Dog Gates, Doors & Pens Market Analysis By Key Players, Share, Revenue, Trends, Size, Growth, Opportunities, and Regional Forecast To 2031
The global dog gates, doors, & pens market projects a staggering growth, topping a valuation of approximately US$ 8.9 Bn over the forecast period of 2021 and 2031.
Growing adoption of dogs across the globe and technological innovation in the products are the major factors propelling growth. Increasing pet humanization among millennials, especially across India, Brazil, and Australia, are increasing the consciousness regarding the pet welfare.
On the back of the aforementioned factor, demand for dog gates, doors, & pens will surge at over 6.6% CAGR during the forecast period. With increasing social media penetration, millennials are increasingly becoming aware regarding their responsibilities towards animals.
Increasing initiatives undertaken by animal rights activists and growing adoption of shelter animals have encouraged the millennials to adopt dogs as pets. Thereby, increasing the sales of dog doors and pens.
As per the FMI’s analysis, due to the onset of the novel COVID-19, the global dog gates, doors, & pens sales grew moderately as manufacturing activities were disrupted. However, adoption of pets surged, especially across India and Brazil, which boosted the demand for dog pens.
Hence, to cater the surging demand, key players relied on e-commerce giants such as Amazon and Walmart to sustain their position and generate lucrative revenues, benefiting the market.
Key Takeaways from FMI’s Dog Gates, Doors, & Pens Market Study
· In terms of sales channel, online retail stores are expected to dominate the segment over the forecast period
· Modern trade sales channel segment will hold the largest share in the market during the forecast period
· Based on type, demand for electronic dog gates, doors, and pens will surge at 9.6% CAGR through 2021 & beyond
· In terms of product, dog pens segment is expected to hold more than half of market share.
· India and Australia are expected to emerge as the most lucrative market across South Asia and Oceania
· Germany is anticipated to hold the largest market share across Europe, accounting for nearly one-fourth of sales.
Dog Gates, doors, & pens Market by Category
By Product:
· Gates
· Narrow
· Medium
· Wide
· Doors
· Pens
· Puppy Pens
· Heavy Duty Pens
· Convertible Pens
By Size:
· Small-Sized Dogs
· Medium Sized Dogs
· Large-Sized Dogs
By Type:
· Electronic
· Non-Electronic
For More Information: https://www.futuremarketinsights.com/reports/dog-gates-doors-and-pens-market
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Games
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Other
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness
- IT, Cloud, Software and Technology