The pet water dispenser market is predicted to be valued at US$ 153 million in 2023 and US$ 260 million by 2033. Over the projection period, sales in the pet water dispenser market are expected to increase at a CAGR of 5.4%.
The growing number of people who keep pets worldwide is one of the opportunities for the pet water dispenser market. However, with the animal presence that is rising concomitantly as more and more people adopt them needs have to be met in away vailable means at all times because water provision for animals cannot stop since they are new members of our households.
Pet owners are becoming aware of the fact that their pets’ heath should also be taken care off and hydration is very much required. This trend gives pet water dispenser market a chance to provide features such as the filtration systems,monitoring of clean level and flow of freshwater adjusts per person. Technological integration in pet water dispensers is a new opportunity. Pet owners can be relieved of the task and stresses that accompany filling, turning on and off where water is dispensed from supplying refilling themselves with smart oil feeders equipped such as automatic start mode, apps connectivity to Wi-Fi connection enhance hectic schedule conflicting but insightful at peace minds in daily life.
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Pet owners are increasingly concerned about sustainability, leading to a trend of eco-friendly designs in pet water dispensers. Manufacturers are using recyclable materials and incorporating energy-efficient mechanisms to reduce environmental impact. With the trend of urbanization and limited living spaces, there is a growing demand for compact and space-saving pet water dispensers. Innovative designs that fit seamlessly into smaller living areas or can be attached to existing structures are gaining popularity.
Key Takeaways from the Pet Water Dispenser Market:
- As per FMI, the United States is spearheading the growth across North America, surging at a CAGR of 5.9% during the projected period.
- Sales of pet water dispensers are expected to surge at 5.5% CAGR across India over the assessment period.
- Germany is expected to account for 5% of the total market share in Europe.
- As per Future Market Insights, online and E-commerce stores are expected to dominate the market with a CAGR of 5.3% during the forecast period.
- As per FMI, the dogs segment is poised to expand at over 5.7% CAGR in 2022 during the forecast period.
- “The pet water dispenser market is experiencing notable expansion attributed to the growing number of pet owners and their heightened emphasis on pet well-being and convenience. This upward trajectory is anticipated to persist in the foreseeable future as the market continues to grow.” remarks an analyst at FMI.
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How Key Players are Revolutionizing the Manufacturing of Pet Water Dispensers?
Key players in the pet water dispenser market are revolutionizing the manufacturing process to meet the evolving needs of pet owners. Advanced technologies and innovative designs are being incorporated to enhance the functionality and convenience of pet water dispensers. These key players are focusing on developing automatic and gravity-fed dispensers with features like filtration systems, adjustable water flow, and smart connectivity.
Materials such as BPA-free plastic and stainless steel are being used to ensure safety and durability. There is a growing emphasis on eco-friendly designs and sustainable manufacturing practices, aligning with the increasing demand for environmentally conscious pet products. These advancements by key players are transforming the pet water dispenser market, providing pet owners with reliable and efficient solutions for their pets’ hydration needs.
Key Players in the Market:
- Petmate
- Radio Systems Corporation
- Rolf C. Hagen Inc.
- Doggy Man
- Coastal Pet
- Critter Concepts
- Gex Corporation
- Torus Pet
- Van Ness
- K and H Pet Products
- CatH2O
- MOOREdoll
- Pioneer Pet
- Petkit
Product Portfolio:
- Petmate offers a diverse product portfolio for pets, including pet beds, carriers, crates, toys, feeding accessories, and grooming tools. They also provide innovative solutions like automatic feeders, pet waterers, and waste management products. With a focus on quality, comfort, and functionality, Petmate aims to enhance the lives of pets and their owners.
- Radio Systems Corporation provides a comprehensive range of pet products and solutions. Their product portfolio includes wireless containment systems, training collars, pet doors, bark control devices, and pet tracking systems. With a commitment to safety, convenience, and effective pet training, Radio Systems Corporation strives to strengthen the bond between pets and their owners.
Market Segmentation
By Pet Type:
- Dogs
- Cats
- Others
By Lodging Period:
- Overnight Stay
- Extended Stay
By Price Range:
- Mass
- Premium
By Booking Type:
- Physical
- Online
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia & Pacific
- East Asia
- Middle East and Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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