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Pet Furniture Market Size, Share & COVID-19 Impact Analysis, By Type (Pet Sofas & Beds, Pet Houses, Pet Trees, and Others), By Pet Type (Dogs, Cats, Aquatic Pets, Birds, and Others), By Distribution Channel (Offline Retail and Online Retail/E-commerce), and Regional Forecast, 2022-2029

Region : Global | Format: PDF | Report ID: FBI106261

 

KEY MARKET INSIGHTS

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The global pet furniture market size was valued at USD 3.61 billion in 2021. The market is projected to grow from USD 3.81 billion in 2022 to USD 5.70 billion by 2029, exhibiting a CAGR of 5.9% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with pet furniture experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a growth of 17.80% in 2020 as compared to 2019.


The increasing disposable income and consumer spending on pets drive market growth. Additionally, pets being treated as family members is increasing expenditure on pet care. In confluence with the rising availability of pet insurance, this boosts the pet furniture market growth.


Pet bed and furniture is designed to provide shelter and a place to rest for cats, dogs, and rabbits at home, which is also known as animal-friendly furniture. Typical products include dog houses, hammocks, pet beds, cat trees, parrot tents, and others. Manufacturers are coming up with new product innovations such as orthopedic and temperature control electrical heating beds for pets’ better health, thereby increasing the demand.


COVID-19 IMPACT


Significant Rise in Pet Population During COVID-19 Pandemic


The COVID-19 pandemic has impacted the revenues of many industries around the world. The pandemic led to a global lockdown in 2020, causing loneliness and stress among large segments of the world's population. Pets are great partners for pet owners, with a large portion of the people adopting pets, creating enormous opportunities for the pet industry in 2020. However, the pet furniture industry is developing in many markets, and low awareness may have led to lower sales in 2020.


Pet ownership has increased, leading to companionship during the lockdown. This pet population surge has also created retail opportunities for the pet industry during the pandemic. According to the American Pet Products Association (APPA), pet ownership has increased by more than 3%, from 60% to 70% in the U.S. households in 2020. With brick-and-mortar pet supply stores closing in 2020, sales from online platforms are picking up. During lockdowns, pet owners are spending more time, resulting in stronger relationships with their pets, pet welfare awareness becoming a priority among owners, and increasing demand for pet products in regions such as North America and Europe.


LATEST TRENDS


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High Demand for Eco-friendly and Multifunctional Pet Furniture to Support Market Growth


There are numerous growth opportunities for key players operating in the global pet beds & furniture products market owing to the emergence of the ‘pet parent’ culture—increasing demand for premium quality and eco-friendly products among millennials due to growing awareness of sustainability. For instance, in April 2022, SØDE Design, a Dutch startup, launched a new collection of multifunctional cat furniture for Scandinavian homes. The collection includes Origameow, Flawer Pawer, and Pawty Rope made of sustainably sourced wood, premium recycled cardboard, and Oeko-Tex-certified fabrics.


DRIVING FACTORS


Availability of Various Multifunctional and Customized Pet Furniture Products to Favor Market Expansion


The introduction of high-quality multifunctional and customized pet beds & furniture that fits all sizes of pets is surging the demand for pet furniture. Providing dog and cat furniture products customized according to consumer preferences, such as various colors, designs, and measures that ensure pet comfort, is a crucial factor boosting the sales of furniture products for pets in the market. Manufacturers focus on innovative multifunctional furniture products that pet owners and pets can utilize. For instance, in 2020, Catrub, a Germany-based startup, launched Catrub ONE, its first flagship product with the first modular multifunctional cat furniture.


Increasing Number of Pet Owners across the Globe is Surging the Demand for Pet Furniture


Increasing pet expenditure worldwide owing to humanization of pets, which refers to treating pets as part of a family, has increased opportunities for manufacturers to improve their profitability for pet products. According to the American Pet Products Association, the U.S. pet expenditure grew 19% from USD 103.6 billion in 2020 to USD 123.6 billion in 2021. An increasing number of pet owners owing to the rising adoption of pets is also driving the market's growth. According to the American Pet Products Association, in 2021, 154.3 million pets were in U.S. households.


RESTRAINING FACTORS


High Cost of Pet Furniture May Hamper the Market Growth


Various kinds of pet furniture products are available in the market such as kennels, sofas, and beds made from faux fur, polyester, suede, and different microfibers that keep the pets cozy and comfortable. Chew-proof and waterproof materials make pet beds & furniture expensive, especially cats and dogs. Using sustainable and high-quality materials in pet beds & furniture make them expensive, limiting the market growth worldwide. In regions, such as Europe and North America, pet beds & furniture products cost high, owing to high labor costs and high raw material prices.


SEGMENTATION


By Type Analysis


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Rising Demand for Pet Sofas & Beds is Propelling Market Growth


Based on type, the market is segmented into pet sofas & beds, pet houses, pet trees, and others. Pet furniture has a strong preference for being multifunctional, which means that along with pet comfort, it is also viewed as a home accessory in many regions, and thus has an aesthetic feature. Pet sofas & beds segment accounted for the highest pet furniture market share in 2021 due to the growing popularity of different furniture shapes for dogs and cats.


The rising demand for pet sofas & beds saves home furniture from getting damaged. Pets tend to shed fur and scratch furniture, which can be avoided by getting furniture for pets to scratch and chew, thus protecting home furniture. Companies are designing dog beds to cater to various pet sizes, sleeping habits, or health issues by providing high-quality beds and sofas.


By Pet Type Analysis


Growth in Global Dog Population to Accelerate Product Sales


Based on pet type, the market is classified into dogs, cats, aquatic pets, birds, and others. The dog segment dominates furniture sales worldwide. An increase in the pet population, especially dogs, will accelerate pet beds & furniture sales in the global market during the lockdown. Many people in the U.S. got a dog during the pandemic. Changing demographics and the growing disposable income of the population increased pet ownership in 2020. According to the American Pet Product Association, in 2021, 69 million U.S. households owned a dog as a pet. The growth of product innovation for pet sofas, beds, and other products to cater to the growing customer requirements is driving market growth.


Cats are also popular pets in regions, such as Europe and North America, and the adoption of cats as pets increased during the lockdown and is surging the product demand. According to the FEDIAF European Pet Food, in 2022, Europe had 110 million pet cats. Cats tend to scratch and climb, keeping their paws healthy and fulfilling their natural needs to explore and mark territory. Hence, pet furniture, such as scratching posts or cat trees, has high demand among cat owners. Manufacturers are launching new products owing to increasing demand for cat furniture. For instance, in April 2021, Cat Matter, a cat furniture maker, launched new cat furniture introducing a newly redesigned Cat Case Combination Cat Bookcase and Tower.


By Distribution Channel Analysis


Rising Number of Offline Retail Shops Worldwide to Trigger Product Sales


Based on distribution channel, the market is classified into offline retail and online retail/e-commerce. Offline retail sales channels will dominate the market in the coming years. An increase in pet owners during lockdowns in countries such as the U.S., Germany, India, and China has led to the development of the pet industry in 2020.


Online platforms, including various e-commerce platforms and websites, are growth opportunities for retailers and product manufacturers. The rise of digitization has enabled consumers to search multiple options for affordable furniture products of pets worldwide and is a critical factor in increasing sales of pet products online. Players are increasing their online presence, owing to a growing preference for online shopping and increasing internet penetration among consumers worldwide. For instance, in July 2022, Pet Point, India-based pet care store, launched one of the biggest online pet stores to provide pet foods, furniture, and other products.


REGIONAL INSIGHTS


North America Pet Furniture Market Size, 2021 (USD Billion)

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Geographically, the market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.


The North American market is expected to witness significant growth throughout the forecast period. Growth in the pet population in the U.S. during the lockdown is a crucial factor accelerating the demand for pet beds & furniture in the market. According to the American Pet Products Association, in 2021, Wyoming with 72%, West Virginia with 71%, Idaho, Vermont, and Nebraska with 70% are the highest pet-owning household states.


Europe is expected to grow at a significant rate throughout the forecast period. The rising pet population is fueling the market growth with increasing demand for pet beds & furniture in European countries such as Germany, the U.K., and France. According to the European Pet Food Federation (FEDIAF), Europe had a cat population of over 110 million in 2021. This has fueled the demand for pet beds and furniture, especially for cats in the region.


Asia Pacific is one of the emerging pet furniture markets. The growing number of pet owners in the region and the rising disposable income of the population are surging the demand for pet beds and furniture in countries such as India, China, and Japan. The availability of functional and durable furniture products and the growth of online sales of furniture products for pets in the Chinese and Indian economies are market growth opportunities.


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Due to the steady increase in the pet population, pet beds & furniture sales in South America and the Middle East & Africa markets are expected to show steady growth in the coming years. Pet furniture such as beds and sofas are becoming more popular as they are durable, scratch and puncture resistant, and come in more colors, sizes, and design options.


KEY INDUSTRY PLAYERS


New Product Launches and Geographic Expansion to Augment Product Visibility & Sales


Key industry players have adopted various competitive strategies to maintain their market share and are focusing on designing and creating new multifunctional pet products. The major players operate in a fragmented market, increasing the intensity of competition in the global market. Growth in the product portfolio and geographic expansion are a few strategies that major players adopt. Manufacturers are also increasing their offline and online presence to boost product sales. For instance, in September 2021, Bark’ode launched its first and one of the largest comprehensive stores in Thiruvanthapuram, South India.


LIST OF KEY COMPANIES PROFILED:



  • Go Pet Club (U.S.)

  • Ware Pet Products (U.S.)

  • Inter IKEA Systems B.V. (Netherlands)

  • PetPals Group (U.S.)

  • MidWest Homes for Pets (U.S.)

  • North American Pet Products (U.S.)

  • Aosom LLC (U.S.)

  • MiaCara GmbH & Co.KG (Germany)

  • Fable Pets Inc. (U.S.)

  • Critter Couch Company (U.S.)

  • Furhaven Pet Products (U.S.)


KEY INDUSTRY DEVELOPMENTS:



  • September 2022: In partnership with interior designers Jeremiah Brent and Nate Berkus, PetSmart launched an exclusive collection for pets and pet owners. The new line includes furniture, accessories, and décor for small pets, reptiles, and fish.

  • September 2022: Portland-based designer launched Bink Rabbit Goods, a rabbit house lifestyle brand, with the launch of two products, the Credenza and the Bench, with litter box options for free-roam house rabbits.

  • July 2022: Aldi, a Germany-based brand, launched a new collection of mini rattan loungers for dogs, including a stylish rattan frame, removable water bowl, and a canopy to provide shade during the day.

  • March 2022: B&M launched a new range of pet furniture, including a tiny egg chair, black side table, and gray pet house-like bedside table for cats.

  • August 2021: Aldi, a Germany-based brand, launched a new pet house with a balcony and adjustable steps to easily climb on the patio.


REPORT COVERAGE


An Infographic Representation of Pet Furniture Market

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The research report analyzes the market in-depth and highlights crucial aspects such as prominent companies, product types, pet types, and distribution channels. Besides this, the report provides insights into the market trends and highlights significant industry developments. In addition to the aspects mentioned earlier, the report encompasses several factors contributing to the market's growth in recent years.


Report Scope & Segmentation


















































  ATTRIBUTE



  DETAILS



Study Period



2018-2029



Base Year



2021



Estimated Year



2022



Forecast Period



2022-2029



Historical Period



2018-2020



Unit



Value (USD Billion)



By Type




  • Pet Sofas & Beds

  • Pet Houses

  • Pet Trees

  • Others



By Pet Type




  • Dogs

  • Cats

  • Aquatic Pets

  • Birds

  • Others



By Distribution Channel




  • Offline Retail

  • Online Retail/E-commerce



By Region



North America (By Type, By Pet Type, By Distribution Channel, and by Country)



  • U.S. (By Type)

  • Canada (By Type)

  • Mexico (By Type)


Europe (By Type, By Pet Type, By Distribution Channel, and by Country)



  • Germany (By Type)

  • U.K. (By Type)

  • France (By Type)

  • Italy (By Type)

  • Spain (By Type)

  • Rest of Europe (By Type)


Asia Pacific (By Type, By Pet Type, By Distribution Channel, and by Country)



  • China (By Type)

  • Japan (By Type)

  • India (By Type)

  • Australia (By Type)

  • Rest of Asia Pacific (By Type)


South America (By Type, By Pet Type, By Distribution Channel, and by Country)



  • Brazil (By Type)

  • Argentina (By Type)

  • Rest of South America (By Type)


Middle East and Africa (By Type, By Pet Type, By Distribution Channel, and by Country)



  • South Africa (By Type)

  • UAE (By Type)

  • Rest of Middle East & Africa (By Type)



Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 3.61 billion in 2021 and is anticipated to reach USD 5.70 billion by 2029.

In 2021, the global market value stood at USD 3.61 billion.

Ascending at a CAGR of 5.9%, the global market will exhibit steady growth over the forecast period (2022-2029).

By type, the pet sofas & beds segment is expected to dominate the market throughout the forecast period (2022-2029).

The growth in pet population during the lockdown boosted the global market.

Go Pet Club, Ware Pet Products, Inter IKEA Systems, PetPals Group, Midwest Homes for Pets, and American Pet Products are the leading companies.

North America dominated the global market in 2021.

The availability of multifunctional and customized furniture for different pets favors market expansion.

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