| Product Code: ETC4798256 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada home heaters market experienced a negative Compound Annual Growth Rate (CAGR) of -1.47% from 2020 to 2024. However, there was a year-on-year growth rate of 3.14% in 2024, indicating a slight increase in imports during that year.

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 Home Heaters Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Home Heaters Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Home Heaters Market - Industry Life Cycle |
3.4 Canada Home Heaters Market - Porter's Five Forces |
3.5 Canada Home Heaters Market Revenues & Volume Share Segmentations, 2022 & 2032F |
3.6 Canada Home Heaters Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Canada Home Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in Canada |
4.2.2 Growing focus on home renovation and improvement projects |
4.2.3 Adoption of smart home technologies in residential heating systems |
4.3 Market Restraints |
4.3.1 High initial cost of installation and maintenance of home heaters |
4.3.2 Seasonal fluctuations in demand for heating solutions |
4.3.3 Stringent government regulations and energy efficiency standards |
5 Canada Home Heaters Market Trends |
6 Canada Home Heaters Market Segmentations |
6.1 Canada Home Heaters Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Canada Home Heaters Market Revenues & Volume, By Central Heat Furnaces, 2022-2032F |
6.1.3 Canada Home Heaters Market Revenues & Volume, By Boilers, 2022-2032F |
6.1.4 Canada Home Heaters Market Revenues & Volume, By Heat Pumps, 2022-2032F |
6.1.5 Canada Home Heaters Market Revenues & Volume, By Ductless Systems, 2022-2032F |
6.2 Canada Home Heaters Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Canada Home Heaters Market Revenues & Volume, By E-commerce, 2022-2032F |
6.2.3 Canada Home Heaters Market Revenues & Volume, By Retail, 2022-2032F |
6.2.4 Canada Home Heaters Market Revenues & Volume, By Others, 2022-2032F |
7 Canada Home Heaters Market Import-Export Trade Statistics |
7.1 Canada Home Heaters Market Export to Major Countries |
7.2 Canada Home Heaters Market Imports from Major Countries |
8 Canada Home Heaters Market Key Performance Indicators |
8.1 Average annual energy savings per household from using energy-efficient home heaters |
8.2 Percentage increase in smart home heating systems installations |
8.3 Number of home renovation permits issued in Canada |
8.4 Adoption rate of energy-efficient heating solutions in new residential constructions |
9 Canada Home Heaters Market - Opportunity Assessment |
9.1 Canada Home Heaters Market Opportunity Assessment Segmentations, 2022 & 2032F |
9.2 Canada Home Heaters Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Canada Home Heaters Market - Competitive Landscape |
10.1 Canada Home Heaters Market Revenue Share, By Companies, 2025 |
10.2 Canada Home Heaters 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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