COVID-19 Recovery Analysis: Automatic Self-cleaning Cat Litter Box Market | Increasing Awareness About Hygiene to boost the Market Growth
September 11, 2020
LONDON–(BUSINESS WIRE)–Sep 11, 2020–
Technavio has been monitoring the automatic self-cleaning cat litter box market and it is poised to grow by $ 375.99 mn during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Automatic Self-cleaning Cat Litter Box Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Automated Pet Care Products Inc., Cosmic Pet, iKuddle, Jiaxing Le you pet products Co. Ltd., Omega Paw Inc., PetNovations Ltd., Radio Systems Corp., and Spectrum Brands Holdings Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growing awareness of safety concerns and animal allergies has been instrumental in driving the growth of the market. However, high purchase price and maintenance cost might hamper market growth.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automatic self-cleaning cat litter box market report covers the following areas:
Automatic Self-cleaning Cat Litter Box Market Industry Analysis
This study identifies an increase in aging cats with cognitive problems as one of the prime reasons driving the automatic self-cleaning cat litter box market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist automatic self-cleaning cat litter box market growth during the next five years
Estimation of the automatic self-cleaning cat litter box market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automatic self-cleaning cat litter box market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automatic self-cleaning cat litter box market, vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Single cat – Market size and forecast 2019-2024
Multi-cat – Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by Distribution channel
Comparison by Distribution channel
Offline – Market size and forecast 2019-2024
Online – Market size and forecast 2019-2024
Market opportunity by Distribution channel
North America – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
APAC – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
COVID-19 impact on the market
Key leading countries
Market opportunity by geography
Market positioning of vendors
Automated Pet Care Products Inc.
Jiaxing Le you pet products Co. Ltd.
Omega Paw Inc.
Radio Systems Corp.
Spectrum Brands Holdings Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200911005026/en/