The recession caused significant problems for operators in the Garden Centres and Pet Shops industry because its products are largely discretionary. This meant industry revenue reached historic lows at the start of the five years through 2015-16, meaning revenue was particularly low in the base year. Hence, industry revenue is estimated to rise at a compound annual rate of 5% over the period. People's concern for their pets and desire to treat them as members of the family have stimulated spending. Garden centres have also performed fairly well, although they have struggled to deal with the sharp revenue drops caused by prolonged periods of bad weather.
Operators in the 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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.