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Global Automatic Self-cleaning Cat Litter Box Market (2018-2022) To Grow At A CAGR Of 7.3% - Increasing Consumer Awareness Campaigns & Increase In Cat Ownership Are Major Drivers - ResearchAndMarkets.com May 15, 2018

The Latest News: https://www.businesswire.com/news/home/20180514005717/en/Global-Automatic-Self-cleaning-Cat-Litter-Box-Market

The global automatic self-cleaning cat litter box market to grow at a CAGR of 7.3% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is launch of consumer awareness campaigns. Several key market vendors are focusing on increasing the degree of product penetration by launching numerous consumer awareness campaigns. They are also trying to reach consumers by investing in print and online media including videos, social media posts, email marketing, and creative pictures.

According to the report, one driver in the market is global increase in cat ownership. The millennial population segment is witnessing an increasing adoption of pets due to the rise in per-capita disposable income levels. This in turn, will boost the purchase volume of pet accessories and pet care products.

Further, the report states that one challenge in the market is high purchase price and maintenance cost. The high costs of automatic self-cleaning cat litter boxes negatively impact their sales. The pet owner or the consumer bears the cost of cloud-connectivity devices for smart litter boxes, installation charges, and other usage charges.