In Europe, currently, the UK and Russia, followed by France, Spain, Italy, and Germany, are the hardest-hit countries by the COVID-19 pandemic. Initially, other member states implemented drastic measures and travel restrictions, including partially closing their country borders, which impacted the tourism industry in the region. The shutdown of manufacturing units, retail outlets, supermarkets, and hypermarkets and difficulty procuring raw materials hinders the growth of the pet grooming products market. During the COVID-19 pandemic, there has been an increase in the pet adoption rate in the UK and Germany. The Germans are increasingly adopting dogs to counter loneliness due to lockdowns, and according to Deutsche Hundewesen (VDH) canine association, there has been a 20% increase in dog adoption during 2020. As per the COVID-19 Pet Survey from Pet Food Manufacturers’ Association in the UK, pet acquisition is rising remarkably in the UK. Thus, an increase in pet adoption during the COVID-19 pandemic is driving the growth of the pet grooming products market.
Strategic insights for the Europe Pet Grooming Products provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 5,976.68 Million |
Market Size by 2028 | US$ 10,075.97 Million |
Global CAGR (2021 - 2028) | 7.7% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Pet Grooming Products refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe Pet Grooming Products Market is valued at US$ 5,976.68 Million in 2021, it is projected to reach US$ 10,075.97 Million by 2028.
As per our report Europe Pet Grooming Products Market, the market size is valued at US$ 5,976.68 Million in 2021, projecting it to reach US$ 10,075.97 Million by 2028. This translates to a CAGR of approximately 7.7% during the forecast period.
The Europe Pet Grooming Products Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Pet Grooming Products Market report:
The Europe Pet Grooming Products Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Pet Grooming Products Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Pet Grooming Products Market value chain can benefit from the information contained in a comprehensive market report.