PROSPECTS AND OPPORTUNITIES
Energy and water efficiency likely to be a growing influence on purchasing decisions
Canadian consumers are increasingly prioritising energy and water-efficient home laundry appliances to reduce utility costs and their environmental impact. This trend is leading manufacturers to innovate with appliances that consume less water and energy.
Smart and connected appliances set to become more mainstream
The integration of smart technology into home laundry appliances is expected to increase significantly over the forecast period. Consumers are increasingly interested in appliances that offer convenience, energy efficiency, and advanced features like remote control and monitoring through mobile apps.
Growing popularity of compact and space-saving designs should boost sales of automatic washer dryers
With urbanisation and smaller living spaces becoming more common, there is a growing demand for compact and space-saving home laundry appliances. Consumers are looking for solutions that fit into limited spaces without compromising on functionality.
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Overview:
Understand the latest market trends and future growth opportunities for the Home Laundry 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 Home Laundry 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 Home Laundry 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 Home Laundry 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?
Home Laundry Appliances in Canada - Category analysis
KEY DATA FINDINGS
Customisation and speciality cycles proving popular
Compact and versatile designs proving popular
Advanced technologies adding value to home laundry appliances
Energy and water efficiency likely to be a growing influence on purchasing decisions
Smart and connected appliances set to become more mainstream
Growing popularity of compact and space-saving designs should boost sales of automatic washer dryers
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:
Home Laundry Appliances
- Built-in Home Laundry Appliances
- Freestanding Home Laundry Appliances
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- Built-in Automatic Dryers
- Freestanding Automatic Dryers
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- Built-in Automatic Washer Dryers
- Freestanding Automatic Washer Dryers
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- Built-in Automatic Washing Machines
- Freestanding Automatic Washing Machines
- Semi-Automatic Washing Machines
Home Laundry Appliances
Home laundry appliances includes the following categories: automatic dryers, automatic washing machines, automatic washer dryers and semi-automatic washing machines.
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 Home Laundry Appliances research and analysis database.
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