Home and Garden in Canada

May 2024 | 44 pages | ID: H5B4B4B1E7FEN
Euromonitor International Ltd

Abstracts

In 2023, home and garden in Canada faced challenges stemming from persistent inflation, notably in food and energy prices, exacerbated by supply chain disruptions and the Russian invasion of Ukraine. These factors contributed to a decline in current value sales across the product area. Consumers, feeling the strain on their disposable incomes, opted to defer larger, discretionary spending on their homes.

Euromonitor International's Home and Garden in Canada report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2028 illustrate how market demand is expected to evolve in the medium-term

Product coverage: Home Improvement and Gardening, Homewares and Home Furnishings.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Home and Garden market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Home and Garden in Canada
Euromonitor International
May 2024

LIST OF CONTENTS AND TABLES

HOME AND GARDEN IN CANADA
EXECUTIVE SUMMARY
Home and garden in 2023: The big picture

2023 KEY TRENDS

Competitive landscape
Retailing developments
What next for home and garden?
MARKET DATA
Table 1 Sales of Home and Garden by Category: Value 2018-2023
Table 2 Sales of Home and Garden by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Home and Garden: % Value 2019-2023
Table 4 LBN Brand Shares of Home and Garden: % Value 2020-2023
Table 5 Penetration of Private Label in Home and Garden by Category: % Value 2018-2023
Table 6 Distribution of Home and Garden by Format: % Value 2018-2023
Table 7 Distribution of Home and Garden by Format and Category: % Value 2023
Table 8 Forecast Sales of Home and Garden by Category: Value 2023-2028
Table 9 Forecast Sales of Home and Garden by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
GARDENING IN CANADA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Urban gardening spurs demand for space-saving solutions
The persistent allure of grow-your-own: A response to economic pressures
Shifts in retail dynamics: Department stores embrace gardening trends
PROSPECTS AND OPPORTUNITIES
Indoor gardening to see robust growth in Canada
Growing eco-awareness driving the shift away from peat moss
Increase in demand for soil in Canada, led by eco-trends and urban living
CATEGORY DATA
Table 10 Sales of Gardening by Category: Value 2018-2023
Table 11 Sales of Gardening by Category: % Value Growth 2018-2023
Table 12 NBO Company Shares of Gardening: % Value 2019-2023
Table 13 LBN Brand Shares of Gardening: % Value 2020-2023
Table 14 Distribution of Gardening by Format: % Value 2018-2023
Table 15 Forecast Sales of Gardening by Category: Value 2023-2028
Table 16 Forecast Sales of Gardening by Category: % Value Growth 2023-2028
HOME FURNISHINGS IN CANADA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Navigating price pressures: Contraction in home furnishings
The ascendancy of retail e-commerce in home furnishings
Meeting space challenges: Demand for space-saving solutions
PROSPECTS AND OPPORTUNITIES
Canada’s immigration plans: A boost for home furnishings sales
Augmented reality and enhanced online features: Sustaining e-commerce growth
The rise of sleep health awareness: Fuelling mattress demand
CATEGORY DATA
Table 17 Sales of Home Furnishings by Category: Value 2018-2023
Table 18 Sales of Home Furnishings by Category: % Value Growth 2018-2023
Table 19 NBO Company Shares of Home Furnishings: % Value 2019-2023
Table 20 LBN Brand Shares of Home Furnishings: % Value 2020-2023
Table 21 LBN Brand Shares of Light Sources: % Value 2020-2023
Table 22 Distribution of Home Furnishings by Format: % Value 2018-2023
Table 23 Forecast Sales of Home Furnishings by Category: Value 2023-2028
Table 24 Forecast Sales of Home Furnishings by Category: % Value Growth 2023-2028
HOME IMPROVEMENT IN CANADA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Navigating marginal contraction: Home improvement landscape
DIY momentum: Driving home paint sales
Resilience amidst price pressures: Other floor coverings
PROSPECTS AND OPPORTUNITIES
Sustainable products set to grow further over the forecast period
Renewed interest through faucet innovations in bathrooms and kitchens
Continued growth of cordless drills
CATEGORY DATA
Table 25 Sales of Home Improvement by Category: Value 2018-2023
Table 26 Sales of Home Improvement by Category: % Value Growth 2018-2023
Table 27 NBO Company Shares of Home Improvement: % Value 2019-2023
Table 28 LBN Brand Shares of Home Improvement: % Value 2020-2023
Table 29 Distribution of Home Improvement by Format: % Value 2018-2023
Table 30 Forecast Sales of Home Improvement by Category: Value 2023-2028
Table 31 Forecast Sales of Home Improvement by Category: % Value Growth 2023-2028
HOMEWARES IN CANADA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Navigating supply chain disruptions and inflation
Resilience in dining categories amidst growing interest in home cooking
Embracing sustainability in kitchen utensils
PROSPECTS AND OPPORTUNITIES
Continued growth in online sales
Innovation driven by quality and functionality in cookware
Sustainably sourced products to gain popularity in Canada
CATEGORY DATA
Table 32 Sales of Homewares by Category: Value 2018-2023
Table 33 Sales of Homewares by Category: % Value Growth 2018-2023
Table 34 Sales of Homewares by Material: % Value 2018-2023
Table 35 NBO Company Shares of Homewares: % Value 2019-2023
Table 36 LBN Brand Shares of Homewares: % Value 2020-2023
Table 37 Distribution of Homewares by Format: % Value 2018-2023
Table 38 Forecast Sales of Homewares by Category: Value 2023-2028
Table 39 Forecast Sales of Homewares by Category: % Value Growth 2023-2028