Global Pet Cosmetics Market Report 2024: Growth Rate, Major Segments And Regions

The Pet Cosmetics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Pet Cosmetics Global Market Report 2024, The pet cosmetics market size is expected to see strong growth in the next few years. It will grow to $2.6 billion in 2028 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to continued growth in pet ownership and pet humanization trends, advances in pet grooming and hygiene products, increasing demand for natural and organic pet cosmetics, the expansion of e-commerce platforms for pet products, and rising awareness of pet health and wellness. Major trends in the forecast period include premium and specialized pet cosmetics, increased focus on sustainable and eco-friendly products, customization and personalization of pet grooming products, the adoption of mobile grooming services, and the integration of technology in pet grooming, such as smart grooming tools and apps.

The increasing adoption of companion animals is expected to propel the growth of the pet cosmetics market going forward. Companion animals refer to domesticated animals, such as dogs, cats, birds, and other pets, kept primarily for companionship and emotional support rather than utility or work purposes. Emotional, psychological, and sociological variables contribute to the increasing demand for companion animals. With individuals increasingly appreciating the multiple benefits of pet ownership, from improved mental health to enhanced lifestyle, the trend of adopting and caring for companion animals continues to increase. Pet cosmetics maintain and enhance companion animals' hygiene, appearance, and overall well-being, promoting their health and comfort. For instance, in April 2024, according to the American Pet Products Association, a US-based non-profit association, in 2023, 86.9 million US households owned a pet, which accounts for 66% as compared to 62% in 2022. Therefore, the increasing adoption of companion animals is driving the growth of the pet cosmetics market.

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The pet cosmetics market covered in this report is segmented –

1) By Product Type: Shampoo, Conditioner, Skin Powder, Perfume, Eye Care Lotion, Moisturizing Balm
2) By Price: Low, Medium, High
3) By Pet Type: Dogs, Cats, Other Types
4) By Distribution Channel: Online, Offline
5) By End Users: Individual Pet Owners, Professional Pet Groomers

Major companies operating in the pet cosmetics market are focusing on natural and sustainably sourced ingredients in products, such as organic shampoo, to appeal to environmentally conscious consumers and enhance the brand's reputation for ethical and responsible product offerings. Organic shampoo is a natural cleaning solution for dogs that uses plant-based substances to soothe and nourish skin while thoroughly washing the coat without harsh chemicals. For instance, in July 2023, OM Botanical, a US-based company, introduced a plant-based conditioning dog shampoo designed to be gentle yet effective, cleansing pets while smoothing and detangling their coats. This product utilizes natural ingredients like aloe and plantain leaf extract to moisturize and soothe irritated or sensitive skin while also deodorizing to remove odors from outdoor adventures. The emphasis on natural, sustainable ingredients aligns with consumer preferences for ethical and responsible pet care products, enhancing OM Botanical's brand reputation and appeal among environmentally conscious pet owners.

The pet cosmetics market report table of contents includes:
1. Executive Summary

2. Pet Cosmetics Market Characteristics

3. Pet Cosmetics Market Trends And Strategies

4. Pet Cosmetics Market - Macro Economic Scenario

5. Global Pet Cosmetics Market Size and Growth

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32. Global Pet Cosmetics Market Competitive Benchmarking

33. Global Pet Cosmetics Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Pet Cosmetics Market

35. Pet Cosmetics Market Future Outlook and Potential Analysis

36. Appendix

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