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Canada Leather Furniture Market - Industry Trends and Forecast To 2029

Report Code: 81679

Industry: Consumer Goods

Published On: 2022/07/22

Pages: 114

Publisher : Data Bridge Market Research

Canada leather furniture market is projected to register a 7.0% CAGR in the forecast period 2022 to 2029. The new market report contains data for the historic years 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029

Market Segmentation:
Canada Leather Furniture Market, By Category (Full Grain, Top Grain, Genuine, Bicast, Bonded, and Synthetic), Finish (Aniline, Semi-Aniline, Brush-Colored, Degrained, Die-Cut, Embossed, Handworked, Metallic, Nappa, Nubuck, Oily, Patent, Suede, Waxy, and Others), Product (Sofa, Chair, Bean Bags, Corner Sofa, Recliner, Stool, Ottoman, Pouf, Table, Foot Stools, and Others), Distribution Channel (E-Commerce, B2B, Third Party Distributors, and Others), Application (Residential and Commercial), Country (Canada) Industry Trends and Forecast to 2029
Some of the major factors contributing to the growth of the Canada leather furniture market are:

• The increasing disposable income of people
• Rise in the growth of the real estate industry

Market Players:

Some of the other players in the Canada leather furniture market are:
• Palliser Furniture
• B&B ITALIA SPA
• Inter IKEA Systems B.V.
• Natuzzi S.p.A.

Market Definition
Leather furniture is synthetic furniture that involves chairs, sofas, bean bags, recliners, tables, poufs, and stools, among others. They are in high demand due to increasing consumer preference for home decoration with the proper furniture. They are considered luxury furniture. Luxury furniture comprises moveable parts that display the best of exceptional craftsmanship and design from a specific era. High-quality leather furniture retains its shape and appearance for many years.
Market Segmentation
The Canada leather furniture market is categorized into five notable segments based on category, finish, product, distribution channel, and application.
• On the basis of category, the Canada leather furniture market is segmented into full grain, top grain, genuine, bicast, bonded, and synthetic
• On the basis of finish, the Canada leather furniture market is segmented into aniline, semi-aniline, brush-colored, degrained, die-cut, embossed, handworked, metallic, nappa, nubuck, oily, patent, suede, waxy, and others
• On the basis of product, the Canada leather furniture market is segmented into sofa, chair, bean bags, corner sofa, recliner, stool, ottoman, pouf, table, foot stools, and others
• On the basis of distribution channel, the Canada leather furniture market is segmented into e-commerce, B2B, third party distributors, and others
• On the basis of application, the Canada leather furniture market is segmented into residential and commercial

TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 OVERVIEW OF CANADA LEATHER FURNITURE MARKET 14
1.4 LIMITATION 15
1.5 MARKETS COVERED 15
2 MARKET SEGMENTATION 18
2.1 MARKETS COVERED 18
2.2 GEOGRAPHICAL SCOPE 19
2.3 YEARS CONSIDERED FOR THE STUDY 19
2.4 CURRENCY AND PRICING 19
2.5 DBMR TRIPOD DATA VALIDATION MODEL 20
2.6 DISTRIBUTION CHANNEL LINE CURVE 24
2.7 MULTIVARIATE MODELING 25
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 26
2.9 DBMR MARKET POSITION GRID 27
2.10 MARKET CONSUMER CATEGORY COVERAGE GRID 28
2.11 DBMR MARKET CHALLENGE MATRIX 29
2.12 DBMR VENDOR SHARE ANALYSIS 30
2.13 IMPORT-EXPORT DATA 31
2.14 SECONDARY SOURCES 32
2.15 ASSUMPTIONS 32
3 EXECUTIVE SUMMARY 33
4 PREMIUM INSIGHTS 35
4.1 BRAND COMPARATIVE ANALYSIS 38
4.2 FACTORS INFLUENCING BUYING DECISION 39
4.3 PESTLE ANALYSIS 41
4.4 PORTER’S FIVE FORCES: 42
4.5 PRODUCT ADOPTION CRITERIA 44
4.5.1 OVERVIEW 44
4.5.1.1 PRODUCT AWARENESS 45
4.5.1.2 PRODUCT INTEREST 45
4.5.1.3 PRODUCT EVALUATION 45
4.5.1.4 PRODUCT TRIAL 45
4.5.1.5 PRODUCT ADOPTION 45
4.5.1.6 CONCLUSION 45
4.6 CONSUMERS BUYING BEHAVIOUR 46
4.6.1 OVERVIEW 46
4.6.1.1 COMPLEX BUYING BEHAVIOR 46
4.6.1.2 DISSONANCE-REDUCING BUYING BEHAVIOR 47
4.6.1.3 HABITUAL BUYING BEHAVIOR 47
4.6.1.4 VARIETY SEEKING BEHAVIOR 47
4.6.1.5 CONCLUSION 47
5 LEATHER FURNITURE MARKET 48
5.1 CANADA 48
6 MARKET OVERVIEW 49
6.1 DRIVERS 51
6.1.1 THE RISE IN THE CONSUMER PREFERENCE FOR HOME DECORATION 51
6.1.2 THE RISE IN LEVEL OF DISPOSABLE INCOME OF PEOPLE AND CONTINUOUS CHANGING LIFESTYLE 51
6.1.3 SHIFT IN INCLINATION TOWARD LUXURY PRODUCTS AMONG CONSUMERS 52
6.1.4 UPSURGE IN THE STRONG DEMAND FOR VARIOUS END-USE INDUSTRIES SUCH AS RESIDENTIAL AND COMMERCIAL 53
6.2 RESTRAINT 53
6.2.1 FLUCTUATION IN THE PRICES OF RAW MATERIALS 53
6.3 OPPORTUNITIES 54
6.3.1 INCREASE IN THE GROWTH OF THE REAL ESTATE INDUSTRY 54
6.3.2 INFLUENCE OF SOCIAL MEDIA AND RISING ADOPTION RATE OF NEW TECHNOLOGIES AND MATERIALS 54
6.4 CHALLENGE 55
6.4.1 HIGH COST OF LEATHER FURNITURE IS NOT SUITABLE FOR PEOPLE WHO PREFER TO RENT 55
7 CANADA LEATHER FURNITURE MARKET, BY CATEGORY 57
7.1 OVERVIEW 58
7.2 FULL GRAIN 60
7.3 TOP GRAIN 60
7.4 GENUINE 60
7.5 BICAST 60
7.6 BONDED 60
7.7 SYNTHETIC 61

8 CANADA LEATHER FURNITURE MARKET, BY FINISH 62
8.1 OVERVIEW 63
8.2 ANILINE 66
8.3 SEMI-ANILINE 66
8.4 BRUSH-COLORED 67
8.5 DEGRAINED 67
8.6 DIE-CUT 67
8.7 EMBOSSED 67
8.8 HANDWORKED 67
8.9 METALLIC 68
8.10 NAPPA 68
8.11 NUBUCK 68
8.12 OILY 68
8.13 PATENT 68
8.14 SUEDE 69
8.15 WAXY 69
8.16 OTHERS 69
9 CANADA LEATHER FURNITURE MARKET, BY PRODUCT 70
9.1 OVERVIEW 71
9.2 SOFA 74
9.3 CHAIR 74
9.4 BEAN BAGS 74
9.5 CORNER SOFA 74
9.6 RECLINER 74
9.7 STOOL 75
9.8 OTTOMAN 75
9.9 POUF 75
9.10 TABLE 75
9.11 FOOT STOOL 75
9.12 OTHERS 76

10 CANADA LEATHER FURNITURE MARKET, BY APPLICATION 77
10.1 OVERVIEW 78
10.2 RESIDENTIAL 79
10.3 COMMERCIAL 79
10.3.1 COMMERCIAL, BY APPLICATION 79
10.3.1.1 HOTELS 80
10.3.1.2 RESORTS 80
10.3.1.3 UNIVERSITY 80
10.3.1.4 HOSPITAL 80
10.3.1.5 PUBLIC OFFICES 81
10.3.1.6 RESTAURANTS 81
10.3.1.7 PRIVATE OFFICES 81
10.3.1.8 SHOPPING MALLS 81
10.3.1.9 OTHERS 82
11 CANADA LEATHER FURNITURE MARKET, BY DISTRIBUTION CHANNEL 83
11.1 OVERVIEW 84
11.2 B2B 86
11.3 THIRD PARTY DISTRIBUTORS 86
11.4 E-COMMERCE 86
11.5 OTHERS 86
12 EUROPE LEATHER FURNITURE MARKET, COMPANY LANDSCAPE 87
12.1 COMPANY SHARE ANALYSIS: CANADA 87
12.1.1 NEW PRODUCT DEVELOPMENT 88
13 SWOT ANALYSIS 89
14 COMPANY PROFILES 90
14.1 LA-Z-BOY INCORPORATED 90
14.1.1 COMPANY SNAPSHOT 90
14.1.2 REVENUE ANALYSIS 91
14.1.3 PRODUCT PORTFOLIO 91
14.1.4 RECENT UPDATE 92
14.2 B&B ITALIA SPA 93
14.2.1 COMPANY SNAPSHOT 93
14.2.2 PRODUCT PORTFOLIO 93
14.2.3 RECENT DEVELOPMENTS 95

14.3 INTER IKEA SYSTEMS B.V. 96
14.3.1 COMPANY SNAPSHOT 96
14.3.2 REVENUE ANALYSIS 96
14.3.3 PRODUCT PORTFOLIO 97
14.3.4 RECENT DEVELOPMENT 97
14.4 NATUZZI S.P.A. 98
14.4.1 COMPANY SNAPSHOT 98
14.4.2 REVENUE ANALYSIS 98
14.4.3 PRODUCT PORTFOLIO 99
14.4.4 RECENT UPDATE 100
14.5 DOMICILE FURNITURE 101
14.5.1 COMPANY SNAPSHOT 101
14.5.2 PRODUCT PORTFOLIO 101
14.5.3 RECENT DEVELOPMENTS 101
14.6 DURESTA 102
14.6.1 COMPANY SNAPSHOT 102
14.6.2 PRODUCT PORTFOLIO 102
14.6.3 RECENT DEVELOPMENTS 102
14.7 NELLA VETRINA 103
14.7.1 COMPANY SNAPSHOT 103
14.7.2 PRODUCT PORTFOLIO 103
14.7.3 RECENT DEVELOPMENTS 104
14.8 NORWALK 105
14.8.1 COMPANY SNAPSHOT 105
14.8.2 PRODUCT PORTFOLIO 105
14.8.3 RECENT DEVELOPMENT 107
14.9 PALLISER FURNITURE 108
14.9.1 COMPANY SNAPSHOT 108
14.9.2 PRODUCT PORTFOLIO 108
14.9.3 RECENT DEVELOPMENTS 108
14.10 ROWE FURNITURE 109
14.10.1 COMPANY SNAPSHOT 109
14.10.2 PRODUCT PORTFOLIO 109
14.10.3 RECENT DEVELOPMENTS 109
15 QUESTIONNAIRE 110
16 RELATED REPORTS 114