Pet Furniture Market is Expected to Grow at a CAGR of 6.5% by 2027-Allied Market Research

"Global brands such as MidWest Homes for Pets, Nest Bedding and North American Pet Products are bringing new line of pet furniture related to pets and are providing different varieties of pet furniture for consumers. Innovative product offerings with latest features such as multi functions and customized by global brands for specific target group such as young population and working families is increasing regional demand for pet furniture"

Allied Market Research published a new report, titled, “Pet Furniture Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. This research report also provides details on the revenue drivers, product innovations, government regulations & policies that act as a game-changer in the market growth

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The prominent companies profiled in this report include FurHaven Pet Products, Go Pet Club, MidWest Homes for Pets, Nest Bedding, North American Pet Products, PetPals Group, Inc, Prevue Pet Products, Taizhou Huamao Handicraft Article Co., Ltd, Ultra Modern Pet, Ware Pet Products. Currently, the pet furniture market is majorly driven by growth strategies such as product. Nest Bedding launched natural pet beds in recent years to increase their customer base and expand their market penetration.

Key Findings Of The Study

In 2019, North America was the highest revenue-generating market, due to rise in health care expenditure and well-established health care facilities in this region
Europe has emerged to be the second largest market with France and Germany accounting for the prominent pet furniture market share of the overall market by value.
Houses has emerged to be the prominent segment due to increase in demand for wide range of varieties.
Asia-Pacific is expected to witness the fastest growth from 2019 to 2027, owing to increase in adoption of eco-friendly pet furniture in developing economies such as China and India

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Allied Market Research has segmented the Capsule Hotel Market report on the basis of Type, Product , Distribution

By Pet Type

Cat
Dog
Others
By Product Type

Houses
Bed & Sofas
Trees & Condos
By Distribution Channel

Specialty Stores
Supermarkets & hypermarkets
E-Commerce
Others
Regional Analysis Covered in this Report are:

North America [United States, Canada, Mexico]
South America [Brazil, Argentina, Columbia, Chile, Peru]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
The Middle East & Africa [GCC, North Africa, South Africa]
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asi

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