The cat scratchers and trees market is expected to see a steady growth trajectory, with a projected CAGR of 4.8% from 2023 to 2033. By 2033, the market value is anticipated to reach US$664.1 million, a significant increase from its value of US$415.6 million in 2023.
Business Factors:
- Rising Concerns Among Pet Owners: Pet owners are increasingly aware of potential health and well-being issues affecting their animal companions, driving the demand for specially designed cat scratchers aimed at promoting appropriate clawing behaviors and preventing health problems.
- Shift Towards Healthy Living: The growing emphasis on healthy living extends to pets, leading to a surge in the popularity of cat scratchers and trees as essential items for maintaining feline well-being. This trend positively impacts sales in the pet product market.
Get your Sample Report to Boost Your Industry Knowledge for Valuable Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-15627
- Demand for Customization: Pet owners seek customized cat scratchers and trees tailored to their individual preferences, presenting a market opportunity for personalized pet products. However, the higher cost of customized items may pose affordability challenges for some customers.
- Competition from Substitute Goods: The market faces competition from substitute pet products such as cat toys and beds, which offer alternatives to scratchers and trees. This competition influences consumer purchasing decisions and market dynamics.
- Growth Drivers: The expanding trend of personalized pet products, characterized by a remarkable CAGR of 4.8% in the cat scratchers and trees market, indicates optimistic growth prospects. Modern pet owners prioritize products that complement their home decor and offer space-saving and multifunctional features, driving market expansion to include style-conscious consumers.
With the continuous growth of social media, businesses have a remarkable opportunity to advertise and market their products on various online platforms effectively. This is likely to help them to reach a wider customer base. This trend coincides with the evolving perspective of pet owners who consider their pets as cherished family members. Consequently, the demand for upscale and fashionable cat scratchers and trees has witnessed an upswing in response to this sentiment.
Key Takeaways
- The cat scratchers and trees market is projected to achieve a value of US$ 664.1 million by 2033.
- The United States captured a 5.0% market share in the cat scratchers and trees industry in 2022, primarily attributed to the country’s substantial number of cat owners and the wide variety of products catering to their needs.
- The cat scratchers and trees industry in China is likely to grow at a CAGR of 5.7% through 2033, driven by increasing disposable income and the surging popularity of cats as beloved pets.
- In 2022, Europe held a market share of 19.0%, boasting a mature yet progressive market driven by the escalating interest in cats among the younger consumer demographic.
- In 2022, Japan established a 4.0% market share, influenced by its substantial cat-loving community and the prominent presence of specialized cat retailers.
Competitors Winning Strategies
Competitors within the cat scratchers and trees market are innovating their product offerings in response to the evolving preferences of cat owners. They are creating a diverse range of designs using a variety of materials. Their primary emphasis lies in crafting premium-grade items that boast both longevity and resilience. Moreover, they are dedicated to optimizing their distribution networks, recognizing that efficient distribution and supply chains facilitate swift product delivery to customers.
Prominent players such as
- TRIXIE
- Dibea
- Karlie
- CATIT
- K&H
- Qiheng PET Products Manufactory Co., Ltd
- Horizon Structures
- Birds In Glass Houses
- Bonka Bird Toys
- Erva Tool & Manufacturing Co. Inc.
- Cricket Valley Structures
- Midwest Homes For Pets
- Thoren Caging Systems, Inc.
- Wyld’s Wingdom
- Caitec Corporation
- Liulin Metal Fabric Co., Ltd.
are at the forefront of competition within the cat scratchers and trees industry.
Gain Immediate Access to Detailed Market Insights: https://www.futuremarketinsights.com/checkout/15627
Recent Developments
In October 2021, Petlibro, a consortium of pet-care specialists, unveiled the introduction of the Infinity DIY – Modular & Expandable Cat Tree. This premium feline recreational space offers dynamic adaptability. It allows seamless customization to accommodate the preferences and inclinations of every individual cat.
In May 2021, BeOneBreed introduced the latest addition to its lineup, the HabiKatt cat tree. Combining both style and functionality, these cat trees are designed with modularity and personalization in mind. They can be easily expanded upon using supplementary components, creating an ideal haven for cats.
Market by Category
By Purpose
- Exercise
- Grooming products
- To play
- To sleep
- Decoration
- Others
By Material
- Sisal Fabric
- Carpet
- Rope
- Cardboard
- Wood
By Price Range
- Low
- Medium
- Premium
By Sales Channel
- Wholesalers/ Distributors
- Hypermarkets/ Supermarkets
- Convenience Stores
- Pharmacies
- Specialty Stores /Pet shops
- Online Retailers
- Other Retail Formats
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Europe
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube