The bird cages and accessories market is valued at US$ 2.5 Billion in 2022. Sales are projected to increase at a 5.0% CAGR, with the market expected to reach US$ 4.1 Billion by 2032.
Specifically, decorative cages have increased in popularity so they correlate with the site setting. The disposable income level has also increased, which drives the bird cages and accessories market forward.
In addition to this, pet birds have almost taken over nearly all regions of the world. This will, in turn, boost the demand for bird cages and accessories during 2014—2019F. Moreover, the sluggish growth of E-commerce comes along with a great opportunity for the market. The basic reason therefore is that the other brands are available for selection.
Additionally, in the present days manufacturers pay more attention to product quality. For the assurance of this, they are using high quality products so that these organizations would provide cage and accessories free from toxic materials natural environment for their soft bodies. This may raise the sales of bird cages and accessories during forecast period.
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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.
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.
Key Takeaways
- The bird cages and accessories market is expected to grow at a CAGR of 5% during the forecast period.
- The bird cages and accessories market has a valuation of US$ 2.5 bn as on 2022.
- By 2032, the market is expected to reach a valuation of US$ 4.1 bn.
- North America is the largest bird cages and accessories market, and had a market shared of 21% in 2021.
- Europe is expected to be one of the most significant markets.
- Asia Pacific is expected to be the fastest growing bird cages and accessories market during the forecast period.
- Based on type, the cages segment has the highest bird cages and accessories market share.
- Based on the sales channel, the online retailers segment has the highest market share.
- Based on price range, the premium segment has the highest market share.
Competitive Landscape
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.
- Some of the recent developments are:
- In May 2022, Prevue Pet Products received the prestigious Vanguard award for avian merchandising.
- In July 2022, Salmet had developed SalProgress+, which is a unique way of installing a wide array of sensors and other data collectors in poultry farms.
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
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Bird Cages and Accessories Market by Category
By Type:
- Cages
- Perches
- Travel carriers
- Others
By Price type:
- Economic
- Medium
- Premium
By Bird Type:
- Small birds
- Large birds
By Sales Channel:
- Wholesalers/ Distributors
- Hypermarkets/ Supermarkets
- Specialty Stores
- Pet shops
- Online Retailers
- Other Sales Channel (Direct Sales, Independent Stores, Departmental Stores)
By Region:
- North America
- Latin America
- Asia Pacific
- THING
- Europe
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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