Friday, 31 May 2024

Cat Litter Products Market to Penetrate Untapped Regions During 2024 to 2030: Grand View Research Inc.

Cat Litter Products Market Growth & Trends

The global cat litter products market size is expected to reach USD 22.31 billion by 2030, registering a CAGR of 5.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. Pet ownership rates have been steadily increasing across the globe. Many people view pets as companions and part of the family, leading to higher adoption rates for dogs, cats, and other pets. This trend has fueled the demand for cat litter products and other pet care products and services.

According to the statistics published by the American Pet Products Association, Inc., in 2022, Generation Z accounted for 16% of pet ownership in the U.S., representing a noteworthy portion of the overall pet market. This indicates that Generation Z individuals have emerged as a significant consumer segment within the pet industry. The level of pet ownership among this demographic highlights their engagement and potential impact on the market.

The market is influenced by numerous technology trends that are revolutionizing cat care. Smart litter boxes with automated cleaning and health monitoring capabilities are gaining popularity, offering cat owners convenience and efficiency. Eco-friendly litter materials such as plant-based and biodegradable options are also being developed, addressing consumer demands for sustainability. Online platforms and mobile apps are enabling easy access and personalized shopping experiences. These advancements are enhancing functionality, eco-consciousness, and convenience in the market.

Manufacturers and key companies continuously innovate to meet the growing demand for natural options. For instance, in October 2020, MARS Petcare, the leading global pet food company, launched the CATSAN Hygiene Plus non-clumping litter brand in the Indian market. CATSAN, a trusted cat hygiene brand with over 30 years of experience, made its high-quality litter available to Indian pet parents through Amazon India's website. The non-clumping litter offers several key features, including triple odor protection with fine-pored hygiene granules that effectively soak up the liquid and keep the litter noticeably clean. It is made from select natural ingredients, free from bleach or scent, ensuring a 100% natural and safe product.

The emergence of direct selling marketing techniques is creating lucrative opportunities and widening the scope for market growth. Increasing focus on eliminating unnecessary middlemen has led to the development of initiatives such as the No Middleman Project. For instance, PrettyLitter caters directly to consumers, delivering value to cat parents in terms of time, cost, and effort. In addition, KitNipBox is a direct-to-consumer monthly cat subscription box with different subscription plans. Thus, a large number of companies in the market are adopting this channel to provide the ultimate level of convenience to cat parents. The rising penetration of the subscription-based business model also supports the market's growth.

Request a free sample copy or view report summary: Cat Litter Products Market Report

Cat Litter Products Market Report Highlights

  • Based on product type, the clumping segment is expected to witness substantial growth over the forecast period. The ability of clumping litter to form solid clumps when it comes in contact with any liquid makes it easier to scoop out the soiled litter, leaving behind clean and fresh litter
  • Based on raw material, the wood/bamboo/sawdust segment is expected to witness substantial growth over the forecast period from 2024 to 2030. This is due to their eco-friendly, biodegradable nature, which aligns with the increasing consumer demand for sustainable and natural pet care options
  • Based on distribution channel, the supermarkets and hypermarkets segment held the majority share in the overall sales channel in 2023 because of their wide reach, convenience, and ability to offer a diverse range of brands and options, making it easier for consumers to find and purchase cat litter products
  • The Asia Pacific region is anticipated to grow with the highest CAGR over the forecast period. The rise in disposable income allows pet owners to invest in premium and higher-priced cat litter products that offer better quality, performance, and convenience

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cat-litter-products-market

Cat Litter Products Market Segmentation

Grand View Research has segmented the global cat litter products market on the basis of product type, raw materials, distribution channel and region

Cat Litter Products Product Type Outlook (USD Million; 2018 - 2030)

  • Clumping
  • Conventional

Cat Litter Products Raw Material Outlook (USD Million; 2018 - 2030)

  • Clay
  • Silica
  • Wood/Bamboo/Sawdust
  • Paper
  • Soy
  • Corn/Grain
  • Others

Cat Litter Products Distribution Channel Outlook (USD Million; 2018 - 2030)

  • Supermarkets and Hypermarkets
  • Specialty Retail Stores
  • Convenience Stores
  • Online/E-commerce

Cat Litter Products Regional Outlook (Revenue, USD Million; 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • South Korea
    • Japan
    • Taiwan
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • UAE

List of Key Players in the Cat Litter Products Market

  • Nestlé S.A.
  • The Clorox Company
  • Mars, Incorporated
  • Oil-Dri Corporation of America
  • Church & Dwight Co., Inc.
  • Kent Corporation
  • Intersand
  • Elsey's
  • Weihai Pearl Silica Gel Co., Ltd.
  • Pettex Limited

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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