Pet Dryers Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation

Pet Dryers Market Overview:

 The Pet Dryers market is expected to grow rapidly during the forecast period due to rapid adoption of pets like dogs and cats across the globe. People have become aware of the wellbeing and holistic caretaking techniques for their pets and hence are not hesitant to spend on electronics and grooming products.

The Pet dryer market can be segmented on the basis product, application and region. On the basis of product, the global pet dryer market is further sub-segmented into high velocity dryer, cage dryer, stand dryer. Additionally, on the basis of application the pet dryer market is segmented into Dogs, Cats and others. On the basis of region, the market consists of Europe, America, Asia-Pacific and rest of the world.

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Pet Dryers Market Dynamics:

Pet dryer market has shown great growth potential since past few decades as more and more people have started adopting animals owing to increase in per capita income and rise of awareness towards animal welfare. According to American Pet Products Association (APPA) approximately 58% households in USA had at least one pet in 1988. As per their recent poll that same figure has gone up to 68%. One of the reports has specified that of the 84.6 million households, 60.2 million have a dog and 47.1 million have a cat. As can be observed the number of households having at least one pet has increased and so has the amount spent on pets for their grooming and hygiene.

The key driver for market growth is the rising need for population to adopt pets in their houses as companions and the rising need for pet humanization. This trend will continue to push sales of pet grooming products in the forthcoming years. Additionally increasing establishments of animal/pet salons has added to the overall global sales of pet dryers. These days mobile pet grooming services have come into picture as they provide pet grooming services on the go and charge their customers nominal fees in return.

The pet grooming market itself is projected to grow year-on-year at 6% and hence it would be considerate to account that the pet dryer market would also grow at the same rate approximately during the forecast period. Pet grooming is an essential part of pet care as it takes care of skin infections, quality of fur coats (in-case of dogs), improves skin breathing and prevents infection in vulnerable areas like eyes, nose, mouth and ears of the pets. These pet dryers are specifically designed for pets based on the application type.

However, the pandemic caused massive supply chain disruption in the pet dryer market as semiconductors and allied components became hard to procure from vendors based outside the various regions manufacturers were based in. The production facilities were also shut down due to local safety norms making it more difficult for manufacturers to produce. The revenue went down in 2020 but the pet dryer market is expected to ride on the recovery wave and grow significantly.

Pet Dryers Market Segment Analysis:

On the basis of product type, the pet dryer market is further sub-segmented into high velocity dryer, cage dryer and stand dryer. Amongst the three product types available stand dryers are projected to have the highest market share owing to the simple use factor of the design which has adjustable height.

This type of dryer is used to remove water and moisture from the animals. Cage dryers are projected to occupy the second spot in terms of pet dryer market share by percentage as the mobile pet service providers utilize them to a very large extent. Lastly, the high velocity dryer is used to remove water from the animals in a short period of time. These types of dryers use high velocity and pressure to evaporate water from the animal’s fur or coat. These are generally used for livestock, poultry and horses.

On the basis of application, the pet dryer market can be further segmented into dogs, cats and others. Amongst the application type dogs have the highest market share as they are the most popular pets. Dogs are credited to relieve stress, anxiety as well as promote cardiovascular health and encourage exercise which makes them a popular choice as pets. Pet dryers for cats is projected to occupy second place however it is estimated to have the highest growth rate as cats are preferred in cities with smaller residential spaces and high population density. In some regions like Indonesia and Malaysia the cat ownership outnumbers dog ownership.

Pet Dryers Market Regional Insights:

The pet dryer market is segmented into North America, Europe, Asia Pacific and rest of the world that comprises of other regions. Based on the sales data North America is projected to hold the greatest market share during the forecast period due to the sheer volume of adoption of pets in the region and subsequent money spending activity that results in the overall growth of the pet dryer market in the region.

Moreover, the high regional market growth in North American region can be attributed to the presence of key players such as Double K Industries (USA) and Shernbao (USA).  As a matter of fact, the amount American owners spend had nearly quadrupled from 1996 to 2016 in a span of two decades. the value than Americans spent on pets has gone from USD 17 billion in 1996 to USD 66.75 billion in 2016. It is projected that this expenditure on pets by Americans increased to a value of USD 69.36 billion in 2017.  

Asia-Pacific Pet dryer market is projected to have the most growth during the forecast period due to the increasing per capita income of the developing economies present in the region, more people are estimated to adopt pets and contribute to the pet dryer market growth. It is estimated that Asia-Pacific region will have the fastest growing compounded annual growth rate amongst all the regions.

Europe is projected to grow at a moderate rate during the forecast period due to the market saturation as already the culture of pet adoption and pet care has been established earlier. Other market regions that consist of Middle East, Africa and South America are expected to experience sluggish growth in their respective pet dryer market due to strain in economy induced by pandemic and also lack of awareness for pet health and well-being amongst the masses at large.               

The objective of the report is to present a comprehensive analysis of the Pet Dryers market to the stakeholders in the industry. The report provides trends that are most dominant in the Pet Dryers market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Pet Dryers Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

The qualitative and quantitative data provided in the Pet Dryers market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Pet Dryers market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Pet Dryers market.

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Pet Dryers market. The report also analyses if the Pet Dryers market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Pet Dryers market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Pet Dryers market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Pet Dryers market is aided by legal factors.

Pet Dryers Market Scope:

Pet Dryers Market Key Players

• Double K Industries (USA)
• Shernbao (USA)
• Speedy Dryer (USA)
• Mason Company (USA)
• Wahl (USA)
• Wenzhou Huipu Electric Appliance Co., Ltd. (China)
• Shenzhen Tungs Electronic Co., Ltd. (China)
• Chadog Diffusion (France)
• Jilin Nine Lotuss (China)
• Edemco (USA)
• Metrovac (USA)
• EZ Groom (USA)
• XPower (USA)
• Hanvey (USA)
• Aeolus (USA)