Canada experienced multiple heat warnings during the summer of 2023, elevating the risk of heat-related illnesses. Additionally, the resurgence of El Nino brought about warmer weather, surpassing temperatures of the past seven years.
Forecasts indicate weakened consumer spending in the first half of 2024 due to soaring interest rates, pressuring consumers to curtail discretionary spending. Increased borrowing has added strain, compelling individuals to cut back on non-essential expenditures to service their debts.
Consumers are increasingly conscious of energy efficiency and environmental conservation. They show a willingness to invest more in appliances that are energy-efficient and boast a reduced carbon footprint.
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Understand the latest market trends and future growth opportunities for the Air Treatment Products industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Air Treatment Products industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Air Treatment Products
This category includes all cooling (window, room and split air conditioners, desk fans, standing fans, tower fans, air coolers and ceiling fans), dehumidifiers, humidifiers, air purifiers.
See All of Our DefinitionsThis report originates from Passport, our Air Treatment Products research and analysis database.
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