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Europe Pet Furniture Market Is Driven by Rising Pet Adoption and Humanization
The Europe pet furniture market has witnessed significant growth over the past few years on account of growing demand for adaptable and multipurpose pet products that offer comfort as well as style. Pet furniture like cat condos, dog beds, pet carriers and others are sophisticated functional furniture for pets that are designed specifically to attract small pets and domestic animals. Some key advantages of pet furniture include stress-free living for pets, hygienic comfort, easy maintenance, and accommodation of different sizes of pets. With rising pet ownership, demand for high-quality, functional and aesthetically pleasing pet furniture in Europe continues to surge.
Europe Pet Furniture Market is estimated to be valued at US$ 2.68 Bn in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Europe pet furniture are Georgian products, Kokaa Pet Furniture, RHR Pets Europe, Danish Design Co, Pet Empire, The Pet Carpenter, Home Pine Furniture Centre, Maker&Son, The Tweed Hound, Milo & Pi Luxury Dog Beds, The Painted Furniture Co., Inter IKEA Systems B.V., and MiaCara GmbH & Co. KG.The rising pet humanization trend across Europe has fueled the demand for customized and designer pet furniture in the region. Consumers are willing to spend more on products that provide comfort and style for their pets. Manufacturers are thus innovating pet furniture styles and designs to meet the rising demand.Growing pet adoption across Europe along with increasing pet owner expenditure on high-quality pet products has boosted the market for pet furniture in the region. Major countries like the UK, Germany, France, Italy and Spain have emerged as lucrative markets for pet furniture manufacturers.
Market Drivers
One of the major market drivers for the Europe Pet Furniture Market Size is the rising pet adoption rate across Europe. According to the National Pet Owners Survey 2021, around 62.6 million households or 69% of households in the UK owned a pet. Moreover, a surge in humanization of pets and growing fondness for them as companions has led to rising expenditure on innovative, multi-purpose and aesthetically appealing pet furniture. Pet owners prefer buying comfortable, durable and easy to clean pet furniture for their companion animals.
Further, changing attitudes towards pets considering them as family members rather than animals has propelled demand for functional yet designer pet furniture as a style statement for humanized pet care in Europe.
The current geopolitical situation in Europe is impacting the growth of the pet furniture market. The ongoing war between Russia and Ukraine has disrupted supply chains and trade within Europe. Many manufacturers are facing difficulties in procuring raw materials from countries involved in the conflict. Additionally, sanctions against Russia have reduced cross-border trade and economic activities across Eastern Europe. This has hampered easy access to certain pet furniture import items for several European countries.
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