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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 | Mar 2014

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

The Pet Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 09-14
3.2%
Annual Growth 14-19
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Profit
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Employment
114,356
Businesses
13,156
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 - Industry Key Buyers Chapter

More than one half of the Pet Stores industry's revenue comes from two specialty supply retailers: PetSmart and PETCO. The other portion of the industry consists of family-owned stores, small franchises and small chains of pet stores. The industry has a moderate level of concentration with the top four companies generating an estimated 64.4% of the industry's revenue. Despite the moderate degree of concentration, small operators are still able to find niche markets in their geographical locations, and they rarely expand beyond those areas.

IBISWorld estimates that by the end of 2014, the industry will have about 13,156 firms. According to the latest available data provided by the Census, about 59.1% of pet stores are operated by a small business with no employees... 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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