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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 2017

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

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
$19bn
Annual Growth 12-17
2.7%
Annual Growth 17-22
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Profit
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Employment
121,360
Businesses
17,714
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, despite increased competition from supermarkets, mass merchandisers and online retailers that offer consumers greater convenience and competitive prices. Over the five years to 2022, the Pet Stores industry is projected to maintain strong growth. As the economy continues its upward trajectory and consumers have more discretionary income, revenue from premium products and services is projected to increase... 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 Inc. and Petco Animal Supplies Inc. The remainder 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, rarely expanding beyond those areas.

Over the five years to 2022, PetSmart and Petco are expected to grow in their share of the industry because 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 in the form of lower prices. Con.. 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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