Pet Drinking Fountains Market is Expected to Reach $862.9 Million By 2026

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OVERVIEW

Pet Drinking Fountains Market is expected to reach USD 862.9 million by the end of 2026.

Bizlytik analysts forecast the global Pet Drinking Fountains market to grow at a CAGR of 27.1% during the forecast period, according to their latest market research report.

Pet drinking fountains are automated water filters that keep the water for pet consumption clean and purified for a longer time. The pets are encouraged to consume water regularly from such streams that taste fresh and better continuously. The water in the fountains does not have to be periodically changed, as in the case of drinking bowls.

The increasing awareness among pet owners concerning pet health and hygiene and the continued rise in the number of pets being adopted by families are the influential primary factors that would bolster the prospects of market growth during the forecast period. The increase in water intake among pets from drinking fountains owing to the freshness of the water and its close resemblance to a natural water source would also boost the product demand over time.
The increasing need to avoid health issues among pets due to dehydration would also propel the growth of the market. The high product importance and adoption in the case of home-alone pets for regular hydration would offer new opportunities for the product application and business expansion to the key vendors.

Plastic Drinking Fountains, Stainless Steel Drinking Fountains, and Ceramic Drinking Fountains are covered in the Type segment of the market scope. In contrast, the application segment is categorized into Dogs, Cats, and Others. The report covers the volume of the market by Application, with the volume expressed in K Units. The Type segment is calculated in terms of value and volume.

The volume of the Cats segment by Application is estimated to reach 29,038.6 K Units by 2026; growing at a CAGR of 28.9% from 2020 to 2026. The rapid adoption of pet fountains among cat owners due to the unusual water consumption behavior of cats and filtering of dirt from the water using the pet fountain would boost the product demand and bolster the segment growth.

North America, Europe, Asia Pacific, South America, and Middle East & Africa are taken into consideration while arriving at the global volume and value figures. While North America is further categorized into the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involving GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America is a lucrative region and holds a substantial share in terms of overall market value and volume owing to the increasing investments made to maintain pet hygiene and health. The piqued interest among the regional customers concerning the product, especially among working professionals who have to leave their pets at home alone for long intervals, would ensure continued regional market growth during the forecast period.

The Pet Drinking Fountains market is moderately fragmented, with several global and regional companies operating in the evolving market scenario with considerable manufacturing and distribution capabilities. The expansion in business capabilities through strategic partnerships and launch of new products after innovative development are the primary business strategies of the top players.

PetSafe Brand is one of the most significant companies of the global Pet Drinking Fountains Market in terms of production volume, with Doskocil Manufacturing Co Inc. and Rolf C. Hagen Inc. among many other vendors to hold substantial market share by volume and value.