Global Pet Beds Market Is Expected to Reach USD 8.23 Billion By 2030

The global pet beds market size was valued at USD 4.25 Billion in 2022 and is expected to reach USD 8.23 Billion by 2030, growing at a (compound annual growth rate) CAGR of 6.4% during the forecast period.

Pet beds are an essential item for pet owners to ensure their furry companions get a good night's rest. They come in various shapes, sizes, and materials, catering to different pets' needs. Orthopedic pet beds provide support and comfort for senior pets with arthritis, while heated pet beds keep pets warm during the colder months. Elevated pet beds also exist, which help pets stay cool during the summer months. Additionally, pet beds can also be aesthetically pleasing, coming in a range of colors and designs that match the owner's decor. It's crucial to choose a pet bed that fits the pet's size and sleeping style, as well as being easy to clean and maintain. Ultimately, investing in a quality pet bed can improve the pet's overall health and well-being.

The global pet beds market is expected to surge exponentially due to the increasing trend of pet ownership and the humanization of pets. This trend has created a demand for high-quality, specialized pet beds that cater to different pets' needs. In addition, the growth of e-commerce and online shopping further drives the growth of the market, which in turn has made it easier for companies to reach a broader customer base. Opportunities in the market include offering unique and specialized products that stand out from competitors, partnering with other businesses, and expanding product lines.

Companies can also explore collaborations with pet influencers and social media marketing to reach a wider audience. However, on the other hand, an increase in pricing pressures and intense competition in the industry might hinder the growth of the market to an extent during the forecast period.

The global pet beds market is segmented based on type, end-user, application, and region.

Based on type, the market is segmented into orthopedic beds, pillow or cushion beds, donut & bolster beds, and heated beds. The orthopedic beds segment held the dominating market share in 2022 and is further projected to grow at a notable CAGR during the forecast period. The major reason for the growth of this segment is the growing demand for specialized pet beds that cater to pets' specific needs. Orthopedic pet beds are designed to provide additional support and comfort for pets with joint pain or mobility issues, making them a popular choice among pet owners with senior or injured pets. These beds are made of high-density foam, memory foam, or other materials that conform to the pet's body, reducing pressure points and promoting healthy circulation. The orthopedic beds segment is expected to continue to grow due to the increasing pet ownership and the growing awareness among pet owners about the benefits of specialized pet beds for their pets' health and well-being.

Based on end-user, the pet beds industry is segmented into cat and dog segments. The dog segment held the largest market share in 2022 and is further projected to grow rapidly during the forecast period.

Based on application, the market is bifurcated into indoor and outdoor segments. The indoor segment held the dominating market share in 2022 and is further predicted to grow rapidly at a remarkable CAGR during the forecast period. There has been a growing trend among pet owners to treat their pets as members of the family and allow them to live inside their homes.

Indoor pet beds offer pets a comfortable and cozy place to rest while also complementing home decor. These beds come in various sizes, shapes, and designs and can be made of a variety of materials, including cotton, polyester, and memory foam. With the rise of e-commerce and online shopping, pet owners have access to a wide range of indoor pet beds at affordable prices, further contributing to the segment's growth. Therefore, the indoor pet beds segment is expected to continue to expand as pet ownership continues to rise and pet owners prioritize their pets' comfort and well-being.

Based on region, the North American region held the largest global pet bed market share in 2022 and is further expected to continue this trend during the forecast period. The pet beds market in North America is expected to witness substantial growth in the coming years due to various factors, including the rising trend of pet ownership and the humanization of pets. Additionally, the increasing awareness about pet health and wellness and the growing demand for specialized pet beds that cater to pets' specific needs, such as orthopedic or heated beds, is expected to drive market growth in the region.

The presence of key market players and the popularity of online shopping and e-commerce platforms further contribute to the market's growth. Furthermore, the region's stable economy and high disposable income levels of pet owners make North America an attractive market for pet bed manufacturers and retailers.

This review is based on a report by Zion Market Research, titled “Pet Beds Market By Type (Orthopedic Beds, Pillow Or Cushion Beds, Donut & Bolster Beds, Heated Beds) By End-User (Dogs, Cats, Others) By Application (Indoor, Outdoor) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/pet-beds-market

Recent Developments

• In November 2020, Nestle Purina Petcare, a dominant Switzerland-based multinational corporation, launched a new line of pet beds under its "Purina Pet Haven" brand. The beds are made of high-quality materials and designed to provide pets with comfort and support. The launch is part of Nestle Purina's effort to expand its product offerings and provide pet owners with more options to cater to their pets' needs.
• In February 2021, K&H Pet Products, an innovative US-based pet products company announced the launch of a new line of heated pet beds, featuring a patented heating system that is energy-efficient and safe for pets. The beds are designed to provide pets with warmth and comfort during the colder months and come in various sizes and styles.

The global pet beds market is dominated by players such as:

• Petco Animal Supplies Inc.
• Amazon.com Inc.
• Walmart Inc.
• Nestle Purina
• K&H Pet Products
• BarksBar
• Aspen Pet
• PetFusion
• Furhaven Pet Products Inc.
• Snoozer Pet Products
• Simmons Bedding Company LLC
• Zooplus AG
• Easipet
• Majestic Pet Products Inc.
• Armarkat
• West Paw Design
• Drs. Foster and Smith
• Overstock.com Inc.
• PETMAKER
• Worldwise Inc.

The global pet beds market is segmented based on

By Type

• Orthopedic Beds
• Pillow or Cushion Beds
• Donut & Bolster Beds
• Heated Beds

By End-User

• Dogs
• Cats
• Others

By Application

• Indoor
• Outdoor

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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