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Canada: Home - Market Shares, Summary & Forecasts to 2023

Canada: Home - Market Shares, Summary & Forecasts to 2023

  • November 2019
  • 49 pages
  • ID: 5862764
  • Format: PDF
  • GlobalData
Up to $900 off Until Oct 10th 2020

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Canada: Home - Market Shares, Summary & Forecasts to 2023

Summary
Canada: Home - Market Shares Summary Forecasts to 2023 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

Home sector sales are forecast to reach C$73.2 billion in 2023 at a CAGR of 3.6% (outperforming total retail and the other core sectors) from C$61.4 billion in 2018. Sales in the sector will be driven by spending on home renovation and repairs

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
- Strong housing market and immigrants to drive sales in the sector
- Growth is slowing down as consumers are reluctant to buy big ticket purchases
- Strong growth in residential construction to drive growth
- Mass market retailers with appealing designs & wide range of products drive growth
- Online retail is taking share, but sector still dominated by home specialists

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

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