Pet Furniture Market Size, Share, Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions 2029
The global pet furniture market size is set to gain traction owing to the growing urbanization in emerging economies. Fortune Business InsightsTM has presented this information in its report titled “Pet Furniture Market, 2022-2029”.
COVID-19 Impacts:
In The Wake of The COVID-19 Outbreak, Consumers Have Developed an Ethical Ethos
Despite the global COVID-19 pandemic, pet furniture sales have increased because pet adoptions have increased during the era, and new pet owners want their pets to feel at ease in their new homes. Sales of pet beds and furnishings in the U.S. have increased by about 20%. Internet sales of pet furniture skyrocketed during COVID-19, as consumers were forced to limit their shopping trips due to lockdown restrictions. Despite initial logistical and demand uncertainties, the industry experienced significant growth during the pandemic.
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Fortune Business Insights™ lists out all the pet furniture market companies that are presently striving to reduce the impact of the Covid-19 pandemic on the market:
- Go Pet Club,
- Ware Pet product,
- Inter IKEA System,
- PetPals Group
- MidWest Homes for Pets
- American Pet Products
Report Coverage -
The report examines the pet furniture market in great detail. The report contains data on the market's driving and restraining factors, as well as growth opportunities and challenges. It also discusses the cumulative impact of COVID-19 and the critical strategies used by key players to gain market leadership.
Drivers & Restraints -
Increasing Adoption of Pets to Boost the Market Growth
With the increasing demand for and consumption of pet furniture, several manufacturers have focused on designing and producing quality furniture that lasts longer and provides more comfort. Pet Magasin, for example, has been in business for over 25 years and is one of the most prominent players in the pet furniture market. They have a diverse product portfolio, and their products are available at 2,500 retail partners as well as on their website store. Many product developments have aided in the revolutionization of the pet furniture industry. They provide products such as large dog kennels, cat towers, and scratching posts to help pet owners care for their beloved pets.
However, the cozy smart pet houses and beds are frequently expensive because they provide comfortable surfaces and temperature control adjustments for the pets' seating and sleeping purposes. This makes it difficult for people of various income levels to afford comfortable pet furniture, hindering the pet furniture market growth.
Regional Insights -
North America to Hold a Significant Market Share Owing to Rising Disposable Income
The North American pet furniture market share is expected to exhibit significant growth opportunities. With rising disposable income and lifestyle advancements, manufacturers are developing new product innovations to assist pet owners in adapting to a more convenient lifestyle. Go Pet Club in America, for example, has a diverse portfolio of pet care products ranging from pet carriers, pet strollers, pet beds, and a wide selection of cat trees that are both attractive and functional and promote the healthy growth of pet animals. Furthermore, growing concerns about pet animal healthcare have created enormous growth opportunities for the market in the U.S.
With an increasing number of e-commerce platforms and retails, as well as an increase in investments in pet animals such as cats, dogs, aquatic pets, birds, and so on, the European region is expected to grow significantly globally. The segment's rapid growth can be attributed to the increasing use of e-commerce platforms. Furthermore, due to factors such as cost-effectiveness and ease of availability, pet care products are primarily distributed through E-commerce channels. The materials used are frequently natural and safe for pets.
Segmentation -
On the basis of product type, the market is divided into pet sofas and beds, pet houses, pet trees, and others. On the basis of pet type, the market is segmented into dogs, cats, aquatic pets, birds, and others. On the basis of distribution channels, the market is split into offline retail (Furniture retail outlets supermarkets/hypermarkets) and online retail. Geographically, the market is classified into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
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Pet Furniture Market Size Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Pet Furniture market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Pet Furniture market
The Global Pet Furniture Market Research/Analysis Report Contains Answers to your following questions:
- Which Manufacturing Technology is used for Pet Furniture ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Pet Furniture Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Pet Furniture Market? What Was Capacity, Production Value, Cost and PROFIT of Pet Furniture Market?
- What Is Current Market Status of Pet Furniture Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Pet Furniture Market Trends by Taking Applications and Types in Consideration?
- What Are Projections of Global Pet Furniture Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Pet Furniture Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Pet Furniture Industry? What are Global Pet Furniture Analysis Results? What Are Global Pet Furniture Development Trends?
- What Are Market Dynamics of Pet Furniture Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Pet Furniture Industry?
Competitive Landscape -
Inter IKEA Systems Launched A Wide Range Of Eco-Friendly Furniture
In May 2018, Inter IKEA Systems introduced a variety of eco-friendly furniture and pet toys made of organic materials. IKEA introduces LURVIG – Swedish for 'hairy' – a line of pet furniture. The collection includes pet beds, cushions, scratching posts, and other items that are designed to fit around existing furniture.
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