Retail sales of jewelry, luggage and leather goods stores in Canada 2012-2021
Jewelry and leather goods in Canada - additional information
Retail sales of jewelry, luggage and leather goods stores hovered around the three billion Canadian dollar mark between 2012 and 2016, and have increased to around 3.5 billion Canadian dollars since then. Most of this revenue comes from dealers in Ontario, according to Statistics Canada. In contrast, jewelry, luggage and leather goods retailers in the United States generated an estimated 33.86 billion U.S. dollars ) in retail sales in 2020, a lot more than their Canadian counterparts.
Canada’s most populated provinces, Ontario and Quebec, were prime locations for jewelers in 2020, accommodating 1,040 and 607 jewelry stores respectively. The vast majority of Canadian jewelry retailers were micro- and small business operations with less than one hundred employees. According to Euromonitor International, the leading jewelry retailers in Canada in 2014 were Zale Canada Inc, Tiffany & Co. Canada and Birks Group Inc.
In 2020, trade was heavily affected by the coronavirus pandemic. Monthly sales of leather goods manufacturers in Canada ranged from 6 million Canadian dollars to 17 million Canadian dollars, with April the lowest point.