Canada Luxury Fabric Market Size & Outlook, 2023-2030
Canada luxury fabric market, 2018-2030 (US$M)
Related Markets
Canada luxury fabric market highlights
- The Canada luxury fabric market generated a revenue of USD 139.8 million in 2023 and is expected to reach USD 343.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 13.7% from 2024 to 2030.
- In terms of segment, interior was the largest revenue generating type in 2023.
- Exterior is the most lucrative type segment registering the fastest growth during the forecast period.
Luxury fabric market data book summary
| Market revenue in 2023 | USD 139.8 million |
| Market revenue in 2030 | USD 343.3 million |
| Growth rate | 13.7% (CAGR from 2023 to 2030) |
| Largest segment | Interior |
| Fastest growing segment | Exterior |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Interior, Exterior |
| Key market players worldwide | Sanderson Design Group PLC Ordinary Shares, Castellum AB, Lvmh Moet Hennessy Louis Vuitton SE, Ermenegildo Zegna NV, Jim Thompson Fabrics, Pierre Frey, The Romo Group, Kravet, Perennials and Sutherland, De Le Cuona |
Other key industry trends
- In terms of revenue, Canada accounted for 3.7% of the global luxury fabric market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. luxury fabric 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 343.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Luxury Fabric Market Scope
Luxury Fabric Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada luxury fabric 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 luxury fabric market will help companies and investors design strategic landscapes.
Interior was the largest segment with a revenue share of 65.52% in 2023. Horizon Databook has segmented the Canada luxury fabric market based on interior, exterior covering the revenue growth of each sub-segment from 2018 to 2030.
Despite the challenges posed by the pandemic, luxury retail in Canada continues to thrive, driven by an affluent consumer base eager to make purchases. Some luxury brands reported higher sales during the pandemic and lockdowns, attributing this success to their proactive adoption of digital sales channels.
As a response to the growing demand for in-store experiences, companies are now focusing on expanding their physical store presence in Canada, appealing to avid luxury shoppers in the country. Luxury goods company Ralph Lauren Corporation announced its expansion in Canada in September 2023 with the opening of its first Ralph Lauren store and a dedicated internet commerce platform.
The new store, which bolsters the company's current wholesale and outlet presence in the region, recently opened its doors in Toronto's Yorkdale Shopping Centre.
Reasons to subscribe to Canada luxury fabric market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada luxury fabric market databook
-
Our clientele includes a mix of luxury fabric market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada luxury fabric market , including forecasts for subscribers. This country databook contains high-level insights into Canada luxury fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada luxury fabric market size, by type, 2018-2030 (US$M)
Canada Luxury Fabric Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
