Direct Selling Companies in Canada - Industry Market Research Report

Direct Selling Companies in Canada - Industry Market Research Report
Direct Selling Companies in Canada

Direct selling companies have grown in recent years because of overall economic growth. Rising consumer spending, disposable income levels, consumer confidence and internet connectivity have served to contribute to industry expansion. The spread of COVID-19 benefited direct selling companies as it became easier to connect with consumers and businesses with more leisure time. Revenue is expected to climb at a CAGR of 3.4% to $5.0 billion through the end of 2023, including growth of 1.8% in 2023 alone when profit will account for 21.0% of revenue.

Operators in the Direct Selling Companies industry in Canada sell a product or service from person to person, away from a fixed retail location. Retailers in the industry are known as independent consultants, distributors or representatives. Sales are usually made at home parties and workplaces, in street-corner carts or by door-to-door marketing. However, direct sellers of either fuel or food for immediate consumption are excluded from this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.