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Home Retailing in Canada, Market Shares, Summary and Forecasts to 2022

Published By :

GlobalData

Published Date : Dec 2018

Category :

Retail

No. of Pages : 49 Pages

Home Retailing in Canada, Market Shares, Summary and Forecasts to 2022

Summary

"Home Retailing in Canada, Market Shares, Summary and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Canada retail environment. In addition, it analyzes the key consumer trends influencing Canada home industry.

The home sector is forecast to register improved growth between 2017 and 2022 when compared to 2012 and 2017. Sales are forecast to grow at a CAGR of 4.0% over the next five years to reach C$71.7 billion by the end of 2022. Growth in the sector will be mainly driven by an improving housing market, increasing urban population, and immigrants.

What else does this report offer?

- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in home category group with their product proposition analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in home sector
- Qualitative and quantitative insights of changing retail dynamics in home sector.

Scope

- Canada retail market is forecasted to grow at a CAGR of 3.9% during 2017-2022
- Home sector to grow at an enhanced CAGR during 2017-2022
- Furniture & floor coverings to register steady growth between 2017 and 2022
- Home improvement & gardening products is the largest category within the home sector
- Homewares category growth to improve over 2017-2022
- Specialist retailers will remain the dominant channel through to 2022
- Online sales are set to grow steadily during 2017-2022
- The top 10 retailers accounted for 50.9% of overall sales in 2017
- The addition of 26 stores aided Sleep Country Canadas sales growth in 2017.

Reasons to buy

- Gain a comprehensive knowledge on home sector in the Canada retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in home category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the home market
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the home market
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Analysis of key international and domestic players operating in Canada retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.
Table of Contents
Key Findings
The State of the Nation
The State of Retail
Home
Definitions
Methodology

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