Future Market Insights, Dubai: ESOMAR-certified consulting firm Future Market Insights’ report on global dog gates, doors, & pens market projects a staggering growth, topping a valuation of approximately US$ 8.9 Bn over the forecast period of 2021 and 2031.
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Growing adoption of dogs across the globe and technological innovation in the products are the major factors propelling growth. Increasing pet humanization among millennials, especially across India, Brazil, and Australia, are increasing the consciousness regarding the pet welfare.
On the back of the aforementioned factor, demand for dog gates, doors, & pens will surge at over 6.6% CAGR during the forecast period. With increasing social media penetration, millennials are increasingly becoming aware regarding their responsibilities towards animals.
Increasing initiatives undertaken by animal rights activists and growing adoption of shelter animals have encouraged the millennials to adopt dogs as pets. Thereby, increasing the sales of dog doors and pens.
As per the FMI’s analysis, due to the onset of the novel COVID-19, the global dog gates, doors, & pens sales grew moderately as manufacturing activities were disrupted. However, adoption of pets surged, especially across India and Brazil, which boosted the demand for dog pens.
Hence, to cater the surging demand, key players relied on e-commerce giants such as Amazon and Walmart to sustain their position and generate lucrative revenues, benefiting the market.
2021-2031 Dog Gates, Doors, & Pens Market Outlook in Comparison to Sales Registered in 2016-2020
Growth of dog gates, doors, & pens market is mainly driven by increasing adoption of companion animals and growing awareness about the pet safety.
As per the FMI’s analysis, the global dog gates, doors, & pens demand is anticipated to exhibit healthy expansion, surpassing valuation of 8.9 Bn during the forecast period of 2021 and 2031.
With pet industry tapping into next-generation technologies while assisting the development of smart and energy-efficient dog gates, doors, & pens, the market is anticipated to witness substantial gains over the forecast period.
Burgeoning demand for smart doors and puppy / dog pens market will aid growth over the coming years. As per FMI’s analysis, the convertible and heavy duty pens are expected to emerge as the most lucrative segment, exhibiting high growth through 2031.
Increasing adoption of shelter puppies and other small sized dogs have increased the demand for dog pens for training purposes. Emergence of social media is contributing to the growing awareness regarding the pet responsibility and care of dogs.
These are the major factors propelling the market growth. Increasing social media penetration, coupled with virtual dog training programs have encouraged the pet owners to contribute in pet wellness and accessories.
As key players are extensively relying on e-commerce platforms, new product launches and development of smart dog doors and gates are gaining immense popularity among pet owners. Hence, key players are adopting advanced technologies such as artificial intelligence to detect the presence of the pet through audio.
Availability of these premium quality dog gates, doors, and pens in cost-effective prices is attracting a large consumer base, accelerating the sales. Also, advent of smart doors which are energy efficient and have automated lock controls are acquiring popularity rapidly.
Based on these aforementioned factors, the market will exhibit steady growth registering a CAGR of over 6.6% during the forecast period of 2021 and 2031.
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Key Takeaways from FMI’s Dog Gates, Doors, & Pens Market Study
- In terms of sales channel, online retail stores are expected to dominate the segment over the forecast period
- Modern trade sales channel segment will hold the largest share in the market during the forecast period
- Based on type, demand for electronic dog gates, doors, and pens will surge at 9.6% CAGR through 2021 & beyond
- In terms of product, dog pens segment is expected to hold more than half of market share.
- India and Australia are expected to emerge as the most lucrative market across South Asia and Oceania
- Germany is anticipated to hold the largest market share across Europe, accounting for nearly one-fourth of sales.
Who is Winning?Some of the key players operating in the dog gates, doors, & pens market Richell Inc., Midwest Pet Products Inc., Ware Pet Products, FurHaven Pet Products, Endura Flap, Ideal Pet Products, Plexidor, Petsfit Inc., High Tech Pet Products Inc., Hale Pet Door, Takara Industry Co. Ltd., Gun Dog House Door Inc., Carlson Products, ZampaPet, and IRIS USA Inc. among others.
As per the FMI’s analysis, leading players in the market are focusing on product development, and sustainability to introduce new smart products such as smart pet doors integrated with cutting-edge technologies to expand their global footprints.
Also, the market players are adopting expansion strategies such as mergers and collaboration with local and online distributors to cater the surging need amidst the global pandemic. Industry giants are relying on digital marketing and social media platforms to reach global audience and improve their brand awareness.
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