Canada Home Appliances Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The Canada Home Appliances Market is segmented by Major Appliances (Refrigerators, Freezers, Dishwashing Machines, Washing Machines, and Cookers and Ovens), Small Appliances (Vacuum Cleaners, Small Kitchen Appliances, Hair Clippers, Irons, Toasters, Grills and Roasters, Hair Dryers, and Other Small Appliances), and Distribution Channel (Multi-brand Stores​, Exclusive Stores​, Online​, Other Distribution Channels​).

Canada Home Appliances Industry Overview

Canada Home Appliances Market
Study Period: 2019 - 2028
CAGR: > 1.2 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Canada Home Appliances Market Analysis

Canadian home appliances market is recording growth numbers and is largely driven by the innovation in the appliances, As customer groups are getting younger, more preference is being given to the products that are energy-efficient and consume less electricity and water. The products with multi-utility, smart features, that look simple yet fashionable than the usual ones are gaining more significance and wide appreciation by consumers. Customers also preferring aesthetically pleasing colors that go well with their interiors and are Environment-friendly owing to an increasing focus on initiatives to control carbon footprint by both the government and buyers. The replacement sales, which are usually high in the region, are driven by the products with enhancing quality standards, less power consumption, and or limited harmful emissions, and technology advancements. A rise in demand for smart appliances, which are connectable, wireless goods, and comes with ease of access is observed across the country. Appliances with invertor in-built or rechargeable features are recording an increase in the total number of units sold. The e-commerce penetration is also scoring a good number of sales over the past years, owing to the convenience and delivery facilities that online shopping holds and the ease of selection by allowing consumers to compare two or more brands, their features, prices, etc.

Canada Home Appliances Industry Segments

A complete background analysis of the Canadian home appliances market includes an assessment of the industry associations, overall economy, and emerging market trends by segments, significant changes in the market dynamics, and market overview.

Major Appliances
Refrigerators
Freezers
Dishwashing Machines
Washing Machines
Cookers and Ovens
Small Appliances
Vacuum Cleaners
Small Kitchen Appliances
Hair Clippers
Irons
Toasters
Grills and Roasters
Hair Dryers
Other Small Appliances
By Distribution Channel
Multi-brand Stores
Exclusive Stores
Online
Other Distribution Channels

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Canada Home Appliances Market Trends

This section covers the major market trends shaping the Canada Home Appliances Market according to our research experts:

Small Home Appliances are Dominating the Sales Volume of the Market

Small home appliances, like vacuum cleaners, coffee makers, toasters, hairdryers, curlers, kettles, steam units, fryers, are less affected by the imbalanced financial situation when compared to large appliances, like refrigerators, washing machines, dryers, freezers, dishwashers, and microwave ovens. The market for these small home appliances is expected to increase, owing to the factors, like affordable prices, followed by their less presence rate in the market, the improving innovation, automation they hold, and the perfection they bring in the job. These products are easing people’s life by taking off a huge load off the working population (around 66.12%), which comforts consumers by minimizing the time they spend on the respective tasks. Multi-utility appliances are catching the attention of consumers than the regular appliances, which holds limited utility.

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Multi-Utility and Technically Advanced Appliances Grabbing a Higher Portion of the Market Share

The rise in the disposable income and the increasing urbanization are paving a way for multifunctional, technologically advanced, smart and connected appliances, as consumers prefer to transform their homes into such a place where they can monitor their appliances, even when they are away from them. The appliances that can be operated through different types of connectivity have been gaining popularity from the past few years, and this trend is expected to continue in the forecasted period as well.

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Canada Home Appliances Market Competitor Analysis

The report covers major international players operating in the Canadian home appliances market. The country holds a moderate scope for newcomers to enter. However, by providing higher qualitative small appliances, the new players can target the market. By offering a complete innovation in the products offered, the existing players can bring a great change in their market share.

Canada Home Appliances Market Top Players

  1. Whirlpool Corporation

  2. Electrolux AB

  3. Samsung Electronics

  4. Panasonic Corporation

  5. LG Electronics

*Disclaimer: Major Players sorted in no particular order

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Canada Home Appliances Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS AND DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Market Opportunities

    5. 4.5 Supply Chain/ Value Chain Analysis

    6. 4.6 Porter's Five Forces Analysis

    7. 4.7 Technology Innovations in the Industry

    8. 4.8 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 Major Appliances

      1. 5.1.1 Refrigerators

      2. 5.1.2 Freezers

      3. 5.1.3 Dishwashing Machines

      4. 5.1.4 Washing Machines

      5. 5.1.5 Cookers and Ovens

    2. 5.2 Small Appliances

      1. 5.2.1 Vacuum Cleaners

      2. 5.2.2 Small Kitchen Appliances

      3. 5.2.3 Hair Clippers

      4. 5.2.4 Irons

      5. 5.2.5 Toasters

      6. 5.2.6 Grills and Roasters

      7. 5.2.7 Hair Dryers

      8. 5.2.8 Other Small Appliances

    3. 5.3 By Distribution Channel

      1. 5.3.1 Multi-brand Stores

      2. 5.3.2 Exclusive Stores

      3. 5.3.3 Online

      4. 5.3.4 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Whirlpool Corporation​

      2. 6.1.2 Electrolux AB​

      3. 6.1.3 LG Electronics​

      4. 6.1.4 Samsung Electronics

      5. 6.1.5 Panasonic Corporation​

      6. 6.1.6 Haier Electronics Group Co. Ltd​

      7. 6.1.7 Robert Bosch GmbH​

      8. 6.1.8 Viking Range, LLC​

      9. 6.1.9 Kenmore

      10. 6.1.10 Other Companies (Danby, Hamilton Beach Brands Inc., and Black+Decker Inc.)*

    2. *List Not Exhaustive
  7. 7. FUTURE OF THE MARKET

  8. 8. APPENDIX

**Subject to Availability
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Canada Home Appliances Market Research FAQs

The Canada Home Appliances Market is studied from 2019 - 2028.

The Canada Home Appliances Market is growing at a CAGR of >1.2% over the next 5 years.

Whirlpool Corporation, Electrolux AB, Samsung Electronics, Panasonic Corporation, LG Electronics are the major companies operating in Canada Home Appliances Market.

Canada Home Appliances Industry Reports

In-depth industry statistics and market share insights of the Canada Home Appliances sector for 2020, 2021, and 2022. The Canada Home Appliances research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Canada Home Appliances report PDF.

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