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Pet Cages Market Pegged for Robust Expansion by 2026

02-05-2019 05:21 PM CET | Health & Medicine

Press release from: Transparency Market Research

Pet cage is an enclosure or a box which is used to protect pets. Pet cages are also used to display animals in a zoo. Pet cages are made of mesh, wires, or bars. There are various regulatory bodies across the world to control the quality, safety, and standard of pet cages. World Animal Protection Organization, Ontario SPCA, American Rabbit Breeders Association, Inc. are some of the regulatory bodies. Pet cages are available in different colors, size, materials, and shape. In addition, pet cages are easy to use and clean. All these advantages and features make pet cages popular all around the world.

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Companion animal services and products account for a major share of consumer expenditure across the world. Another factor which is expected to drive the global pet cage market across the world is the buying preference for superior pet products by pet owners for pet safety and care. In addition, increase in pet ownership by single parents and couples with no kids and rise in the standard of living and increasing disposable income is expected to drive the demand for pet cages in the near future. On the other hand, introduction of alternative retail outlets in the last decade has changed the outlook by making pet care products available to consumers in nearby shops and they are available at lower prices in retail stores.

The emergence of online retail channels has also provided consumers with options to choose different product varieties. These factors are expected to create huge opportunity for the pet cages market during the forecast period across the world. There are no direct substitutes available in the market for pet cages. However, build in cages like the cupboard under the stairs and others handmade cages can be a viable option as a replacement to the pet cages. Hence, threat of substitutes is low for the global pet cages market.

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The global pet cages market can be segmented based on pet type, size, material, distribution channel, and geography. Based on pet type, the global pet cages market can be classified into cat, dog, rabbit, and others. On the basis of size, the global pet cages market can be segmented into small pet cages, medium pet cages, and large pet cages. In terms of material, the global pet cages market is segmented into metal, wooden, and others. On the basis of distribution channel, the market is classified into online and offline. The offline distribution channel is further sub-segmented into supermarkets/ hypermarkets, specialty stores and others.

Specialty stores are expected to dominate the pet cages market during the forecast period. On the basis of geography, the global pet cages market is classified into Asia Pacific (India, China, and Japan), Europe (U.K, France, and Germany), North America (U.S and Canada), South America (Brazil), and Middle East & Africa (GCC and South Africa). Europe is expected to hold major share of the global market, followed by North America. There is rising concern for pets and pet care in these regions and this is expected to boost the pet cages market in the coming years. Rising adoption of pets across South America and Asia Pacific is expected to fuel the growth of the global pet cages market during the forecast period.

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Major players operating in the global pet cages market include Delton Pet Supplies, Petsfit, The Pet House Company, Prevue Pet Products, Advantek, Bass Equipment, TRIXIE, The Hutch Company, Boyle's Pet Housing, SmithBuilt Crates, Pets at Home Ltd, Wisdom Global Limited, Kaytee Products, Inc., MidWest Homes for Pets, Advance Pet Products and others.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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