Market Size – The sustainable pet beds market size has grown strongly in recent years. It will grow from $2.18 billion in 2023 to $2.34 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to the rising availability of a huge variety of multifunctional and trendy pet beds, increasing environmental consciousness, rising pet ownership, growth in the spending on pet care, and demand for ecofriendly products.
The sustainable pet beds market size is expected to see strong growth in the next few years. It will grow to $3.15 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing adoption of pets as companions, increasing disposable income, growth in the global dog population, growing awareness of pet health & comfort, and evolving government regulations. Major trends in the forecast period include growing demand for pet beds free from harmful chemicals and toxins, the trend towards minimalist, aesthetically pleasing designs, increasing concern with the ethical aspects of production, emphasis on high-quality, durable materials, increasing use of organic, biodegradable, and recyclable materials.
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Scope Of Sustainable Pet Beds MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Sustainable Pet Beds Market Overview
Market Drivers –The increasing pet ownership is expected to foster the growth of the sustainable pet beds market in the coming years. Pet ownership represents the legal and ethical responsibility of caring for and managing a domesticated animal as a companion. Factors contributing to rising pet ownership include the desire for companionship and emotional support, improved living standards, urbanization, evolving family structures, and increased awareness of the health and well-being benefits of having pets. This growth in pet ownership directly translates to a larger market for pet products, including beds, and creates opportunities for companies specializing in sustainable pet beds made from recycled, organic, and biodegradable materials. For example, in October 2023, the American Pet Products Association, a US-based non-profit organization, noted that 86.9 million US households owned a pet, which accounts for 66% of households in 2022. Furthermore, in November 2022, Animal Medicines Australia, an association representing animal health in Australia, reported that 69% of households in Australia owned pets in 2022. Therefore, the increasing consumer demand for eco-friendly products is driving the growth of the sustainable pet bed market.
Market Trends – Major companies operating in the sustainable pet beds market are developing natural and breathable dog beds to enhance pet comfort while minimizing environmental impact and promoting healthier living conditions for pets and their owners. Natural and breathable dog beds are made from eco-friendly materials free of synthetic additives or chemicals. For instance, in December 2022, Bearaby, a US-based sustainable wellness brand, launched Pupper Pod. It is constructed from patented melofoam made from 100% natural organic rubber, which is both biodegradable and cruelty-free. The OEKO-TEX-certified outer cotton cover is free from harmful chemicals. This dog bed is designed to mold to a dog’s body, providing the benefits of deep touch pressure, which can help alleviate stress and anxiety in pets. It includes a carrying case, making it easy to transport for travel or outdoor adventures. It features a removable, machine-washable cover with waterproof inner foam for easy cleaning.
The sustainable pet beds market covered in this report is segmented –
1) By Type: Small, Medium, Large
2) By Product: Bolster, Cave, Mat, Other Product Types
3) By Pet Type: Dog, Cat, Other Pet Types
4) By Sales Channel: Hypermarket Or Supermarket, Specialty Stores, Online, Other Sales Channels
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Regional Insights – North America was the largest region in the sustainable pet beds market in 2023. The regions covered in the sustainable pet beds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies in the market are Petmate, Saatva Inc., Brentwood Home, The Labrador Company, Avocado Mattress LLC, K&H Pet Products, The Kind Pet, Soggy Doggy Productions, PetPals Group Inc., K9 Ballistics, Big Barker LLC, Sherpa Pet, Jax & Bones, Green Pet Shop, NaturoPet, Wanderruff, Rover Pet Products, Earthdog, Molly Mutt, West Paw
Table of Contents 1. Executive Summary2. Sustainable Pet Beds Market Report Structure3. Sustainable Pet Beds Market Trends And Strategies4. Sustainable Pet Beds Market – Macro Economic Scenario5. Sustainable Pet Beds Market Size And Growth…..27. Sustainable Pet Beds Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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