October 03, 2022 09:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
Valley Cottage, New York, UNITED STATES
NEWARK, Del, Oct. 03, 2022 (GLOBE NEWSWIRE) -- As per a recent market analysis by Future Market Insights (FMI), the bird cages and accessories market is valued at US$ 2.5 Bn in 2022. Sales are projected to increase at a 5.0% CAGR, with the market expected to reach US$ 4.1 Bn by 2032.
There has been an increase in the demand for decorative cages so that they suit the aesthetics of the place. The bird cages and accessories market is also driven by the fact that there has been an increase in the disposable income.
Moreover, there has been an increase in the adoption of pet birds in almost every part of the world. This is expected to increase the demand for bird cages and accessories during the forecast period. Additionally, the rapid growth of E-commerce presents a huge opportunity for the market. The simple reason being that the customers get to select from a variety of brands.
Moreover, in the current times, the manufacturers are laying a lot of emphasis on the quality of the product. To ensure this, they are using high standard raw materials so that the cages and the accessories present a non-toxic, safe, and natural environment for the soft bodies of the pet birds. This might increase the sales of bird cages and accessories during the forecast period.
However, if there is a sub niche which has greatly furthered the growth of the market, it is the poultry cages segment. There has been an increase in the consumption of poultry products as they ensure a healthy body.
Another reason why the poultry cages are a huge source of revenue for the market is because people can afford to start a business in this niche because of the requirement of low capital.
Request a Report Sample to Gain Comprehensive Insights@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15630
Thus, from the insights presented by FMI, it can be inferred that an increase in the disposable income, coupled with the rise of the poultry cage market, and many other factors are expected to drive the bird cages and accessories market.
Browse Report @ https://www.futuremarketinsights.com/reports/bird-cages-and-accessories-market
The key players are making the best use of the available technology to manufacture top quality products. Additionally, the market is also experiencing a number of mergers and acquisitions because of a variety of reasons, some of which are product diversification, and entering into new regions.
Key Companies Profiled in Bird Cages and Accessories Market
Prevue Pet Products, Qiheng Pet Products Manufactory Co Ltd Company, A&E, Mcage, Entirelypets, Beruru, vidaXL, Big Dutchman, Hellmann Poultry GmbH & Co. KG, Jansen Poultry Equipment, Potters Poultry, SALMET GmbH & Co. KG, Fienhage. Poultry Solutions, VENCOMATIC BV, ROXELL, Zucami, Petco
Ask an Analyst @https://www.futuremarketinsights.com/ask-question/rep-gb-15630
Bird Cages and Accessories Market by Category
Use promo code ->> FMITODAY to get flat 20% discount
Have a Look at Related Research Reports of Consumer Product Insights
Mobile Phone Accessories Market Size: The Mobile Phone Accessories Market is valued at US$ 86.6 Billion in 2021. The market is likely to grow at a CAGR of 6.7% through 2031, reaching US$ 166 Billion.
Bird Carriers Market Share: The global bird carriers market size is estimated at US$ 116 Million in 2022 and is projected to reach US$ 251 Million by 2032, exhibiting a CAGR of 8% between 2022 to 2032.
Bird Toy Market Demand: The global bird toy market size is estimated to reach US$ 386 Mn in 2022. With demand growing at a 5% CAGR over the forecast period, the market valuation is projected to reach US$ 631 Mn by 2032.
Bird Food Market Trends: The global bird food market size is estimated to be valued at US$ 2.1 Bn in 2022 and is projected to reach US$ 3.0 Bn by 2032.
U.K. Pet Grooming Market Analysis: U.K. Pet Grooming Market by Product Type, Price Range, Pet Type, Sales Channel & Region - Forecast 2022 - 2032
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-845-579-5705 For Sales Enquiries: sales@futuremarketinsights.com