Pet Cosmetics Market
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The global pet cosmetics market size was valued at USD 2 billion in 2023 and is expected to reach USD 3.2 billion by 2032, growing at a CAGR of 5.7% through 2032. The most crucial growth drives include the increasing phenomenon of the humanization of pets. The spending as a share of disposable income on premium pet care items such as cosmetics has higher revenue in developed countries. Users are increasingly inclined to purchase specialized shampoos, conditioners, and perfumes meant for their pet's skin and fur.
Additionally, increasing concerns about pet hygiene is also one of the crucial factors for market expansion. Owners are more worried than ever about pet skin diseases, allergies, and assorted parasite infections and are looking for safe and effective grooming tools. A shift towards organic and therapeutic pet cosmetics is gaining acceptance. The availability of dermatologically tested, pet-approved products gives consumers more confidence in buying such products.
Report Attribute | Details |
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Base Year: | 2023 |
Pet Cosmetics Market size in 2023: | USD 2 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2023 - 2032 CAGR: | 5.7 |
2023 Value Projection: | USD 3.2 Billion |
Historical Data for: | 2021 – 2024 |
No of Pages: | 225 |
Tables, Charts & Figures: | 275 |
Segments Covered: | By Type, Pet Type, Price, End Users, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls Challenges: |
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According to the YouGov U.S. Dog Owners Report, in 2023 pet ownership has seen a remarkable increase in America, with 56% of households owning a dog and 39% of dog owners also having a cat. U.S. dog owners are progressively spending more on their pets as an increase of 17% in a growth trend has been seen for purchasing pet care items from the grocery stores more often.
The increased market reach of pet cosmetics is aided by dermatological innovations and the growing friendliness of pet skin products through direct-to-consumer advertising and endorsement from veterinary practitioners. The introduction of newly formulated cosmetic products for pets is made possible by modern methods. Several companies are making cosmetics for pets including hypoallergenic pet shampoo, non-washable groomers, and cosmetics designed for people of specific breeds. In addition, e-commerce has contributed to increasing sales of pet cosmetics by making them more available to consumers in different regions.
Based on the type of segment, the shampoo & conditioner segment exceeded USD 700 million in 2023 and is projected to reach USD 1.2 billion by 2032.
Based on pet type, the dog segment surpassed USD 1 billion in 2023 and is anticipated to grow with a CAGR of 5.8% till 2032.
In 2023, Biocrown Biotechnology, Himalaya Drug Company, Petco Animal Supplies, Spectrum Brands, and OM Botanical collectively held a 15% to 20% share of the global pet cosmetics industry. These companies have taken a more proactive approach to strengthening their market positions, which includes focusing on innovations, forming strategic partnerships, and expanding into new developing economies.
Biocrown utilizes its comprehensive research and development efforts in customizing pet cosmetics for its clientele. Biocrown pursues OEM/ODM services, giving clients the option to design specific formulations for specific markets. Biocrown has created innovative ingredients, as well as having stringent quality control, ensuring that its products meet the current consumer and regulatory requirements.
The Himalaya company captures the attention of customers by including natural and herbal components in its pet care product line. Himalaya marketing professionals use their strong brand in the herbal healthcare business to promote pet cosmetics to different categories of people. Himalaya uses herbal and organic materials in these lines which makes the products appealing to health-conscious consumers.
In correlation with its prominence within the pet industry, Petco seeks to expand its market share through partnerships and the enhancement of its product portfolio. The firm also provides a broad range of dog and cat grooming tools manufactured both internally and by third parties. These products are accessible to all consumers. The firm also expands its reach by investing in e-commerce websites, thereby making shopping easier for pet owners.
Spectrum Brands has an extensive distribution network and brand portfolio which allows for a strong foothold in the pet cosmetics market. Continuous product innovation and acquisitions are some of the company's strategies to broaden its offering. Spectrum Brands has a competitive edge in the industry due to quality and consumer trust.
OM Botanical is unique in formulating pet grooming products from organic sourced ingredients. OM’s dedication to sustainability and natural ingredients appeals to eco-friendly consumers. The company focuses on educating customers on the benefits of chemical-free pet scaring for enhanced brand loyalty and increased market penetration.
Major players operating in the pet cosmetics industry are:
To strengthen the market position and achieve growth, the major players in the global pet cosmetics market are making several investments. One of the strategies is advancement in product formulation by integrating more natural, organic, hypoallergenic ingredients for health-focused pet parents. They are also investing in the expansion of e-commerce to improve accessibility and contact with consumers directly. Manufacturers increased their focus on brand differentiation and premiumization by offering specialty high-end grooming products that provide add-on benefits like nourishing the coat and controlling odor.
In March 2023, Pet ReLeaf introduced new limited-ingredient CBD shampoos & conditioners. For dogs that struggle with hot spots, dryness, and scratching, this plant-based shampoo includes ingredients like organic aloe, organic oatmeal, and organic full-spectrum hemp extract with CBD to promote healthy, itch-free skin.
Market, By Product Type
Market, By Pet Type
Market, By Price
Market, By End Users
Market, By Distribution Channel
The above information is provided for the following regions and countries:
The U.S. pet cosmetics market was worth over 580 million in 2023.
Some of the major players in the pet cosmetics industry include Barklogic, Biocrown Biotechnology Co., Earthwhile Endeavours, Floof, General Nutrition Centers Inc., Himalaya drug company, Innovacyn Inc., Natural Pet Innovations, OM Botanical, Pet Releaf, Petco Animal Supplies, Petkin Inc., Spectrum Brands Inc., Super Soaper, Wildwash.
The pet cosmetics market was valued at USD 2 billion in 2024 and is expected to reach around 3.2 billion by 2032, growing at 5.7% CAGR through 2034.
The shampoo & conditioner segment generated over 700 million in 2023.