Retailing in Canada, Market Shares, Summary and Forecasts to 2021
Retailing in Canada, Market Shares, Summary and Forecasts to 2021, provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Canadian retail environment. In addition, it analyzes the key consumer trends influencing Canada retail industry.
Canadian retail industry is forecast to grow from C$344.9 billion in 2016 to C$405 billion in 2021 at a CAGR of 3.3% during 2016-2021. The economy will also benefit from the growing working-age immigrant population. These consumers are purchasing retail products as they establish themselves in Canadian society.
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 (covering 26 product categories),
- The report also details major retailers in each category group with their product proposition analysis and market positioning in 2016 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, which include Clothing, Footwear, Books, News and Stationery, Electrical and Electronics, Food and Grocery, Health and Beauty, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, Sports and Leisure Equipment, Jewelry, Watches and Accessories, and Luggage and Leather Goods
- Qualitative and quantitative insights of changing retail dynamics across various channels
Reasons to buy
- Canadian retail sector is forecast to grow at a CAGR of 3.3% between 2016 and 2021 to reach CAD 405.0bn.
- Electricals and Clothing & Footwear sectors lead growth through 2021
- Online will be the fastest-growing channel through 2021
- Digitization affected sales of music, video, books, stationery specialists
- Food & Grocery is the largest sector
- The online channel is registering sales of CAD2.5 billion in 2016, and is expected to grow at a CAGR of 13.6% during 2016-2021.
- Canadian consumers are highly value-driven
- Private labels are increasingly competing with reputed brands
- Gain comprehensive knowledge on 26 product categories in Canadian retail market and develop a competitive advantage around consumer behavior trends from the start of your supply chain
- 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, and key consumer and technology trends influencing the retail market
- Investigate current and forecast behavior trends in each category to identify the best opportunities to exploit
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2011, with forecasts until 2021
- Analysis of key international and domestic players operating in Canadian retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.
- Key Findings
- The State of the Nation
- The State of Retail
- Clothing & Footwear
- Food & Grocery
- Health & Beauty