Global Pet Furniture Market Size, Share, Growth Analysis, By Pet(Cat, Dog), By Product(Pet sofas and beds, Pet houses), By Material(Cotton, Plush), By Distribution Channel(Specialty stores, Supermarket and Hypermarket)

Description

Pet Furniture Market size was valued at USD 3.61 billion in 2021 and is poised to grow from USD 3.81 billion in 2022 to USD 5.93 billion by 2030, growing at a CAGR of 5.9% in the forecast period (2023-2030)

Pet furniture refers to specially designed furniture catering to the needs of various pets like dogs, cats, and other animals. It has gained significant popularity in developed regions of the United States and Europe, where manufacturers continuously innovate to provide pet owners with convenient and comfortable lifestyle options for their furry companions. In the coming years, several factors are expected to drive the growth of the pet furniture market. These include an increase in disposable income, growing concerns about pet health and fitness, and a rising demand for pet-related products. The global trend of treating pets as family members has led to a surge in popularity, with millennials, in particular, advocating for personalized and stylish pet accessories and furniture in their homes.

Customization has become a key factor in the market, as it allows pet owners to add a personal touch to each piece of pet furniture. The demand for pet-friendly offices and travel-related pet furniture is also expected to rise in the near future. Furthermore, the popularity of trendy and multi-functional pet furniture, along with the availability of smart beds with thermostatic control, will drive the market forward. The growing demand for pet furniture has been instrumental in propelling the entire industry. These furniture pieces, such as pet beds, coffee tables, bedside tables, and chairs, are designed with space-saving features in mind, making them easily portable and adaptable for consumers with limited space. Overall, the pet furniture industry is experiencing substantial growth due to the increasing demand for innovative and space-efficient solutions that cater to the evolving needs of pet owners worldwide.

Segments covered in this report:

The pet furniture market is segmented on the basis of by pet type, By product type, By material type, By distribution channel, and by geography. Whereas, By pet type it is segmented into the Cat, Dog, and others. By product type it is segmented into the Pet sofas and beds, Pet houses, Pet trees, and others. By material type it is segmented into the Cotton, Plush, Fabric, Woods, and others. By distribution channel it is segmented into the Specialty stores, Supermarket and Hypermarket, Online, and Offline. By region IT is classified into North America, Europe, Asia pacific, South America, and the Middle East and Africa.

Driver

The work-from-home trend has led to increased pet care and adoption globally, driving the demand for pet furniture. According to the American Pet Products Association, around 67% of US households own a pet, indicating a growing market. Rising disposable income and improved living standards are expected to further boost the pet furniture market. The concept of pet grooming is gaining popularity, contributing to the positive growth of the pet industry.

Restraint

The market growth of cozy smart pet houses and beds with high prices may face hindrance as they offer luxurious comfort and temperature control for pets, making them popular choices. However, the affordability factor can pose a challenge for certain income segments, potentially limiting the expansion of the market.

Market Trends

The growing "pet parent" culture has opened up numerous opportunities for key players in the global pet furniture market. Millennials, in particular, are driving demand for eco-friendly and high-quality products, which is expected to fuel industry growth. The trend of humanizing pets, treating them as integral family members, is also likely to boost the global pet market. As pet owners increase their spending on their furry companions, manufacturers are encouraged to invest more in research and development. This will result in a higher number of new product launches, ultimately driving sales within the market.

Product Code: SQMIG30K2011

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Pet Furniture Market by Pet

Market Overview
Cat
Dog
and others

Global Pet Furniture Market by Product

Market Overview
Pet sofas and beds
Pet houses
Pet trees
and others

Global Pet Furniture Market by Material

Market Overview
Cotton
Plush
Fabric
Woods
and others

Global Pet Furniture Market by Distribution Channel

Market Overview
Specialty stores
Supermarket and Hypermarket
Online
and Offline

Global Pet Furniture Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Armarkat
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Bowsers Pet Products
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Crown Pet Products
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Drs. Foster & Smith
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
FURminator, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Go Pet Club
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hartz Mountain Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Jollyes Pet Superstore
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
K&H Pet Products
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kuranda USA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
M Pets
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Merry Products Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Midwest Homes for Pets
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Petco Animal Supplies, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Petmate
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
PetPals Group Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Prevue Pet Products, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Richell USA, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
The Refined Feline
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Ware Manufacturing, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Pet Furniture Market Size, Share, Growth Analysis, By Pet(Cat, Dog), By Product(Pet sofas and beds, Pet houses), By Material(Cotton, Plush), By Distribution Channel(Specialty stores, Supermarket and Hypermarket) - Industry Forecast 2023-2030