As per newly released data, the pet shampoo market is estimated to reach a market valuation of USD 583.1 million in 2024. It is projected to reach USD 1,024.7 million by 2034, exhibiting a CAGR of 5.8% from 2024 to 2034.
The share of the pet shampoo market in its parent market (Pet Grooming Products Market) is approximately ~30%-40%.
| Attribute | Details |
|---|---|
| Current Pet Shampoo Market Size (2023A) | USD 550.1 Million |
| Estimated Pet Shampoo Market Size (2024E) | ~USD 583.1 Million |
| Projected Pet Shampoo Market Size (2034F) | ~USD 1,024.7 Million |
| Value CAGR (2024 to 2034) | ~5.8% |
| Pet Shampoo Market Top Players Share in 2023 | ~20%-25% |
Key Points Covered in Pet Shampoo Market Survey
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Increasing consciousness of pet health and hygiene among pet owners is driving the growth in the market. Furthermore, rising pet adoption is estimated to accelerate product demand with a CAGR of 5.8% during the forecast period. On the other hand, the target market witnessed a CAGR of 4.3% during the historic period from 2019 to 2023.
Shampoo is one the most crucial products used for pets to keep them hygienic, and clean, and to keep up the shine and brilliance of the pet skin. It also prevents common skin problems associated with bacteria, fleas, mites, and others. All of these factors should have a positive impact on product demand. The demand for the target product has also risen due to a wide range of fragrances for the product becoming available.
In recent years, people have been willing to spend more on premium pet products for their pets. Spending on the humanization of pets is increasing significantly around the world. This factor is expected to drive demand for hygienic products, including shampoos, in the coming years.
Increasing Awareness Surrounding Personal and Pet Hygiene Leading to Boost in Product Sales
Rising awareness about personal and pet well-being and hygiene in key economies universally is the key development driver in the pet shampoo market. Additionally, the expanding number of pet animals in families is anticipated to be driving the demand for pet grooming-related products in the upcoming years. Additionally, the consumption of pet health-related products has increased over the past few years and the expenses are projected to achieve a new high in the future.
Accordingly, the interest in pet shampoos has experienced a boost and subsequently pushed the general market to a new progression level. Headways in global sales of existing items could assist with reinforcing the development of the different regional pet shampoo markets. The accessibility of pet shampoo on various web-based business sites could likewise demonstrate assistance for market development, in the future years.
Besides, the increasing dog and cat population is expected to make the biggest contribution to the general pet shampoo market over the coming years because of the expanding pet shampoo interest for dogs and cats in new pet families, worldwide.
Multi-Functional Product Offerings Are Positioning as Key Drivers of the Market
The demand for pet shampoo is rising due to various key reasons such as it keeps the pets clean and hygienic, additionally, it helps the appearance of pets. Moreover, it helps the pets from several skin problems such as fungal, flu, and other skin conditions. The shampoo is also available in a wide range of fragrances which also raises the demand for pet shampoo.
Over the years the number of pet owners willing to spend more for their pets has increased significantly over the world. These factors are leading to an increase in the demand for pet shampoo and eventually drive the pet shampoo market to a new level.
Additionally, the growing number of pet shops and pet care centres is also a major contributing factor towards the growth in demand for the target product.
Increasing Healthcare Concern for Pets Is Driving the Market
In North America, the USA contributes to a significant portion of the pet shampoo market as the country has witnessed a rise in the adoption of pets and increasing pet healthcare which are the key substantiating factors that lead the USA to be the largest pet shampoo market, by country.
Further, pet owners are spending more on their pets' health and hygiene. The rising number of domestic pets is leading to increased demand for pet shampoo. Besides, the introduction of a new line of natural and organic pet shampoo by the manufacturers is gaining traction from the consumers' end, alternatively, leading to an increased volume of sales of the target product.
Increase in Pet Adoption in the Urban Areas Is Driving the Chinese Market
China is one of the fastest-growing countries in the pet shampoo market due to urbanization. The adoption of pets has risen rapidly over the past few decades. China’s pet grooming market is still dominated by basic needs such as cleaning. This has been reflected in the growth in the pet shampoo market. As a result, the pet shampoo market is forecast to increase steadily in the forecast period.
Increasing Awareness Towards Pet Grooming Is Driving the Target Market in the UK
The UK is a country that places more importance on health and hygiene which leads the country to witness strong growth in the global pet shampoo market. Further, the rising number of pet owners is a major factor in the pet shampoo market in the UK.
The increased awareness of pet grooming on the back of the availability and visibility of numerous new products on store shelves is another factor boosting sales in the country. The UK pet shampoo market is anticipated to witness a CAGR of 4.2% during the forecast period from 2024 to 2034.
The Availability of a Wide Range of Pet Products to Boost Product Sales
The offline distribution channel held the largest market share of over ~80% in terms of revenue in 2023. Hypermarkets and supermarkets have been capturing a significant share on a global level among offline distribution channels.
The availability of a wide range of products in these stores will remain one of the key driving factors. In offline distribution channels, pet owners are more likely to be aware of the products and their uses by self-research. This is backed by the increasing number of pet shampoo promotions and advertisements from the brands available in the market.
Rising Skin Allergy in Pets Leading to Increase in the Demand for Natural/Organic Pet Shampoo
Pet owners are concerned about their pets’ health and hygiene; hence they prefer to use natural and organic shampoo for their pets. Sometimes the chemical shampoo/products may cause allergies and negative impacts on the pets. Organic shampoo is gentle and non-irritating on a pet’s skin as it contains pure and natural ingredients, moreover, it helps to clean the pet’s coat and provide shiny and healthy fur which is witnessing an increased focus of consumers towards the natural/organic pet shampoo.
The global pet shampoo market is highly competitive, with the presence of a few noticeable players. A significant number of these players are contributing towards capturing a substantial share of the target market in the overall global market and the trend is anticipated to continue throughout the forecast period.
For Instances
| Attribute | Details |
|---|---|
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | USD Million for Value |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; and the Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, Benelux, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand |
| Key Segments Covered | Pets Type, Product Type, By Treatment Type, Price Range, Sales Channel, Region |
| Key Companies Profiled | Petco Animal Supplies, Inc.; Earthwhile Endeavours, Inc.; Barklogic; Wildwash; Spectrum Brands Inc.; Petkin Inc.; Earthbath; Logic Product Group LLC; Wahl Clipper Corporation; 4-Legger; Earthwhile Endeavors, Inc.; World For Pets; Groomer's Choice; SynergyLabs; Other (as per request) |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The pet shampoo market reached a valuation of ~USD 550.1 million in 2023.
Leading players in the global pet shampoo market are estimated to account for approximately ~20%-25% of the total market share.
The leading players in pet shampoo markets are Petco Animal Supplies, Inc., Earthbath, Earthwhile Endeavours, Inc., and Wildwash among others.
The global pet shampoo market is expected to grow at a CAGR of ~5.8% CAGR between 2024 and 2034.
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Pet Shampoo Market
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