Consumer Lifestyles in Canada

June 2024

Consumer Lifestyles offers valuable insights into key consumer attitudes and current thinking, and their impact on purchasing and consumption habits; quantifying behaviours, preferences and motivations, and aligning them with broader trends.

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Overview:

Consumer Lifestyle reports provide detailed snapshorts of the behaviours, attitudes and spending patterns of consumers in 40 countries. 

The Lifestyles reports offer valuable statistics and insights into key consumer traits and values, linking behaviour trends with purchase and consumption habits. Using lifestyles survey data, these reports quantify behaviours, preferences and motivations both now and in the future across specific consumer-related topics relating to how consumers live, shop, work and play in 40 markets. Analysis is also included on how Euromonitor’s 8 focus megatrends, the longer-term shifts in consumer attitudes and behaviour, are playing out in each of the 40 countries. Consumer lifestyles are constantly shifting. Understanding behavioural shifts is vital for businesses to stay competitive and adapt to in order to capitalise on new opportunities.

The Consumer Lifestyle in Canada report includes:

Lifestyles survey data and analysis on consumer values, behaviour and future expectations on topics such as life priorities, home and work life, ethical and health priorities and eating, leisure and shopping habits and use of technology. Consumer Megatrends covered are: Connected Consumers Ethical Living Experience More Healthy Living Middle Class Retreat Premiumisation Shifting Market Frontiers Shopping Reinvented

The Consumer Lifestyle in Canada report answers:

  • How is the consumer mindset in Canada changing? In Canada, what are consumer attitudes towards “green” and sustainable products?
  • What values influence consumers in Canada purchase decisions?
  • Where and how do consumers shop in Canada?
  • What health-related activities do consumers in Canada participate in?
  • What megatrends should I focus on in Canada (and why)?
  • How do I prioritize my investment? I operate in country x, which are the most important megatrends in that country?
  • My product chimes with the Healthy Living trend, what consumer behaviours do I need to consider for innovation planning?
Scope
Consumer landscape in Canada 2024
Personal traits and values
Canadians feel concerned about the rising prices of essential goods
Older generations actively prioritise time for their favourite activities
Baby boomers most likely to give to those in need
Canadians remain committed to tried and tested brands they know
Gen Z consumers are the most optimistic about the future
Personal traits and values survey highlights
Home life and leisure time
Baby boomers more likely than others to pursue hobbies during time at home
Canadian consumers enjoy interacting with companions face-to-face
Most baby boomers seek energy-efficient homes
Canadians cite a safe location as the most attractive home feature
Canadians seek value for money when travelling
Home life and leisure time survey highlights
Eating and dietary habits
Canadians prioritise looking for healthy ingredients in food and beverages
Millennials see food delivery as more convenient
Older generations snack when they are on the go
Gen Z more likely to be vegan or vegetarian
Baby boomers prefer consuming food that is sourced or manufactured locally
Eating and dietary habits survey highlights
Working life
Canadians want employers to prioritise employee health and safety
Canadians desire to have a job that allows for a strong work-life balance
Younger generations are more driven by higher salaries
Consumers in Canada expect to work from home, especially millennials
Working life survey highlights
Health and wellness
Canadians participate in walking or hiking as a weekly exercise habit
Canadians turn to physical activity for stress relief
Canadian consumers consider health and nutritional benefits the most influential feature
Younger generations use apps to track health or fitness more regularly
Health and wellness survey highlights
Shopping and spending
Canadian consumers enjoy discovering the best deals on offer
Gen Z enjoy window shopping as they have no intention of making a purchase
Gen Z and baby boomers more inclined to prefer personalised shopping experiences
Baby boomers more likely to fix items before replacing them
Canadians , especially baby boomers, often buy used or second-hand items
Older generations are less likely to purchase an item through a social networking site
Younger generations are more likely to use a price comparison website
Canadians expect to spend more on groceries while reducing expenditure on novelties
Millennials more likely to owe more money than they have saved up
Shopping and spending survey highlights
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