The United States is the clear leader when it comes to the size of furniture markets worldwide. After the United Kingdom and Germany, Canada comes fourth in the ranking, with a revenue of just over 41 billion U.S dollars recorded in 2017. The gross domestic product of furniture and related product manufacturing has steadily increased since 2014 in Canada, reaching around 4.4 billion Canadian dollars by 2017. Furniture manufacturing is a big part of Canada’s economy, with many jobs created along the chain of production. Ontario had 2,732 furniture manufacturing establishments in 2016, the highest number in Canada, followed closely by Quebec with 2,443 stores.
Leon’s Furniture opened their first store in 1909 in the Canadian province of Ontario, and today is a major retailer in the furniture market in whole of Canada and operates 125 stores in Ontario. Despite retail sales of furniture sales decreasing by 2.2 percent from 2016 to 2017, the revenue of Leon’s Furniture has steadily grown year on year since 2013. The same can be said of furniture and home furnishing stores in Canada as a whole, with retail sales rising year on year to around 18.55 billion Canadian dollars in 2017.
As retail sales of furniture have grown in Canada, the export value of furniture and fixtures has decreased monthly. In January 2018, Canada exported around 498 million Canadian dollars worth of furniture, a decrease of just over 50 million from January of the previous year, signaling a shift in focus towards the domestic market.