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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 | Mar 2017

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

IBISWorld’s Furniture 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
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 12-17
2.3%
Annual Growth 17-22
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Profit
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Employment
40,550
Businesses
3,764
Industry Analysis & Industry Trends

Over the past five years, the Furniture Stores industry has slowly improved. Total furniture sales in Canada were down during the start of the five-year period due to the erratic performance of new residential construction, as Canadians have found purchasing homes increasingly difficult over the past five years. Consolidation is expected to slow over the next five years; nevertheless, operators will continue to find it difficult to compete. External competition from big-box and e-commerce retailers will continue to steal away customers and revenue from industry operators. At the same time, the housing sector in Canada is expected to cool and slow gains in income growth will contribute marginally to industry growth as consumers reduce their spending... purchase to read more

Industry Report - Industry Products Chapter

Living room furniture

Living room furniture is expected to account for 40.1% of industry revenue in 2017. The living room furniture segment includes coffee tables, sofa tables, end tables, sofas, love seats, chairs, bookshelves, ottomans, display cabinets, consoles, TV stands and upholstered furniture like sofas and overstuffed chairs. Products in this category vary in price significantly depending on brands and materials. For example, couches are one of the industry's most expensive products while bookshelves can be very inexpensive. Sales attributed to this segment have declined over the five years to 2017, due primarily to adverse conditions in the housing market. Res.. 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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