PetSmart Inc. - Statistics & Facts

Since 1994 pet industry expenditure in the United States has experienced strong growth, amounting to approximately 72.13 billion U.S. dollars in 2018, showing that more and more Americans are choosing to pamper their pets. There are dozens of pet supply chains in America, but one rises above the flock. The first PetSmart opened its doors in Phoenix, Arizona in 1986 and the chain has since expanded to 1,656 locations as of 2019, more than any other North American pet specialty chain. PetSmart was also listed among the top selling retailers in the United States in 2017.

PetSmart took up a 27.3 percent share of market revenue in 2018, a larger proportion than any other pet supply shop in the United States. One can find an enormous variety of toys, accessories, supplies, services, and clothing for pets, but the pet food segment generates the largest share of sales at PetSmart. In the United States, the average consumer spends approximately 205 U.S. dollars on pet food per year.

The online pet care market has shown enormous growth, with the e-commerce pet care sales increasing by 3.4 billion U.S. dollars. PetSmart is ranked as one of the fastest-growing e-retailers in the United States, nearly doubling its sales between 2016 and 2017. A 2017 survey reported that 29 percent of U.S. consumers who purchased pet products online used

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