Leading pet stores in the U.S. based on market share 2023

PetSmart Inc., the American retail chain, accounted for almost a third of the pet store market, based on revenue in 2023. The pet store market is highly concentrated in the United States, with the two leading players, PetSmart and PETCO Animal Supplies, accounting for almost 40 percent of the total market revenue that year.

PetSmart origins

PetSmart, originally named PetFood Warehouse, was founded in 1986 when two stores were opened in Phoenix, Arizona. The company continued to grow and went public in 1993. In the 2021/22 fiscal year, PetSmart’s revenue reached close to 6.7 billion U.S. dollars.

Online pet retail

With the growth of the e-commerce market, came greater online sales numbers, a shift that is also visible in the household and pet care market. In 2020, around a fifth of all household and pet care sales worldwide were made online, which is double the share seen five years earlier. By 2025, nearly a third of this category’s sales are projected to be e-commerce sales. To buy pet products specifically, the most common e-commerce websites used by U.S. consumers were Amazon.com, Walmart.com, and Chewy.com.