Published by mark itwired
Posted on October 6, 2021
Driven by increasing adoption of pets across the globe, demand for Cat Litter Market is expected to rise at over 5.3% CAGR between 2021 and 2031. Increasing expenditure by cat owners on the care products will result in growing demand for cat litter.
Some of the leading companies operating in the cat litter market are extensively relying on e-commerce platforms to establish their global presence. On the back of this, market players are investing heavily in promotional activities and new product launches to woo cat owners.
Demand for natural cat litter is surging exponentially. This can be attributed to the rising number of cat owners who are increasing the adoption of natural cat litter such as plant fiber litters. Increasing awareness regarding environment also has bolstered the adoption of recyclable and eco-friendly cat litter.
Hence, the demand for pine, walnut, and corn cat litters is increasing. Steered by this, some of the leading market players are investing in research initiatives to offer eco-friendly cat litter, which also is available at an affordable price. For instance, Yesterday’s News, a brand of Nestle Purina, manufactures unscented cat litter from post-consumer waste derived from newspapers. These developments are expected to help in growth of the market in the coming years.
Request a report sample with 300 pages to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-13747
As per FMI, clumping litter will emerged as a highly sought-after product category. The report has projected clumping litter to account for over 79.3% of overall sales registered in the market through 2031.
The private label brands are likely to get increasingly popular in the market. FMI has projected the demand in the private label segment to increase at 6.3% CAGR over the course of the report’s assessment period.
“Rapid digitalization and expansion of e-commerce platforms are compelling key manufacturers to focus on product innovation and new marketing strategies such as Instagram and Facebook marketing to expand their customer base,” says the Future Market Insights analyst.
Key Takeaways from Cat Litter Market Survey
Key Drivers
Key Restraints
Discover more about the Cat Litter Market with figures and data tables, along with the table of contents. Request Methodology@ https://www.futuremarketinsights.com/ask-question/rep-gb-13747
Competitive Landscape
As per Future Market Insights, Nestle Purina, The Clorox Company, Dr. Elsey’s, Kent Pet Group, and Tolsa Company are the top 5 players. New product offerings and promotional campaigns are some of the key expansion strategies adopted by aforementioned industry players.
Prominent players operating in cat litter market profiled by Future Market Insights include:
More Valuable Insights on Market
In its latest report, Future Market Insights offers comprehensive insights on the global cat litter market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study offers incisive coverage on the global cat litter market with an unbiased analysis, segmented on the basis of:
By Product Type:
By Material Type:
By Life Stage:
By Nature:
By Type:
By Form Type:
By Price Range:
By Sales Channel:
By Region:
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-13747
The post Global Cat Litter Market expected to reach US$ 4.3 Bn & 5.3% CAGR through 2021-2031 appeared first on Industry News Analsis.
Driven by increasing adoption of pets across the globe, demand for Cat Litter Market is expected to rise at over 5.3% CAGR between 2021 and 2031. Increasing expenditure by cat owners on the care products will result in growing demand for cat litter.
Some of the leading companies operating in the cat litter market are extensively relying on e-commerce platforms to establish their global presence. On the back of this, market players are investing heavily in promotional activities and new product launches to woo cat owners.
Demand for natural cat litter is surging exponentially. This can be attributed to the rising number of cat owners who are increasing the adoption of natural cat litter such as plant fiber litters. Increasing awareness regarding environment also has bolstered the adoption of recyclable and eco-friendly cat litter.
Hence, the demand for pine, walnut, and corn cat litters is increasing. Steered by this, some of the leading market players are investing in research initiatives to offer eco-friendly cat litter, which also is available at an affordable price. For instance, Yesterday’s News, a brand of Nestle Purina, manufactures unscented cat litter from post-consumer waste derived from newspapers. These developments are expected to help in growth of the market in the coming years.
Request a report sample with 300 pages to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-13747
As per FMI, clumping litter will emerged as a highly sought-after product category. The report has projected clumping litter to account for over 79.3% of overall sales registered in the market through 2031.
The private label brands are likely to get increasingly popular in the market. FMI has projected the demand in the private label segment to increase at 6.3% CAGR over the course of the report’s assessment period.
“Rapid digitalization and expansion of e-commerce platforms are compelling key manufacturers to focus on product innovation and new marketing strategies such as Instagram and Facebook marketing to expand their customer base,” says the Future Market Insights analyst.
Key Takeaways from Cat Litter Market Survey
Key Drivers
Key Restraints
Discover more about the Cat Litter Market with figures and data tables, along with the table of contents. Request Methodology@ https://www.futuremarketinsights.com/ask-question/rep-gb-13747
Competitive Landscape
As per Future Market Insights, Nestle Purina, The Clorox Company, Dr. Elsey’s, Kent Pet Group, and Tolsa Company are the top 5 players. New product offerings and promotional campaigns are some of the key expansion strategies adopted by aforementioned industry players.
Prominent players operating in cat litter market profiled by Future Market Insights include:
More Valuable Insights on Market
In its latest report, Future Market Insights offers comprehensive insights on the global cat litter market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study offers incisive coverage on the global cat litter market with an unbiased analysis, segmented on the basis of:
By Product Type:
By Material Type:
By Life Stage:
By Nature:
By Type:
By Form Type:
By Price Range:
By Sales Channel:
By Region:
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-13747
The post Global Cat Litter Market expected to reach US$ 4.3 Bn & 5.3% CAGR through 2021-2031 appeared first on Industry News Analsis.
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