Cat Cage Market Forecast and CAGR
According to the latest research by Fact.MR, the global cat cage market is set to witness steady growth during 2021-2031. Demand for cat cage will witness steady recovery in the short term, with an optimistic growth outlook in the long run.
Cat Cage provide a safe environment for the cat to stay and roam around preventing them from wandering and making chaos.
What is driving the demand of Cat Cage?
Cat cages are the box or enclosure that is used to keep pets secure. The mounting population of a cat are giving rise large number of accident all around the globe. More than 22,586 cats are hit annually by car in a year causing major and minor injuries.
The increasing investment by the government in animal protection is encouraging the manufacturers to provide a cage with multiple facility and safety to the pet. Manufacturers are providing cages having cushion all around them giving extra care to the cat. The availability in different shapes and size not only make cat curious to stay in it but also give exquisite appeal to the owner’s house.
Given the increase in pet ownership, demand for cat cages is expected to rise at a faster rate, allowing for more efficient adoption of cat cage among pet owners. The cat cage market will grow in response to changing customer needs and creating a wider consumer base.
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Advantages of Cat Cage over Bag/Basket
Initially, baskets and bag were being used to keep the cat but with the increasing expenditure and shifting trends, cage came into the market. Cat cage helps in reducing free-roaming of cat preventing them from attack by wild animals. On the other hand, the lightweight of the basket makes it easy for the cat to come out of it any time. A similar condition can be seen with the bag, the cat tends to tear the bag out increasing the replacement cost.
Cat cage increases the control and provides a comfortable cat stay. Small and large cats are best suited to cat cage due to better discipline and are also easier for the owner to relocate them.
While cat cages have a wide range of applications, they provide both protection and comfort, which can drive cat cage demand during the forecast era.
Pandemic impact on the Cat Cage Market
Covid-19 has a wide impact on the world's leading economies, muting numerous sectors and business avenues. The pandemic has affected the production services causing a major drop in the supply and demand side. Notwithstanding the business effect, demand for cat cages is expected to increase as industrial operations expand.
Due to a high infection rate that could have negative health consequences, the world has been placed on lockdown. However with the recent spick in a number of cases has caused a halt in trading among the world leaders causing a straight decline in the cat cage demand.
With the imposition of travel ban and quarantine, the uncertainty in the sales can be observed. Owner spending more time with the pet causing the demand to go in a slump. Yet the market is expected to rise as the pandemic situations come under control.
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Global Outlook of Cat Cage Market
The study includes a detailed outlook of the prominent region which are North America, Latin America, Europe, East-Asia, South-Asia and Middle-East & Africa. Among them, North America accounts for the largest market share.
One of the key driving factors for the global cat cage market is the increasing demand for cat cages as a result of increased cat adoption in response to increased pet humanization.
East Asia is probably to be the witness outstanding growth and hold a major portion in the market following North America. China is the region's most powerful nation, and it is expected to dominate the East Asia cat cage market. It is one of the most pet-friendly countries having a cat adoption rate of 19.9%, which could increase demand for a cat cage.
Europe and South Asia appear to have marginally profitable on a global gauge resulting in a similar contribution in market turnover. Besides Latin America and MEA to hold back in both supply and demand of cat cage owing to less disposable income and adaptability towards new products.
U.S and China Cat house market position
The expenditure on animal care products and animal housing in the past few years is boosting the market demand. The United States and China are two of the most popular countries for keeping cats as pets. The United States has 76,430,000 cats as pets, while China has 53,100,000 cats. The United States is home to 45 per cent of all domestic cats.
The reason behind the increasing cat cage demand in this region is a large number of the working population making the pet owner take extra care of the pet while they are away.
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Who are the Key Manufacturers of Cat Cage?
Some of the prominent players in the market are
- Delton Pet Supplies
- Prevue Pet Products
- Bass Equipment
- Wisdom Global Limited
- MidWest Homes for Pets
- IRIS USA and Homey Pet Station LLC.
Since there are so many suppliers all over the world, the cat cage industry is fragmented. In order to build a long-term business infrastructure, market players also use both organic and inorganic growth strategies. The primary goals for extending the product line through product launch, acquisition and collaboration.
Cat Cage Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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By Material Type
By End Use Areas
- Pet Stores
By Sales Channel
- Specialized stores
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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