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The pet furniture market share is projected to increase by USD 4.95 billion from 2021 to 2026, at a CAGR of 6.55%. This report covers the post COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the future.
This pet furniture market research report extensively covers market segmentations by the following:
The pet furniture market report also provides information on several market vendors, including Catipilla Ltd., Central Garden and Pet Co., Designer Pet Products, Doskocil Manufacturing Co. Inc., Enchanted Home Pet, Fantasy Manufacturing Ltd., Go Pet Club, Hangzhou Tianyuan Pet Products Co. Ltd., Inter IKEA Holding BV, Kitty Mansions, Lord Lou, Meyou Paris SAS, MiaCara GmbH and Co. KG, MidWest Homes for Pets, North American Pet Products, Omega Paw Inc., PetPals Group Inc., Petz Podz Ltd., Prevue Pet Products, and Ware Manufacturing Inc. among others.
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The availability of a wide range of fashionable and multifunctional pet furniture is notably driving the pet furniture market growth, although factors such as growing awareness of pet allergies among human beings may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the pet furniture industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Pet Furniture Market Driver
Key Pet Furniture Market Trend
Key Pet Furniture Market Challenge
This pet furniture market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global pet furniture market as a part of the global home furnishings market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the pet furniture market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the pet furniture market encompasses successful business strategies deployed by the key vendors. The pet furniture market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The pet furniture market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the pet furniture market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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39% of the market's growth will originate from North America during the forecast period. The US is the key market for pet furniture in North America. Market growth in this region will be faster than the growth of the market in South America, APAC, and MEA.
With a growing millennial population and an ever-increasing trend of pet humanization, consumers in the North American region spend most on premium and luxury goods for their pets than just on pet food. This will facilitate the pet furniture market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the COVID-19 pandemic adversely affected North American countries. It resulted in the temporary closure of various industries, including those manufacturing pet furniture. Governments of countries such as the US, Canada, and Mexico imposed stringent COVID-19-related restrictions, such as nationwide lockdowns and stay-at-home regulations. However, in H2 2020, the demand for pet furniture rebounded as offline channels for pet furniture in the region reopened due to the large-scale COVID-19 vaccination drives initiated in North America. These factors will drive the growth of the regional pet furniture market during the forecast period.
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The pet furniture market share growth by the pet houses segment will be significant during the forecast period. The growth is attributed to the high adoption of pet houses in the developed countries of North America and Europe owing to the increasing pet ownership in those countries and growing consumer expenditure on pet care products such as pet furniture.
This report provides an accurate prediction of the contribution of all the segments to the growth of the pet furniture market size and actionable market insights on post COVID-19 impact on each segment.
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Pet Furniture Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.55% |
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Market growth 2022-2026 |
$ 4.95 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.98 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 39% |
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Key consumer countries |
US, China, France, Germany, and Brazil |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Catipilla Ltd., Central Garden and Pet Co., Designer Pet Products, Doskocil Manufacturing Co. Inc., Enchanted Home Pet, Fantasy Manufacturing Ltd., Go Pet Club, Hangzhou Tianyuan Pet Products Co. Ltd., Inter IKEA Holding BV, Kitty Mansions, Lord Lou, Meyou Paris SAS, MiaCara GmbH and Co. KG, MidWest Homes for Pets, North American Pet Products, Omega Paw Inc., PetPals Group Inc., Petz Podz Ltd., Prevue Pet Products, and Ware Manufacturing Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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