Garden Centres & Pet Shops in the UK - Industry Market Research Report

Garden Centres & Pet Shops in the UK - Industry Market Research Report

Garden Centres & Pet Shops in the UK

Over the five years through 2022-23, the Garden Centres and Pet Shops industry's revenue is expected to grow at a compound annual rate of 4% to reach £7.1 billion. In 2023-24, revenue is slated to expand by 0.3%. Pet ownership picked up after the COVID-19 outbreak, but as people return to work and the cost-of-living crisis constrains disposable income, more pets are being put up for adoption, hurting demand for pet supplies. More people are also choosing to use adoption centres, limiting revenue from pet sales for retailers. However, the continuation of hybrid working allowing younger working adults to spend more time at home than before the pandemic is propping up pet ownership. Garden centres are set to experience a decline in plant and gardening tool sales as consumers have less time to garden due to rising working hours.

Companies in this industry sell flowers, garden supplies, pets, pet food and other pet supplies directly to the public. Sales of garden furniture and equipment and the operation of restaurants and cafes are not included. Pet-related services such as grooming and veterinary care are also not included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.