The global Cat Litter Products Market size is expected to reach USD 16.6 billion by 2030, expanding at a CAGR of 4.8% during the forecast period, according to a new report by Grand View Research, Inc. The growing number of cat owners around the globe is likely to boost the market growth. Most cat owners prefer not to let their cats outside of the house owing to human hostility and adverse weather conditions. These factors are expected to drive the product demand over the forecast period.
Consumer
preference for a one-stop shopping experience is driving greater product sales
in the retail and supermarket channels. However, due to the increasing use
of smartphones across the country, the online platform category is expected to
grow at the fastest rate from 2022 to 2030. In 2021, the retail and
supermarkets segment held a market share of 76.3%. During the projection
period, this segment is expected to develop at a steady CAGR. According to the
Packaged Facts poll, supermarkets like Walmart are the most popular places for
cat owners to buy cat litter products.
Consumers
are more likely to opt for lower-priced non-discretionary pet products, such as
pet food and cat litter products. Companies are facing adverse effects; for
instance, several companies are meeting the increasing consumer demand but are
facing distribution and inventory issues down the supply chain. The demand for
traditional litter products is driven by a high preference for complete odor
removal that is associated with cat urine and feces.
According
to Boxscoop Designs Inc., the yearly expenditure for cat litter, such as corn,
grass, and walnut, for one large cat is USD 90, USD 87, and USD 75 respectively
for Boxscoop cat litter, and is USD 147 for clay litter. This is estimated to
drive the growth of the conventional segment over the forecast period. Clumping
cat litter product is primarily made of sodium bentonite. Multiple product
varieties including biodegradable-based premium ultra-clumping, clay-based
premium ultra-clumping, and clay-based standard clumping are available in the
market.
Silica
cat litter is made of silica gel crystals and is commonly used as a
preservative for over-moisture and vulnerable products such as packaged foods
and pharmaceuticals. Silica raw materials usually generate less waste than
other raw materials. Companies are focused on expanding and establishing new
manufacturing units to compete with their rivals. For instance, in February
2019, Nestlé Purina announced the expansion of its Bloomfield factory in
Southeast Missouri, where Tidy Cats brand cat litter is made. Companies are
also investing in mergers and acquisitions to strengthen their market position.
Related Press
Release@ Cat Litter Products Market Report
Cat Litter Products Market Report Highlights
- Clumping
product type was valued at USD 8.23 billion in 2021 and is expected to
reach USD 12.85 billion by 2030. Clumping cat litter products has been
gaining consumer attention as cat urine and feces can be removed easily
without having to empty the box
- Conventional
product type is anticipated to register a CAGR of 4.0% during the forecast
period. The rising customer preference for completely eradicating the odor
associated with cat urine and feces is driving the demand for
traditional litter products
- The Asia
Pacific region is expected to witness substantial growth over the forecast
period with a revenue-based CAGR of 6.7% from 2022 to 2030. Increasing pet
ownership in the region, coupled with growing spending on their
healthcare, food, and litter products, is expected to have a positive
impact on the market over the forecast period
About Us:
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, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
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