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Luxury Goods in Canada

Publisher Euromonitor International
Published Oct 20, 2025
Length 47 Pages
SKU # EP20503480

Description

In 2025, luxury goods in Canada demonstrated robust retail current value growth of 5%, continuing the steady expansion that began in 2021. However, this growth was tempered by macroeconomic challenges, including a rising cost of living that constrained discretionary spending. Some middle-income consumers exhibited caution amid economic uncertainty, adopting more conservative purchasing behaviours. Despite these headwinds, premium and luxury cars, which represents the largest category by value sa...

Euromonitor International's Luxury Goods in Canada report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2029 illustrate how the market is set to change

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report??
* Get a detailed picture of the Luxury Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

47 Pages
Luxury Goods in Canada
Euromonitor International
October 2025
List Of Contents And Tables
LUXURY GOODS IN CANADA
EXECUTIVE SUMMARY
Luxury goods in 2025: The big picture
2025 key trends
Competitive landscape
Retail developments
What next for luxury goods?
MARKET DATA
Table 1 Sales of Luxury Goods by Category: Value 2020-2025
Table 2 Sales of Luxury Goods by Category: % Value Growth 2020-2025
Table 3 Inbound Receipts for Luxury Goods by Country of Origin: Value 2020-2025
Table 4 NBO Company Shares of Luxury Goods: % Value 2020-2024
Table 5 LBN Brand Shares of Luxury Goods: % Value 2021-2024
Table 6 Distribution of Luxury Goods by Format and Category: % Value 2025
Table 7 Forecast Sales of Luxury Goods by Category: Value 2025-2030
Table 8 Forecast Sales of Luxury Goods by Category: % Value Growth 2025-2030
DISCLAIMER
SOURCES
Summary 1 Research Sources
EXPERIENTIAL LUXURY IN CANADA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Wealthy consumers drive growth in experiential luxury, especially luxury hotels
Luxury hotels and foodservice drive growth through innovation
Growing demand for personalised luxury experiences contributes to growth
PROSPECTS AND OPPORTUNITIES
Rise of travel set to contribute to a positive performance for experiential luxury
New openings of luxury hotels expected, with the prioritisation of wellness, cultural heritage and eco-consciousness
Luxury hotels anticipated to adopt eco-friendly practices for sustainable tourism
CATEGORY DATA
Table 9 Sales of Experiential Luxury by Category: Value 2020-2025
Table 10 Sales of Experiential Luxury by Category: % Value Growth 2020-2025
Table 11 NBO Company Shares of Experiential Luxury: % Value 2020-2024
Table 12 LBN Brand Shares of Experiential Luxury: % Value 2021-2024
Table 13 Forecast Sales of Experiential Luxury by Category: Value 2025-2030
Table 14 Forecast Sales of Experiential Luxury by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
FINE WINES/CHAMPAGNE AND SPIRITS IN CANADA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Luxury spirits drives growth, but fine wines maintains its dominance
Fine wines/champagne and spirits competitive landscape remains highly fragmented
Younger adult demographic has an impact, while e-commerce ensures accessibility
PROSPECTS AND OPPORTUNITIES
Growing demand for quality, and craft beverages anticipated to drive growth
Luxury brands will adapt to the sustainability trend and adopt technological innovation
Retail expansion and home drinking trend set to drive off-trade growth
CATEGORY DATA
Table 15 Sales of Fine Wines/Champagne and Spirits by Category: Value 2020-2025
Table 16 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2020-2025
Table 17 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2020-2024
Table 18 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2021-2024
Table 19 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2020-2025
Table 20 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2025-2030
Table 21 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
PREMIUM AND LUXURY CARS IN CANADA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Premium and luxury car brands drive growth through electrification and premium services
Buyers drive demand for advanced technological features
Luxury car brands thrive on innovation and sustainability
PROSPECTS AND OPPORTUNITIES
Growing desire for sustainability set to drive demand for electric premium and luxury cars
Premium and luxury car brands expected to drive electrification
Luxury car manufacturers to prioritise connectivity and safety alongside customisation and sustainability
CATEGORY DATA
Table 22 Sales of Premium and Luxury Cars: Value 2020-2025
Table 23 Sales of Premium and Luxury Cars: % Value Growth 2020-2025
Table 24 NBO Company Shares of Premium and Luxury Cars: % Value 2020-2024
Table 25 LBN Brand Shares of Premium and Luxury Cars: % Value 2021-2024
Table 26 Forecast Sales of Premium and Luxury Cars: Value 2025-2030
Table 27 Forecast Sales of Premium and Luxury Cars: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
PERSONAL LUXURY IN CANADA
KEY DATA FINDINGS
2025 DEVELOPMENTS
Designer apparel and footwear (ready-to-wear)
Luxury eyewear
Luxury jewellery
Luxury leather goods
Luxury wearables electronics
Luxury timepieces
Luxury writing instruments and stationery
Super premium beauty and personal care
PROSPECTS AND OPPORTUNITIES
Sustainable practices expected to contribute to growth in personal luxury
Luxury brands prioritise transparency and consumer engagement initiatives
Luxury retailers will continue to adapt to evolving consumer shopping preferences
CATEGORY DATA
Table 28 Sales of Personal Luxury by Category: Value 2020-2025
Table 29 Sales of Personal Luxury by Category: % Value Growth 2020-2025
Table 30 NBO Company Shares of Personal Luxury: % Value 2020-2024
Table 31 LBN Brand Shares of Personal Luxury: % Value 2021-2024
Table 32 Distribution of Personal Luxury by Format: % Value 2020-2025
Table 33 Forecast Sales of Personal Luxury by Category: Value 2025-2030
Table 34 Forecast Sales of Personal Luxury by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER

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