ACCESS Newswire
23 Feb 2021, 18:43 GMT+10
Rising cat ownership is anticipated to play a key role in driving consumer revenues and Increased demand for items such as cat trees, condos, racks, perches, and other products is encouraged.
DUBAI, UAE / ACCESSWIRE / February 23, 2021 / FMI states in its recent study on the cat furniture-and-scratchers market that the market will record a CAGR of 6.8% through 2030. Demand for cat furniture and scratchers is anticipated to continue surging because the owners of the cats have become increasingly aware of the well-being of their pets
'Many of the players are offering semi-assembled products thus facilitating more convenience on the part of handling. Besides this, the preferences for multi-purpose cat furniture are also gaining significance.' says the FMI analyst.
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Cat furniture and scratchers Market - Important Highlights
Cat furniture and scratchers Market - Drivers
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Cat furniture and scratchers Market - Restraints
COVID-19 Impact on Cat furniture and scratchers Market
The cat furniture and scratchers market growth is anticipated to be grow owing to the COVID-19 pandemic. The value of ethical living among customers has been illustrated by the COVID-19 pandemic outbreak. An increase in perception of ethical living has also continued to draw people's interest in small and local businesses. This is one of the key reasons that has had a positive effect on local and regional players involved in the manufacture of pet furniture and scratchers.
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Competitive Landscape
The cat furniture and scratchers market players are leaning towards the expansion of the production facilities besides opting for strategic collaborations to attain a competitive edge. Also, corporations such as Tuft + Paw are actively taking steps to educate consumers on items that can assist customers to make purchase choices. Tech creativity that brings full comfort to cats has also been prioritized by the players. Both of these variables are projected to push the market's acceptance of pet furniture and scratchers in the coming years. Some of the leading companies operating in the market are American Company, North American Pet Product, Go Pet Club, LLC, PetPals Group, Inc., Tuft + Paw, Inter IKEA Systems BV
Table Of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Key Findings
1.3. Summary of Key statistics
1.4. FMI Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definition
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
3.3. Cat Furniture and Scratchers by Launch Type (%)
3.4. Branded v/s Private Label
3.5. Top five companies
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. The Massive Impact of the Crisis
5.1. Countries in action: How have countries been responding?
5.2. The Economic Impact of the COVID-19 Outbreak on Developing Asia
5.3. Impact of COVID-19 on the Gross Domestic Product of Selected Economies
5.4. Current Economic Projection - GDP/GVA and probable impact
5.5. Comparison of SAARs and market recovery, comparison to 2008 financial crisis and market recovery and forecast comparison for recovery of COVID 19
5.5.1. Cluster Wise Comparison of all Key Countries (USA, Italy, Spain, Germany, France, UK, China, India, South Korea, Japan, Iran etc.)
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About the Study
The study offers readers a comprehensive assessment of the cat furniture and scratchers market. Global, regional, and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights based on product type (Cat Trees and Condos, Shelves And Perches, Scratching Posts, Cat Steps, and Cat Beds), source (orange, apple, lemon, and others), material type (Wood, Metal, Plastic, Others) and across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
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About Future Market Insights
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, the global financial capital, and has delivery centers in the 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
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Report: https://www.futuremarketinsights.com/reports/cat-furniture-scratchers-market
Press Release Source: https://www.futuremarketinsights.com/press-release/cat-furniture-scratchers-market
SOURCE: Future Market Insights
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