Product ID: SQSG30I2025
Global Cat Litter Products Market Size, Share, Growth Analysis, By Product(Clumping, Conventional), By Raw Material(Clay, Silica), By Distribution Channel(Retail & Supermarkets, Online) - Industry Forecast 2024-2031
Report ID:
SQSG30I2025 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
87 |
Figures:
76
Global Cat Litter Products Market Insights
Global Cat Litter Products Market size was valued at USD 10.89 billion in 2019 and is poised to grow from USD 11.23 billion in 2023 to USD 16.63 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).
Global cat ownership growth and rising pet spending are both expected to have a beneficial effect on cat litter products market expansion. According to the European Pet Food Industry Federation (FEDIAF), 88 million European households were home to more than 110 million cats in 2019. The COVID-19 pandemic had a favourable effect on the market's expansion. To keep homes hygienic and tidy throughout the epidemic, there was a spike in the demand for pet and human hygiene products. Sales of pet food and care items rose by 7.4%, 13.4%, and 10.9%, respectively, in Italy, France, and the uk between March 2021 and March 2021, according to Information Resources Inc.
Additionally, businesses had a difficult time fulfilling orders during COVID-19, particularly in states where there was a mandatory stay-at-home advice and nonessential firms had to close. Additionally, the industry was experiencing interruptions in the supply chain on a global scale. However, pet food and kitty litter are considered necessities and are a big market driver.
Globally rising cat ownership is expected to have a favourable effect on cat litter products market expansion. Due to several factors, including human animosity and unfavourable weather, most cat owners prefer not to let their cats outside of the house. Over the projection period, these variables are expected to fuel product demand.
The main elements influencing consumers' purchasing decisions are cost, material, and usefulness. The increasing popularity of high-tech litter boxes may potentially have an impact on consumer choice. Due to frequent purchases, the product price for an ordinary household is between US$ 25 and US$ 30. Depending on the product kind, such as clumping, non-clumping, and others, the price varies.
The cat litter products market is driven by cat litter products since they are essential for sustaining the health of the household's cats and occupants. The owner and the cat are both involved in the decision to purchase cat litter. Cats are extremely picky when it comes to the items they utilize. While some cats enjoy silica gel litter but do not like scented litter, the majority of cats dislike the crystal shape of the litter items. Manufacturers of kitty litter products are given the chance to launch new products as a result. Cat litter is now a very popular product among cat owners, especially those who have multiple cats. However, the product's high price and some pet owners' reluctance to spend a lot of money on their animals' needs could serve as cat litter products market restraints. Additionally, this leads to a circumstance in which the market fails to introduce premium products, hence impeding market expansion.
US Cat Litter Products Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Cat Litter Products Market Report Snapshots
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