The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreMar 2019
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The gross domestic product (GDP) of Canada started to shrink in 2018 due to the lingering effects from the real estate boom that led Statistics Canada to annualise growth to 1.7% from the expectations of 2% by economists.
Advancements in technology, increasing purchasing power, and greater awareness towards consumers have all shaped the behaviour of Canadians. While consumers were originally limited to researching reviews on products online, they are slowly becoming smart shoppers.
Canadian households are dependent on most categories in home care. However, they are also more aware of the harmful toxic residues that each product releases.
Home care is mature, yet competition is fierce. This has encouraged players to be innovative by offering new fragrances and advancements in packaging.
Over the forecast period, the shift in consumer lifestyles is expected to demand greater convenience to replace conventional products. Apart from convenience, there will be more of an inclination towards quality and ethical considerations, with local consumers willing to pay a little extra for the product that suits their requirements.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Home Care industry in Canada with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Home Care industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from these category reports in Canada for free:
The Home Care in Canada market research report includes:
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Why buy this report?
This industry report originates from Passport, our Home Care market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.