Amazon Private Label Disrupting Pet Hard Goods Players
In recent years, there has been a noticeable shift from traditional brick-and-mortar shopping to a preference for online retail among consumers. The pet industry seems to be following suit and embracing the digital shift. This trend is supported by the market share that Amazon has gained in this sector.
Within the pet supplies market holistically, Amazon is gaining share amongst competing retailers such as Petco and Chewy. Metrics displayed below are for the Pet Supply category only, within each retailer.
Pet Supply Brands GMV Y/Y
Within Amazon specifically, pet hard goods companies like Petmate are being disrupted by Amazon’s 1P pet supplies business. Market share losses for Petmate to AmazonBasics are evident, particularly within the Pet Supplies category.
Monthly GMV Mix by Brand
YipitData’s US Brands product provides investors a streamlined view into the performance of over +50,000 brands and +400 companies across several industries.
If you have any questions or would like to schedule a call to discuss the coverage of our US Brands product, please contact us using the form below.