PROSPECTS AND OPPORTUNITIES
Multifunctional products offer various benefits
Over the forecast period, there will likely be a strong trend towards multifunctional food preparation appliances that can help consumers save space in the kitchen. For instance, consumers will likely prefer food preparation appliances that can perform various tasks, such as blending, mixing and pureeing.
Customisation and personalisation present new sales opportunities
The trend towards personalised and customisable food preparation appliances is expected to grow. Consumers will likely increasingly seek appliances that allow them to tailor their cooking experience to their specific dietary needs and preferences.
Retailers and manufacturers likely to focus on e-commerce and direct-to-consumer sales
The growth of e-commerce and direct-to-consumer sales will likely significantly impact the future of food preparation appliances. Consumers are showing a growing appreciation for the convenience of online shopping, which is encouraging brands to enhance their online presence and direct sales strategies.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Food Preparation Appliances industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Food Preparation Appliances in Canada report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Food Preparation Appliances in Canada?
- Which are the leading brands in Canada?
- How are products distributed in Canada?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Food Preparation Appliances in Canada - Category analysis
KEY DATA FINDINGS
Health and wellness trend informing market demand
Smart and connected food preparation appliances proving popular
Eco-friendly and energy-efficient food preparation appliances receive growing interest
Multifunctional products offer various benefits
Customisation and personalisation present new sales opportunities
Retailers and manufacturers likely to focus on e-commerce and direct-to-consumer sales
Consumer Appliances in Canada - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Food Preparation Appliances
- Blenders
- Food Processors
-
- Centrifugal Juicers
- Slow Juicers
- Mixers
- Other Food Preparation Appliances
Food Preparation Appliances
Food preparation appliances includes food processors, blenders, mixers, juice extractors, citrus pressers, other food preparation appliances (eg pasta makers, electric mincers, smoothie makers, grinders and electric whisks)
See all of our definitionsWhy buy this report?
- 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
This report originates from Passport, our Food Preparation Appliances research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!