Heating appliances received a boost from the cold winter of 2015, where record cold temperatures and record number of cold days were experienced across Canada, thereby fuelling sales of heating appliances. Although trends in HVAC and growth in installations of whole home HE furnaces continued to spread, many homeowners used additional room heaters for cold areas in the house. In addition to home use, it is common for Canadians to purchase small heating appliances for the workplace and place them at or near their desk or work area.
Competitive Landscape
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Sunbeam Canada Corp sustained its leading position in heating appliances with a 27% volume share in 2015. Sunbeam achieves strong sales volume in the Canadian market through mass and hypermarket channels such as Walmart stores, whilst also maintaining a strong presence in the home improvement and gardening channel through retailers like Canadian Tire. Whilst the company did not introduce significant changes to its product line in 2015, its predominant brand presence and seasonal promotions fuelled volume sales in their own right.
Industry Prospects
Heating appliances is set to increase at a volume CAGR of 3% over the forecast period. Growth is subject to the unpredictable element of weather, whilst other influences such as economic conditions, population and housing growth will continue to impact the market.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Heating Appliances 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 Heating Appliances industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.
The Heating Appliances in Canada market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* 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:
* What is the market size of Heating Appliances in Canada?
* What are the major brands in Canada?
* Are central heating units inhibiting potential growth for electric fires?
* Has innovation in panel heaters led to an upturn in fortunes for the category?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
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"Heating Appliances in Canada" Published
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