The “Cat Litter Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The global cat litter products is projected to grow at a CAGR of 6.5% during the forecast period (2021 – 2026).
- Mars Inc.
- Nestle S.A
- Church & Dwight Co., Inc.
- The Clorox Company
- Dr. Elsey’s
- Oil-Dri Corporation of America
- Pestell Pet Products
- ZOLUX SAS
- Cat Litter Company
- Healthy Pet
Key Market Trends
Increase in Cat-Owing Households
The rise in the cat population i.e., increase in the number of multi-cat households is driving the demand for cat litter, and also it is becoming easier to take care of cats with the introduction of efficient products in the market. Moreover, self-cleaning cat litter helps to maintain cat hygiene despite the time constraints of the owner of the cat. Due to technological advances and growing acceptance among customers, cat litter sales across online sales channels are expected to see significant growth over the forecast period. In addition to the market’s key players, popular e-commerce platforms like Amazon.in are encouraged to generate revenue by selling these products. Considering the environmental and health implications of clay and silica-based litter, cat owners are looking out for more natural and eco-friendly options that are safe for pets. Manufacturers are also engaged in the development of innovative solutions to get customers attracted. For instance, Companies such as Church & Dwight claimed that 40.0% of their consumer product sales are from innovative products.
North America Dominates the Market
North America had the largest share in 2019. Due to the increasing number of cat owners in the region, the region continues to be the leading market. Countries such as the United States and Canada are the major markets in the region. North America is followed by Europe, which also holds a significant share in the market. According to the American Pet Products Association’s survey for 2019-2020, 42.7 million households which are 40.0% of the population in the United States own a cat as a pet, owning 94.2 million cats. Approximately USD 1,000.0 is spent annually for the well-being of their pet cat. Hence these aforementioned factors are anticipated to drive the market in the region during the forecast period.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter’s Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Product Type
5.1.1 Clumping Clay
5.2 Raw Material
5.3 Distribution Channel
5.3.1 Specialized Pet Shops
5.3.2 Internet Sales
5.3.4 Other Sales Channels
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 AN ASSESSMENT OF COVID-19 IMPACT ON THE INDUSTRY
For more information about this report visit https://www.researchandmarkets.com/r/uomhtj
Laura Wood, Senior Press Manager
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