Electricals Retailing in Canada, Market Shares, Summary and Forecasts to 2021
WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Electricals Retailing in Canada, Market Shares, Summary and Forecasts to 2021”
Electricals Retailing in Canada
Overview
"Electricals Retailing in Canada, Market Shares, Summary and Forecasts to 2021", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the Canada retail environment. In addition, it analyzes the key consumer trends influencing Canada electricals retail market.
The electricals sector in Canada registered sales of C$31 billion in 2016 and is set to grow at a CAGR of 2.7% during 2016-2021 to reach C$35.4 billion. This will be driven by high consumer spending and regular tech upgrades, especially for smartphones.
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Major Companies mentioned
Canadian Tire
Bell
Walmart
The Source
Amazon
Costco
Electricals Retailing in Canada Major Outlook
- The electricals sector to witness moderate growth during 2016-2021
- Online sales will grow rapidly between 2016-2021
- Best Buy was the leading retailer in the electricals sector in 2016
- The top 10 retailers accounted for 35.3% of the overall sales in 2016
- Best Buy registered fastest sales growth during 2015-2016
Electricals Retailing in Canada - Competitive Analysis
Key players are making innovative developments in Electricals Retailing in Canada. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
Scope
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in electricals category group with their product proposition analysis and market positioning in 2016 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in electricals sector
- Qualitative and quantitative insights of changing retail dynamics in electricals sector
.Continued
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Posted by
Vivian Dsena
on Wednesday March 28 2018, 6:54 AM EST.
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