The modern cat furniture market size is projected to expand to a valuation of US$ 3.7 billion in 2023 and is projected to exhibit a CAGR of 5.9% from 2023 to 2033 and reach US$ 6.69 billion in 2033.
The segment of the cat furniture market is very contemporary, which takes the second position in size after dogs. The growth in the market has been witnessed worldwide due to the increased millennials’ adoption of cats as a domestic pet.
The study provides a comprehensive picture of the Modern Cat Furniture Market by offering in-depth insights into the market dynamics such as growth drivers, trends, challenges and revenue prospects based on the base year’s historical data.
Get your Sample Report to Boost Your Industry Knowledge for Valuable Insights!
https://www.futuremarketinsights.com/reports/sample/rep-gb-12033
Drivers and Trends in the Modern Cat Furniture Market
The increasing domestic cat population coupled with the growing trend of viewing a pet as a family member is the largest driver of the modern cat furniture market. The young working population has been leading this trend and the market draws traction from their disposable incomes.
Furthermore, modern cat furniture is a utilitarian and affordable way to improve the aesthetics of a home. The growing trend of environment-friendly pet furniture is in consonance with the trend of environment-friendly homes, especially in Western Europe and North America.
Meanwhile, a rise in the number of pet-friendly workplaces and businesses, such as cafes and restaurants, has provided a large new market for modern cat furniture. This has also encouraged more single persons to adopt pets.
Modern Cat Furniture Market: Government Regulations Influencing Market Dynamics
Governmental legislation on pet welfare and hygiene, especially in developed countries, is also a driver of the modern cat furniture market, while growing awareness about allergies caused due to cats and cat fur is leading to a rise in customised cat furniture.
Request the Full Report Methodology Now!
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-12033
Modern Cat Furniture Market: Segmentation
Valuable information covered in FMI’s Modern Cat Furniture Market report has been segregated into key segments and sub-segments.
By Type
- Cat Tree/ Towers
- Scratching post
- Litter Box
- Cat perch
- Steps
- House
- Bed
By Material
- Wood
- Plastic
- Others
By Levels
- Single storey
- Multi storey
By Cat Size
- Small
- Medium
- Large
By Sales Channel
- Pet Specialty Store
- Company websites
- Online Retail
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
