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The Market value of Homewares Segment in Canada (2021 - 2029, USD Millions)

  • The Homewares segment in Canada registered Market value of USD 10,499.56 Millions in 2024

  • The indicator recorded a historical decline (CAGR) of 2.52% between 2021 to 2024, and is expected to grow by...

  • GlobalData projects the indicator to grow at a CAGR of...

The Market value of Homewares Segment in Canada (2021 - 2029, USD Millions)

Published: Feb 2025
Source: GlobalData

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Homewares in Canada  

The homewares market includes the following segments: home hardware, lighting, textiles and soft furnishings, and window dressings. Home hardware includes the sale of crockery, cutlery, glassware, home cleaning, home storage, ironing boards, kitchen utensils, rubbish bins and other home hardware like household scales and other mechanical devices. 

Lighting includes the sale of lampshades, light/lampstands, light bulbs, and table and desk lamps. Textiles and soft furnishings include the sale of bathroom textiles, beddings, cushions, futons, hammocks, mattresses, table linen and other textile and soft furnishings like clothing and furniture coverings, doormats, laundry bags, parasols, shoe bags and shopping bags. Window dressings include the sale of blinds, curtain poles, rails, curtains and hooks. 

Category segmentation  

Home hardware is the largest segment of the homewares market in Canada, accounting for the largest share of the market's total value.  

The textiles and soft furnishings segment account for the second-largest share of the market. 

Geography segmentation  

Canada accounts for a significant share of the Americas homewares market value.  

The United States accounts for the largest share of the Americas market. 

Market distribution  

Home Furniture and Homewares Retailers form the leading distribution channel in the Canadian homewares market, accounting for the largest share of the total market's value.  

Department Stores accounts for the second-largest share of the market. 

Leading companies  

Bed Bath & Beyond Inc. 

Bed Bath and Beyond Inc. operates specialty retail stores which offer domestic merchandise such as bed linens and related items, bath items, and kitchen textiles, as well as home furnishings including kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and juvenile products. 

IKEA Group 

Ikea is a global retailer of Scandinavian-designed furniture and accessories. The parent company of the Ikea Group of companies is Ingka Holding, a private Dutch-registered company, which, in turn, is owned by Stichting Ingka Foundation. The Stichting Ingka Foundation was established in 1982 by Ingvar Kamprad and the ownership of this foundation lies with the Kamprad family. 

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