People most commonly get pets for companionship, to protect home or property, or because of the beauty of animals. The most common reasons for not owning a pet are lack of time, lack of suitable housing, and lack of ability to take care about the pet when traveling. Pet stores specialize on selling not only pets, but also pet food, supplies, and accessories. Average cost of a dog over its lifetime comes to about USD 15,500. Despite of crisis, pet parents continue to spend their dollars on quality necessities, such as food, leashes, and bedding, or low cost frivolities. High-end specialty pet stores are replaced with casual shopper. Currently average income from pet's products reaches $4 billions.
|