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Pet Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Pet Stores Market Research Report | NAICS 45391 | Jul 2014

Lucky dog: Pet owners will invest in premium products as disposable income rises

IBISWorld’s Pet Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 09-14
2.2%
Annual Growth 14-19
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Profit
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Employment
114,356
Businesses
13,195
Industry Analysis & Industry Trends

Pet ownership will continue to rise, driving revenue growth in this industry, particularly within the pet food segment. Further, the trend of pet indulgence is increasing the popularity of diverse pet services, such as grooming, walking and even pet therapy. Nonetheless, specialty pet stores continue to compete with supermarkets and big-box stores that carry large inventories of similar products at lower prices... purchase to read more

Industry Report - Starting a New Business Chapter

High levels of competition and regulations associated with entering this industry may deter some from entering the industry. Nevertheless, there are various niche markets available for new players to occupy, specifically those that specialize in premium and innovative food, products and services.

A significant factor that can hinder an operator from entering this industry is government regulations. There are federal and state laws regulating pet shops and the sale of animals. For example, the Pet Animals Act 1951 requires pet shops to get a license in accordance with the act before they can open. In addition, the Animal Welfare Act of 1966 dictates how pets sold in pet stores must be maintained... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pet Stores Industry?

Pet stores sell a variety of pets, including dogs, cats, fish and birds. Stores also sell pet foods and pet supplies, such as collars, leashes, health and beauty aids, shampoos, medication, toys, pet containers, dog kennels and cat furniture. Some stores also offer pet services such as grooming and training.

Industry Products
Pet foodPet supplies Pet servicesLive animals
 
Industry Activities
Retailing petsRetailing pet food and suppliesProviding pet grooming and boarding services


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