Canada Electronic Shelf Label Market Size & Outlook

The electronic shelf label market in Canada is expected to reach a projected revenue of US$ 333.5 million by 2033. A compound annual growth rate of 17.6% is expected of Canada electronic shelf label market from 2026 to 2033.
Revenue, 2025 (US$M)
$93.9
Forecast, 2033 (US$M)
$333.5
CAGR, 2026 - 2033
17.6%
Report Coverage
Canada

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Canada electronic shelf label market, 2021-2033 (US$M)

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Canada electronic shelf label market highlights

  • The Canada electronic shelf label market generated a revenue of USD 93.9 million in 2025 and is expected to reach USD 333.5 million by 2033.
  • The Canada market is expected to grow at a CAGR of 17.6% from 2026 to 2033.
  • In terms of segment, displays was the largest revenue generating component in 2025.
  • Displays is the most lucrative component segment registering the fastest growth during the forecast period.


Electronic shelf label market data book summary

Market revenue in 2025USD 93.9 million
Market revenue in 2033USD 333.5 million
Growth rate17.6% (CAGR from 2026 to 2033)
Largest segmentDisplays
Fastest growing segmentDisplays
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationDisplays, Batteries, Transceivers, Microprocessors
Key market players worldwideBOE Technology Group, Hangzhou ZKONG Network Co., Solum, Pricer AB Class B, Essae-teraoka, Displaydata, Opticon, RAINUS, Sunmi Technology, ComQi, Hanshow Technology, SUNLUX IOT Technology, Minewtag, Minew, Ynvisible Interactive, Delfi Ltd, InfoTek


Other key industry trends

  • In terms of revenue, Canada accounted for 4.5% of the global electronic shelf label market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. electronic shelf label market is projected to lead the regional market in terms of revenue in 2033.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 333.5 million by 2033.

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Electronic Shelf Label Market Companies

Name Profile # Employees HQ Website
InfoTek View profile 11-50 Hanover, Maryland, United States, North America http://infotekcorp.com
Ynvisible Interactive View profile 11-50 Vancouver, Alberta, Canada, North America http://www.ynvisible.com
Minew View profile 251-500 Shenzhen, Guangdong, China, Asia https://www.minew.com/
Minewtag View profile 101-250 Shenzhen, Guangdong, China, Asia https://www.minewtag.com
SUNLUX IOT Technology View profile 251-500 Guangzhou, Guangdong, China, Asia https://www.xl-scan.com
Hanshow Technology View profile 101-250 Jiaxing, Zhejiang, China, Asia https://www.hanshow.com/
ComQi View profile 51-100 New York, New York, United States, North America http://www.comqi.com
Sunmi Technology View profile 501-1000 Shanghai, Shanghai, China, Asia http://www.sunmi.com
RAINUS View profile 101-250 Seongnam, Kyonggi-do, South Korea, Asia http://www.rainus.co.kr
Opticon View profile 51-100 Hoofddorp, Noord-Holland, The Netherlands, Europe http://www.opticon.com
Displaydata View profile 51-100 Bracknell, Bracknell Forest, United Kingdom, Europe http://www.displaydata.com/
Hangzhou ZKONG Network Co. View profile 251-500 Hangzhou, Zhejiang, China, Asia https://www.zkong.com
Essae-teraoka View profile 501-1000 Bangalore, Karnataka, India, Asia http://www.essae.com
BOE Technology Group View profile 10001+ Beijing, Beijing, China, Asia http://boe.com.cn
Solum View profile 1-10 Sevilla, Andalucia, Spain, Europe https://www.solumpv.com/
Delfi Ltd View profile 6000 111 Somerset Road, No. 16-12, TripleOne Somerset, Singapore, Singapore, 238164 https://www.delfilimited.com
Pricer AB Class B View profile 209 P.O. Box 215, Stockholm, Sweden, SE-101 24 https://www.pricer.com

Canada electronic shelf label 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 electronic shelf label market will help companies and investors design strategic landscapes.


Displays was the largest segment with a revenue share of 49.63% in 2025. Horizon Databook has segmented the Canada electronic shelf label market based on displays, batteries, transceivers, microprocessors covering the revenue growth of each sub-segment from 2021 to 2033.


Canada’s ESL market is gaining traction due to rapid advancements in cloud computing, IoT, and AIdriven retail solutions. Retailers are increasingly utilizing IoT-enabled ESL systems to streamline inventory management, automate pricing, and enhance in-store efficiency. 

The country's strong digital infrastructure, coupled with widespread adoption of cloud-based platforms, allows seamless integration of ESLs with enterprise resource planning (ERP) and point-of-sale (POS) systems. Leading Canadian retailers, such as Loblaws and Sobeys, are investing in smart store solutions to improve operational efficiency and customer engagement. 

For instance, in December 2024, Sobeys, a major Canadian grocery chain, announced its plans to implement about 5 million ESLs across its stores by April 2026. This technology aims to enhance customer experience by allowing dynamic pricing adjustments and improving inventory management.

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada electronic shelf label market , including forecasts for subscribers. This country databook contains high-level insights into Canada electronic shelf label market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Canada electronic shelf label market size, by component, 2021-2033 (US$M)

Canada Electronic Shelf Label Market Outlook Share, 2025 & 2033 (US$M)

Canada electronic shelf label market size, by component, 2021-2033 (US$M)

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