North America

In 2023, bags and luggage registered robust growth, with luggage leading the way with double-digit gains as it continued to recover from the impact of the COVID-19 pandemic. Despite higher inflation, Canadians were eager to travel after several years…

While writing instruments saw a stellar recovery in 2021, surpassing the pre-pandemic (2019) level of volume and current value sales, 2022 proved to be a challenging year, with most categories returning to decline, and a similar pattern set to follow…

Traditional watches in the US witnessed a swift rebound in sales in 2021, surpassing initial expectations, driven predominantly by the surge in demand for high watches (over USD1,000). However, the momentum has since seen a notable deceleration…

Following the extraordinary growth witnessed by personal accessories in 2021, buoyed by the release of pent-up demand and accumulated savings, current value growth slowed to single digits in 2022, although performances varied by category, and the…

Following incredible double-digit current value growth for jewellery in 2021, decline was witnessed in 2022, and this is expected to worsen in 2023, before returning to growth in the forecast period. Fine jewellery, the star category which led…

Despite high travel costs and inflation in 2022, consumers were committed to continuing their travel plans post-pandemic, which benefited sales of luggage, and certain bags, such as backpacks and duffel bags, as consumers looked to refresh or upgrade…

Cannabis in the US has seen a significant slowdown in growth in recent years, albeit with a still positive performance, and showing many indications of more robust growth over the forecast period. Although near-term federal legalisation is less…

The transition to a hybrid work model, initiated by the Federal Government and increasingly adopted by various organisations, is reshaping the work landscape. As employees spend more time at home, the demand for vacuum cleaners is expected to rise.…

Small cooking appliances experienced a decline in volume terms for the second consecutive year in Canada in 2023. This follows a period of high growth in 2021, indicating a market normalisation. Various factors contributed to this decline, including…

The year 2023 saw a notable downturn in the sales of refrigeration appliances, primarily influenced by the sluggish state of the housing market. This downturn marked a continuation of the negative trend observed in 2022. Despite the decline in volume…

Personal care appliances in Canada witnessed another year of decline in market value, a trend attributed to multiple factors. Closure of salon services during quarantine initially surged demand for at-home solutions, but the market has since…

Microwave sales in Canada witnessed a decline in volume sales growth throughout 2023, marking a continued correction from the heightened sales experienced earlier in the pandemic. This decline is consistent with the trend observed in the previous…

Large cooking appliances in Canada, covering various categories such as cooker hoods, built-in hobs, ovens, and cookers, continued to witness weakened demand in 2023, following a decline observed in the previous year. Economic uncertainties drove…

Laundry appliances in Canada sustained a decline for the second consecutive year in 2023. This downturn follows a period of notable value and volume growth in 2021 and a slight decline in 2022 due to softened consumer demand. The intensified decline…

In 2023, the volume growth of food preparation appliances in Canada remained nearly stagnant, with forecasts indicating slow but steady growth through the foreseeable future. The market's value growth in the previous year was primarily due to…

Dishwashers in Canada witnessed a sustained decline in sales throughout 2023, attributed to multiple factors contributing to a slight decrease in volume sales. During the pandemic, there was a significant surge in dishwasher sales as consumers…

Consumer appliances continued to exhibit a corrective phase throughout 2023, stemming from the heightened sales witnessed during the pandemic, attributed to prolonged home isolation due to COVID-19 policies and a robust housing market. This…

In 2023, Canada experienced a surge in the demand for air purifiers driven by widespread wildfires across provinces like Quebec, Ontario, and Nova Scotia. The federal government issued multiple alerts concerning the health hazards of air pollution…

Despite expectations for deflationary trends as markets continue to emerge from post-pandemic conditions, fresh vegetables continue to experience rising costs. Labour, transportation, and raw materials, as well as global socioeconomic unrest, have…

While 2022 saw an easing of retail volume declines for sugar and sweeteners, at-home demand continues to fall in 2023. The category is being increasingly influenced by a combination of health trends as well as economic pressures. Despite continuing…