Industry Analysis & Industry Trends
The Pet Stores industry has grown steadily over the five years to 2015, driven by the growing number of pet owners who treat their pets like family members. Over the five years to 2020, pet ownership will continue to rise, driving revenue growth in this industry, particularly within the pet food segment. Moreover, 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 Locations Chapter
Pet stores are primarily located in the Southeast, the West, the Mid-Atlantic and the Great Lakes regions of the United States. Industry locations are based primarily on the number of households in each region, as well as the median income level of households.
The Southeast holds the highest number of industry establishments; 22.1% of pet stores are estimated to be in the region. The Southeast is the most populated region of the United States with one quarter of the nation's population. Given the higher proportion of households, there is a greater demand for industry retailers. Within the Southeast, Florida has the highest number of pet stores, at 8.1% of the nation's total... purchase to read more