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Pet Stores in the US - Industry Market Research Report

  • ID: 239589
  • Report
  • April 2020
  • Region: United States
  • 37 pages
  • IBISWorld
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Pet peeve: Mild pet ownership growth and greater external competition will slow revenue

FEATURED COMPANIES

Pet Stores in the US

The Pet Stores industry has prospered over the five years to 2019 due to improvements in household finances and rising pet ownership among millennials. Moreover, pet parents have increasingly lavished their pets with premium food products, designer pet accessories and luxury grooming services. The industry has expanded strongly during the five-year period despite mounting competition from supermarkets, mass merchandisers and online retailers. Since pets are viewed as family members, favorable economic conditions have enabled pet owners to increase spending on industry's products through rising disposable income levels. Over the five years to 2024, the Pet Stores industry's growth is anticipated to remain robust. Despite the economy expected to continue moving in a favorable direction, competition from online retailers, mass merchandisers and discount department stores will be more vigorous.

Pet stores sell a variety of pets, including dogs, cats, fish and birds. Stores also sell pet foods and supplies, such as collars, leashes, health and beauty aids, shampoos, medication, toys, containers, kennels and furniture. Some stores also offer pet services, such as grooming, training and daycare.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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FEATURED COMPANIES

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • PetSmart Inc.
  • Petco Animal Supplies Inc.
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