| SIC Codes: | 5999 |
| NAICS Codes: | 453910 |
Companies in this industry operate physical retail establishments that sell pets, pet foods, and pet supplies. Major companies include PetSmart, PETCO Animal Supplies Stores, and Petland (all based in the US), along with Global Pet Foods and Pet Valu (Canada), and Pets at Home (UK).
Pet ownership drives demand, and spending generally resists economic cycles. Profitability for individual companies depends on the ability to generate store traffic and effective merchandising. Large companies offer low prices and wide selections of both products and services. Small companies compete effectively by serving a local market, selling unique products, offering specialized services, or providing pet expertise. The industry is concentrated: the 50 largest companies account for about 70 percent of revenue.
Major product segments include pet food, pet supplies, aquarium products and fish, and pets. Pet food accounts for 40 percent of sales, pet supplies for 40 percent, aquarium products and fish for 10 percent. Pets and pet care services each account for about 5 percent. The pet food segment primarily consists of dog and cat food. Pet supplies include pet toys, collars and leashes, cages and habitats, and vitamins and supplements. Types of pets sold include dogs, cats, fresh and saltwater fish, birds, reptiles, and small animals (mostly hamsters and gerbils).
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