Pet Furniture Market - Growth, Trends and Forecast (2020 - 2025)

The Global Pet furniture Market Is Segmented by Product Type Beds & Sofas, Houses, Trees & Condos; by Pet type into Dogs, Cats and Others; and Geography

Market Snapshot

Study Period:

2020-2025

Base Year:

2019

Fastest Growing Market:

Europe

Largest Market:

North America

CAGR:

5.8 %

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Market Overview

Pet furniture is a specialty product that is manufactured according to the requirements of different types of pet like dogs, cats, and others. Pet furniture's are available in pet speciality stores and retail outlets such as supermarkets, hypermarkets and online globally. Pe furniture is mainly popular in developed regions of the Americas and Europe, where manufacturers are coming up with new product innovations to help pet owners adopt to a much more convenient lifestyle Dogs and cats segment are key to the performance of the market. Introduction of advanced cost effective and customised furniture, rising concerns towards pet care, increase in health expenditure for animals, thus swelling the demand for pet furniture across the globe.

Scope of the Report

This report categorizes the market based on product type, pet type and Geography. This report focuses on the pet furniture in the global market, especially in North America, Europe and Asia-Pacific, South America, Middle East, and Africa. The companies in the industry operate in B2C format.

By Product type
Bed & Sofas
Houses
Trees & Condos
Others
By Pet Type
Cats
Dogs
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Rest of the Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Rest of the Middle East & Africa

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Key Market Trends

Popularity of customised pet furniture is gaining traction in the market

The trend of keeping pets and treating them as family members is rising globally. The Millenials, new age pet parents feel their four-legged children, should also have well-furnished home having their own set of furniture like their owners, which makes more comfortable, durable and stylish pet accessories/ furniture which does not disturb the aesthetic sense of home.  Customization holds more appeal to the customers as it adds a personal touch to the pet furniture and this factor will play a large role in the growth of the pet furniture market. Manufacturers are using organic or natural materials for making pet furniture. Product innovation through customization is achieved by offering customers the choice to build parts of the pet furniture and choose the material and color of the final product. Also, features such as bedding, built-in storage space, and seating configurations are being offered with customized pet furniture which is very likely to augment the growth of the global pet furniture market over the next five years.

 

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North America Dominates the Pet Furniture Market

Pet parents in the United States are spending more on their pet well being and safety. According to the American Pet Productions Association (APPA)  in 2018 alone, pet care spending hit $72.5 billion, a 4 percent increase from the year prior. The U.S. and Europe have long been the leaders of the world pet market. Another growing force in the pet market is Asia Pacific, which has witnessed dramatic growth in the pet industry. Increasing disposable income which has led to increase spending on pets, rising concerns towards health and fitness of pets and increasing demand in developing nations across the globe are some of the key elements expected to prompt the demand for pet furniture over the forecast period.

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Competitive Landscape

The key players are highly focusing innovation by investing a lot in R&D activities in production technologies to design smart pet furniture and improve shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product type

      1. 5.1.1 Bed & Sofas

      2. 5.1.2 Houses

      3. 5.1.3 Trees & Condos

      4. 5.1.4 Others

    2. 5.2 By Pet Type

      1. 5.2.1 Cats

      2. 5.2.2 Dogs

      3. 5.2.3 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Rest of the Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Rest of the Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 North American Pet Products

      2. 6.3.2 Go Pet Club LLC

      3. 6.3.3 MidWest Homes For Pets

      4. 6.3.4 PetPals Group, Inc

      5. 6.3.5 Ultra Modern Pet

      6. 6.3.6 Critter Couch Company

      7. 6.3.7 Inter IKEA Systems B.V.

      8. 6.3.8 Ware Pet Products

      9. 6.3.9 Ultra Modern Pet

      10. 6.3.10 Design Milk

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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