South Korea Cat Litter Products Market Size & Outlook
South Korea cat litter products market, 2018-2030 (US$M)
Related Markets
South Korea cat litter products market highlights
- The South Korea cat litter products market generated a revenue of USD 166.6 million in 2022 and is expected to reach USD 299.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
- In terms of segment, clumping was the largest revenue generating product in 2022.
- Clumping is the most lucrative product segment registering the fastest growth during the forecast period.
Cat litter products market data book summary
| Market revenue in 2022 | USD 166.6 million |
| Market revenue in 2030 | USD 299.3 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Clumping |
| Fastest growing segment | Clumping |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clumping, Conventional |
| Key market players worldwide | Nestle SA, Clorox Co, Oil-Dri Corp of America, Church & Dwight Co Inc, Dolmio, Intersand, Dr. Elsey's, Silica Gel Direct, Pettex |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.1% of the global cat litter products market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cat litter products market is projected to lead the regional market in terms of revenue in 2030.
- Taiwan is the fastest growing regional market in Asia Pacific and is projected to reach USD 160.2 million by 2030.
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Cat Litter Products Market Scope
Cat Litter Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea cat litter products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cat litter products market will help companies and investors design strategic landscapes.
Clumping was the largest segment with a revenue share of 77.37% in 2022. Horizon Databook has segmented the South Korea cat litter products market based on clumping, conventional covering the revenue growth of each sub-segment from 2018 to 2030.
The South Korea Ministry of Agriculture, Food and Rural Affairs is developing a comprehensive five-year plan aimed at enhancing animal welfare and promoting responsible pet ownership. The plan focuses on increasing public awareness of animal welfare and improving living conditions for pets, particularly dogs and cats.
These efforts are anticipated to stimulate pet ownership in South Korea, presenting promising growth opportunities for the cat litter product market in the foreseeable future. Many cat owners in South Korea are willing to spend more on essential cat products pertaining to healthcare, grooming, and overall maintenance.
Purr Song, a South Korean company, introduced an innovative self-cleaning litter box for pet cats. This advanced system automatically removes waste and replenishes litter, providing convenience for both the cat and the owner.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cat litter products market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cat litter products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cat litter products market size, by product, 2018-2030 (US$M)
South Korea Cat Litter Products Market Outlook Share, 2022 & 2030 (US$M)
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