TV & Appliance Wholesaling in Canada - Industry Market Research Report
Description
TV & Appliance Wholesaling in Canada
TV and appliance wholesalers in Canada have benefited from consistent spending from downstream markets, a trend that has continued despite the global disruptions triggered by the COVID-19 pandemic. As lockdown measures pushed more people to spend time at home, many undertook home renovations and boosted the usage of their appliances – driving up wholesalers' sales. Despite global supply chain disruptions, the higher sales volume offset the impact of elevated supply chain expenses on profit. But, increasing interest rates and looming recession fears are straining demand for new appliances and TVs in 2023. While sales haven't completely contracted for a sector typically sensitive to interest rate changes, key downstream markets like retailers and wholesalers will cut TV and appliance orders from the industry. In all, revenue has been expanding at a CAGR of 0.4% over the past five years and is expected to reach $12.8 billion in 2023. This includes an expected drop of 1.3% in 2023.
The Canadian TV and Appliance Wholesaling industry wholesales a range of electric household appliances, such as refrigerators and washing machines and consumer electronics, such as TVs, DVD players and stereo systems. Goods are purchased from domestic and international manufacturers and then sold to mass merchandisers, department stores, home improvement stores and other appliance retailers.
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.
TV and appliance wholesalers in Canada have benefited from consistent spending from downstream markets, a trend that has continued despite the global disruptions triggered by the COVID-19 pandemic. As lockdown measures pushed more people to spend time at home, many undertook home renovations and boosted the usage of their appliances – driving up wholesalers' sales. Despite global supply chain disruptions, the higher sales volume offset the impact of elevated supply chain expenses on profit. But, increasing interest rates and looming recession fears are straining demand for new appliances and TVs in 2023. While sales haven't completely contracted for a sector typically sensitive to interest rate changes, key downstream markets like retailers and wholesalers will cut TV and appliance orders from the industry. In all, revenue has been expanding at a CAGR of 0.4% over the past five years and is expected to reach $12.8 billion in 2023. This includes an expected drop of 1.3% in 2023.
The Canadian TV and Appliance Wholesaling industry wholesales a range of electric household appliances, such as refrigerators and washing machines and consumer electronics, such as TVs, DVD players and stereo systems. Goods are purchased from domestic and international manufacturers and then sold to mass merchandisers, department stores, home improvement stores and other appliance retailers.
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
41 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
Search Inside Report
Pricing
Currency Rates
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