Global Pet Waste Bags Market Overview:
Pet waste bags are used to collect the waste of pets particularly dogs and cats. These bags are used to keep the surroundings and the environment clean and tidy. With the new trend, pet waste bags are also increasingly becoming bio-degradable. In many nations; it is owners’ responsibility to clean the waste created by dogs and it is required by the law. If the owners fail to do so; he may receive punishments for the same. With an increasing number of people adopting pets the demand for pet waste bags is also increasing.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | MoGo Pet Co. Limited (Hong Kong), Naike Group Co. Ltd (China), Earth Rated (United States), Petmate (United States), Gorilla Paper Inc. (United States), Downtown Pet Supply (United States), Best Pet Supplies (France), PET N PET (United States), BioBag (United States) and PLANET POOP (United States) |
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 |
Growth Drivers
- Increasing Number of Adoptions of Pet Animals
- Mandatory Laws to Clean the Waste Created by Pets
Roadblocks
- Disposal related Problems with Pet Waste Bags
Opportunities
- Increasing Number of Nations Making a Law to Make it Mandatory to Clean the Pet Waste
- Growing Number of Pet Care Centres
Challenges
- A large Number of Players Operating in The Space
- Thin Margins on The Pet Waste Bags
Competitive Landscape:
There is a large number of players operating in this market. As the product is more or less identical; the margins on it are very thin. In this situation, market players should differentiate their products by means of marketing. There is increasing demand for biodegradable waste bags so, new innovations could be a good way to differentiate from competitors. There are no barriers to entry in this market for new entrants.
Some of the key players profiled in the report are MoGo Pet Co. Limited (Hong Kong), Naike Group Co. Ltd (China), Earth Rated (United States), Petmate (United States), Gorilla Paper Inc. (United States), Downtown Pet Supply (United States), Best Pet Supplies (France), PET N PET (United States), BioBag (United States) and PLANET POOP (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Pet Waste Bags market by 2027. Considering Market by Packaging, the sub-segment i.e. Paper will boost the Pet Waste Bags market. Considering Market by Sales Channel, the sub-segment i.e. Supermarkets will boost the Pet Waste Bags market. Considering Market by Pet, the sub-segment i.e. Dog will boost the Pet Waste Bags market.
In Sept 2020, Dogdrop, an LA-based dog care start-up announced its new service of product delivery. The service is aimed at delivering a two-month supply of sustainable dog waste bags and paw and bum wipes to the door. Dogdrop is backed by investors such as Science Inc. Muse Capital and Leap Ventures. Dogdrop plans to branch out its successful dog day-care to offer products that contribute to Dogdrop's mission to provide the best possible care to dogs and offer convenience to the owner in a seamless manner.
What Can be Explored with the Pet Waste Bags Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Pet Waste Bags Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Pet Waste Bags
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 Waste Bags 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 Waste Bags 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, Pet Waste Bags Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
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.