eCommerce: Top 5 Online Stores
Top 5 Electrical Appliances Online Stores in Canada by Net Sales 2023
Which online store dominates the Canadian Electrical Appliances market with over US$1 billion in net sales in 2023? Explore the top performer in this competitive eCommerce sector.
Article by Stefanie Eden | June 10, 2024Top 5 Electrical Appliances Online Stores in Canada by Net Sales 2023
Which eCommerce Stores Lead in the Canadian Electrical Appliances Market by Net Sales in 2023?
In 2023, the Canadian Electrical Appliances market experienced notable net sales figures from its top five online stores. Topping the list, amazon.ca led with a substantial net sales amount of US$1,125.9 million, solidifying its position as a dominant force in the market. Following closely behind, homedepot.ca secured net sales of US$452.1 million, establishing itself as a significant player in the Electrical Appliances segment. Claiming the third spot, walmart.ca reported net sales totaling US$417.5 million, showcasing its strong presence and competitive standing in the eCommerce landscape. In the fourth position, bestbuy.ca demonstrated a commendable performance with net sales reaching US$189.2 million, further solidifying its position in the market. Lastly, wayfair.ca rounded out the top five with net sales of US$139.7 million, highlighting its reputation as a reliable retailer for Electrical Appliances. The varying net sales figures among these top online stores reflect diverse market strategies, consumer preferences, and product offerings, painting a picture of a competitive eCommerce environment in Canada's Electrical Appliances sector.
Main Facts: Top 5 Online Electrical Appliances Stores in Canada by Net Sales 2023
- Amazon.ca leads the top 5 online Electrical Appliances stores in Canada by net sales in 2023 with US$1,125.9 million.
- Homedepot.ca follows behind Amazon.ca with US$452.1 million in net sales.
- Walmart.ca, Bestbuy.ca, and Wayfair.ca are trailing behind with US$417.5 million, US$189.2 million, and US$139.7 million in net sales, respectively.
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