Global Sustainable Pet Beds Market Growth Analysis 2024, Forecast To 2033

8 Oct, 2024

The sustainable pet beds market size has experienced robust growth in recent years, projected to increase from $2.18 billion in 2023 to $2.34 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.6%. This growth during the historical period can be attributed to the rising availability of diverse, multifunctional, and stylish pet beds, growing environmental consciousness, increased pet ownership, heightened spending on pet care, and a growing demand for eco-friendly products. Looking ahead, the sustainable pet beds market is expected to continue its strong upward trajectory, with a projected size of $3.15 billion in 2028, growing at a CAGR of 7.7%. This anticipated growth is driven by factors such as the increasing adoption of pets as companions, rising disposable income, a growing global dog population, heightened awareness of pet health and comfort, and evolving government regulations. Key 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, heightened concern regarding the ethical aspects of production, an emphasis on high-quality, durable materials, and a rise in the use of organic, biodegradable, and recyclable materials.

Global Sustainable Pet Beds Market Key Driver

The increasing pet ownership is expected to foster the growth of the sustainable pet beds market in the coming years. Pet ownership represents the legal and ethical responsibility of caring for and managing a domesticated animal as a companion. Factors contributing to rising pet ownership include the desire for companionship and emotional support, improved living standards, urbanization, evolving family structures, and increased awareness of the health and well-being benefits of having pets. This growth in pet ownership directly translates to a larger market for pet products, including beds, and creates opportunities for companies specializing in sustainable pet beds made from recycled, organic, and biodegradable materials. For example, in October 2023, the American Pet Products Association, a US-based non-profit organization, noted that 86.9 million US households owned a pet, which accounts for 66% of households in 2022. Furthermore, in November 2022, Animal Medicines Australia, an association representing animal health in Australia, reported that 69% of households in Australia owned pets in 2022. Therefore, the increasing consumer demand for eco-friendly products is driving the growth of the sustainable pet bed market.

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Global Sustainable Pet Beds Market Segments

The sustainable pet beds market covered in this report is segmented –
1) By Type: Small, Medium, Large
2) By Product: Bolster, Cave, Mat, Other Product Types
3) By Pet Type: Dog, Cat, Other Pet Types
4) By Sales Channel: Hypermarket Or Supermarket, Specialty Stores, Online, Other Sales Channels
By Geography:The regions 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. North America was the largest region in the sustainable pet beds market in 2023.

Major Sustainable Pet Beds Industry Players

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

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Sustainable Pet Beds Market Overview

Sustainable pet beds are bedding products developed and made with environmentally friendly materials and procedures to reduce negative environmental impact. Sustainable pet beds provide a comfortable and safe sleeping environment for pets while also encouraging eco-friendly habits and lowering the overall environmental effect of pet care.

Sustainable Pet Beds Global Market Report 2023 provides data on the global sustainable pet beds market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The sustainable pet beds market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.