Pet Shops in Haugesund: An Analysis of Companies, Statistics, and Outlooks

The pet shop industry in Haugesund is a stable but variable sector with 7 registered companies. In recent years, the industry has experienced both strong growth and challenges, with a total sales volume of 50.2 million NOK in 2024. There were 45 employees registered in 2024, indicating a gradual increase over time. The most notable companies include Buddy Raglamyr As, Petxl Haugesund, and Musti Haugesund, all of which have been operational since the mid-2010s. The industry is dominated by AS entities, with one unique organizational form, an ANS (Vestco Ans). There are no registered bankruptcies among the companies, suggesting a relatively stable industry structure.

Sales Development

The sales volume for pet shop companies in Haugesund has grown significantly in recent years, increasing from 17.1 million NOK in 2016 to 50.2 million NOK in 2024. The most significant increase occurred between 2020 and 2021 (+23.4%), and again between 2021 and 2022 (+51.7%). In 2025, a decline of 6.4% was recorded, which may be due to market fluctuations or competitive pressure.

Employee Numbers

The number of employees has grown from 20 in 2016 to 45 in 2024, with a final decline of 8.9% from 2024 to 2025. The most significant increase occurred between 2020 and 2021 (+33.3%), indicating increased activity in the industry post-pandemic.

Registered Companies

The following companies are registered in the pet shop industry in Haugesund:

Organizational Forms

All companies are registered as AS, except Vestco Ans, which is an ANS. AS entities dominate with 5 companies, indicating a standardized organizational form in the industry.

Distribution by Neighborhood

All 7 pet shop companies in Haugesund are registered in Haugesund-sentrum, with a focus on Longhammarvegen and the area around Raglamyr. There is no distribution to other neighborhoods within the municipality. This indicates that the industry is concentrated in central areas with high population density and good accessibility.

Bankruptcy Statistics

None of the 7 pet shop companies in Haugesund are registered as bankrupt, indicating a stable industry structure. No bankruptcies were registered between 2016 and 2025. This suggests that the companies have been able to manage economic challenges without needing to file for bankruptcy.

The pet shop industry in Haugesund presents both opportunities and challenges for new entrepreneurs. The strong growth between 2020–2022 (up to +51.7% in sales) indicates potential in market expansion, especially post-pandemic. However, the industry has experienced a decline of 6.4% in 2025, which may be due to increased competitive pressure or changes in consumer preferences.

For entrepreneurs, the following considerations are important:

• Concentration in central areas: New companies should consider locating in Haugesund-sentrum, where existing companies are based.
• Stable organizational environment: The absence of bankruptcies indicates a stable industry structure.
• Diversification: Petxl Haugesund and Musti Haugesund have shown that achieving high EBITDA margins (5–6%) is possible, which can be a key strategy for new companies.

SmartGrunder can help entrepreneurs find suitable addresses in Haugesund for this industry, based on data about population density, competitive landscape, and economic conditions.

The pet shop industry in Haugesund shows a mix of stability and growth. With 7 companies and a total sales volume of 50.2 million NOK in 2024, the industry is an important part of the local economy. In recent years, there has been significant growth, but a decline was also recorded in 2025. For entrepreneurs, it is important to consider both the opportunities in a growing market and the challenges related to competitive pressure and economic fluctuations. SmartGrunder can help find optimal addresses in Haugesund for this industry.