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Plastic-based Pet Water Fountains will Lead the Pet Water Fountain Market During Forecast Period 2021-2031
Pet Water Fountain Market
The report offers actionable and valuable market insights of Pet Water Fountain. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Pet Water Fountain Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Pet Water Fountain, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Pet Water Fountain Market.
Pet e-commerce has proliferated the growth of pet water fountain market in the past half-decade. With the increasing footprint of pet e-commerce, global pet water fountain market is expected to witness a CAGR of around 6% during the forecast period.
With increasing demand and expansion initiatives of international players, the market in East Asia is expected to grow 2.1X by 2029 over 2019, exceeding the demand in Europe.
Pet Water Fountain market is consolidated with top tier companies accounting for more than 60% share in the market. Leading manufacturers are focusing on developed regions like North America and Europe.
Online spending for pet products has gone up to 44%. In case of pet water fountains this percentage is significantly higher as several companies are highly dependent on online channels for the sales of their pet water fountains.
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Global Pet Water Fountain Market: Segmentation
A segmentation table of the global pet water fountain market has been provided below on the basis of material, pet, drinking level, mechanism, filtration, sales channel, and region.
Material
Plastic
Steel
Ceramic and Stoneware
Pet
Cats
Dogs
Multipet
Drinking Level
Single Drinking Level
Multi Drinking Level
Mechanism
Gravity-based
Battery/ Electricity-based
Filtration
Charcoal Filters
Multi-Level Filters
Without Filter
Sales Channel
Pet Supply Stores
Supermarkets and Hypermarkets
Online Retail
Region
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
This taxonomy and the detailed table of content prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.
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Key Takeaways of Pet Water Fountain Market
Plastic-based pet water fountains accounted for more than 50% of the market in 2018. Decelerating costs of plastic-based pet water fountains as compared to steel, ceramic & stoneware variants makes plastic-based pet water fountain a preferable option for pet owners.
East Asia accounts for more than 1/5th of pet fountain market share, and is expected to exceed the European market by end of forecast period. Pet ownership rose at an abrupt pace in the past three-four years in East Asia, consequently leading to high growth in pet water fountain market.
In 2018, pet supply stores were the largest revenue streams for pet water fountains. However, by the end of forecast period, online stores are expected to surpass it.
Pet fountain market is consolidated with top three players accounting for more than 55% of revenue share. Hagen Group leads the competition with a strong performance of its brands Catit, Dogit and Zeus in the global market.
“Manufacturers of pet water fountain have an opportunity to expand outside their established bases through engagement with local partners.” says the Fact.MR analyst
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Key Question answered in the survey of Pet Water Fountain market report:
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More Valuable Insights on Pet Water Fountain Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Pet Water Fountain, Sales and Demand of Pet Water Fountain, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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