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Furniture Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Furniture Stores in Canada Market Research Report | NAICS 44211CA | May 2016

Building up: Higher demand and increased disposable income will spur industry growth

IBISWorld’s Furniture Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 11-16
1.2%
Annual Growth 16-21
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Profit
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Employment
40,084
Businesses
4,039
Industry Analysis & Industry Trends

The Furniture Stores industry suffered during the recession as consumer sentiment plummeted in line with falling disposable income. However, the industry's fortunes are expected to reverse as unemployment levels decrease and housing starts rise. Growth will be tempered compared with previous years, as big-box and US retailers encroach on local retailers... purchase to read more

Industry Report - Industry Investment Chapter

The level of capital investment in the Furniture Stores industry is low. The ratio of direct labour costs (employee compensation) to capital depreciation provides a valuable measure of an industry's labour and capital intensity of production because it shows the amount of industry revenue absorbed by labour inputs relative to the costs of capital inputs. Generally, high capital-to-labour ratios are associated with industries that are more capital intensive. In 2016, the industry is expected to spend $0.05 on capital for every dollar it spends on wages. Capital expenditure is focused on the development of premises that create an atmosphere conducive to selling furniture. Stores will add temporary walls and lighting to create “mock rooms” for the furniture to be displayed... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Furniture Stores Industry?

This industry sells household, outdoor and office furniture (except those sold in combination with office supplies and equipment), including living room, dining room and bedroom furniture, upholstered furniture, desks and home office goods, lamps, recliners, rugs and outdoor pieces.

Industry Products
Living room furnitureBedroom furnitureDining room furnitureOffice furnitureOther furniture
 
Industry Activities
Retailing household furnitureRetailing outdoor furnitureRetailing office furnitureRetailing mattresses


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