Market Challenges And Opportunities

Global Cat Litter Market: Restraints

Increase cost of raw material: The growing cost of raw materials used in the production of cat litter products is expected to hamper the market growth. For instance, Oil Dri Corporation is worldwide leader in producing, marketing and selling high-quality sorbent products for the consumer and B2B markets. Expecting a hike in its cat litter product prices during the second quarter of the fiscal year 2022, across the U.S. and Canada due to the elevated freight, packaging, materials, natural gas, and non-fuel manufacturing costs
Counterbalance: To control the raw material cost for the production for cat litter products, regular non-clumping litter can be made, which is the cheapest material per pound for filling up litter boxes.
Increase Concern about environment: Rising concerns over environment and pet health are other major factors expected to hinder the market growth. For instance, silica, which is used in cat litter products, has high carbon footprint. Also, it has a negative impact on climate.
Counterbalance: Switching to eco-friendly cat litter will have the greatest impact on minimizing the carbon footprint.