The Dark Side of the Pet Industry's Boom The pet industry has long been touted as a recession proof sector, with sales growing steadily over the years.
However, recent Chapter 11 bankruptcy filings by two Pet Supplies Plus franchisees in Texas and Florida have raised questions about the sustainability of the industry's growth.
According to the American Pet Products Association (APPA), the pet industry's sales rose to $158 billion in 2025, with projections for further growth in 2026.