Canada Bathroom Vanities Market Size & Outlook, 2022-2030
Canada bathroom vanities market, 2017-2030 (US$M)
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Canada bathroom vanities market highlights
- The Canada bathroom vanities market generated a revenue of USD 2,176.5 million in 2022 and is expected to reach USD 3,884.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, residential was the largest revenue generating application in 2022.
- Non-Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Bathroom vanities market data book summary
| Market revenue in 2022 | USD 2,176.5 million |
| Market revenue in 2030 | USD 3,884.7 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Non-Residential |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
| Key market players worldwide | American Woodmark Corp, Illinois Tool Works Inc, Caesarstone Ltd, Empire Industries, Avanity, Bellaterra Home, Design Element, Foremost group, Kohler |
Other key industry trends
- In terms of revenue, Canada accounted for 5.6% of the global bathroom vanities market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bathroom vanities market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,884.7 million by 2030.
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Bathroom Vanities Market Scope
Bathroom Vanities Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada bathroom vanities market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bathroom vanities market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 74.44% in 2022. Horizon Databook has segmented the Canada bathroom vanities market based on residential, non-residential covering the revenue growth of each sub-segment from 2017 to 2030.
As per Statistics Canada, residential building construction in several jurisdictions across the Canada experienced the highest GDP growth rates in 2021, reflecting the increasing demand for dwellings. This has led to the growth of associated and auxiliary businesses.
Rapid expansion in the commercial sector in Canada is expected to contribute majorly to the future demand for bathroom vanities market. The upcoming construction activities in Canada is likely to include small and medium-sized projects and a limited number of large establishments.
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Our clientele includes a mix of bathroom vanities market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada bathroom vanities market , including forecasts for subscribers. This country databook contains high-level insights into Canada bathroom vanities market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada bathroom vanities market size, by application, 2017-2030 (US$M)
Canada Bathroom Vanities Market Outlook Share, 2022 & 2030 (US$M)
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