Summary With a share of 4.6% in 2015, the furniture and floor coverings market is set to witness a CAGR of 3.19% over the forecast period, to reach retail sales of CAD14.9 billion by 2020. The industry is mature and the entry of international retailers IKEA has led other retailers to expand their existing product lines with the latest and innovative furniture and homeware products. The growth is expected arise from the renovation of old homes and decline price due to competition between the retailers. Key Findings Home furniture and homewares retailers account for 82.3% of the total sales of furniture and floor coverings Furniture is expected to remain the largest category during the forecast period. Sales through online channel are gaining momentum and are expected to grow at a CAGR of 10.98% during 2015-2020. Synopsis Furniture and Floor Coverings Retailing in CanadaMarket Summary and Forecasts is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020. What else does this report offer? A thorough analysis of consumer trends changing... Research Beam Model: Research Beam Product ID: 405902 1250 USD New
Furniture and Floor Coverings Retailing in Canada- Market Summary and Forecasts 2020 - Research Beam
 
 

Furniture and Floor Coverings Retailing in Canada- Market Summary and Forecasts ; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020

  • Category : Retail
  • Published On : February   2016
  • Pages : 60
  • Publisher : Conlumino
 
 
 
Summary
With a share of 4.6% in 2015, the furniture and floor coverings market is set to witness a CAGR of 3.19% over the forecast period, to reach retail sales of CAD14.9 billion by 2020. The industry is mature and the entry of international retailers IKEA has led other retailers to expand their existing product lines with the latest and innovative furniture and homeware products. The growth is expected arise from the renovation of old homes and decline price due to competition between the retailers.

Key Findings
Home furniture and homewares retailers account for 82.3% of the total sales of furniture and floor coverings

Furniture is expected to remain the largest category during the forecast period.

Sales through online channel are gaining momentum and are expected to grow at a CAGR of 10.98% during 2015-2020.

Synopsis
Furniture and Floor Coverings Retailing in CanadaMarket Summary and Forecasts is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.

What else does this report offer?

A thorough analysis of consumer trends changing economic and population factors

Both qualitative and quantitative insights and analysis of the shifting furniture and floor coverings retail dynamics for floor coverings and furniture from 2010 to 2020

Sales of furniture and floor coverings products through the following channels from 2010 to 2020: Home furniture and homewares retailers; hypermarkets, supermarkets and hard-discounters; online; department stores; value, variety stores and general merchandise retailers; home improvement and gardening supplies retailers; other general and non-specialist direct retailers; cash and carries and warehouse clubs; other specialist retailers

An overview of key furniture and floor coverings retailers operating across Canada and their presence across distribution channels

Reasons To Buy
Gain a comprehensive knowledge on furniture and floor coverings sector in the Canada retail market and develop a competitive advantage from the start of your supply chain

Investigate current and forecast behavior trends in furniture and floor coverings category to identify the best opportunities to exploit

Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior

Understand the fastest growing categories including floor coverings and furniture, with insights on performance across key channels from 2010, with forecasts until 2020

Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the furniture and floor coverings market

Analysis of key international and domestic players operating in the furniture and floor coverings market including store counts and revenues that give you a competitive edge identify opportunities to improve your market share
Table Of Contents
1 Introduction
1.1 What is this Report About?
2 Executive Summary and Outlook
3 Market Context
3.1 Sluggish economic growth possess new challenges to retailers
3.1.1 Retail sales recorded positive growth despite economic downturn
3.1.2 Declining savings rate is a positive call for retailers
3.1.3 Services sector continues to be the major sector for employment
3.1.4 Low inflation levels to benefit retailers
3.1.5 Rise in consumption expenditure- a positive sign to reckon with
3.1.6 Increasing urbanization offers growth opportunities for retailers
3.2 Aging population poses challenges for retailers
4 Canadian Shoppers
4.1 US based promotional offers drive retail sales in Canada
4.2 M-commerce fuels retailing in Canada
4.3 Chinese tourists boost retail sales in Canada
4.4 Price conscious consumers switch to private label brands
5 Doing Business in Canada
5.1 Summary
5.1.1 Bureaucracy
5.1.2 Business culture
5.1.3 Infrastructure and logistics
5.2 Business reforms in Canada in the past
5.3 Canada eases rules for foreign investors
6 Retail - Product Sectors
6.1 Product Sector Analysis
6.1.1 Furniture and Floor Coverings
6.2 Furniture and Floor Coverings Category Overview
6.2.1 Furniture and Floor Coverings by Channel
6.4 Major Retailers
6.4.1 Furniture and Floor Coverings
7 Appendix
7.1 Definitions
7.1.1 This report provides 2014 actual sales; while forecasts are provided for 2015 - 2020
7.2 Summary Methodology
7.2.1 Overview
7.2.2 The triangulated market sizing method
7.2.3 Industry surveys in the creation of retail market data
7.2.4 Quality control and standardized processes
7.3 About Conlumino
7.4 Disclaimer

List Of Tables
Table 1: Canada Furniture and Floor Coverings Retail Sales (CAD mn), by Channel Group, 2010-2015
Table 2: Canada Furniture and Floor Coverings Retail Sales Forecast (CAD mn), by Channel Group, 2015-2020
Table 3: Canada Furniture and Floor Coverings Retail Sales (US$ mn), by Channel Group, 2010-2015
Table 4: Canada Furniture and Floor Coverings Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020
Table 5: Canada Furniture and Floor Coverings Segmentation (% value), by Channel Group, 2010-2020
Table 6: Canada Furniture and Floor Coverings Retail Sales (CAD mn), by Category, 2010-2015
Table 7: Canada Furniture and Floor Coverings Retail Sales Forecast (CAD mn), by Category 2015-2020
Table 8: Canada Furniture and Floor Coverings Retail Sales (US$ mn), by Category, 2010-2015
Table 9: Canada Furniture and Floor Coverings Retail Sales Forecast (US$ mn), by Category 2015-2020
Table 10: Canada Furniture and Floor Coverings Retail Segmentation (% value), by Category, 2010-2020
Table 11: Canada Floor Coverings Retail Sales (CAD mn), by Channel Group, 2010-2015
Table 12: Canada Floor Coverings Retail Sales Forecast (CAD mn), by Channel Group, 2015-2020
Table 13: Canada Floor Coverings Retail Sales (US$ mn), by Channel Group, 2010-2015
Table 14: Canada Floor Coverings Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020
Table 15: Canada Floor Coverings Retail Segmentation, by Channel Group, 2010-2020
Table 16: Canada Furniture Retail Sales (CAD mn), by Channel Group, 2010-2015
Table 17: Canada Furniture Retail Sales Forecast (CAD mn), by Channel Group, 2015-2020
Table 18: Canada Furniture Retail Sales (US$ mn), by Channel Group, 2010-2015
Table 19: Canada Furniture Retail Sales Forecast (US$ mn), by Channel Group, 2015-2020
Table 20: Canada Furniture Retail Segmentation, by Channel Group, 2010-2020
Table 21: Key Furniture and Floor Coverings Retailers in Canada
Table 22: Canada Exchange Rate CAD-USD (Annual Average), 2010-2015
Table 23: Canada Exchange Rate CAD-USD (Annual Average), 2016-2020 Forecasts
Table 24: Conlumino Retail Channel Definitions
Table 25: Conlumino Retail Category Definitions

List Of Figures
Figure 1: GDP Value (US$ billion), 2010-2015
Figure 2: Growth Rate of GDP (US$ billion, %), 2010-2015
Figure 3: GDP Value and Growth (CAD billion, %), 2010-2015
Figure 4: Forecasts for GDP Value and Growth (CAD billion, %), 2015-2020
Figure 5: Household Savings Rate (%), 2005-2015
Figure 6: Share of Employment by Sector (%), 2005 and 2015
Figure 7: Unemployment Rate (%), 2005-2015
Figure 8: Inflation Growth Rates (%), 2005-2015
Figure 9: Household Consumption Expenditure of Canada (CAD billion), 2005 and 2015E
Figure 10: Household Consumption Expenditure of Major Countries (US$ billion), 2015
Figure 11: Growth of Household Consumption Expenditure (US$, %), 2005-2015
Figure 12: Rural and Urban Populations (millions) 2005, 2015 and 2020
Figure 13: Total Population and Growth Rate (Millions, %), 2005-2020
Figure 14: Population Split by Gender (%), 2015 and 2020E
Figure 15: Population Split by Age Group (%), 2015 and 2020
Figure 16: Per Capita Spend on Retail (CAD), 2007 and 2015
Figure 17: Per Capita Spend (CAD) and Total Retail Spend by Age Group (%), 2007 and 2015
Figure 18: Promotional offers driving retail sales in Canada
Figure 19: Smartphone ownership in Canada
Figure 20: Key facts about Chinese tourists visiting Canada
Figure 21:Private label products offered by leading Canadian retailers
Figure 22: Key Components of Doing Business in Canada
Figure 23: Share of Furniture and Floor Coverings in overall Retail 2015 and 2020
Figure 24: Retail Sales Value and Growth (CAD billion, %) of Furniture and Floor Coverings 2015-2020
Figure 25: Spend per Head on Furniture and Floor Coverings 2015 and 2020
Figure 26: Online Spend in Furniture and Floor Coverings 2015-2020
Figure 27: Online Share of total Furniture and Floor Coverings Spend 2015 and 2020
Figure 28: Spending per Channel in Furniture and Floor Coverings (%) 2015 and 2020
Figure 29: Canada Furniture and Floor Coverings Retail Sales and Forecast (CAD mn), by Channel Group, 2010-2020
Figure 30: Canada Furniture and Floor Coverings Retail Market Dynamics, by Channel Group, 2010-2020
Figure 31: Canada Furniture and Floor Coverings Retail Sales and Forecast (CAD mn), by Category Group, 2010-2020
Figure 32: Canada Furniture and Floor Coverings Retail Market Dynamics, by Category 2010-2020
Figure 33: Canada Floor Coverings Retail Sales and Forecast (CAD mn), by Channel Group, 2010-2020
Figure 34: Canada Furniture Retail Sales and Forecast (CAD mn), by Channel Group, 2010-2020
Figure 35: The Triangulated Market Sizing Methodology
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