Nov 17, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Cat Litter Box Market.
It was estimated prior to this unanticipated outbreak that the
is expected to grow from USD 809.3 million in 2020 to USD 1,165.3 million by 2026 at a CAGR of over 6.4% during the forecast period.
A cat litter box also known as sand box, cat pan, litter tray, cat box or litter pan is a box that is used for pets to urinate and defecate. The litter box is partly filled with absorbent materials such as clay, silica-based crystal variants or recycled paper pellets to absorb odour and moisture. It is mainly preferred by the pet owners who do not allow their pets to go outside to urinate or defecate due to outdoor dangers. The cat litter boxes are available in different shapes including open, top entry, hooded, self-cleaning and disposable.
The growth of the cat litter box is primarily driven by increase in number of people adopting cats as their pet across geographies.
Increasing demand for cat litter boxes in houses with small space and where the owners do not allow pets to go outside is propelling the market growth at a substantial rate.
Growing demand for innovative products by the cat owners is likely to create lucrative opportunities for the players operating in the global cat litter box market.
"The Automatic Cat Litter Box accounts for the largest market share"
Based on type, the market has been segmented into electric and normal boxes. The electric/automatic cat litter box segment accounted for largest market share in 2020 and is expected to register higher CAGR during the review period. The segment growth can be attributed to high product demand by the pet owners having time constraints due to busy work schedule.
"Owing to the presence of high number of cat owners, North America accounts for the largest market share."
Geographically, the market in North America accounted for the largest market share in 2020 owing to the high demand by the pet owners for innovative products to maintain hygiene of the cats. The market in Asia-Pacific is expected to register considerable growth during the forecast period. This market growth can be attributed to increasing pet adoption in countries including China and India coupled with increasing purchasing power of the consumers.
Key players operating in the global Cat Litter Box market are-
Automated Pet Care Products (The U.S.),
PetNovations Ltd (The U.S.),
Spectrum Brands, Inc. (The U.S.),
Moderna Products (Belgium),
NOBA ANIMAL CO. (Canada),
Cosmic Pet LLC (The U.S.),
Taizhou Comeon Pet Products Co., Ltd (China),
Nature’s Miracle (India), and
Cats Desire (The U.S.).
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Cat Litter Box analysis report discusses the following heads in great detail:
Market structure: Overview, industry life cycle analysis, supply chain analysis
COVID-19 Impact Assessment
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Strategic growth opportunities for the existing and new players
Key success factors
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