Canadian Household Furniture Market and Forecast |
The Canadian furniture market (at retail prices) has been advancing continuously since the third quarter of 2002. Growth stood at 9.4% in 2006. For 2007, we predict a slowdown to a rate of 5.3%, and for 2008 a rate in the 5.6% range. The size of the Canadian furniture market in 2006 stood at C$ 11,078 million (evaluated at retail prices) and if our growth predictions are correct, the market valuation will reach approximately C$ 11,667 million this year and C$ 12,324 million in 2008.
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