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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 | Feb 2014

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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
4.1%
Annual Growth 14-19
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Profit
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Employment
7,539
Businesses
2,682
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 2019, as the economy recovers, industry growth will slow significantly... purchase to read more

Industry Report - Industry Products Chapter

Men's, women's and children's clothing

Clothing, which includes such accessories as shoes and women's handbags, is the largest product segment in this industry, accounting for an estimated 35.0% of total industry revenue in 2014. Not-for-profit used goods stores, operated by large industry players like the Salvation Army, offer a wide variety of men's, women's and children's clothing. Most not-for-profits have charitable aims, serving low income individuals. As such, prices and margins for these establishments are generally low. The past five years have seen the emergence of many new for-profit used goods stores. Franchised for-profit establishments, such as Plato's Closet, have succeeded by providing high-quality used women's clothing (i.e... 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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