How big is the Pet Retail Market | Size & Share Analysis 2031

Code: MTA7864 Publication Date: Aug 2025

What is the Pet Retail Market Size?

According to 6Wresearch internal database and industry insights, the Pet Retail Market was valued at USD 29.3 billion in 2024 and is expected to reach USD 32.1 billion by 2031, growing at a CAGR of 5.7% during the forecast period of 2025-2031.

The market is witnessing robust growth as pet ownership rates surge globally, with consumers increasingly treating pets as family members. Expanding product categories, including premium pet food, toys, grooming products, apparel, and accessories, are fuelling sales. E-commerce platforms and omnichannel retail strategies are playing a critical role in market penetration, while personalized shopping experiences and subscription models are gaining traction.

Major Growth Factors of the Pet Retail Market

  • Rising global pet ownership and spending per pet
  • Growth in premium and super-premium pet product categories
  • Expansion of e-commerce, online marketplaces, and subscription services
  • Increasing demand for sustainable, eco-friendly, and ethically sourced products
  • Rising influence of pet influencers and social media-driven purchases
  • Growth of pet specialty retail chains and dedicated pet sections in supermarkets
  • Technological innovations in pet care products (smart collars, feeders, health trackers)
  • Increasing urbanization and nuclear family trends fuelling pet companionship

Pet Retail Market Trends

The Pet Retail Market is experiencing a surge in demand for premium, natural, and human-grade products across food, treats, and accessories. Breed-specific diets, size-based accessories, and carefully picked subscription boxes are examples of customized pet shopping experiences that are becoming more and more popular. Physical retail stores are becoming more valuable as a result of in-store services including grooming, training, and veterinary consultations. The consumer experience is changing as a result of digital integration with loyalty programs, AI-powered suggestions, and augmented reality capabilities for product trials.

Emerging Developments in the Pet Retail Market

The Pet Retail Market is evolving with the rise of experiential retail formats, where customers can engage with products in interactive store environments. Retailers are spending money on private-label products with distinctive formulas and competitive prices. Product reach is being increased through partnerships with lifestyle businesses, veterinary clinics, and pet brands. Adoption of pet technology, including GPS trackers, smart feeding systems, and automatic health monitoring, is growing significantly. Consumer preference is shifting toward sustainability measures, such as recyclable packaging and materials obtained responsibly.

List of Leading Companies in the Pet Retail Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.Petco Health and Wellness Company

Company NamePetco Health and Wellness Company
Establishment Year1965
HeadquarterSan Diego, California, United States
Official WebsiteClick here

Industry-leading pet specialty retailer offering a wide range of products, grooming, training, and veterinary services under a holistic pet wellness approach.

2.PetSmart LLC

Company NamePetSmart LLC
Establishment Year1986
HeadquarterPhoenix, Arizona, United States
Official WebsiteClick here

Largest pet specialty retailer in North America providing food, supplies, services, and in-store adoption events through partnerships with animal welfare organizations.

3.Chewy, Inc.

Company NameChewy, Inc.
Establishment Year2011
HeadquarterPlantation, Florida, United States
Official WebsiteClick here

E-commerce leader in pet retail offering an extensive assortment of pet products, subscription delivery services, and 24/7 customer support.

4.Walmart Inc. (Pet Care Division)

Company NameWalmart Inc. (Pet Care Division)
Establishment Year1962
HeadquarterBentonville, Arkansas, United States
Official WebsiteClick here

Global retail giant offering affordable pet food, accessories, and healthcare products through both in-store and online channels.

5.Amazon.com, Inc. (Pet Supplies Division)

Company NameAmazon.com, Inc. (Pet Supplies Division)
Establishment Year1994
HeadquarterSeattle, Washington, United States
Official WebsiteClick here

E-commerce powerhouse providing an extensive selection of pet products with fast delivery options and personalized recommendations.

6.Pets at Home Group Plc

Company NamePets at Home Group Plc
Establishment Year1991
HeadquarterHandforth, England, United Kingdom
Official WebsiteClick here

Leading UK-based pet retailer offering products, grooming, veterinary services, and pet adoption facilities through an integrated retail model.

7.Central Garden & Pet Company

Company NameCentral Garden & Pet Company
Establishment Year1955
HeadquarterWalnut Creek, California, United States
Official WebsiteClick here

Diversified pet and garden products company supplying pet food, treats, and accessories across multiple retail and online platforms.

How big is the Pet Retail Market ; FAQ's

The Pet Retail Market was projected to be valued at approximately USD 29.3 billion in 2024 and reach around USD 32.1 billion by 2031.
The Pet Retail market is expected to grow at a CAGR of 5.7% during the forecast period.
Key trends include premiumization, sustainability, experiential retail formats, e-commerce growth, and integration of pet tech in products and services.
The Pet Retail market is driven by increasing pet ownership, higher spending on premium products, growth of online sales channels, and demand for personalized pet care solutions.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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