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Furniture & Furnishings Wholesaling in Canada - Industry Market Research Report

Publisher IBISWorld
Published Apr 26, 2024
Length 75 Pages
SKU # IBSS18860070

Description

Furniture & Furnishings Wholesaling in Canada - Industry Market Research Report


Furniture & Furnishings Wholesaling in Canada

Furniture and furnishing wholesaling in Canada has expanded slightly following volatile economic conditions. Before the pandemic, revenue fell as wholesalers lost ground to vertically integrated manufacturers. During the pandemic, an uptick in housing starts and residential construction paved the way for a rising need to purchase household furniture. Consumers were also bored at home because of health and safety restrictions, which led them to take up various home improvement projects and renovations. As the effects of the pandemic waned, office and business furniture rebounded from pandemic lows as people returned to the office and corporations aimed to make upgrades in the workplace. Revenue is expected to grow at a CAGR of 0.7% to $5.0 billion over the five years, including a decrease of 3.7% in 2023 alone, when profit will contract to 3.7%.

The Furniture and Furnishings Wholesaling industry in Canada wholesales a broad range of furniture for homes, such as bed frames and sofas. Wholesalers purchase goods from domestic and international manufacturers and sell them to department stores, furniture shops and other businesses.

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

75 Pages
TABLE OF CONTENTS

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

Pricing

Currency Rates
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