Pet Odor Control & Clean-Up Products Market Detailed Analysis By Product, Distribution Channel, And Region And Forecast From 2019 To 2025 : Grand View Research Inc.

October 16 01:22 2019
Pet Odor Control & Clean-Up Products Market Detailed Analysis By Product, Distribution Channel, And Region And Forecast From 2019 To 2025 : Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting
According to report published by Grand View Research, The global pet odor control and clean-up products market size was valued at USD 7.02 billion in 2018 and is expected to expand at a CAGR of 2.94% over the forecast period.

The global pet odor control & clean-up products market size is expected to reach USD 8.60 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 2.94% during the forecast period. The growing spending on the pet care products along with efforts to maintain healthy and clean surroundings for pets is projected to drive the growth.

As per the 2017-2018 Pet Ownership and Demographics Sourcebook of the American Veterinary Medical Association (AMVA), about 57% of all U.S. households owned a pet by the end of 2016. Rising product innovation and consumer willingness to spend more on these products is anticipated to bode well for the regional demand for pet odor control and clean-up products. High spending capacity of pet owners is expected to drive the demand for pet products and services.

Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the increasing consumer spending on pet care and pet health services. The region is anticipated to register significant demand for natural and organic pet care products. The rise in purchasing power of consumers in countries such as India and China has resulted in increased sales of innovative products, such as automatic litter boxes with Bluetooth connectivity.

Litter box product segment held the largest market share of about 61.53% in 2018. High demand for automatic products is anticipated to drive the growth of the segment. Market players engage in business activities such as geographical expansion, product launch, and mergers and acquisitions to acquire greater market share. For instance, in March 2018, Skout’s Honor pet specialty brand launched a new line of Probiotic Skin Care Products for pets.

Key manufacturers operating in the pet odor control and clean-up products market are Skouts Honor Pet Supply Co., Sunny & Honey, Guangzhou Babyhouse Pet Supplies Co., Ltd, Charmypet Co., Ltd., SzeKai Co., Ltd, Double Pets International Co., Ltd., and Shanghai Mimon Pet Ltd.

U.S. pet odor control & clean-up products market size, by product, 2015 - 2025 (USD Billion)

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Key Takeways Of The Report :

  • Litter box product segment held the largest market share of over 60% in 2018 and is anticipated to continue leading over the forecast period
  • Offline segment led the global pet odor control and clean-up products market with an overall share of 79.58% in 2018
  • North America held the largest market share of 51.21% in 2018 and is anticipated to continue leading in the forthcoming years

Global pet odor control & clean-up products market share, by distribution channel, 2018 (%)

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Grand View Research has segmented the global pet odor control & clean-up products market on the basis of product, distribution channel, and region:

Pet Odor Control & Clean-Up Products Outlook (Revenue, USD Billion, 2015 – 2025)

  • Litter Box
  • Cleanup
  • Odor Control

Pet Odor Control & Clean-Up Products Distribution Channel Outlook (Revenue, USD Billion, 2015 – 2025)

  • Online
  • Offline

Pet Odor Control & Clean-Up Products Regional Outlook (Revenue, USD Billion, 2015 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • Japan
    • Australia
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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