Expected growth in the Canada microwave ovens market is projected at USD 87.3 million, reflecting a compound annual growth rate (CAGR) of approximately 3.3% during the upcoming 2024 to 2029 period. The microwave ovens market is expanding due to busy lifestyles and an increasing preference for convenience. With a growing number of working households, the demand for time-saving cooking solutions, including microwave ovens, is rising. Additionally, innovations in microwave technology, such as smart features and energy-efficient models, are contributing to market growth.
This report provides a thorough assessment of the Canada microwave ovens industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product, technology and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the microwave ovens industry.
Market Segmentation
The Canada microwave ovens market is categorized into the following segments:
Product: built-in microwaves, freestanding microwaves
Technology: smart, non-smart
Distribution channel: supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, others
The Canada market for microwave ovens is divided based on product, technology and distribution channel. By product, the market is categorized into built-in microwaves, and freestanding microwaves. Technology categories include smart, and non-smart. Distribution channel segments encompass supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, and others.
Competitive Landscape
The microwave ovens market is characterized by dominance from key players such as Whirlpool Corporation, The Samsung Group, Panasonic Corporation, LG Corporation, Hon Hai Precision Industry Co. Ltd., Haier Group Corporation and Danby Products Limited. This comprehensive report analyzes the performance of leading companies in the microwave ovens sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
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Anticipate the future trajectory of the Canada microwave ovens market with informed projections.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Canada Microwave Ovens Market – Product Analysis
Canada Microwave Ovens Market – Technology Analysis
Canada Microwave Ovens Market – Distribution Channel Analysis
Key Players and Market Share
– Whirlpool Corporation
– The Samsung Group
– Panasonic Corporation
– LG Corporation
– Hon Hai Precision Industry Co., Ltd.
– Haier Group Corporation
– Danby Products Limited
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Canada Microwave Ovens Market 2019-2029
Chart Canada Microwave Ovens Market, Net Growth, 2019-2029
Chart Canada Microwave Ovens Market, Growth Rates, 2019-2029
Table Canada Microwave Ovens Market by Product, 2019-2029
Chart Canada Microwave Ovens Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Canada Microwave Ovens Market by Product, 2019-2029
Table Canada Microwave Ovens Market by Technology, 2019-2029
Chart Canada Microwave Ovens Market by Technology, CAGR Historic and Forecast, 2019-2029
Chart Canada Microwave Ovens Market by Technology, 2019-2029
Table Canada Microwave Ovens Market by Distribution Channel, 2019-2029
Chart Canada Microwave Ovens Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Canada Microwave Ovens Market by Distribution Channel, 2019-2029
Table Canada Microwave Ovens Market Share (%), by Companies, 2019-2023
Chart Canada Microwave Ovens Market, by Companies, 2023
Table Canada Microwave Ovens Market Share (%), by Brands, 2019-2023
Chart Canada Microwave Ovens Market, by Brands, 2023
Table Canada – Population (Millions) and Forecast
Table Canada – Consumer Price Index (CPI) and Forecast
Table Canada – Gross Domestic Product and Forecast
Table Canada Microwave Ovens Market: Spend as a Proportion of GDP (%)
Table Canada Microwave Ovens Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
The Samsung Group
Panasonic Corporation
LG Corporation
Hon Hai Precision Industry Co., Ltd.
Haier Group Corporation
Danby Products Limited