Pet Water Fountain Market
Pet Water Fountain Market By Material (Plastic, Steel, Ceramic and Stoneware), By Pet (Cats, Dogs, Multipet), By Drinking Level (Single Drinking Level, Multi Drinking Level), By Mechanism, By Filtration, By Sales Channel, By Region - Global Market Insights 2019 to 2029
Pet Water Fountain Market on Positive Growth Trajectory of 6%, with Proliferation of E-commerce Channels
Pet e-commerce has proliferated the growth of pet water fountain market in the past half-decade. With the increasing footprint of pet e-commerce, global pet water fountain market is expected to witness a CAGR of around 6% during the forecast period.
Alongside e-commerce heavyweights like Amazon, the availability of several pet product specific e-commerce companies such as Chewy.com, ZooPlus, MoerSky, Petco Animal Supplies and Lazada have made the visibility of pet products including pet water fountains easier for consumers.
Online spending for pet products has gone up to 44%. In case of pet water fountains this percentage is significantly higher as several companies are highly dependent on online channels for the sales of their pet water fountains.
Pecute and iYoung are amongst the top companies that largely sell their products through online channels such as Amazon.
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Plastic-based Pet Water Fountains to Lead, Ceramic Fountains Catching Up
Sales of plastic based pet water fountains are soaring on back of their lower price tag (when compared on a similar set of attributes with other material based fountains).
After plastic, ceramic material based water fountains have garnered highest traction of sales among consumer groups. Ceramic fountains also add aesthetic appeal, owing to which their demand is increasing.
- Observing a shift in consumer sentiments, Drinkwell brand owned by Radio Systems Corporation has started to focus on Lotus and Zen, its ceramic and steel fountains respectively.
- Pioneer Pet has also increased its focus on ceramic water fountain at Global Pet Expo. iPetti is another pet fountain company that has equal focus on ceramic as well as plastic fountains.
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East Asia to Witness High Demand Growth, Europe Closing In
While the pet water fountain market has flourished in developed economies like North America and Europe, demand from China and ASEAN countries has been significantly increasing.
This increase in demand for pet water fountains in emerging countries have led manufacturers to expand their footprint in these regions. Some manufacturers have established warehouses in China with an objective to produce relatively cost effective products to strengthen their distribution channels in these regions.
Both East and South Asia have witnessed brisk growth in pet adoption rate which has increased the number of prospective consumers for pet water fountain in these regions.
With increasing demand and expansion initiatives of international players, the market in East Asia is expected to grow 2.1X by 2029 over 2019, exceeding the demand in Europe.
Top Players Expanding in Asia-Pacific through Differentiating Strategies
Pet Water Fountain market is consolidated with top tier companies accounting for more than 60% share in the market. Leading manufacturers are focusing on developed regions like North America and Europe.
However, with increasing opportunities in unorganized markets like Asia-Pacific, companies have shown to increase focus on these foreign markets.
While Pet Water Fountain manufacturers like Radio Systems Corporation and iPettite have established warehouses in China to consolidate in Asia-Pacific region, other Pet Water Fountain manufacturers like Doskocil Manufacturing, Pet Mate and Dogness have been increasing their reach with third party online retail and foreign distributors.
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Global Pet Water Fountain Market: Segmentation
A segmentation table of the global pet water fountain market has been provided below on the basis of material, pet, drinking level, mechanism, filtration, sales channel, and region.
By Material :
- Ceramic and Stoneware
By Pet :
By Drinking Level :
- Single Drinking Level
- Multi Drinking Level
By Mechanism :
- Battery/ Electricity-based
By Filtration :
- Charcoal Filters
- Multi-Level Filters
- Without Filter
By Sales Channel :
- Pet Supply Stores
- Supermarkets and Hypermarkets
- Online Retail
By Region :
- North America
- Latin America
- East Asia
- South Asia
- Middle East and Africa
This taxonomy and the detailed table of content prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.
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