According to a new report from Allied Market Research titled “Cat Litter Market by Product, Commodity and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031”. The cat litter market was valued at US$7,212.80 million in 2020 and is estimated to reach US$11,293.30 million by 2030, growing at a CAGR of 4.7% in 2021-2030.
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The growing number of cat owners around the world is likely to fuel the growth of the cat litter market. Most cat owners prefer to keep their cats indoors for a variety of reasons, including human animosity and inclement weather. These variables are expected to drive product demand during the forecast period. Product sales will be fueled by the growing trend toward humanization of pets, as well as the increase in the pet population in the United States. Consequently, rising pet spending will drive the market growth.
The global cat litter market is segmented into product type, raw material, distribution channel, and region. By product type, the cat litter industry is classified into clumping and non-clumping. Based on the raw material, it is fragmented into clay, silica and others. Depending on the sales channel, it is divided into hypermarkets/supermarkets, pet shops and online channels. In terms of regions, the market is divided into North America (United States, Canada, and Mexico), Europe (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, etc.) examines the rest of Asia-Pacific) and LAMEA (Brazil, Argentina, South Africa and the rest of LAMEA).
Based on product type, the clumping segment had the highest share in 2020. This is attributed to clumping litter being a popular and convenient choice among pet owners. Many people say it makes clean up a lot easier. In addition, clumping litter is available in different scents,…
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