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Consumer Electronics Stores in Canada - Industry Market Research Report

Consumer Electronics Stores in Canada

The Consumer Electronics Stores industry in Canada has experienced poor performance over the five years to 2019. While rising per capita disposable income levels have provided improved economic conditions, competition from mass merchandisers and online retailers that offer goods at competitive prices has increasingly siphoned sales away from industry operators. Due to rising levels of competition, many industry operators have struggled to attract customers to their stores, as online merchants and mass merchandisers can traditionally offer a wider variety of products at lower prices. As a result, industry profit margins have fallen over the past five years. Over the five years to 2024, the industry is forecast to continue its long-term decline. With consumer spending forecast to slow and rising interest rates and high levels of household debt constraining consumer conditions, competition between industry operators and external companies will increase.

This industry retails a range of appliances, electrical goods and home entertainment products, such as dishwashers, TVs and computers. Industry operators purchase goods from manufacturers or wholesalers, which are then sold to the general public in stores or online. New purchases dominate the market, but many stores also offer repair services, while some sell used goods.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Per capita disposable income
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major Players
    • Table Best Buy Canada Ltd. (industry-relevant operations) –financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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