NEW YORK, September 4, 2023 /PRNewswire/ — According to Technavio, the pet grooming products market size is set to grow at a 5.85% CAGR from 2022 to 2027, with a staggering USD 6.9891 billion in this dynamic field. Market growth is primarily driven by the rising trend of pet humanization, where pets are increasingly considered part of the family, driving high demand for premium and health-oriented pet grooming products. product. This evolving sentiment among pet owners has translated into a willingness to invest in products that address the emotional well-being and comfort of pets, driving market expansion. Download the free sample report today to gain insights into market growth
Pet care products market segmentation
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Drivers, trends and challenges in the pet grooming products market
Market driver – Humanization of pets is driving the market growth.
Market trends – The popularity of pet fashion among owners is a major trend in the market.
Market challenges – Regulatory barriers for market vendors are challenging market growth.
For more information on market drivers, trends and challenges, get the sample report here for free
Pet care products are marketed by major companies
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Ancol Pet Products Ltd.
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Boss Holdings Inc.
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Coastal Pet Products Inc.
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Earth Paws Pvt. Ltd.
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Ferplast Spa
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Glenand
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Hagen group
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Himalaya Wellness Co.
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Johnsons Veterinary Products Ltd.
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MEDILOGY BIOTECH
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Mutneys Professional Pet Care Ltd.
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PawsnCollars
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Pet Brands Ltd.
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RESCO
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Rosewood Pet Products Ltd.
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SynergyLabs
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The Hounds Coat
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Wahl Clipper Corp.
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Hartz Mountain Corp.
To find out how these companies are contributing to market growth, download the free sample report here
The pet grooming products market is expected for impressive growth in the coming years. As pet humanization deepens and pet fashion trends evolve, this market reflects the evolving relationship between people and their pets.
Purchase the report today to gain detailed insights into the dynamic pet grooming products market with our comprehensive analysis report
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Pet Care Market: Pet Care Market size is estimated to grow at a CAGR of 6% between 2022 and 2027. The market size is estimated to increase by USD 72.82 billion. Market growth is dependent on several factors, including increasing pet ownership, shifting preference to natural and organic pet care products, and the humanization of pets.
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 expert analysts, Technavio’s report library consists of more than 17,000 reports and counts, covering 800 technologies, covering 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within the changing market situations.
Contacts
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Website: www.technavio.com/
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SOURCE Technavio
