DUBLIN–(BUSINESS WIRE)–The report “Pet Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.
The global pet furniture market reached a value of US$3.3 billion in 2021. Looking ahead, the publisher expects the market to reach US$4.5 billion. by 2027, with a CAGR of 5.33% in 2022-2027.
LLC Custom Grade Pet Furniture
Furhaven Pet Products
Go Pet Club LLC
Inter IKEA Holding B.V.
Luxury Pet Furniture Ltd
Midwestern Pet Homes
North American Pet
Pet Equipment Inc
PetPals Group Inc.
Prevue Pet Products Inc.
Shanghai Senful Pet Products Co.Ltd.
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor.
Pet furniture, also known as animal-friendly furniture, is designed to meet the needs of different pets, including dogs, cats, rabbits, hamsters, and fish. It is made from safe and durable materials to meet the natural needs and behavior of pets. Some of the commonly used pet furniture includes beds, hammocks, kennels, dog coolers, cat trees, parrot tents, and play equipment. At present, it is widely available in many shapes, sizes and colors at pet specialty stores and other markets.
Rising adoption of pets, especially among the millennial population, across the globe represents one of the key factors supporting the growth of the market. Apart from this, as pets are treated like family members, there is an increase in spending on toys, travel accessories, beds, clothing, collars, leashes, medications, gifts, bowls and grooming services and veterinarians.
This, in conjunction with the growing availability of pet insurance, is helping the market grow. Additionally, there is a significant increase in the demand for innovative and fashionable pet accessories, such as furniture. As a result, major market players are focusing on innovating multi-functional and stylish products to meet consumer preferences.
They also follow a design-centric approach to complement pet owners’ home decor and hence use designer prints and premium quality fabrics, faux furs and wicker to manufacture the product. In addition to this, they use natural and eco-friendly raw materials, such as jute and banana leaves. Furthermore, an increase in the tendency to bring and keep pets in offices is positively influencing the demand for multifunctional pet furniture, which acts as another growth factor.
Answers to key questions in this report:
How has the global pet furniture market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global pet furniture market?
What are the main regional markets?
What is the market breakdown by product?
What is the market breakdown by application?
What is the market breakdown by distribution channel?
What are the different stages of the industry value chain?
What are the key drivers and challenges in the industry?
What is the structure of the global pet furniture market and who are the key players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global Pet Furniture Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Product
7 Market Breakdown by Application
8 Market Breakdown by Distribution Channel
9 Market Breakdown by Region
10 SWOT Analysis
11 Value chain analysis
12 Analysis of the five forces of carriers
13 Price Analysis
14 Competitive landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/1bxy9y