Global Cat Litter Market - 2023-2030
Market Overview
The global cat litter market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 4.5% during the forecast period (2023-2030).
Globally rising cat ownership is expected to have a favorable effect on the market expansion. Due to several factors, including human animosity and unfavorable weather, most cat owners prefer not to let their cats outside of the house. Over the projection period, these variables are anticipated to fuel product demand. The market is driven by cat litter products since they are essential for sustaining the health of the household's cats and occupants.
Market Dynamics
Manufacturers will have a new opportunity to replace bentonite clay-based litter with environmentally friendly litter
The demand for innovative natural litter that is biodegradable, fragrance- and chemical-free is being driven by an increase in its production. For instance, Smart Cat All Natural Clumping Litter is 100 percent grass-based, free of chemicals and fragrances, and biodegradable. It is also dust and chemical-free. With the negative effects that clay and silica-based cat litter have on the environment and human health, cat owners are searching for more natural and environmentally responsible options that are good for their pets. Also, producers are developing original strategies to draw in customers. Domestic cats frequently spend time in garbage cans where they accidentally breathe in or eat the litter, thus customers are under more pressure to reduce the chemical content of garbage cans. As a result, as pet health awareness rises, the market for all-natural kitty litter products is picking up speed.
Inadequate clumping of cat litter in residences or companies restrains market growth
Natural pet cat clutter's lack of clumping residential or commercial structures is the restriction. Because cleaning garbage cans requires more time and effort, it has a substantial influence on customer convenience. For of this, producers of natural cat clutter for pets are likely to focus on clumping residential or commercial structures.
COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
Segment Analysis
The global cat litter market is segmented based on product type, raw material, distribution channel, and region.
The increasing usage of clay in the making of cat litter products
The majority of the basic materials used to make cat litter are the clay. This is due to clay's expanding use in cat litter production, as clay's high absorbency and solid-formation properties have been driving the segment's growth. Moreover, due to its capacity to absorb liquid, clay is utilized as cat litter. Conventional clay litter has some natural odor control and can hold its weight in cat urine because of how well it separates the urine. Moreover, clay-based products are more affordable than other materials, which makes them a common option for middle-class and multi-cat families. Also, the risk of respiratory issues is reduced by the fact that such goods are odorless and dust-free.
Geographical Analysis
Growing pet healthcare expansion in line with rising pet ownership in the Asia Pacific region
The cat litter industry is anticipated to develop at the fastest rate in Asia Pacific. An increase in nuclear households and an increase in discretionary income are mostly blamed for the expansion. Moreover, throughout the course of the forecast period, the market is anticipated to benefit from rising pet ownership in the area as well as rising healthcare, food, and litter product spending. China's pet cat population increased by a startling 10.2% last year to reach roughly 49 million, according to the 2020 Chinese Pet Industry White Paper. In the next year or two, cats will surpass dogs as the most popular pet in the nation if current trends continue. Throughout the anticipated period, these developments will fuel market growth for cat litter.
Competitive Landscape
The major global players in the market include Mars Incorporated, Yantai China Pet Foods Co., Ltd., PrettyLitter, Inc., Nestlé S.A, The Clorox Company., ZOLUX S.A.S., Pestell Pet Products., Cat Litter Company, Pettex Limited, and Healthy Pet.
Why Purchase the Report?
• To visualize the global cat litter market segmentation based on product type, raw material, distribution channel, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of cat litter market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global cat litter market report would provide approximately 61 tables, 58 figures, and 200 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
•Emerging Companies
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook