In 2015 internet retailing continued to increase rapidly, outpacing all other non-store channels. In Canada, adopting a multichannel retail capability is now at the centre of every major retailer’s strategy. Services such as click-and-collect are being introduced by some retailers in an effort to better integrate physical and online stores, whilst allowing them to engage with customers throughout the purchasing process. For instance, Loblaws developed its click-and-collect service and Walmart launched its grocery pick-up service. Both services provide consumers with the benefits of shopping online and picking up products in stores.
Competitive Landscape
The competitive landscape in internet retailing in Canada is becoming more fragmented, as more domestic and foreign retailers enter this space. Amazon.com Inc continued to lead with a 17% value share. The company keeps growing in Canada due to the considerable and ever-expanding range of items available on its website.
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Industry Prospects
Internet retailing is expected to increase by a value CAGR of 8% at constant 2015 prices over the forecast period. With most retailers moving towards a multichannel approach, it has become evident that although there are a significant proportion of consumers who currently shop online regularly, there are still a number of customers who prefer to visit stores to see, try or pick up products who have yet to fully adopt the channel.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Internet Retailing industry in Canada with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Internet Retailing industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.
The?Internet Retailing in?Canada market research report includes:
* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth?
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* Who are the leading retailers in Canada?
* How quickly is internet retailing growing in Canada?
* What products are selling best over the internet?
* Which internet sites are attracting the most sales?
Reasons to Get this Report
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"Internet Retailing in Canada" now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001