PROSPECTS AND OPPORTUNITIES
Health and wellness concerns likely to influence the market
Canadians are increasingly prioritising health and wellness, which is influencing their purchasing decisions for refrigeration appliances. Therefore, there is likely to be a growing demand for refrigeration appliances with features that help preserve the nutritional quality of food.
As homes get smaller compact and space-saving designs are expected to see increased demand
With an increasing number of Canadians living in urban areas where space is limited, there is likely to be a rising demand for compact and space-saving refrigeration solutions. Consumers are looking for appliances that fit seamlessly into smaller kitchens without compromising on capacity or functionality.
Customisable interiors and exteriors becoming more desirable
The demand for personalised products is extending to refrigeration appliances with consumers increasingly wanting the ability to customise both the interior and exterior of these units to match their preferences and home decor. Options for customisable exterior panels, colours, and finishes are therefore becoming increasingly common.
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Overview:
Understand the latest market trends and future growth opportunities for the Refrigeration 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 Refrigeration 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 Refrigeration 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 Refrigeration 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?
Refrigeration Appliances in Canada - Category analysis
KEY DATA FINDINGS
Energy efficiency and sustainability concerns informing new product development and innovation
Smart technology a growing feature of modern refrigeration appliances
Design and customisation allow for increased personalisation
Health and wellness concerns likely to influence the market
As homes get smaller compact and space-saving designs are expected to see increased demand
Customisable interiors and exteriors becoming more desirable
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:
Refrigeration Appliances
- Built-in Refrigeration Appliances
- Freestanding Refrigeration Appliances
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- Built-in Electric Wine Coolers/Chillers
- Freestanding Electric Wine Coolers/Chillers
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- Built-in Freezers
- Freestanding Freezers
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- Built-in Fridge Freezers
- Freestanding Fridge Freezers
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- Built-in Fridges
- Freestanding Fridges
Refrigeration Appliances
Refrigeration appliances considers built-in and freestanding major appliances in the following categories: fridge freezers, fridges, freezers and electric wine coolers chillers.
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 Refrigeration Appliances research and analysis database.
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