Market Introduction
The Asia Pacific pet oral care products market is analyzed based on the five major countries such as China, Japan, India, Australia, South Korea, and the rest of Asia Pacific. China held the largest share of the Asia Pacific pet oral care products market in 2020. China is witnessing rapid economic growth and urbanization. China is one of the major healthcare systems in the Asia Pacific. China holds a considerable share in the Asia Pacific pet oral care products market. The growth of the market in the country is attributed to the growing pet population in China, and the increasing prevalence of dental diseases in pets is increasing yearly in the country. Several causes have contributed to the increase in the pet population. During the Cultural Revolution in China, pet owners were mostly from the upper-middle class. However, the Chinese populace has enjoyed a higher level of living in recent years, with more disposable income to spend on pets. In addition, the pet trend among younger and older people is unique to China, according to the 2017 White Book of China's Pet Industry, while pet owners in other nations are generally older. As the younger generation socializes less and the older generation prepares for their children to leave home when they grow up, both generations seek alternative companionship, resulting in a surge in pet adoption.
Countries in the Asia Pacific are facing challenges due to increasing incidences of COVID-19. As per the data of World-o-meter, as of April 14, 2021, China reported 91,989 COVID-19 cases, while in Japan, it stood at 844,989 India recorded 30,752,950 cases, and Australia reported 30,951 confirmed cases. The outbreak has severely affected the tourism industry and imposed supply chain disruptions; moreover, low-income countries face additional challenges due to the shortage of healthcare infrastructure. Restrictive measures have been put forth in South Korea, Malaysia, Singapore, the Philippines, and India to prevent disease transmission
Market Overview and Dynamics
The pet oral care products market in Asia Pacific is expected to grow from US$ 299.38 million in 2021 to US$ 476.28 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028. Pets are considered the best companion for humans as they create a positive effect on their owner’s life. They promote active lifestyle with companionship and have also been able to detect oncoming epileptic seizures. Also, pets help bring social, emotional, and cognitive development in children, as well as relieve stress and anxiety in adults. Research studies have shown that the dog owners have 36% lower risk of dying from cardiovascular disease and an 11% lower risk of getting heart attack. The popularity of dogs is growing as there were millions of pet dogs in the region in 2017, as compared to numbers in 2016. Hence, the growing adoption of pets for companionship is fueling the growth of the pet oral care products market.
Key Market Segments
The market for Asia Pacific pet oral care products market is segmented into Animal, product, end user, distribution channel and country. Based on Animal, the market is segmented into cats and dogs. In 2020, the dogs segment held the largest share. Based on product the Pet oral care products market is divided into mouthwash/rinse, tooth brush and paste, dental cleansing sprays, anti-plaque pens, and other product types. In 2020, the tooth brush and paste segment held the largest share. Based on the end user the market is segmented into veterinary hospitals, private clinics, and home care. The home care segment accounts for largest market share. Similarly, based on distribution channel, the market is bifurcated into supermarkets/hypermarkets, online channels, specialized pet shops, and other distribution channels. The specialized pet shops segment contributed a substantial share in 2020 in the pet oral care products market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the pet oral care products market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Vetoquinol SA; Dechra Pharmaceuticals PLC; AllAccem, Inc.; Virbac; CEVA; Nestle; and Mars, Incorporated among others.
Reasons to buy report
Asia Pacific Pet oral care products market Segmentation
Asia Pacific Pet Oral Care Products Market – By Animal Type
Asia Pacific Pet Oral Care Products Market – By Product Type
Asia Pacific Pet Oral Care Products Market – By End User
Asia Pacific Pet Oral Care Products Market – By Distribution Channel
Asia Pacific Pet Oral Care Products Market – By Country
Asia Pacific Pet Oral Care Products Market-Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 299.38 Million |
| Market Size by 2028 | US$ 476.28 Million |
| CAGR (2021 - 2028) | 6.9% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Animal
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Pet Oral Care Products Market is valued at US$ 299.38 Million in 2021, it is projected to reach US$ 476.28 Million by 2028.
As per our report Asia Pacific Pet Oral Care Products Market, the market size is valued at US$ 299.38 Million in 2021, projecting it to reach US$ 476.28 Million by 2028. This translates to a CAGR of approximately 6.9% during the forecast period.
The Asia Pacific Pet Oral Care 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 Asia Pacific Pet Oral Care Products Market report:
The Asia Pacific Pet Oral Care Products Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Pet Oral Care Products Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Pet Oral Care Products Market value chain can benefit from the information contained in a comprehensive market report.
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