The market is dominated by foreign suppliers, as imports account for 77.6% of total market size in 2020. B2B drives market demand, with B2B spending representing 86.8% of total demand in 2020. Canada has the sixth largest market size for carpets and rugs across the top 20 developed countries, with demand reaching USD1.4 billion in 2020. Dixie Group Inc, The is the largest company in Canada, generating 20.2% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 59.3% of total production value in 2020. The total number of companies decreases in 2020, to 204 units. The costs of the industry decrease by 5% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 1.9% of production value in 2020, the 19th highest across the top 20 developed countries. With production value of USD255 million, Canada accounts for 2.9% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in Canada: ISIC 1722. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Carpets and Rugs in Canada: ISIC 1722 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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