Canada Headphones Market Report and Forecast 2024-2032

Canada Headphones Market Size

The Canada headphones market reached around USD 279.18 million in 2023. The market is projected to grow at a CAGR of 3.8% between 2024 and 2032, reaching almost USD 390.92 million by 2032.

Canada Headphones Market Outlook

• British Colombia is expected to become one of the key regions for headphone manufacturers.

• The introduction of new Bluetooth technologies is expected to drive the market expansion.

• Brain computer interface technology is expected to drive the popularity of modern headphone designs over the forecast period.

Canada Headphones Market Growth

Globally, the audio segment of consumer electronics products has become popular among buyers aged 16-24 years, amid emerging fashion trends. Between 2021 and 2023, earphone purchases from such a consumer base increased from 15% to 26%, with wireless headband earphones witnessing a huge surge in popularity. Over the forecast period, such trends are expected to drive the market for headphones in Canada.

The rising prevalence of work-from-home models is expected to drive the demand for high-quality earbuds with active noise cancellation features to create a peaceful working environment.

The use of recycled plastic and metal waste is expected to become crucial for headphone manufacturers in order to enhance the consumer appeal for their products and promote the development of a circular economic model of growth.

The proliferation of online distribution channels is expected to play a critical role in driving headphone sales in Canada. This is because they are easily accessible through consumer’s mobile phones and laptops, and result in significant time and cost savings for them. Doorstep deliveries and guaranteed refunds for defective products build consumer confidence for making purchases, thereby driving the market growth.

Canada Headphones Industry Segmentation

Canada Headphones Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Wired

• Wireless

Market Breakup by Application

• Fitness

• Gaming

• Virtual Reality

• Music and Entertainment

Market Breakup by Distribution Channel

• Online

• Offline

Market Breakup by Region

• British Columbia

• Alberta

• The Prairies

• Central Canada

• Atlantic Canada

Canada Headphones Market Share

Based on application, the market is divided into fitness, gaming, virtual reality, and music and entertainment, among others. Over the forecast period, virtual reality is expected to emerge as one of the leading segments, as consumer adoption of AR/VR technologies increases.

Leading Companies in the Canada Headphones Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• Samsung Electronics Co. Ltd. (Harman International Industries, Inc.)

• Sony Group Corp.

• Panasonic Holdings Corp.

• Apple Inc.

• Koninklijke Philips N.V.

• Yamaha Corp.

• Grado Labs, Inc.

• Skullcandy Inc.

• Bose Corp.

• Shure Incorporated

• Others

Apple Inc. and Samsung are expected to remain the most prominent manufacturers and sellers of headphones, among other consumer electronics products, in Canada.

Key Highlights of the Report