Direct Selling Companies in Canada - Industry Market Research Report
Description
Direct Selling Companies in Canada
Direct selling companies have grown in recent years because of overall economic growth. Rising consumer spending, disposable income levels, consumer confidence and internet connectivity have served to contribute to industry expansion. The spread of COVID-19 benefited direct selling companies as it became easier to connect with consumers and businesses with more leisure time. Revenue is expected to climb at a CAGR of 3.4% to $5.0 billion through the end of 2023, including growth of 1.8% in 2023 alone when profit will account for 21.0% of revenue.
Operators in the Direct Selling Companies industry in Canada sell a product or service from person to person, away from a fixed retail location. Retailers in the industry are known as independent consultants, distributors or representatives. Sales are usually made at home parties and workplaces, in street-corner carts or by door-to-door marketing. However, direct sellers of either fuel or food for immediate consumption are excluded from this industry.
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.
Direct selling companies have grown in recent years because of overall economic growth. Rising consumer spending, disposable income levels, consumer confidence and internet connectivity have served to contribute to industry expansion. The spread of COVID-19 benefited direct selling companies as it became easier to connect with consumers and businesses with more leisure time. Revenue is expected to climb at a CAGR of 3.4% to $5.0 billion through the end of 2023, including growth of 1.8% in 2023 alone when profit will account for 21.0% of revenue.
Operators in the Direct Selling Companies industry in Canada sell a product or service from person to person, away from a fixed retail location. Retailers in the industry are known as independent consultants, distributors or representatives. Sales are usually made at home parties and workplaces, in street-corner carts or by door-to-door marketing. However, direct sellers of either fuel or food for immediate consumption are excluded from this industry.
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.
Table of Contents
38 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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