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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 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 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 - Starting a New Business Chapter

The Used Goods Stores industry has low barriers to entry given its relatively low start-up costs, particularly with respect to initial investment requirements. Many businesses in this industry are franchised; fees for franchising an initial store opening can be as low as $25,000. However, the entire cost of opening a store varies depending on establishment size and location and can reach upwards of $350,000.

This industry is highly fragmented. The majority of businesses are family owned and cater to local markets. According to IBISWorld estimates and Statistics Canada data, an estimated 46.8% of establishments in this industry employ less than five people. Operating costs in this industry are also low... 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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