Canada furnace filters market is projected cross $ 237 million by 2023, on account of growing concerns regarding the indoor air quality in offices as well as residential set-ups. Increasing incidences of airborne allergies, rising demand for furnaces from various end use industries to beat extreme cold during winters, and growing awareness regarding the timely change of furnace filters is anticipated to positively influence the country’s furnace filters market over the coming years. Rising industrialization and increasing sales of furnace filters through online platforms are among the other factors expected to boost furnace filter sales in the country during the forecast period.
Years Considered for this Report
Historical Years2013 – 2016
Base Year2017
Estimated Year2018
Forecast Period2019 – 2023
Objective of the Study
- The primary objective of the study was to evaluate and forecast furnace filters market in Canada.
- To categorize the market on the basis of type, category, end use and region.
- To identify major drivers, challenges and trends in Canada furnace filters market.
- To evaluate pricing analysis in Canada furnace filters market.
- To identify and profile top players operating in Canada furnace filters market.
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Some of the major players operating in Canada furnace filters market include Honeywell International, Inc., American Air Filter Company, Inc, Koch Filter Corporation, 3M Canada, Camfil (Canada) Inc., Norspec Filtration, Tri-Dim Filter Canada, Dafco Filtration Group Corporation, Modern Air Filter Corporation, and APC Filtration, Inc., among others.
To extract the data for Canada furnace filters market, primary research surveys were conducted with furnace filter suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, Market Insights Research analyzed various end user segments and projected a positive outlook for Canada furnace filters market over the coming years.
Market Insights Research calculated the size for Canada furnace filters market using a bottom-up approach, wherein manufacturers’ value sales data for standard applications (Household, Offices and restaurants) was recorded and forecast for the future years. Market Insights Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as World Bank, Government of Canada Construction Statistics, Canada Mortgage and Housing Corporation, Alberta Hotel & Lodging Association, US EPA, company annual reports, white papers, investor presentations and financial reports were also studied by Market Insights Research.
Key Target Audience
- Furnace filter manufacturers, distributors and other stakeholders
- Major end users of furnace filters
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as furnace filter manufacturers, customers and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.
