Global Pet Beds Market Overview:
There are plenty of benefits for the pet to having a bed for them. They can be used for sleeping during the day and sleeping in at night. Unlike the floor, a bed will keep the pet warm, support arthritic joints, and prevent calluses, and unlike a couch or human bed, pet beds are spaces that pups can have all to themselves. Pet beds can be as simple as an old pillow or as fancy as a wrought-iron frame with a lace canopy.
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:
Advancement in the Manufacturing of Pet Bed
Market Growth Drivers:
Increasing Awareness about the Orthopedic Pet Beds Create Supplementary Support for the Muscles, Backbone and Joints While the Pet Rests and Relaxes and Concern Regarding Hygiene
Challenges:
High Competition Between Major Players
Restraints:
Development of Low-Cost Pet Bed
Opportunities:
Availability of Various Distribution Channels
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 Manufacturing (United States), Naaz International (India), Legowiska Wiko (Poland), West Paw Design (United States), Tuffies (United Kingdom), J and M Pet Beds Ltd (United Kingdom), Eurostitch Ltd (United Kingdom), Quaker Pet Group (United States), Gen7Pets (United States), Snoozer (United States), Coastal Pet Products (United States) and Ming Hui Industry Limited (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Pet Beds market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Pet Beds market. Considering Market by Size, the sub-segment i.e. Small will boost the Pet Beds market. Considering Market by Filling Type, the sub-segment i.e. Cotton will boost the Pet Beds market.
Latest Market Insights:
In November 2023, Casper, known for their human mattresses, launched their first line of premium dog beds. The beds feature high-quality materials, supportive memory foam, and machine-washable covers, aiming to provide dogs with the same level of comfort as their human counterparts.
In October 2023, Petmate, a leading manufacturer of pet beds and accessories, acquired Kurgo, a renowned brand for travel and safety products for dogs. This merger aims to expand Petmate's reach in the pet travel segment and leverage Kurgo's expertise in designing functional and stylish products.
What Can be Explored with the Pet Beds Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Pet Beds Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Pet Beds
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 Beds 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 Beds 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 Manufacturers of Pet Beds, Suppliers of Pet Beds, Wholesalers, Distributors and Retailers of Pet Beds and End-User.
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.