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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 | Aug 2016

Puppy love: Pet owners will invest in premium products and services as the economy improves

IBISWorld’s Pet Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 11-16
4.5%
Annual Growth 16-21
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Profit
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Employment
119,839
Businesses
13,575
Industry Analysis & Industry Trends

The Pet Stores industry has purred along over the past five years as cats, dogs, fish and birds have remained popular home companions. Pet parents, or pet owners who treat their four-legged friends as family members, have grown increasingly common and facilitated demand for pet stores. Accelerated by economic recovery, the industry has expanded strongly over the five-year period, despite increased competition from supermarkets, mass merchandisers and online retailers that typically offer consumers greater convenience and competitive prices. Over the five years to 2021, the Pet Stores industry is projected to maintain strong growth... purchase to read more

Industry Report - Industry Key Buyers Chapter

More than 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. 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.

In the five years to 2021, major players PetSmart and PETCO are expected to grow their share of the industry. This is because these big-box retailers are able to offer customers a "best of both worlds" scenario, which includes providing broad and industry-specific product selections while operating on such a scale that they can purchase in bulk and pass savings on to consumers... 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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