Canada Online Retail Market Prospects Reviewed in In-demand Conlumino Report Published at MarketPublishers.com10 Mar 2016 • by Natalie Aster
LONDON – Although Canada is seeing healthy development of its economy, along with robust economic integration with the USA, the country’s e-commerce market is still lagging well behind other developed countries worldwide. This is attributed to security concerns of customers, in tandem with dearth of clarity around shipping purchase volumes and returns, as a result of which local consumers are opting for physical shops as against online shopping.
Online retailing is a high potential marketplace versus traditional channels, and it is projected to register a 14% CAGR through to 2020. The growing Internet penetration rate is giving a boost to the emerging online shopping market. Electrical and electronics made up the dominant product group as of 2015, accounting for just under 43% of overall online retail sales, or around USD 2.87 billion.
In-demand research report “Consumer Attitudes and Online Retail Dynamics in Canada, 2015-2020” elaborated by Conlumino offers an in-depth assessment of the latest trends in online consumer shopping in Canada, exploring the factors propelling online shopping, providing unbiased consumer insights, investigating the market dynamics across 26 product categories, and giving reviews of the up-to-date best practices in online retail site design. The study provides an insightful analysis of the size and growth of the market, as well as covers the penetration of online sales by product groups, historical market development, and major factors, with forecast data, that are poised to drive the market in the offing.
Consumer Attitudes and Online Retail Dynamics in Canada, 2015-2020
Published: February, 2016
Price: US$ 1,450.00
Reasons to Buy:
- enhance market and strategic planning utilising extremely granular, forward-looking market data across 26 categories under 9 product groups;
- get an in-depth understanding of which products will be the key winners and losers in the online universe in the years to come;
- get a deep assessment of the latest trends in online retailing in Canada, identifying the factors fuelling online expenditure across the categories;
- learn from best practice approaches limelighted in the case studies of top online retailers by investigating their exclusive retailing attitudes and surveying innovative retailers, which gives insights and ideas to remain profitable and competitive.
More reports by this publisher can be found at Conlumino page.