The Europe pet furniture market consists of a variety of products that enhance the standard of living of companion animals in European households. Pet furniture includes beds, cages, carriers, cat trees and condo units, outdoor enclosures, and pet houses that provide comfort and entertainment to pets. Growing humanization of pets and growing preference for more premium and specialized furniture to accommodate pets is propelling the demand for pet furniture in Europe.
The Europe pet furniture market is estimated to be valued at US$ 1.75 Billion in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Europe pet furniture are MidWest Homes for Pets, PetPals Group, Inc, Go Pet Club, North American Pet Products, Ware Pet Products.
Growing pet humanization trend and rising multifunctional homes ready for both pets and humans are driving the demand for pet furniture in Europe. Advancements in materials and technologies used in pet furniture such as waterproof, durable, and aesthetic designs are attracting more pet owners.
Technological advancements including durable, aesthetic and multifunctional furniture designs as well as integration of technology such as self-heating/cooling beds and smart feeders are improving the pet parenting experience and boosting the demand for innovative pet furniture.
Market Trends
Growing demand for eco-friendly and sustainable pet furniture made from recycled, repurposed, and FSC-certified wood is a key trend witnessed in the market. Manufacturers are increasingly focusing on producing Europe Pet Furniture Market Growth with minimal environmental footprint.
Rise of customized and multifunctional furniture catering to pet size, breed and owner needs has also been a major trend. Furniture options that serve multiple purposes such as feeding, sleeping and play are gaining traction.
Market Opportunities
The market is expected to witness lucrative opportunities from rise of nuclear families and single households with pets in European countries. These families and individuals rely heavily on specialized pet care products including customized furniture.
Growing trend of outdoor pet activities and spending quality time with pets will also augment demand for innovative outdoor pet enclosures, houses, stakes and beds promoting health and wellness of pets.
Impact of COVID-19 on Europe Pet Furniture Market Growth
The COVID-19 pandemic severely impacted the Europe pet furniture market in the initial few months. The lockdowns enforced across various European nations led to closure of retail stores and disruption in supply chains. This greatly hampered the sales of pet furniture products in 2020. However, as people were confined to homes, pet adoption rates surged across Europe. This led to increased demand for pet furniture to provide comfort to pets. Also, online shopping picked up momentum as consumers turned to e-commerce platforms to buy essential pet products. Major players also shifted their focus online to continue serving customers. Going forward, the work from home culture developed during the pandemic is expected to boost long term pet ownership in Europe. This will drive further growth in pet essentials like furniture. manufacturers are also focusing on innovative, affordable and multifunctional pet furniture to attract more customers. However, rising costs remain a challenge due to inflationary pressures.
In terms of value, Western Europe dominates the Europe pet furniture market currently. Countries like UK, Germany, France and Italy have high pet ownership rates and growing disposable incomes. This leads to increased spending on pet supplies. UK Pet Furniture Market accounted for over 25% share in 2021 led by high levels of humanisation of pets. Eastern Europe is also emerging strongly supported by rapid urbanisation. Countries like Poland, Romania and Czech Republic are witnessing rising interest in pets. The pet furniture market is projected to grow fastest in Central and Eastern European nations through 2031. Factors like improving living standards and shifting preferences towards nuanced pet care will aid the market expansion.
The faster adoption of pets during COVID-19 propelled the Germany Pet Furniture Market to become the fastest growing region in Europe between 2020-2022. The mandatory work-from-home protocols increased companion needs for solitary lives. Premium quality, locally sourced pet products appealed customers who prioritize their pets’ well-being. Online retailers effectively served the restricted movement with doorstep delivery of essentials like comfortable cat trees and dog beds. Also, Germans spent leisure hours improving their homes, including pet space. Young millennial pet parents driving innovations shaped an encouraging environment for the industry. However, affordability remains crucial for further acceptance across income segments.
Get more insights on Europe Pet Furniture Market