The market is dominated by foreign suppliers, as imports account for 84.2% of total market size in 2020. Households drive market demand, with household spending representing 92.6% of total demand in 2020. Canada has the ninth largest market size for domestic appliances across the top 20 developed countries, with demand reaching USD7.9 billion in 2020. Nortek Inc is the largest company in Canada, generating 36.1% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 44.5% of total production value in 2020. The total number of companies decreases in 2020, to 427 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 7.0% of production value in 2020, the 12th highest across the top 20 developed countries. With production value of USD576 million, Canada accounts for 1.8% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Domestic Appliances in Canada: ISIC 293. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Domestic Appliances in Canada: ISIC 293 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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