Horse Grooming Products Market Size, Share, Growth, and Industry Analysis, By Type (Comb & Brush Tool, Clippers & Trimmer Tool, Shears & Nail Tool, Shampoo & Conditioners Cleaning and Others), By Application (Household and Commercial) and Regional Insights and Forecast to 2032

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HORSE GROOMING PRODUCTS MARKET REPORT OVERVIEW

The Horse Grooming Products Market size was valued at approximately USD 0.89 billion in 2023 and is expected to reach USD 1.35 billion by 2032, growing at a compound annual growth rate (CAGR) of about 4.6% from 2024 to 2032.

Horse grooming products are accessories which are very vital in the management and care of the horses as well as enhancing their beauty through their cleanliness. These products are meant to cater for different needs of the horses such as cleaning and specific grooming requirements.

COVID-19 Impact: Market Growth increased by the Pandemic due to Disruptions in Supply Chain

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

A number of disruptions were experienced especially in assembly processes due to lockdowns, social distancing, and disruption of the supply chain during the times of the pandemic. This resulted in the delay on the production and distribution of horse grooming products. There were also issues with supply chain disruptions in regard to other raw materials required for grooming products, experience shortages, and raise the expense for producers.

LATEST TRENDS

Sustainability and Eco-Friendly Products to Propel Market Growth

Green and environmental concerns have become one of the significant trends in the Horse Grooming Products market due to the growing consciousness of the individuals and the organization in recent years. This kind of change is visible in the modern society where grooming tools and products are increasingly being developed from sustainable biodegradable plastics and or natural fibers.

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HORSE GROOMING PRODUCTS MARKET SEGMENTATION

By Type

Based on type the market can be categorized into Comb & Brush Tool, Clippers & Trimmer Tool, Shears & Nail Tool, Shampoo & Conditioners Cleaning and Others.

• Comb & Brush Tool- These are soft shuffle types made of rubber or plastic and used to remove dirt, mud and loose hair from the coat of a horse. They are most often used in a circular motion to massage areas of the skin in order to promote circulation and clean the skin.

• Clippers & Trimmer Tool- These are electric or battery operated instruments used commonly for trimming and shearing the hair off the coat of the animals. Clippers are useful when one wants his horse to look neat and tidy and also because the larger areas take shorter time to groom.

• Shears & Nail Tool- Scissors or electric clippers are employed in depilling or styling of the coat of the horse. They are beneficial when one wants an appealing style and.Disabled when it comes to controlling huge or massive hair.

• Shampoo & Conditioners Cleaning- There are specific shampoos for horses because they are necessary to clean its coat, eliminate doubts and treat problems of the skin, as for example, dandruff and greasy hair. Mainly, they exist in different forms based on the kind of coat that the dog has and the specific needs that it might have.

By Application

Based on application the market can be categorized into Household and Commercial.

• Household- The grooming products act as substances that are purchased for basic care of horses by owners, which entails brushing, washing and maintaining the coat of a horse. These are curry combs, body brushes, hoe picks, and shampoos among others.

• Commercial- Working and boarding establishments require grooming products to enhance the well-being and look of the horses. This also encompasses bathing and grooming to help a avoid diseases as well as b maintain hygiene.

DRIVING FACTORS

Growing Equestrian Sports and Activities to Drive Market Advancement

One of the key driving factors in the Horse Grooming Products market growth is Growing Equestrian Sports and Activities. Among all factors affecting the Horse Grooming Products market, it is necessary to highlight the development of equestrian sports and activities which can partially explain the necessity of using grooming products and tools by horse owners. More people engage in competitive riding, show-jumping, dressage and other forms of horse riding; it becomes paramount to groom the horse more often and properly.

Focus on Horse Health and Well-being to Expand the Market

Concern with the health and welfare of horses are among the main driving forces in the Horse Grooming Products market, which points at the escalating importance of adhering to high standards of horse care. Gradually, horse owners and caretakers embraced preventive health care for the horses they own or are responsible for and this includes the grooming products that are essential for the horses ‘general health.

RESTRAINING FACTOR

High Costs Poses Potential Impediments to Market Growth

One of the threats that are limiting the Horse Grooming Products market include high costs that affect both the end users and the producers. Luxury grooming products contain hi-end raw material or possess sophisticated design and therefore, are expensive as well. These higher costs are less accommodating to cost-sensitive consumer groups, including those intending to own a horse on a small scale or individuals owning a small-scale riding stable.

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HORSE GROOMING PRODUCTS MARKET REGIONAL INSIGHTS

North America to Dominate the Market due to Established Market

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

North America has emerged as the most dominant region in the Horse Grooming Products market share due to a convergence of factors that propel its leadership in this dynamic industry. North America, especially the United State of America, is quite a developed market for horse grooming products. It is a region that specializes in horse riding activities and any other related activities which means that the people require grooming products.

KEY INDUSTRY PLAYERS

Key Industry Players Shaping the Horse Grooming Products Market through Innovation and Market Expansion

The Horse Grooming Products market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of Horse Grooming Products options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in Horse Grooming Products, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.

List of Top Horse Grooming Products Companies

• Natural Pet Innovations(U.S.)
• Bio-Groom(U.S.)
• Decker Manufacturing Company(U.S.)
• Vale Brothers Ltd(U.K.)
• Fabri-Tech Inc.(U.S.)

INDUSTRIAL DEVELOPMENT

June 2023: In this project, Zoetis Inc. became an official sponsor to The United States Pony Clubs, Inc. which ensured that the horses were given the best equine health products.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated time frame. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.