The demand for sustainable products in home improvement is growing rapidly in Canada, due to increased consumer awareness of the environmental impact of their actions. This trend creates significant opportunities for companies who offer sustainable home improvement products.
Despite a contraction in value sales in 2023, bathroom and sanitaryware remains a significant product area in in home improvement in Canada. Brands are actively innovating to reignite consumer interest in this category, aiming for improved sales in the forecast period.
Cordless drills demonstrated resilience in home improvement in Canada in 2023, with growth in value sales at constant 2022 prices. While a marginal decline is anticipated in 2024, the category is poised to rebound for the remainder of the forecast period.
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Understand the latest market trends and future growth opportunities for the Home Improvement industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Improvement industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Improvement
Includes: products purchased by consumers through retail channels.Excludes: commercial sales to professional builders / tradesmen / contractors etc. Home improvement refers to bathroom and sanitaryware, decorating sundries, floor covering, hand tools, hardware, home paint, kitchen sinks, power tools, wall covering and other home improvement.
See All of Our DefinitionsThis report originates from Passport, our Home Improvement research and analysis database.
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