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The global pet skin and coat care products market will be worth $10.6bn by 2032, according to data from Archive Market Research (AMR).
As it currently stands the market was worth $5.37bn in 2023 as the market grows rapidly.
AMR stated that this was driven by increasing pet ownership and a growing awareness of the importance of pet health and grooming.
Owners are investing in products ranging from shampoos, conditioners, oils, sprays, and supplements meant to address a variety of issues such as shedding, dryness, allergies, and infections.
The increased demand for natural and organic products, free from harmful chemicals, is also driving the market, as consumers are looking for safer, more eco-friendly alternatives for their pets.
In addition, the growth of e-commerce platforms and pet specialty stores has made these products more accessible.
The market is dominated by North America and Europe, where pet care is well-established, but emerging markets in Asia Pacific are witnessing significant growth due to rising disposable incomes and increasing pet adoption.
