In the Canadian non-store retailing sector, sales of pet food, supplies, and accessories are forecasted to grow steadily from 2024 to 2028. Starting at $166.75 million in 2024, the sales are expected to reach $197.99 million by 2028. The Compound Annual Growth Rate (CAGR) over these five years is anticipated to reflect robust growth, indicating a strong upward trend. Between 2024 and 2025, sales grow by approximately 4.82%, with nearly uniform increments over the ensuing years, marking steady expansion in the market.
Future trends to watch for include:
- Increasing consumer preferences for convenient online shopping experiences.
- A rise in the adoption of subscription-based delivery models for pet supplies.
- Expansion of eco-friendly and sustainable pet product ranges.
