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Veterinary Grooming Equipment Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : 12:03 AM, 20th April, 2018 REP-ID-517 Category: FMCG & Food

Veterinary Grooming Equipment Market Overview

Veterinary grooming is an essential part of healthcare of animals. Grooming reduces chances of the various health problems and ensures the cleanliness of pets. Veterinary grooming comprises of bathing, hair removal, nail trimming and other such services. Shampoos & conditioners, combs and dryers are common veterinary grooming products used worldwide.

Market Size and Forecast

Global veterinary grooming equipment market is expected to grow at a significant CAGR over the forecast period. Further, rising expenditure on pet and increasing number of pet adoptions across the globe is expected to foster the growth of the global veterinary grooming equipment market. Apart from this, high rate of adoption of pets in developed countries is expected to supplement the growth of the veterinary grooming equipment market.

Veterinary Grooming Equipment

In the terms of regional platform, North America accounted for the highest percentage of market share in overall veterinary grooming equipment market in 2016. Further, North America is expected to continue its dominance over the forecast period. This growth can be attributed to high number of pets in the region. Further, U.S. is the prominent market in the region. According to American Society for the Prevention of Cruelty to the Animals, 78 million dogs and 85.8 million cats are owned in the U.S. In 2016, more than 65% of the Americans were held for pet ownership. Further, number of pet ownership is expected to increase during the forecast period which further, is likely to escalate the demand for the veterinary grooming equipment market in the nation. Europe is expected to capture second position in overall veterinary grooming equipment market. Further, increasing willingness of the pet owners to spend on their pets is expected to drive the growth of the veterinary grooming equipment market in the region.

Asia Pacific is likely to showcase a robust growth during the forecast period. Further, rising adoption of companion animals is expected to escalate the growth of the veterinary grooming equipment market in the Asia Pacific region. Countries such as China, Japan and India are projected to witness the augmented demand for veterinary grooming equipment over the forecast period. Further, India is projected to be fastest growing market of the pets. Rising disposable income of the population is expected to contribute to the growth of the veterinary grooming equipment market in India. Latin America is projected to observe high growth rate during the forecast period on the account of high pet ownership in the region.

Market Segmentation

Our in-depth analysis has segmented global veterinary grooming equipment market into the following segments:

By Product Type

  • Blades
  • Trimmers  & Clippers
  • Shampoos & Sprays
  • Bathers & Dryers
  • Shears
  • Tools
    • Nail Grinder
    • Rake
    • Comb
    • Brush
  • Others

By Region

Global veterinary grooming equipment market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, Turkey, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (GCC, Israel, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis

Veterinary Grooming Equipment Market share

Growth Drivers & Challenges

Rising expenditure on the pet care is one of the major growth drivers for the global veterinary grooming equipment market. Apart from this, increasing number of pet grooming spas and mobile pet groomers are expected to fuel the growth of the veterinary grooming equipment market during the forecast period. Moreover, increasing prevalence of diseases in pets is resulting in increased awareness about the pet care among pet owners. This factor is expected to grow the market of the veterinary grooming equipment market.

Increasing adoption of the pets across the globe is predicted to trigger the growth of the global veterinary grooming equipment market. Moreover, pet owners are more concerned about health and welfare of their pets owing to the continued strengthening of the bond between pet owners and their companion animals. This factor contributes to the growth of the veterinary grooming equipment market.

On the contrary, slow adoption rate of veterinary grooming equipment in underdeveloped and developing nations is expected to hamper the growth of the veterinary grooming equipment market.

Key Players

  • Sunbeam Products Inc.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Ancol Pet Products Ltd.
  • Rosewood Pet Products
  • Beaphar
  • Ferplast S.p.A.
  • Rolf C. Hagen, Inc.
  • The Hartz Mountain Corporation
  • Martin & Martin (Pty) Ltd.
  • Boshel
  • Johnson’s Veterinary Products

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global veterinary grooming equipment market is segmented as follows:

  • By Product Type Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

key Answers

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