Online Pet Food & Pet Supply Sales
The Online Pet Food and Pet Supply Sales industry retails pet-related items ranging from dog treats to bird cages to cat carriers. Rising pet ownership and the increased popularity of e-commerce websites have recently driven revenue growth for the industry. Additionally, increases in per capita disposable income and consumer spending have enabled shoppers to splurge on premium-priced goods for their furry friends, further driving revenue growth. Over the five years to 2024, IBISWorld forecasts that industry revenue will continue to rise. An increasing number of pets in the United States and rising per capita disposable income will boost overall sales volume as well as the average cost per sale, as cash-rich customers continue to splurge on premium-priced goods. However, online pet retailers will experience increasing competition from the brick-and-mortar stores that sell pet food and supplies, as well as grocery stores and big-box retailers.
This industry retails pet foods and supplies through the internet. Examples of products offered by online pet supply stores include collars, leashes, health and beauty aids, medication, toys, pet carriers and furniture.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook