| Product Code: ETC6658581 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Canada induction hobs market witnessed a steady increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) for this period was 6.88%. Notably, the year-on-year growth rate for 20232024 stood at 5.70%, indicating a consistent upward trend in import volumes during these years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Induction Hobs Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Induction Hobs Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Induction Hobs Market - Industry Life Cycle |
3.4 Canada Induction Hobs Market - Porter's Five Forces |
3.5 Canada Induction Hobs Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Induction Hobs Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
3.7 Canada Induction Hobs Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Induction Hobs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for energy-efficient and technologically advanced kitchen appliances |
4.2.2 Growing awareness about the benefits of induction cooking in terms of safety, efficiency, and speed |
4.2.3 Rising disposable income levels and changing lifestyle preferences leading to higher demand for premium kitchen appliances |
4.3 Market Restraints |
4.3.1 Higher initial cost compared to traditional gas or electric cooktops may limit adoption among price-sensitive consumers |
4.3.2 Limited availability of compatible cookware designed for induction hobs in the market |
4.3.3 Lack of awareness and understanding about induction cooking technology among a segment of the population |
5 Canada Induction Hobs Market Trends |
6 Canada Induction Hobs Market, By Types |
6.1 Canada Induction Hobs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Induction Hobs Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Canada Induction Hobs Market Revenues & Volume, By Freestanding, 2022-2032F |
6.1.4 Canada Induction Hobs Market Revenues & Volume, By Portable Induction Cooktops, 2022-2032F |
6.1.5 Canada Induction Hobs Market Revenues & Volume, By Build - In, 2022-2032F |
6.2 Canada Induction Hobs Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Canada Induction Hobs Market Revenues & Volume, By Home Centres, 2022-2032F |
6.2.3 Canada Induction Hobs Market Revenues & Volume, By Speciality Stores, 2022-2032F |
6.2.4 Canada Induction Hobs Market Revenues & Volume, By Online, 2022-2032F |
6.2.5 Canada Induction Hobs Market Revenues & Volume, By Other, 2022-2032F |
6.3 Canada Induction Hobs Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Induction Hobs Market Revenues & Volume, By Household, 2022-2032F |
6.3.3 Canada Induction Hobs Market Revenues & Volume, By Commercial, 2022-2032F |
7 Canada Induction Hobs Market Import-Export Trade Statistics |
7.1 Canada Induction Hobs Market Export to Major Countries |
7.2 Canada Induction Hobs Market Imports from Major Countries |
8 Canada Induction Hobs Market Key Performance Indicators |
8.1 Average time spent on cooking per household |
8.2 Number of new residential constructions or kitchen renovations incorporating induction hobs |
8.3 Energy consumption patterns in households adopting induction cooking technology |
9 Canada Induction Hobs Market - Opportunity Assessment |
9.1 Canada Induction Hobs Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Induction Hobs Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
9.3 Canada Induction Hobs Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Induction Hobs Market - Competitive Landscape |
10.1 Canada Induction Hobs Market Revenue Share, By Companies, 2025 |
10.2 Canada Induction Hobs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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