While supply shortages affected the market's capital performance in Q1 of 2020 and the initial weeks of Q2 of 2020, a sharp decline in consumer demand has been a key factor behind sales dip. COVID-19-induced lockdowns and measures have triggered physical retail closures for extended periods worldwide, leading to a notable decline in demand.

Pet Grooming Market Size Study
• Sales of pet grooming products will raise nearly twice over 2020-2030
• About 6 out of 10 pet grooming products to be sold will be conditioners & shampoos
• Majority of pet grooming products will be developed for dogs and cats
• Economy/mid-range pet grooming products continue to generate greater total returns to shareholders
• Market players to channelize their investments towards modern trade over the following decade
• North America and Europe will remain the epicenter of growth opportunities, owing to the surging trend of pet humanization

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By Segmentation:
Product Type
• Conditioners & Shampoos
• Combs & Brushes
• Shear & Trimming Tools
• Others
Pet Type
• Dogs
• Cats
• Birds
• Fish & Reptiles
• Small Pets
• Horses & Other Livestock
Price Range
• Economy/ Mid-range
• Premium
Sales Channel
• Modern Trade
• Convenience Stores
• Care Service Centres
• Online Retail
• Support Care Centres
• Pet Specialty Stores
Regional Outlook
• North America (US, and Canada)
• Latin America (Brazil, and Mexico)
• Europe (Germany, UK, Russia, France, and Italy)
• South Asia (India, Indonesia, and Thailand)
• East Asia (China, Japan, and South Korea)
• Oceania (Australia and New Zealand)
• Middle East & Africa (MEA) (Turkey, GCC Countries, and South Africa)

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Competitive Intelligence
The global pet grooming market is highly fragmented, with the presence of several players joining industry competition. Market players are continuously involved in developing cutting-edge products to expand their consumer base and, in turn, ensure better margins. For instance,
• Australia-based, Oakwood Products has rolled out an assembly of pet care and grooming products in the US. The products - derived from ingredients native to Australia - are developed to keep pets' coats professionally shiny and clean. The assembly includes nine product SKUs containing conditioners, shampoos, pet odor, and stain removers, and grooming tools.
• Atronia Innovations has developed a new pet grooming device – Groomade - using cutting-edge air-touch technology. The proprietary technology ensures that any non-skilled individual can trim, comb, and groom his/her pet’s hair and fur akin to professionals. Moreover, the innovative product creates perfect cuts, is ideal for all dog breeds' fur and coat types, and vacuums every hair strand that falls off during the grooming session.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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