CAT LITTER MARKET ANALYSIS

Cat Litter MarketSize and Trends

The Global Cat Litter Market is projected to reach around US$ 6.82 Billions by the end of 2030, growing at CAGR of 4.2% during the forecast period (2023-2030).

• The growing demand for sustainable products due to the increase ooportunity of go green globally is projected to positively impact the Global Cat Litter Market over the forecast period. For instance, Sustainably Yours Natural Cat Litter designed a new litter packaging. The litter includes only two simple, renewable, and sustainable ingredients, namely corn and cassava, which are highly absorbent, completely natural, and stop odor on contact.
• Rapid urbanization and increasing disposable income of consumers are other two major factors acting as a trend for the Global Cat Litter Market. These growing trends of cat litter market will favor the market growth over the forecast period. According to the United Nation, globally, a growing proportion of the population lives in cities. 1.6 percent lived in urban areas in the 2010. By 2020, the share of urban population increased to 56.2 per cent. By 2030, the world is projected to have 43 megacities with more than 10 Mn inhabitants, most of them in developing regions such as Indonesia, Iran, and Iraq etc.