Global Pet Cots Market Overview:
Pet cots are strong, hammock-style beds that pets will absolutely love resting on. Standing more than six inches off the floor, fresh air circulates underneath pets while elevating them off of uncomfortable surfaces that may be hot, cold, or hard. Fade-resistant, breathable mesh fabric allows air to flow underneath, that keeping them at a comfortable temperature even on a hot day.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Dominance of Online Sales Channels Offering Pet Care Products
Market Growth Drivers:
Growing Pet Adoption and Awareness About Pet Care and Rising Expenditure on Companion Animals by Owners
Challenges:
Widespread Presence of Counterfeit Pet Care Products
Restraints:
High Cost of Premium Pet Products
Opportunities:
Growing Trends of Nuclear Family Expected to Increase Pet Adoption and Growth Potential in Developing Countries
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are K&H Pet Products (United States), Etna (United States), Coolaroo (Australia), Veehoo (United States), GigaTent (United States), SUPERJARE (United States), Furhaven Pet (United States), Zenithen(China) and Paws & Pals (Canada). Analyst at AMA Research see United States Vendors to retain maximum share of Global Pet Cots market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Pet Cots market.
Latest Market Insights:
In July 2023, Sleepy Paws, a leading manufacturer of elevated dog beds, announced its acquisition of Cozy Crates, a smaller competitor known for its innovative crate-cot hybrids. This move is expected to strengthen Sleepy Paws' market share and expand its product line.
In November 2023, Chill Factor, known for its cooling dog beds, unveiled its first-ever elevated pet cot featuring their signature cooling technology. This product is designed to provide comfort and relief to pets during hot weather.
What Can be Explored with the Pet Cots Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Pet Cots Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Pet Cots
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pet Cots market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pet Cots market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufactures of Pet Cots, Raw Material Provider, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.