Canada Major Appliances Market Size & Outlook, 2025-2030
The major appliances market in Canada is expected to reach a projected revenue of US$ 5,543.1 million by 2030. A compound annual growth rate of 3.7% is expected of Canada major appliances market from 2024 to 2030.
Revenue, 2024 (US$M)
$4,297.5
Forecast, 2030 (US$M)
$5,543.1
CAGR, 2025 - 2030
3.7%
Report Coverage
Canada
Canada Major Appliances Market, 2018-2030 (US$M)
Global Market
Related Markets
Canada major appliances market highlights
- The Canada major appliances market generated a revenue of USD 4,297.5 million in 2023 and is expected to reach USD 5,543.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, refrigerators was the largest revenue generating product in 2023.
- Air Conditioners is the most lucrative product segment registering the fastest growth during the forecast period.
Major appliances market data book summary
| Market revenue in 2023 | USD 4,297.5 million |
| Market revenue in 2030 | USD 5,543.1 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Refrigerators |
| Fastest growing segment | Air Conditioners |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Washing Machines, Cooktops, Cooking Ranges, Dishwashers, Refrigerators, Air Conditioners, Microwaves & Ovens, Vacuum Cleaners |
| Key market players worldwide | Whirlpool Corp, Electrolux AB ADR, Samsung Electronics Co Ltd, LG Electronics Inc ADR, Haier Smart Home Co Ltd ADR, Panasonic Holdings Corp, Miele, Bosch, Daikin Industries Ltd, Sharp Corp, IRobot Corp, Midea Group |
Other key industry trends
- In terms of revenue, Canada accounted for 1.1% of the global major appliances market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. major appliances market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,543.1 million by 2030.
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Publish Date: Oct 21, 2024
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Major Appliances Market Scope
Major Appliances Market segmentation & scope
Major Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| LG Electronics Inc ADR | View profile | 35,111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | www.lge.co.kr |
| Electrolux AB ADR | View profile | 41,869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | www.electroluxgroup.com |
| Daikin Industries Ltd | View profile | 107,127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | www.daikin.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | www.bosch.com |
| Haier Smart Home Co Ltd ADR | View profile | 112,458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | smart-home.haier.com/cn |
| Whirlpool Corp | View profile | 59,000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | www.whirlpoolcorp.com |
| IRobot Corp | View profile | 1,113 | 8 Crosby Drive, Bedford, MA, United States, 01730 | www.irobot.com |
| Sharp Corp | View profile | 46,200 | 1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, Japan, 590-8522 | www.sharp.co.jp |
Canada Major Appliances Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Major Appliances Market Outlook will help companies and investors design strategic landscapes.
Refrigerators was the largest segment with a revenue share of 34.12% in 2023.
Horizon Databook has segmented the Canada major appliances market based on washing machines, cooktops, cooking ranges, dishwashers, refrigerators, air conditioners, microwaves & ovens, vacuum cleaners covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Major Appliances Market Product Outlook (Revenue, USD Million , 2018-2030)
- Washing Machines
- Cooktops
- Cooking Ranges
- Dishwashers
- Refrigerators
- Air Conditioners
- Microwaves & Ovens
- Vacuum Cleaners
- Canada Major Appliances Market Type Outlook (Revenue, USD Million , 2018-2030)
- Conventional Appliances
- Smart Appliances
- Canada Major Appliances Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Hypermarkets & Supermarkets
- Electronic Stores
- Exclusive Brand Outlets
- Online
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Major Appliances Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Major Appliances Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Major Appliances Market, 2018-2030 (US$M)
Canada major appliances market statistics, by product, 2018-2030 (US$M)
