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Household Pet Products and Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Household Pet Products and Services Market Research Report | ANZSIC X0011 | Dec 2012

Pampered pets: Owners are spending more on treatments and grooming of pets

IBISWorld’s Household Pet Products and Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 08-13
0.9%
Annual Growth 13-18
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Profit
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Employment
33,859
Businesses
7,188
Industry Analysis & Industry Trends

It is widely accepted that pets are beneficial to their owners. From providing simple companionship and curing loneliness to being a means of social interaction, pets have become an integral part of the lives of many owners. Over 60% of households own a pet, with over 50% owning either a dog or a cat. Over the past five years, owners have become more concerned about the health of their pets, spending extra on preventive and elective veterinary services. At the same time, they have been able to pamper their pets due to rising wealth and disposable income. IBISWorld expects that over the five years through 2012-13, revenue of the Household Pet Products and Services industry increased 0.9% annually to $5.57 billion... purchase to read more

Industry Report - Starting a New Business Chapter

In general, barriers to entry are medium within the industry but they vary from segment to segment. Veterinary practices typically have relatively higher barriers due to the cost of establishing a practice. Veterinary products, specialist medical equipment and medicine amount to a significant sum. However, demand for vet services has been rising over the past five years. This has led to an increase in revenue per company, thereby reducing average costs. In other words, cost barriers are declining.

Pet care companies and pet stores have lower barriers to entry as they do not typically have high setup costs. However, specialist pet food for example may be more costly to stock and more difficult to source, as they are not as common... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Household Pet Products and Services Industry?

Companies in this industry sell pets, pet products and provide pet services. The most common pets include dogs, cats, fish and rabbits. Pet stores sell a wide range of products and accessories, including pet food, collars, litter boxes and kennels. Businesses also provide a number of pet services, ranging from veterinary to grooming and insurance services.

Industry Products
Processed pet foodNon-processed pet foodVeterinary servicesPet products and accessoriesPetsPet care
 
Industry Activities
Pet retailingPet food retailingPet products and accessories retailingVeterinary services provisionPet care services provision


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