The rise in disposable income of people has enhanced the sales of pets and pet products across both developing and developed countries. The pet sales have witnessed a growth by more than 6% in the past year, say the analysts at Research N Reports.
The key trends that are shaping the future of the market are as follows.
Brick-and-mortar pet retailers are on the defense prescribing their struggle to keep up with the reign of e-commerce business. Due to a large array of products available online and the features of auto-replenishments have surprised the buyers to increasingly gravitated to internet retailers. In the U.S. PetSmart, Petco, and Walmart have played a smart role in creating their legacy as they have also moved to online products delivery just the same way Amazon dominated the packaging and retailing industry. Big-Box pet stores are striving to top Walmart’s sales by bringing in more pet-care services and is expanding their resources. Smart devices are also a key weapon that caters to the pet care demands at the ease of a few clicks. These smart devices have eliminated the stress for busy pet owners and to better care for the needs of dogs and cats, as veterinary services are moving towards digital advancement of Internet-based solutions and applications designed to assist pet owners and veterinary care providers.
Take the first step towards protecting your four-legged friend.