Press release
Retailing in Canada, Market Shares, Summary and Forecasts to 2022 Profiling Key Vendors like Winners, Hudson's Bay, Mark's, Aritzia, Marshalls, Old Navy, Holt Renfrew, Walmart, H&M, SportChek, Walmart, Real Canadian Superstore
Retailing in Canada, Market Shares, Summary and Forecasts to 2022 - Premium Market Insights
The retail sector in the country recorded positive growth in 2017 and the value of retail sales reached C$363.6 billion by the end of the year. Growth in employment and wages led to an increase in consumer confidence, which boosted retail sales in the country.
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What else does this report offer-
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories),
- The report also details major retailers in each category group with their product proposition analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories, which include Clothing, Footwear, Books, News and Stationery, Electrical and Electronics, Food and Grocery, Health and Beauty, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, Sports and Leisure Equipment, Jewelry, Watches and Accessories, and Luggage and Leather Goods
- Qualitative and quantitative insights of changing retail dynamics across various channels.
Scope
- Spending on retail is set to improve with a positive economic outlook
- Retail sales are forecast to register improved growth between 2017 and 2022
- Homewares is forecast to produce the fastest growth during 2017-2022
- Food & grocery will remain the largest sector through to 2022
- Specialist retailers are estimated to lose their share to the online channel
- Online will be the fastest-growing channel through to 2022
- Online sales to nearly double during 2017-2022.
Reasons to buy
- Gain a comprehensive knowledge on 26 product categories in Canada retail market and develop a competitive advantage around consumer behaviour trends from the start of your supply chain
- 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, and key consumer and technology trends influencing the retail market
- Investigate current and forecast behaviour trends in each category to identify the best opportunities to exploit
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviour
- Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2012, with forecasts until 2022
- Analysis of key international and domestic players operating in Canada retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.
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