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The Canada retail market was valued at USD 795.57 Billion in 2024. The market is further projected to grow at a CAGR of 4.90% between 2025 and 2034, reaching a value of USD 1283.61 Billion by 2034.
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TwitterIn 2023, retail trade sales in Canada amounted to approximately *** billion Canadian dollars, up from ***** billion recorded a year earlier. Retail in Canada The Canadian retail trade industry constantly grew between 2012 and 2019. In that year retail trade sales increased by *** percent from 2018. In 2020, however, sales decreased by nearly *** percent amidst the coronavirus (COVID-19) pandemic. Motor vehicle and parts dealers retail sales declined nearly **** percent in 2020, while new car dealers, which accounted for about ** percent of total retail sales, declined nearly ** percent. In contrast, retail sales in other sectors such as supermarkets, and building material and garden equipment suppliers were impacted positively in 2020. Sales at supermarkets and other grocery stores increased nearly ** percent as they were essential at the start of the pandemic. On the other hand, with consumers spending more time at home, sales at building material and garden equipment suppliers grew significantly. The year-over-year change was around ** percent in 2020, but the month-over-month change increased by nearly ** percent in December 2020 against December 2019.
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Total retail sales in Canada represents the aggregate value of goods sold through retail channels, measured in billions of Canadian dollars. This includes sales across all retail subsectors such as food and beverage stores, motor vehicle and parts dealers, clothing and accessories, furniture and home furnishings, electronics, building materials, gasoline stations, health and personal care, and general merchandise stores. Data encompasses both brick-and-mortar and e-commerce transactions. Data is sourced from Statistics Canada's Monthly Retail Trade Survey and is presented in chained 2017 dollars.
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TwitterThe statistic shows the gross domestic product (GDP) at basic prices for the Canadian retail trade industry between January 2015 and November 2024, in billion Canadian dollars. In November 2024, the GDP for the retail trade sector stood at around *** billion Canadian dollars.
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TwitterRetail Trade, sales by industries based on North American Industry Classification System (NAICS), monthly.
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Retail Sales in Canada increased 3.40 percent in September of 2025 over the same month in the previous year. This dataset provides - Canada Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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In Canada Retail Market is projected to grow from USD 2.3 trillion in 2025 to USD 3.7 trillion by 2031, at a CAGR of 8.2%
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View monthly updates and historical trends for Canada Real GDP by Industry: Retail Trade. Source: Statistics Canada. Track economic data with YCharts anal…
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TwitterIn 2024, retail e-commerce in Canada was forecast to generate over **** billion U.S. dollars in revenues. According to estimates, this figure is projected to increase to *** billion U.S. dollars by 2029. Successful e-commerce segments in Canada Canada's booming e-commerce sector owes more than half of its retail sales to two particularly lucrative segments: fashion and electronics, which captured ** and ** percent of all e-commerce retail sales in Canada in 2022, respectively. With nearly ** billion U.S. dollars in e-commerce net sales, Amazon was the leading online store in Canada in 2021, outperforming competitors like Walmart and Costco by an impressive margin. Ranking second, walmart.ca generated around **** billion U.S. dollars in e-commerce net sales that year. Fashion leads the way Fashion proved to be a successful e-commerce segment in many countries around the world, and Canada was no exception, as the most popular online stores in the fashion segment raked in millions of dollars in e-commerce net sales, led by gapcanada.ca with *** million U.S. dollars in 2021. Like many other countries in the world, Canada's fashion e-commerce sector was also disrupted by a Chinese newcomer that catapulted itself to the centerstage of the fast fashion world: Shein was the most downloaded fashion and beauty shopping app in Canada in June 2022, with its ******* monthly downloads overshadowing those of competitors. In comparison, long-established fast fashion titan Zara only amassed ****** downloads that same month.
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TwitterRetail trade, sales, Canada, provinces, territories and specific Census Metropolitan Areas based on the North American Industry Classification System (NAICS), monthly.
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“Canada: Retail – Market Shares, Summary & Forecasts to 2023” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Canada retail environment. In addition, it analyzes the key consumer trends influencing Canada retail industry: Read More
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Canada's smart retail industry is projected to grow at a 25.31% CAGR from 2025 to 2030, fueled by technological integration and an increasing focus on consumer-centric retail solut
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TwitterRetail Trade, e-commerce sales, Canada, by industries based on North American Industry Classification System (NAICS), monthly.
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Key information about Canada Retail Sales Growth
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TwitterThis statistic shows the number of employees of the retail trade industry in Canada from 2008 to 2024. There were approximately 2.2 million retail trade employees in Canada in 2024, a slight decrease compared to the previous year.
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TwitterThis table contains 7 series, with data for years 1991 - 2004 (not all combinations necessarily have data for all years), and was last released on 2004-05-25. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Retail trade sectors (7 items: Total retail; all stores;Automotive;General merchandise stores;Food ...).
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This table contains 99 series, with data for years 1998 - 2009 (not all combinations necessarily have data for all years), and was last released on 2010-07-16. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Retail commodity classification (11 items: Total commodities;Food and beverages;Health and personal care products;Clothing; footwear and accessories ...), Retail trade sector (9 items: Total retail trade; all stores;Building and outdoor home supplies stores;Automotive;Furniture; home furnishings and electronics stores ...).
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Canada's electronics and appliances retail industry faces mounting revenue challenges from multiple converging market forces, with the sector experiencing a 2.8% CAGR decline over the current period and projecting a 0.8% decrease in 2025, resulting in current revenue of $15.7 billion. The industry's deteriorating performance reflects intense competitive pressures that have systematically eroded electronics pricing, as consumers enjoy declining costs for smartphones, laptops and televisions while retailers confront increasingly compressed profit margins on commodity electronics and standard appliances. Revenue erosion has accelerated due to e-commerce platforms capturing market share during the pandemic, manufacturers implementing direct-to-consumer strategies that circumvent traditional retail intermediaries and evolving consumer behavior patterns marked by extended product replacement cycles and heightened price consciousness. Industry consolidation and strategic partnerships have emerged as key survival strategies, exemplified by the transformative Best Buy Canada and Bell Canada alliance that converted 165 The Source stores into Best Buy Express locations throughout 2024, creating hybrid retail environments combining electronics expertise with telecommunications services. This partnership demonstrates how retailers are leveraging cross-industry collaboration to access new customer bases and revenue streams, while traditional players like The Brick and Leon's face intensified competition from integrated service offerings they cannot replicate individually. Supply chain restructuring has become essential as US tariff implementations force retailers to diversify sourcing beyond traditional Chinese and American networks, establishing direct relationships with manufacturers in South Korea, Mexico and Vietnam while investing in sophisticated inventory management systems. The industry’s operational framework is further complicated by the need for substantial digital infrastructure investments, as retailers must develop omnichannel capabilities including same-day delivery, virtual demonstrations and mobile applications to compete against pure-play e-commerce platforms. The industry faces a projected 0.7% CAGR decline through 2030, with revenues expected to reach $15.2 billion by the end of the outlook period. This decline will be exacerbated by continued downward pressure on electronics prices as technological advances and global competition further commoditize consumer devices. Contributing to this challenging environment, manufacturers are expected to expand direct-to-consumer platforms, offering exclusive configurations and personalized service, forcing traditional retailers to develop stronger value propositions. Meanwhile, the integration of AI-enhanced devices may potentially accelerate technology replacement cycles. Simultaneously, Canada's aging population demographics will drive demand for accessible technology featuring voice-controlled systems and health-monitoring capabilities, requiring retailers to develop specialized expertise and patient customer service approaches.
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The Family Clothing Stores industry in Canada has shown signs of robust performance. The industry, a cornerstone for Canadian families seeking diversity and affordability, has navigated challenges brought on by external factors, including economic fluctuations and changing consumer demands. Despite these hurdles, the industry has demonstrated resilience, driven by a growing appetite for convenience and one-stop shopping. With an increasing focus on e-commerce, many family clothing retailers are strategically expanding their online presence, which has become a critical component for sustained growth. Family clothing stores' revenue has hiked at a CAGR of 2.0% over the past five years and is expected to total $22.5 billion in 2025, when revenue will hike by an estimated 0.5%. Retailers have experienced a mixed bag of performance shaped by various external pressures. Initially, the industry faced declines because of economic downturns and heightened competition from global retailers. However, mid-way through the five-year period, there was a noticeable shift as Canadian retailers began adopting advanced technology and better data analytics to understand consumer behaviour. This period also saw a significant push towards sustainable and eco-friendly fashion, aligning with consumer preferences. As a result, many local retailers managed to carve out a niche, gaining consumer trust and loyalty and subsequently stabilizing sales figures. As the Canadian economy continues to recover, disposable incomes are expected to rise, further boosting sector performance. However, the upcoming removal of most retaliatory tariffs on US goods, effective September 1, 2025, will intensify competition for family clothing stores in Canada. This change will lower import costs and enable international retailers to offer trend-driven fashion at more accessible price points. Small retailers may feel pressure on profit and need to differentiate through unique assortments, customer loyalty initiatives and by highlighting Canadian-made apparel. Simultaneously, technologies like AI-driven personalization, augmented reality fitting rooms and seamless omnichannel platforms are becoming industry standards, necessitating that retailers invest in digital innovation to remain competitive. Over the next five years, revenue will inflate at a CAGR of 3.5% to reach an estimated $26.7 billion in 2030.
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Small area retail trade estimates (SARTRE) is a system of developing user-defined tabulations of retail sales and number of locations as low as five-digit North American Industry Classification System (NAICS), for incorporated retailers with forward sortation area (FSA) levels of geographical detail. These data are derived by integrating survey data on chain stores with tax data (for non-chain retailers). As this database includes all incorporated retailers, it is possible to generate tabulations based on user-defined geographical areas, defined by a collection of six-digit postal codes. Data on a NAICS industry basis are available for the 1999 and 2000 reference years. Users should be aware that the data are for incorporated businesses only. Also, the chain location file contains businesses with four or more locations. Businesses with three or fewer locations will be deemed to be a single store, located at the address indicated on its corporate tax (T2) form.
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The Canada retail market was valued at USD 795.57 Billion in 2024. The market is further projected to grow at a CAGR of 4.90% between 2025 and 2034, reaching a value of USD 1283.61 Billion by 2034.