LAIKA Re-enters Mexican Market with Hybrid E-commerce and 10 Stores to Target $5.6B Pet Sector

LAIKA resumed its operations in Mexico in December 2023 after a pause, adopting a hybrid model with online sales and plans to open 10 physical stores by year-end. This move comes as the Mexican pet care market is expanding and valued at approximately $5.6 billion, with LAIKA recovering 70% of its sales post-return. The company aims to compete with established retailers like Petco and Maskota while leveraging market growth projected to reach 8,492.3 million pesos by 2034.