CAGR: 6.0%Current Market Size: USD 11.9 MillionFastest Growing Region: APAC
Largest Market: North AmericaProjection Time: 2022-2029Base Year: 2021
The Global Pet Hair Handheld Vacuums market is expected to grow from USD 11.9 million in 2021 to USD 18.96 million by 2029, at a CAGR of 6.0% during the Projection period 2022-2029. The expansion of this market can be attributable to the rising demand for vacuum cleaners created expressly to remove pet hair from different types of flooring and other surfaces.
People can preserve an ongoing record of their pets with the support of remote communication systems thanks to the use of electronic wearable devices known as a vacuum for pet hairs. These devices assist people in checking their health, assisting in providing special distinguishing proof of their pets, monitoring their whereabouts, and assisting in continuously studying their behavior and the development activities that they engage in. The rise in the rapid growth in demand for better services related to the healthcare of pets is a crucial factor that is accelerating the market growth. Rise in the adoption of GPS-enabled devices and components, a rise in the consumption of heat detection, identification, and tagging solutions, an increase in the urbanization and rise in popularity of pets in Latin America, a rise in the disposable income in Asia Pacific countries, and rise in the need for obligatory RFID tagging for farm animals are also factors that are contributing to the growth of the market. Furthermore, the rise in the quick improvements in wan and Lpwan technologies as well as the exponential demand for pet wearables from developing nations in APAC will further offer new opportunities for the pet wearable market throughout the projected period that was previously mentioned. However, the high power consumption and short battery life of vacuums for pet hairs are the primary issues among others that are inhibiting the market growth.
Sample Request: - Global Pet Hair Handheld Vacuums Market
Market Dynamics:
Drivers:
The pet humanization trend has a beneficial influence on the growth of the market, as seen by the growing desire among customers in considering their pets to be members of their families. When compared to larger pets, smaller ones are considerably more likely to be spoiled and given human-like treatment. The standard pet care products are synthetic, of lower quality and safety, whereas the premium pet care products are natural, of higher quality, and safer. As a result of the growing demand for luxury pet grooming products across the globe, several businesses are making preparations to launch new lines of high-quality pet care products to capture significant portions of the market in this sector. For instance, in November 2020, BASF Care Creations, North America, developed three formulations exclusively for dog grooming. These three products were a Creamy Co-Wash for Dogs, a Fresh Obsessed Dry Shampoo Mist, and a Micellar Dog Shampoo. The increasing number of pet owners who are interested in fashion for their animals has a favorable impact on the market and is anticipated to contribute significantly too significant growth over the course of the Projection period. Some people are quite careful about how their lifestyle is portrayed, and one way they do this is by purchasing goods for their pets that are pleasant and expensive. This stimulates market competitors to offer a multitude of new and customized items in the pet grooming service section of the market.
Restraints:
It is always possible for the person who is grooming the pet to get bitten or scratched by the animal while they are doing their job. There is a possibility that other pets will not get along with strange animals while they are being groomed, which could lead to conflicts breaking out in the room where they are being groomed. Pets can express their nervousness, worry, or even wrath toward a groomer by making a lot of noise. This is one way they can do this. It is possible for a variety of noises, including barking, yowling, howling, whining, and others, to become excessive and could disturb the process of grooming or annoy other customers or animals. When faced with the actions of the groomer, the animal might wriggle or try to flee away.
Opportunities:
People who have a lot of things going on in their lives are turning more and more to the mobile dog and cat grooming parlors as a handy alternative to traditional salons. These salons offer a variety of services, such as a pick-up and drop-off facility, services that are location-specific, and efficient care and grooming services. In addition, in comparison to the prices at high-end pet grooming salons, these are much cheaper. Mobile pet groomers give exceptional services and help directly at the doorstep of pet owners, delivering a grooming experience that is convenient for both the pet owner and the pet itself, as well as being comfortable for the pet. In some areas, mobile vans are employed for both the function of service stations and as advertising vehicles. It is anticipated that during the time of the Projection there will be an increase in market size due to the expanding demand for mobile pet services.
Challenges
High electricity usage
The high electricity usage of vacuum for working is a drawback for the market. Companies need to focus on this criterion for lesser drawbacks.
Segmentation Analysis:
The global Pet Hair Handheld Vacuums market has been segmented based on product type, application, and region.
By Type
The product type segment includes Canister, Handheld, Stick, and Upright. The handheld segment led the largest share of the Pet Hair Handheld Vacuums market with a market share of around 32.45% in 2021. Handheld Vacuum cleaners are domestic vacuum cleaners that are typically compact in size and suited for use in homes. They typically have a battery power that ranges from 1 to 12 volts, and their capacity ranges anywhere from 0.5 to 2 liters on average. The structure is comfortable to use because of its ergonomic shape, and its lightweight construction makes it easy to maneuver in confined areas. The majority of these items can be utilized on hard surfaces in addition to carpets as a result of their flexible airflow technology, which assists in thorough cleaning with a minimal amount of work being required.
By Application
The application segment includes Household and Commercial. The commercial segment led the Pet Hair Handheld Vacuums market with a market share of around 65.7% in 2021. Commercial usage of vacuum cleaners may be found in establishments such as hotels, restaurants, hospitality clubs and spas, educational institutes, and other types of facilities such as warehouses and industrial units. An increase is helping product sales in this market sector with excellent growth potential in the number of commercial spaces, such as hotels and restaurants, that are located in a variety of areas. Over the next few years, a significant increase in the number of business applications is expected as a direct result of technological improvements that make it possible for portable devices to function more effectively.
By Regional Analysis:
The regions analyzed for the Pet Hair Handheld Vacuums market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region dominated the Pet Hair Handheld Vacuums market and held a 41.5% share of the market revenue in 2021.
Country Analysis:
Germany's Pet Hair Handheld Vacuums market size was valued at USD 0.14 million in 2021 and is expected to reach USD 0.21 million by 2029, at a CAGR of 5.6% from 2022 to 2029.
Germany has one of the leading Pet Hair Handheld Vacuums industries in Europe. As people's discretionary incomes rise, there has been a concomitant rise in demand for premium goods such as vacuum cleaners that are specifically designed to remove hair from animals.
China’s Pet Hair Handheld Vacuums market size was valued at USD 0.37 million in 2021 and is expected to reach USD 0.63 million by 2029, at a CAGR of 6.9% from 2022 to 2029. China's growing population and improved standard of living have boosted the demand for Pet Hair Handheld Vacuums. Because of the enormous progress that has been made in technology over the last few years, manufacturers have been able to create vacuums that are superior in both quality and performance, allowing them to remove pet hair from carpets and other surfaces with ease.
India's Pet Hair Handheld Vacuums market size was valued at USD 0.34 million in 2021 and is expected to reach USD 0.55 million by 2029, at a CAGR of 6.3% from 2022 to 2029. India is one of the strongest growing economies in Asia. The increased knowledge among customers about the benefits of using a vacuum cleaner for pet hair is leading to an increase in the demand for items falling into this category.
Key Industry Players Analysis:
To increase their market position in the global Pet Hair Handheld Vacuums business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2021-2029 |
Base year |
2021 |
CAGR (%) |
6.0% |
Market Size |
11.9 million 2021 |
Forecast period |
2022-2029 |
Forecast unit |
Value (USD) |
Segments covered |
By Type, By Application and Region |
Report Scope |
Revenue forecast, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
PetSmart Inc., The Pooch Mobile, Muddy Paws, Petsfolio, Hollywood Grooming Inc., Aussie Pet Mobile, Pet Palace, Doggyman H.A. Co., Ltd, Prodiet Pet Foods, Inc., Petvalu and Chewy, and among others. |
By Type |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Pet Hair Handheld Vacuums Market by type:
Global Pet Hair Handheld Vacuums Market by application:
Global Pet Hair Handheld Vacuums Market by Region:
Global Pet Hair Handheld Vacuums market size was USD 11.9 million in 2021.
Global Pet Hair Handheld Vacuums market is expected to reach USD 18.96 million by 2029, at a CAGR of 6.0% from 2022 to 2029.
United States, Germany, United Kingdom, China, and France.
Leading market players active in the global Pet Hair Handheld Vacuums market are PetSmart Inc., The Pooch Mobile, Muddy Paws, Petsfolio, Hollywood Grooming Inc., Aussie Pet Mobile, Pet Palace, Doggyman H.A. Co., Ltd, Prodiet Pet Foods, Inc., Petvalu and Chewy.
The application segment witnessed a significant share in the Pet Hair Handheld Vacuums market with a market share of around 65.7% in 2021
Political Factors- How the government interferes with the economy is influenced by political factors. Political stability, trade limitations, labor laws, and environmental regulations are some sectors that fall under the umbrella of political factors. Politics may also affect the provision of merit goods—those that the government wants to supply—and opposition to merit goods—those that the government does not want to offer (demerit goods or merit bads). Governments also significantly impact a country's infrastructure, education, and health.
Economical Factors- Economic growth, currency rates, inflation, and interest rates are examples of economic factors. These elements have a significant impact on how firms function and make choices. For instance, interest rates impact a firm's cost of capital and, consequently, how much a corporation can grow and expand. Exchange rates can impact an economy's supply and price of imported commodities, as well as the costs associated with exporting goods.
Social Factor- The population growth rate, age distribution, career orientations, cultural characteristics, health consciousness, and emphasis on safety are examples of social influences. High societal trends have an impact on a company's operations and the demand for its products. For instance, an ageing population can indicate a smaller and less motivated workforce (thus increasing the cost of labor). Additionally, businesses could alter their management tactics to reflect the social trends that this has brought about (such as recruiting older workers).
Technological Factors- Technological features, including R&D effort, automation, technology incentives, and the pace of technological progress, are examples of technological factors. These can establish entry barriers, and a minimal level of productive output, and impact outsourcing decisions. Technological changes would also impact prices and quality, and promote innovation.
Environmental Factors- Environmental considerations include ecological and environmental elements including weather, climate, and climate change, which may negatively impact some sectors of the economy like tourism, agriculture, and insurance. Additionally, as people become more aware of the possible effects of climate change, it is changing how businesses run and the products they offer, creating new markets but also eroding or eliminating existing ones.
Legal Factors- Legal considerations include discrimination, consumers, antitrust, employment, and health and safety laws. These elements may impact a company's operations, expenses, and product demand. In May of 2022, PetSmart will offer new adventure-ready goods from arcadia trail and will promote in-store "summer demo days" to encourage customers to get outside and have some fun throughout the summer.
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