New US report

Good prospects for pet stores

Store chains such as PetSmart and Petco (in the picture) continue to grow.
Store chains such as PetSmart and Petco (in the picture) continue to grow.
23.03.2023

Pet stores in the USA will achieve sales of 29.4 bn dollars in 2023, according to a recent report by industry research organisation IBISWorld. The market size of the pet stores industry, 35th-ranked retail trade industry according to size, is expected to increase by 0.3 per cent this year.

“Pet speciality retailers have an ongoing demand to balance consumer needs while managing the complexities that go along with them,” say the researchers.

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