The market is dominated by domestic suppliers, as imports account for 48.1% of total market size in 2022. Households drive market demand, with household spending representing 63.6% of total demand in 2022. Canada has the seventh largest market size for furniture across the top 20 developed countries, with demand reaching USD21.6 billion in 2022. Palliser Furniture Upholstery Ltd is the largest company in Canada, generating 40.0% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 55.9% of total production value in 2022. The total number of companies increases in 2022, to 12,463 units. The costs of the industry increase by 13.5% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 10.2% of production value in 2022, the 19th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 34.2% of total production output. With production value of USD12.8 billion, Canada accounts for 13.0% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Furniture in Canada: ISIC 361. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Furniture in Canada: ISIC 361 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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