Pet Hygiene Products Market REPORT OVERVIEW
- Request a Free sample to learn more about this report
The global pet hygiene products market size was USD 1124.4 million in 2021 and market is expected to reach USD 1676.16 million in 2031, exhibiting a CAGR of 4.0% during the forecast period. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Pets captivate people all across the world. Pet ownership has dramatically expanded during the past few years. Along with this, individuals have begun to invest a sizable portion of their income in the health and well-being of their dogs. The pet hygiene products market is also greatly influenced by the rapidly expanding urbanization of developing nations. Cats, dogs, and other pets are the most popular because they are simpler to personalize and spoil than larger creatures. The expansion of the cat care and accessory businesses is significantly attributed to the growing popularity of cats as pets among pet owners today.
Pet hygiene products are gaining popularity as people place more value on the health and welfare of animals. Currently, the pet hygiene products market is swamped with goods for caring for animals, including those in the feeding, hygiene, toy, and other major sectors. Pet owners are prepared to pay extra money to provide their furry companions with the ideal living conditions. Pet feeders, bowls, and accessories have become more and more popular recently. Additionally, people are changing their lifestyles to contribute to the reduction of the ecological footprint of daily life, which includes pet products. Instead of using plastics, a sizable portion of pet accessories is created from more environmentally friendly and recyclable materials. Additionally, rising consumer awareness of pet-related products is helping the business expand.
COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth
The worldwide pet hygiene products market is under pressure due to the COVID-19 outbreak. Investors are uncertain as to whether the rise in pet care spending will change or remain the same as the COVID-19 problem develops because of the pandemic's uncertain short-term effects. The pet hygiene products market’s potential for long-term growth is untouched notwithstanding some setbacks caused by COVID-19 lockdown measures implemented globally. The current rise in pet ownership in several nations is also attributed to the fact that people who are housebound are adopting and caring for more dogs.
LATEST TRENDS
"Growing Pet Humanization Trend to Boost Market Growth"
With growing customer interest in treating pets as members of their family, the pet humanization trend is having a beneficial impact on the pet hygiene products market's expansion. Because larger pets require more maintenance than smaller dogs do, urbanization is forcing individuals into smaller spaces where they cannot afford to keep them. Compared to larger pets, small pets are significantly more likely to receive attention and humanization. Natural, better-quality, and safer than standard pet hygiene products are premium pet care products. Numerous businesses want to develop top-notch pet care goods in response to the rising demand for high-end pet hygiene products on a global scale to capture significant market shares in this industry.
Pet Hygiene Products Market Segmentation
- Request a Free sample to learn more about this report
- By Type Analysis
As per the type, the market is classified as follows: Pet Pee Pad and Pet Diaper. Pet pee pad is the leading segment in the pet hygiene products market share.
- By Application Analysis
Based on application, the market is segmented as follows: Pet Shops, Pet hospitals, Supermarkets, and Online. Pet shops dominate the pet hygiene products market share.
DRIVING FACTORS
"Pet Fashion Among Pet Owners to Facilitate Market Development"
The pet hygiene products market is likely to have significant growth during the forecast period as a result of how well-liked pet fashion is among pet owners. Some pet owners take great care to showcase their lifestyles by investing in comfy and opulent goods for their animals. This incites rival companies to introduce a ton of fresh, personalized products in the pet grooming services sector. Customers want a pet companion to fill the void in their families. Due to indulgent pet owners who are willing to spend a lot of money to ensure their pets have the highest quality of life, these factors have led to a market dominated by small animals like cats and dogs. This has increased the demand for pet hygiene products.
"Cultural Change in Various Countries to Promote Industry Progress"
Cultural changes are the reason for the majority of pet hygiene products market expansion. As millennial and Generation Z consumers have reached adulthood, they have much more fully embraced their lives as pet owners and pet lovers than their forebears. In 2020, households headed by millennials will make up around 60% of homes with pets, while households headed by baby boomers will make up about 30% of families with pets. Additionally, there is a clear desire among pet owners to understand more about problems with pet health. They are advocating for preventive care for companion animals. Responsible pet ownership has therefore grown in popularity over the past few years. Additionally, this is a significant trend that is propelling the sale of pet hygiene products and, consequently, the pet hygiene products market.
RESTRAINING FACTORS
"Rising Cost of High-Quality Pet Hygiene Products to Hinder Market Growth"
The pet hygiene products market is nevertheless expected to face a number of obstacles including those related to governments, carrying out tasks like regulating and monitoring. The government is involved in various aspects of the pet hygiene products market supply chain. It is anticipated that demand among those with lesser incomes will be constrained by the rising cost of high-quality pet hygiene products. Additionally, it is projected that the unclean living conditions of dogs would limit pet hygiene products market growth because it is unknown whether animal-borne illnesses including stomach pain, diarrhea, and others will affect owners. The unclear regulations governing the labeling and advertising of pet care goods are also anticipated to limit businesses' profit margins.
Pet Hygiene Products Market REGIONAL INSIGHTS
- Request a Free sample to learn more about this report
"Increase in Demand to Propel Market Progress in North America"
In terms of users and the range of items on offer, the pet hygiene products market in North America is well developed. Sales of pet hygiene products in North America are being significantly boosted by premiumization. As a result of the problems associated with obesity in pets like dogs and cats, there is an increasing demand for pet hygiene products among US customers. Manufacturers now have a better chance to introduce items with additional value and high-quality ingredients to satisfy consumers' growing demand for high-end goods. The need for pet hygiene products is increasing as more products are released with high-quality ingredients.
KEY MARKET PLAYERS
"Market Players Focus on New Product Launches to Strengthen Market Position"
Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.
List of Market Players Profiled
- Tianjin Yiyi (China)
- Hartz (Unicharm) (Japan)
- U-Play Corporation (U.S.)
- Jiangsu Zhongheng (China)
- Four Paws (Central Garden & Pet) (Japan)
- JiangXi SenCen (China)
- IRIS OHYAMA (Japan)
- Richell (U.S.)
- Beaphar (Netherlands)
- WizSmart (Petix) (U.S.)
- Simple Solution (Italy)
- Paw Inspired (U.S.)
- TRIXIE (Germany)
- Ferplast (Italy)
REPORT COVERAGE
The report covers overall market aspects, including market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1124.4 Million in 2022 |
Market Size Value By |
US$ 1676.16 Million by 2031 |
Growth Rate |
CAGR of 4% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
-
What value is the pet hygiene products market expected to touch by 2031?
Based on our research, the pet hygiene products market is projected to touch USD 1676.16 million by 2031.
-
What CAGR is the pet hygiene products market expected to exhibit by 2031?
The pet hygiene products market is expected to exhibit a CAGR of 4.0% by 2031.
-
What are the driving factors of the pet hygiene products market?
The Pet Fashion Among Pet Owners and cultural changes in various countries are the driving factors of the pet hygiene products market.
-
Which are the top companies operating in the pet hygiene products market?
Tianjin Yiyi, Hartz (Unicharm), U-Play Corporation, Jiangsu Zhongheng, Four Paws, (Central Garden & Pet), JiangXi SenCen, IRIS OHYAMA, Richell, Beaphar, WizSmart (Petix), Simple Solution, Paw Inspired, TRIXIE, and Ferplast are the top companies operating in the pet hygiene products market.