TV & Appliance Wholesaling in Canada - Industry Market Research Report

TV & Appliance Wholesaling in Canada - Industry Market Research Report

  • July 2022 •
  • 37 pages •
  • Report ID: 4387186 •
  • Format: PDF
A new show: Technological developments in electronics are expected to partially support industry demand

Abstract

TV & Appliance Wholesaling in Canada
Over the five years to 2019, the TV and Appliance Wholesaling industry in Canada was favourably affected by rising demand from the building and contractor market. As new homes, apartments and condominiums were built across Canada, contractors and developers relied on the expansive inventory and brand diversity of TV and appliance wholesalers, purchasing standard household appliances, including ovens and refrigerators, from industry operators. However, the declining price of most consumer electronics has pressured industry expansion prospects. Industry sales during this period have been tempered by rising competition from manufacturers that sell directly to retailers and e-commerce platforms. Additionally, consumer electronics and appliance stores, a key buying industry, experienced mounting pressure from online retailers over the five years to 2019. Over the five years to 2024, an expanding residential renovation market and technological developments in electronics, such as internet-enabled TVs and energy-efficient appliances, will partially support overall demand for industry-related products.

The Canadian TV and Appliance Wholesaling industry wholesales a range of electric household appliances, such as refrigerators and washing machines and consumer electronics, such as TVs, DVD players and stereo systems. Goods are purchased from domestic and international manufacturers and then sold to mass merchandisers, department stores, home improvement stores and other appliance retailers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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