Press release
Demand For Cat Litter Boxes Is Anticipated To Reach US$ 2.9 Billion By 2032
The global cat litter box market is anticipated to reach US$ 1.8 billion in 2022 and to grow at a CAGR of 4.8% from 2022 to 2032, according to FactMR, a supplier of market research and competitive information.The adoption of cats by working professionals has increased, and cat ownership overall is on the rise. Additionally, the youth are more likely to acquire cats, which is driving up demand for cat litter boxes that make it simple to dispose of cat waste
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6085?PS
The market demand is anticipated to be supported by cat litter boxes' increasing modernization and automation, such as the introduction of self-cleaning litter boxes. Because cats are sensitive to the environment and the weather, they must stay inside during certain weather conditions, which causes cat litter box sales to significantly increase during these times of year.
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข The global cat litter box market is projected to expand at a CAGR of 4.8% and reach US$ 2.9 billion by 2032.
โข Sales of cat litter boxes increased at 3.2% CAGR from 2017 to 2021.
โข Residential buyers hold a major market share of 52.3%.
โข Under filler type, clay cat litter boxes hold 58.8% share in the overall market.
โข The North American region is the market leader with 32.5% market share in 2021.
โข Demand for cat litter boxes is projected to rise at CAGRs of 3.9% and 3.5%, respectively, in North America and Europe.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐
The cat litter box market is characterised by a small number of well-established businesses and a small number of new entrants. Companies are concentrating on introducing robotic and autonomous cat litter boxes. However, the price of these boxes is preventing their widespread adoption.
Customers are likely to choose affordable cat litter boxes as a result of the pandemic's reduction in their discretionary budget, which makes it difficult for producers to capitalise on this trend. Therefore, the industry is projected to witness increased R&D spending during the next years to lower the price of automatic cat litter boxes.
The study offers comprehensive analysis on diverse features, including speculative and current installed base, unit production, type-wise pricing, revenue growth and list of consumers with installation base, product enhancements, and revenue generation from cat litter box manufacturers across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account revenue through cat litter box manufacturers during the forecast period.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=6085?PS
๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐ผ๐ณ ๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐ผ๐ป ๐๐ต๐ฒ ๐๐ฎ๐ ๐๐ถ๐๐๐ฒ๐ฟ ๐๐ผ๐ ๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
The Covid-19 pandemic will increase health and hygiene concerns among cat owners; consumers are likely to prioritize purchase of litter boxes that address these concerns. The impact of this will be felt on the cat litter boxes market as well as cat litter in general.
The economic ramifications of the crisis will also result in a decrease in disposable incomes of consumers and they will thus look to optimise their investments in litter boxes in terms of hygiene requirements and affordability.
The self-cleaning cat litter boxes market is likely to benefit from this scenario as consumers will look to reduce their handling of cat litter as much as possible. The challenge for manufacturers will thus be to increase the affordability of cat litter boxes.
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Prominent cat litter box manufacturers are Petnovations Inc., Modkat, AutoPets, Spectrum Brands Inc., Omega Paw, Kitty Poo Club, Pretty Litter, Skoon, Kitty's Wonder Box, Cats Desire, and Cosmic Pet.
Manufacturers of cat litter boxes are launching products that are in line with market trends. For instance, they are launching advanced cat litter boxes to reduce human effort in cleaning cat litter. This has driven the market for automatic cat litter boxes.
Furthermore, key market players are investing in research and development to gain expertise in product innovation and maintain their dominance in the overall market.
โข AutoPets in 2019 announced a significant investment of nearly US$ 31 million to accelerate its growth and provide liquidity to the business. The company is also looking to expand its manufacturing and shipping facility. It is also looking for partnering with other companies to support product innovation.
โข Spectrum Brands Inc. 2020 announced the expansion of its footprint in the home disinfectant category. This is targeted to eliminate cat and dog mess to disinfect soiled household surfaces. This new line of EPA-registered home disinfectants kills 99% of feline and canine viruses.
Fact.MR has provided detailed information about the price points of key manufacturers of cat litter boxes positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ฎ๐ ๐๐ถ๐๐๐ฒ๐ฟ ๐๐ผ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
By Structure Type
โข Open Cat Litter Boxes
โข Covered Cat Litter Boxes
โข Disposable Cat Litter Pans
โข Self-cleaning Cat Litter Boxes
โข Sifting Cat Litter Boxes
โข Top-entry Cat Litter Boxes
โข Corner Cat Litter Boxes
โข High-sided Cat Litter Boxes
โข Designer Cat Litter Boxes
โข Robotic/Automated Cat Litter Boxes
By Filler Type :
โข Scoopable Cat Litter Boxes
โข Clay Cat Litter Boxes
โข Clumping Cat Litter
โข Non-clumping Cat Litter
By Buyer Type :
โข Residential Buyers
โข Commercial Buyers
โข Institutional Buyers
By Sales Channel :
โข Offline Sales Channels
โข Supermarkets and Hypermarkets
โข Pet Care Stores
โข Others
Online Sales Channels
โข Company/Brand Websites
โข e-Commerce Websites
By Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia & Oceania
โข MEA
๐๐ฒ๐ ๐๐๐น๐น ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.factmr.com/checkout/6085?PS
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐ข๐ณ๐ณ๐ฒ๐ฟ
Fact.MR, in its new offering, presents an unbiased analysis of the global cat litter box market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights based on structure type (open cat litter boxes, covered cat litter boxes, disposable cat litter pans, self-cleaning cat litter boxes, sifting cat litter boxes, top-entry cat litter boxes, corner cat litter boxes, high-sided cat litter boxes, designer cat litter boxes, robotic/automated cat litter boxes), filler type (scoopable cat litter, clay cat litter (clumping cat litter, non-clumping cat litter)), buyer type (residential buyers, commercial buyers, institutional buyers), and sales channel (offline sales channels (supermarkets & hypermarkets, pet care stores, others) and online sales channels (company/brand websites, e-Commerce websites), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
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About Fact.MR
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