Los Angeles, November 13, 2019 –QY Research has announced the release of a new report bearing the title “Global Cat Litter Market Insights, Forecast to 2026.” According to the report, the global cat litter market is expected to achieve value of more than US$6.0 Bn by the end of 2026. In 2018, the global market value reached over US$4.0 Bn. During the forecast period 2019-2026, the global cat litter market is projected to grow at CAGR of 3.58%.
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Need to Maintain Pet and Home Hygiene Anticipated to Create Sales Opportunities
Global demand for cat litter products is predicted to rise in future with increase in worldwide pet ownership. Busy lifestyle of pet owners and need to maintain the hygiene of pets and homes they live in are expected to strengthen the demand for cat litter solutions. Cat litter products help with easy and quick collection and disposal of cat waste compared to traditional solutions or techniques. High competition in the global cat litter market and increasing research and development and innovation activities could encourage the development of new and improved products. This is anticipated to help keep customers interested and positively impact sales growth in future.
Ability to Quickly Form Hard Clumps Likely to Improve Preference for Clay Cat Litter
The report provides exhaustive analysis of key product type segments of the global cat litter market such as biodegradable, silica, and clay. Silica cat litter products are consumer-friendly and have impressive odor control, dust-free, and other favorable properties. Clay cat litter solutions have quick clumping and hardening properties, which allow easy disposal of cat waste. Clumping cat litter does not need to be replaced with fresh litter as often as non-clumping litter. The report also throws light on important sales channel segments of the global cat litter market, including offline sales and online sales.
High Spending on Pet Care Products Expected to Increase Demand in North America
Demand for cat litter solutions is expected to significantly increase in North America, especially in the US and Canada. American and Canadian cat owners are observed to show decent preference for cat litter over other types of cat waste cleaning and disposal solutions. High spending on pet care solutions is anticipated to improve the sales of cat litter products in North America. Asia Pacific could be another high-growth cat litter market, considering the increase in pet adoption.
Players Anticipated to Introduce Innovative Products to Gain Market Growth
Key players competing in the global cat litter market are Nestlé, Weihai Pearl Silica Gel, Clorox, SINCHEM, Church & Dwight, Oil-Dri, Ruijia Cat Litter, Mars, PMC, Dr. Elsey’s, Pettex, and Blue. Manufacturers are expected to expand their product portfolio, increase their production capacity, and launch new products to improve their business growth in the global cat litter market. They could also analyze current and future demand patterns to introduce suitable cat litter products in the coming years.
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