According to the newest analysis by ESOMAR-certified market research firm Future Market Insights, the global cat furniture and scratchers market is predicted to rise at a robust CAGR of over 6.8% during the study forecast period 2020-2030, despite a temporary dip in 2020. (FMI). The report examines the market for cat furniture and scratchers in more than 20 countries, providing a clear picture of how the growth trend will unfold.
In recent years, the growing concept of sustainability has shifted the perceptions of many industrial stakeholders. Many manufacturers of cat furniture and scratchers are now putting sustainability at the top of their priority list. Furthermore, rising environmental awareness has prompted consumers to seek out environmentally friendly products on the market. In view of the present trend, market participants are concentrating their efforts on producing scratchers made entirely of 100% recyclable cardboard. Scratching posts with sisal wraps are another popular environmentally friendly option available on the market.
Bamboo, jute, cotton, sisal, and other natural fibres are commonly used as product covers. Such eco-friendly items are widely advertised as non-toxic and green products that are safe for cats to use. Players’ efforts to promote environmentally friendly products in the market are predicted to transform the business in the next years. For the time being, wood is the preferred material for cat scratchers and furnishings.
Key Takeaways from the Cat Furniture and Scratchers Market Study
- FMI in its latest study has forecast the market to rise at a CAGR of 6.8% between 2020 and 2030
- The U.S. will remain a key market, accounting for over 71% of market in North America
- Increasing cat adoption will enable the U.K. market to register 1.6% Y-o-Y growth in 2021
- Market in Germany and France are poised to surge in the near-term assessment period
- While Japan and South Korea will emerge as highly lucrative markets, China will continue dominating market in East Asia
“Direct-to-Consumer (DTC) market channel is gaining significant popularity in the market. Market players are aggressively improving their presence on digital and other social media platforms to further promote their brand directly to the potential consumers,” says an FMI analyst.
Request Sample PDF Brochure:
https://www.futuremarketinsights.com/reports/sample/rep-gb-12041
Impact of COVID-19 on the Market
Even today brick and mortar stores account for a significant share in the market. The traditional countries like India, Vietnam, etc. even today prefer buying necessary products from physical stores. The lockdowns caused temporary store closures directly resulting in failure on the part of physical establishments to increase market of cat furniture and scratchers. Besides this, the specular shift in consumer spending from discretionary spending to only essential goods has further impacted the market during the period.
Who is winning?
Some of the key players present in the cat furniture and scratchers market are Inter IKEA Systems B.V., American Company, Tuft + Paw, Ware Manufacturing Inc., CatsPlay Furniture, Paw friendly Cat Furniture LLC, Go Pet Club, LLC., Catastrophic Creations, Mid-West homes for Pets, Profeline Cat Supplies, North American Pet Products, PetPals Group, Inc., PlayTime Workshop, Inc., Preveu Pet Products and among others.
The manufacturers currently operating in the market are stressing over design innovation. Besides this, the manufacturers are also engaged in offering customized solutions to customers. The customization is done in the case of design, style, material, covering pattern, etc.
Get Valuable Insights into Cat Furniture and Scratchers Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global cat furniture and scratchers market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the cat furniture and scratchers market based on the product type (cat trees and condos, shelves and perches, scratching posts, cat steps and cat beds), material type (wood, metal, plastic, others), and price range (US$10-US$25, US$25-US$40, US$40-US$55, and US$55 & above), market channel (independent small stores, wholesalers/distributors, specialty stores, online retailers, and other market channel) across seven major regions.
Inquire Before Buying Research Report:
https://www.futuremarketinsights.com/ask-question/rep-gb-12041
Cat Furniture and Scratchers Market by Category
Product Type
- Cat Trees and Condos
- Shelves And Perches
- Scratching Posts
- Cat Steps and Cat Beds
Material Type
- Wood
- Metal
- Plastic
- Others
Price Range
- US$10 – US$25
- US$25 – US$40
- US$40 – US$55
- US$ 55 & Above
Sales Channel
- Independent Small Stores
- Wholesalers/Distributors
- Specialty Stores
- Online Retailers
- Other Sales Channel
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
- Oceania
Read Related Reports:
https://medium.com/@akshay.shinde.vu/smart-footwear-market-2022-outlook-current-and-future-industry-landscape-analysis-2032-3029cc2151a
https://devotedlyfreshthing.tumblr.com/post/685261496485330944/smart-footwear-market-2022-scope-of-current-and
https://community-specialists.tribe.so/post/smart-footwear-market-2022-development-status-competition-analysis-type-and–628eaaecf12076d2db95a888
https://medium.com/@akshay.shinde.vu/sales-of-contact-lens-market-2022-outlook-current-and-future-industry-landscape-analysis-2029-13aa67bd39e3
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact Us:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs