According to the latest report by IMARC Group, titled “Pet Furniture Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027,” The global pet furniture market reached a value of US$ 3.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting at a CAGR of 5.33% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Pet furniture is specially designed movables to meet the different types of requirements of various pet animals, such as cats, dogs, and rabbits. Some of the commonly used pet furniture includes beds, strollers, grooming tables, fences, pet gates, bowls, feeders, and litter boxes. They are usually made using safe and durable materials to suit the natural needs and behavior of pets.
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Market Trends:
The rising inclination of consumers toward fashionable and multifunctional pet furniture over conventional movables due to their aesthetically appealing look and customizable properties is one of the key factors driving the global pet furniture market toward growth. In addition to this, numerous initiatives undertaken by the governments of various nations for animal welfare to promote safe and hygienic living conditions are contributing to the market growth. Product innovations, including do-it-yourself (DIY) pet furniture, are creating a positive outlook for the pet furniture market further across the globe.
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List of Key Companies Covered in this Market Report:
- Custom Quality Pet Furniture LLC
- Furhaven Pet Products
- Go Pet Club LLC
- Inter IKEA Holding B.V.
- Luxury Pet Furniture Ltd
- MidWest Homes For Pets
- North American Pet
- Pet Gear Inc
- PetPals Group Inc
- Prevue Pet Products Inc.
- Shanghai Senful Pet Products Co.Ltd
- Ware Pet Products.
Breakup by Product:
- Beds and Sofas
- Houses
- Trees and Condos
- Others
Breakup by Application:
- Cats
- Dogs
- Others
Breakup by Distribution Channel:
- Specialty Stores
- Supermarkets and Hypermarkets
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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