Canada Kitchen Appliances Market Size
| 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 |
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.
Canada Kitchen Appliances Market Trends
This section covers the major market trends shaping the Canada Kitchen Appliances Market according to our research experts:
Modular and Built-in Kitchen Appliances is Driving the Growth
The concept of including modular kitchen can be mainly due to the income level growth of the people in the country. Disposable incomes are on the rise, while mortgage borrowing reached its lowest level in almost four years, in early 2018. Higher disposable income levels and growing urbanization are paving the way for multifunctional, connected appliances, due to which consumers are transforming their kitchen into a place for cooking, as well as technology, nutrition, and sustainability.
Online Channel Grows into a Key Sales Partner
E-commerce stores are the fastest growing channel in Canada, as the Canadians are among the highest internet users in the world. They mostly depend on the internet to place orders. For the past decade, online sales have increased at a much higher rate than the traditional retail sales. Most Canadian retail firms have adopted wireless technologies and internet-based systems, to improve the business-to-business and business-to-consumer relations. Manufacturing firms and government organizations are also likely to use internet for purchases, especially for small routine orders.
Canada Kitchen Appliances Industry Overview
The market is fragmented, with many international companies hiving a huge presence in the market. Whirlpool Corporation has recently started to work toward building smart refrigerators, while Electrolux AB had begun to invest in the region, due to the growth in the sales. Moreover, GE plans to become the leading player in the appliances sector.
Canada Kitchen Appliances Market Leaders
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LG Electronics Inc.
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Panasonic Corporation
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Electrolux AB
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Samsung Electronics Co. Ltd
*Disclaimer: Major Players sorted in no particular order
Canada Kitchen Appliances Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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2.1 Analysis Methodology
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2.2 Research Phases
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS AND INSIGHTS
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4.1 Current Market Scenario
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4.2 Market Dynamics
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4.2.1 Drivers
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4.2.2 Restraints
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4.2.3 Opportunities
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
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4.4 Value Chain/Supply Chain Analysis
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4.5 Industry Policies and Regulations
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4.6 Insights on the Differences in the Consumption Patterns of Electrical vs. Traditional Kitchen Appliances
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4.7 Technological Integration in the Usage of Kitchen Appliances
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4.8 Advertising Strategies Implemented by the Market Players
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4.9 Insights on the Innovative Strategies in the Distribution of Kitchen Appliances
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5. MARKET SEGMENTATION
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5.1 By Product type
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5.1.1 Food Preparation Appliances
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5.1.2 Small Cooking Appliances
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5.1.3 Large Kitchen Appliances
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5.1.4 Other Kitchen Appliances
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5.2 By Distribution Channel
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5.2.1 Specialist Retailers
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5.2.2 E-commerce Stores
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5.2.3 Supermarkets/Hypermarkets
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5.2.4 Department Stores
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5.2.5 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Market Concentration Overview
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6.2 Company Profiles
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6.2.1 LG Electronics Inc.
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6.2.2 Panasonic Corporation
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6.2.3 Electrolux AB
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6.2.4 Samsung Electronics Co. Ltd
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6.2.5 Whirlpool Corporation
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6.2.6 Morphy Richards
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6.2.7 Koninklijke Philips NV
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7. INVESTMENT ANALYSIS
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7.1 Recent Mergers and Acquisitions
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8. FUTURE OF THE CANADA KITCHEN APPLIANCES MARKET
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9. DISCLAIMER
Canada Kitchen Appliances Industry Segmentation
A complete background analysis of the Canadian kitchen appliances market, which includes an assessment of the national accounts, economy, and emerging market trends by segments, significant changes in the market dynamics, and market overview in the report.
| By Product type | |
| Food Preparation Appliances | |
| Small Cooking Appliances | |
| Large Kitchen Appliances | |
| Other Kitchen Appliances |
| By Distribution Channel | |
| Specialist Retailers | |
| E-commerce Stores | |
| Supermarkets/Hypermarkets | |
| Department Stores | |
| Other Distribution Channels |
Canada Kitchen Appliances Market Research FAQs
What is the current Canada Kitchen Appliances Market size?
The Canada Kitchen Appliances Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in Canada Kitchen Appliances Market?
LG Electronics Inc., Panasonic Corporation, Electrolux AB and Samsung Electronics Co. Ltd are the major companies operating in the Canada Kitchen Appliances Market.
What years does this Canada Kitchen Appliances Market cover?
The report covers the Canada Kitchen Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Canada Kitchen Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canada Kitchen Appliances Industry Report
Statistics for the 2024 Canada Kitchen Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Kitchen Appliances analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
