The Development Trend of Pet Supplies Wholesale Channels

When it comes to pet supplies wholesale channels, pet stores used to source their products from local wholesale markets. However, over the past decade, the glory of these markets has faded, and many newly opened stalls have closed down. The primary reason for this shift is that the battle has moved online, with a strong focus on B2B business models. Faced with the challenges of the pandemic and the downturn in the market economy, many businesses have turned to online platforms to source pet supplies, in order to control costs and cope with fierce price competition.

In the past, many businesses in the pet supplies market didn't sell products to individual customers; they only focused on wholesale. However, fewer people are now visiting these markets for wholesale purchases, and due to the higher costs of operating physical stores compared to online sales, the profitability has been shrinking. In recent years, rising rent costs have further squeezed margins. Looking back at events like the annual Double 11 shopping festival, e-commerce sales have consistently broken records, showing that we are clearly in an e-commerce era. Online shopping has profoundly impacted consumer behavior, which is why many offline wholesale markets have also opened online stores, increasing competition even more. In this environment, supply chain companies in regions like Dongguan, Guangdong, and the Jiangsu-Zhejiang area have gained a competitive edge in terms of cost advantages. If you’re interested in learning more about the pet supplies industry, feel free to follow us!