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Used Goods Stores in Canada: Market Research Report

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

Used Goods Stores in Canada Market Research Report | NAICS 45331CA | Jan 2015

New is new: Growth will slow as consumers with higher disposable incomes prefer to buy newer items

IBISWorld’s Used Goods 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
1.0%
Annual Growth 15-20
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Profit
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Employment
7,654
Businesses
2,713
Industry Analysis & Industry Trends

The Used Goods Stores industry in Canada runs countercyclical to the overall economy. Due to the nature of the industry's products, when per capita disposable income is low, demand is high for used, and therefore cheaper, products. In the five years to 2020, as the economy recovers, industry growth will slow significantly... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Used Goods Stores industry is in the mature stage of its economic life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to increase at an average annual rate of only 0.6% over the 10 years to 2020. By comparison, Canadian GDP is projected to rise at an annualized 2.2% in the same period. Growth in IVA that is similar or in-line with overall GDP growth, is typical for an industry in its mature life cycle phase.

Households with below-average income levels are considered to be the core buyers of industry products, as these consumers have limited discretionary cash and use thrift shops to save on a wide array of goods... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Used Goods Stores Industry?

This industry collects or purchases used merchandise and sells these goods directly to consumers. The industry includes thrift stores and pawnshops but excludes stores that sell secondhand motor vehicles and parts, such as automobiles, recreational vehicles, motorcycles, boats and tires.

Industry Products
Women's and children's clothingMen's clothing Children's toysFurniture, housewares and kitchenwareUsed booksJewelry including watches
 
Industry Activities
Selling used men's, women's and children's clothingSelling used booksSelling used baby furniture and equipmentSelling used garden equipmentselling used kitchenware and housewareSelling used toysSelling used musical instrumentsSelling used electronicsSelling used sporting goods


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