Refrigerators - Canada

  • Canada
  • The revenue generated in the Refrigerators market in Canada is projected to reach €0.94bn in 2024.
  • It is anticipated that the market will experience an annual growth rate of 1.85% (CAGR 2024-2029).
  • When compared globally, the highest revenue in the segment is generated in China, amounting to €29,830m in 2024.
  • In terms of per household revenue, in Canada is expected to generate €91.21 in 2024.
  • Looking ahead, the volume in the Refrigerators market is predicted to reach 1.3m pieces units by 2029.
  • However, there is a slight decline of -0.3% in volume growth expected in 2025.
  • On average, each household in Canada is expected to have a volume of 0.13pieces units in the Refrigerators market in 2024.
  • The Canadian refrigerator market is experiencing a surge in demand for energy-efficient models due to the country's commitment to environmental sustainability.

Key regions: United States, Europe, Japan, United Kingdom, India

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Visión general

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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