PUBLISHER: The Business Research Company | PRODUCT CODE: 1588767
PUBLISHER: The Business Research Company | PRODUCT CODE: 1588767
Sustainable pet beds are bedding products designed and manufactured using environmentally friendly materials and practices to minimize their ecological impact. These beds offer pets a comfortable and safe sleeping environment while promoting eco-friendly habits and reducing the overall environmental footprint of pet care.
The main types of sustainable pet beds are small, medium, and large. Small sustainable pet beds are suitable for pets weighing up to 20 pounds, such as small dogs and cats. They are crafted from eco-friendly materials, including organic cotton, recycled plastics, and natural fibers, to lessen environmental impact. These beds come in various styles, such as bolsters, caves, mats, and others, catering to different pet types, including dogs and cats. They are available through various sales channels, including hypermarkets or supermarkets, specialty stores, online platforms, and more.
The sustainable pet beds market research report is one of a series of new reports from The Business Research Company that provides sustainable pet beds market statistics, including sustainable pet beds industry global market size, regional shares, competitors with a sustainable pet beds market share, detailed sustainable pet beds market segments, market trends and opportunities, and any further data you may need to thrive in the sustainable pet beds industry. This sustainable pet beds market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The sustainable pet beds market size has grown strongly in recent years. It will grow from $2.18 billion in 2023 to $2.34 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth during the historic period can be attributed to the increasing availability of a wide variety of multifunctional and trendy pet beds, rising environmental consciousness, growing pet ownership, increased spending on pet care, and a heightened demand for eco-friendly products.
The sustainable pet beds market size is expected to see strong growth in the next few years. It will grow to $3.15 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The projected growth can be attributed to the rising adoption of pets as companions, increasing disposable income, growth in the global dog population, growing awareness of pet health and comfort, and evolving government regulations. Major trends in the forecast period include a growing demand for pet beds free from harmful chemicals and toxins, a shift towards minimalist and aesthetically pleasing designs, increased concern with the ethical aspects of production, emphasis on high-quality and durable materials, and the increasing use of organic, biodegradable, and recyclable materials.
The increasing pet ownership is expected to drive the growth of the sustainable pet beds market in the future. Pet ownership involves the legal and ethical responsibility of caring for domesticated animals as companions. This rise in pet ownership is driven by factors such as the desire for companionship and emotional support, improved living standards, urbanization, changing family structures, and greater awareness of the health and well-being benefits of having pets. As pet ownership grows, so does the demand for pet products, including beds, creating opportunities for companies specializing in sustainable pet beds made from recycled, organic, and biodegradable materials. For instance, in October 2023, the American Pet Products Association reported that 86.9 million US households owned pets, representing 66% of households in 2022. Additionally, Animal Medicines Australia reported in November 2022 that 69% of households in Australia had pets in 2022. Thus, the growing consumer demand for eco-friendly products is driving the sustainable pet bed market.
Leading companies in the sustainable pet beds market are focusing on developing natural and breathable dog beds to enhance comfort while minimizing environmental impact and promoting healthier living conditions for pets and their owners. These beds are made from eco-friendly materials that are free of synthetic additives or chemicals. For example, in December 2022, Bearaby, a US-based sustainable wellness brand, introduced the Pupper Pod. This bed is constructed from patented melofoam made from 100% natural organic rubber, which is biodegradable and cruelty-free. It features an OEKO-TEX-certified outer cotton cover that is free from harmful chemicals. The Pupper Pod is designed to conform to a dog's body, providing the benefits of deep touch pressure, which can help reduce stress and anxiety in pets. The bed includes a carrying case for easy transport and features a removable, machine-washable cover with waterproof inner foam for convenient cleaning.
In September 2021, Alvarez & Marsal Capital Partners, a US-based private equity firm, acquired Worldwise (PetWise) for an undisclosed amount. This acquisition allows Worldwise to expand its brand portfolio, which includes several award-winning brands known for their sustainability efforts. The deal provides Worldwise with additional resources and strategic advice to scale its operations and enhance its product lines, enabling the development of new sustainable solutions that meet the evolving needs of pet owners. Worldwise (PetWise) is a US-based company specializing in the manufacture of sustainable pet beds.
Major companies operating in the sustainable pet beds market are Petmate, Saatva Inc., Brentwood Home, The Labrador Company, Avocado Mattress LLC, K&H Pet Products, The Kind Pet, Soggy Doggy Productions, PetPals Group Inc., K9 Ballistics, Big Barker LLC, Sherpa Pet, Jax & Bones, Green Pet Shop, NaturoPet, Wanderruff, Rover Pet Products, Earthdog, Molly Mutt, West Paw
North America was the largest region in the sustainable pet beds market in 2023. The regions covered in the sustainable pet beds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the sustainable pet beds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The sustainable pet beds market consists of sales of orthopedic beds, donut beds, pillow beds, and travel beds. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Sustainable Pet Beds Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on sustainable pet beds market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for sustainable pet beds ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The sustainable pet beds market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.