Market Size of Canada Kitchen Appliances Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 2.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Kitchen Appliances Market Analysis
The Canadian kitchen appliances market is growing due to the housing market growth trend in the country, as newer housing units support the need for the new kitchen and laundry appliances. Finding a place on the property ladder is becoming a distant dream for many consumers in the country, and rising house prices and mortgage rates are presenting barriers to the growth of these appliances. Consumers are also observing a very significant unit price rises on major appliances, due to the tariffs imposed by the Canadian government on imported goods from the United States. Retailers are reporting only single-digit price increases, as price-conscious Canadians are postponing kitchen renovations.
