The Pet Stores industry in Canada has grown strongly over the five years to 2017, fuelled by high pet ownership rates and an increasing number of ""pet parents."" While competition has increased for industry operators, higher household income levels and rising consumer confidence have encouraged consumers to loosen their purse strings and indulge their pets with price-premium pet products, boosting industry demand. The overall outlook for the Canadian Pet Stores industry is positive. Rising pet ownership will drive industry growth over the five years to 2022. In addition, the rebounding economy and rising disposable income will likely boost total retail spending, enabling pet owners to pamper their pets and splurge on pet products.
This industry sells a variety of pets, including dogs, cats, fish and birds. Stores also sell pet food 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.
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.