Industry Analysis & Industry Trends
Every dog has its daycare
The rise of so-called "pet parents" has given the industry a boost in recent years. As consumers have become more attached to their pets, they have also been more likely to purchase higher-value services. With the economy in an upswing, the industry is set to grow even further; more people will be able to afford pets, thus raising industry demand. However, competition looms in the form of major retailers like Walmart, which offers pet grooming services at some of its stores... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Pet Grooming and Boarding industry has a low market share concentration. The top four companies in the industry account for about 22.4% of industry revenue in 2012. The majority of companies operating in the industry tend to have only one or two employees and generate less than 1.0% of industry revenue. Since pet owners tend to board and have their dogs groomed at facilities within their immediate geographic vicinity, the industry is highly fragmented. The two dominant players in the industry are PetSmart and Petco Animal Supplies, which together account for 20.5% of revenue. These companies provide pet products in conjunction with pet care services. As a result, they hold a competitive advantage since consumers can purchase products and pet care services at one location... purchase to read more