2024
8
Canadian Lifestyles Consumer Report 2024
2024-04-25T19:02:13+01:00
REP76FA3567_5538_4973_A505_66F5C45D166E
4995
172650
[{"name":"Consumer Insights","url":"https:\/\/store.mintel.com\/industries\/consumer-insights"}]
Report
en_GB
Home is where the heart is – but home is getting smaller and costlier. Housing affects the entire market, meaning all companies should consider its implications.Scott Stewart, Associate Director,…
  1. /
  2. All Industries
  3. /
  4. Consumer Insights
  5. /
  6. Canadian Lifestyles Consumer Report 2024

Canadian Lifestyles Consumer Report 2024

Reports - What's Included
  • Interactive Databook
  • Multiple Report Formats
  • Access to Clients Portal
  • Custom Presentation Tool

Home is where the heart is – but home is getting smaller and costlier. Housing affects the entire market, meaning all companies should consider its implications.

Scott Stewart, Associate Director, Lifestyles & Retail

Collapse All
    • Key issues covered in this Report
  1. Executive summary

    • The markets
    • The consumer
  2. Canada Today – The People

    • Graph 1: population by generation, 2023
    • Graph 2: total fertility rate (number of children per woman), 1992-2022
    • Graph 3: population projections, by growth scenario, 2025-65
    • Graph 4: % of population by generation in Canada, 2021
    • Graph 5: homeownership rate, by age, 2011-21
    • Graph 6: 18-34s relationship status, by home ownership status, 2024
  3. Canada Today – The Economy

    • Graph 7: quarterly GDP growth at market prices, 2021-23
    • Graph 8: CPI inflation (year over year percentage change), 2019-24
    • Graph 9: unemployment rate (seasonally adjusted), 2020-24
    • Graph 10: policy interest rate, by month, 2022-24
    • Graph 11: debt servicing – interest vs principal, 2018-23
    • Graph 12: new house price index (December 2016=100), 2004-24
    • Graph 13: housing completion estimates, single-detached vs multiple, 2003-22
    • Graph 14: average monthly rental rate price of a two-bedroom home ($), by province, 2022-23
    • Graph 15: distribution of average household wealth, by wealth quintile, Q3 2023
  4. The Market – Overview

    • Graph 16: total consumer expenditure ($ bn), at current prices, 2023
    • Graph 17: total household expenditure (2017 constant prices), 2019-23
  5. Category Reviews

    • Housing
    • Personal finances
    • In-home food
    • Drinks
    • Technology and communications
    • Leisure and entertainment
    • Household care
    • Beauty and personal care
  6. Consumer Insights

    • Consumer fast facts
    • Consumer fast facts (continued)
    • Where people live today
    • Graph 18: live in a single-detached house, by generation, time in Canada and race, 2024
    • Graph 19:
    • Graph 20: live in a single-detached house, by household income and home ownership status, 2024
    • Graph 21: home size, by type of home (NET), 2024
    • Graph 22: perceptions of home space, by type of home (NET), 2024
    • Graph 23: "My home feels too small," by generation, time in Canada and race, 2024
    • Graph 24: dog and cat ownership, by type of home (NET), 2024
    • Housing finances
    • Graph 25: share of net income spent on mortgage/rent, 2024
    • Graph 26: share of net income spent on mortgage/rent, by generation, 2024
    • Graph 27: spend 41% or more of net income on mortgage/rent, by household income, home ownership status and type of home (NET), 2024
    • How space is used at home
    • Graph 28: activities in the bedroom – video content, by generation, 2024
    • Graph 29: activities in the bedroom – eating, by generation, 2024
    • Graph 30: activities in the bedroom, by household size, 2024
    • Graph 31: activities in the basement, by type of home (NET), 2024
    • Graph 32: host/socialize with guests in the kitchen, by gender, age, race and household income, 2024
    • Extra space and amenities at home
    • Graph 33: home amenities, 2024
    • Graph 34: home amenities, by home ownership status, 2024
    • Graph 35: home amenities, by age, 2024
    • Graph 36: social media sites visited daily, by age, 2024
    • Graph 37: home amenities, by race, 2024
    • Graph 38: home amenities, by time in Canada, 2024
    • Graph 39: "I wish I had more storage space at home," by home amenities, 2024
    • Movers and their reasons for moving
    • Graph 40: moving expectations in the next three years, 2024
    • Graph 41: expect to move within the next three years, by age, 2024
    • Graph 42: expect to move within the next three years, by race and time in Canada, 2024
    • Graph 43: reasons for moving, by age, 2024
    • Graph 44: expect to move within the next three years, by type of home (NET), 2024
    • Graph 45: reasons for moving – upsizing, by type of home (NET), 2024
    • Non-movers and their reasons for staying put
    • Graph 46: expect to have the same primary residence in three years, by generation, time in Canada and race, 2024
    • Graph 47: reasons for not moving, 2024
    • Graph 48: reasons for not moving, homeowners, 2024
    • Graph 49: reasons for not moving, renters, 2024
    • Mintel Trend Serving the Underserved
    • Graph 50: live in a household 500 square feet or smaller, by race, time in Canada and current financial situation, 2024
    • Graph 51: rent their home, by race, time in Canada and current financial situation, 2024
    • Graph 52: "I received help from my family towards the down payment for my home" (% agree), by age, 2024
  7. Appendix

    Why Choose Mintel?

    Mintel is the world’s leading market intelligence agency. We show you how consumers think today and tomorrow. As a trusted partner to industry leaders, we deliver game-changing insights to businesses across the globe, fuelling their marketing and innovation strategies that will shape the future.

    Access high-quality market research with every purchase of Mintel’s consumer reports. Here’s what else is included in your report purchase:

    • Multiple Report Formats: Mintel’s reports are available in PDF and PPT formats, and are delivered straight to your inbox, so you can easily share Mintel’s market intelligence.
    • Access to Mintel’s Clients Portal: After your purchase is completed, you’ll receive an invitation to join Mintel’s Clients Portal, providing instant access to supplementary insights from Mintel’s industry experts.
    • Interactive Databook: Mintel’s bespoke consumer data is presented as an interactive website, so you can deep dive into your chosen topic, explore demographics and download specific statistics.
    • Custom Presentation Tool: Easily incorporate selected research data and analysis into a tailor-made presentation to win over clients and stakeholders.

    Take a look at a sample PDF report below:

    Please Note: All of the figures, graphs, and tables in this sample report have been redacted.
    $ 4,995 (Excl.Tax)
    • Instant access when you pay by credit card
    • Exclusive prices on report bundles available until March 31st. Contact us to discuss options
    Add to cart

    Is this report right for you?

    From consumer reports to customised growth strategies. We have an option to suit your business requirements.

    Find out more

    Popular Related Reports

    Global Outlook on Sustainability: A Consumer Study 2024-25

    $ 6,300$ 26,000

    Mintel’s 2024-25 Global Outlook on Sustainability: A Consumer Study is designed to help you understand what brands and companies should prioritise in order to educate consumers and ensure...

    Find out more

    Canadian Attitudes towards Investing Consumer Report 2023

    $ 4,995

    A burgeoning segment of young investors has increased the dominance of banks as an investment institution, while new Canadians seek digital alternatives. Patrick Rahlfs, Senior Research Analyst ...

    Find out more

    Canada Expressions of Identity Consumer Report 2025

    $ 4,995

    More than half of consumers believe it's important to express their identities to the world around them – yet only 28% say they prefer to stand out (while...

    Find out more

    Canada In-home Lifestyles Consumer Report 2025

    $ 4,995

    The home is a complicated place. For most consumers, it's a relaxing place. Yet, half of employed Canadians regularly do work at home, over a third exercise and...

    Find out more

    Canada Consumers and AI Consumer Report 2025

    $ 4,995

    This report provides an in-depth analysis of how AI and automation are shaping consumer behaviour in Canada. It addresses economic challenges, public trust and diversity while highlighting the...

    Find out more

    Canadian Sustainable Consumer 2024

    $ 4,995

    That 34% of consumers see themselves as more sustainable than average – compared to just 13% who say they're less sustainable than average – illustrates the reality of...

    Find out more

    Trusted by global industry leaders

    At Jackman, we believe that powerful strategies are based on human insight. Mintel’s leading-edge reports and insights into consumer attitudes and behaviors are an important input as we develop and execute strategy.

    Alana Gavin, VP Research and Insights, Jackman

    There is no question that Mintel is the go-to resource for the best quality market research, but I did not think it was an affordable option for Abacus Marketing to consider. As a small marketing agency, we only work with a few new clients each year.

    However, we have a very high-end consultative approach to our work, so we really do need a partner like Mintel to provide the big agency experience we are always aiming to deliver. Our clients come from an incredibly diverse range of industry sectors, so we obviously need access to market research reports from a very wide spectrum of marketplaces – and that is precisely what we got.

    Stephen Taylor-Brown, Managing Director, Abacus

    We utilize Mintel Reports, Trends and Comperemedia to mine for insights across the numerous business verticals that Epsilon serves, such as CPG, automotive, telecom, healthcare/pharma, retail and financial services.

    By integrating Mintel insight into new business opportunities, we have been able to gain the competitive edge necessary to advance partnerships with global brands and key business players.

    For our organization, it’s about depth and breadth. Having one without the other doesn’t enable success in our business.

    Virginia Harvey, Secondary Research Manager, Epsilon

    We have such a great working relationship with Mintel on lots of different levels. As an insight partner, they have helped us to develop our business planning in specific categories as well as supporting our creative process but they’ve also been super helpful with facilitating our events in their inspirational offices near St Paul’s.

    They’re an innovative company, with a client-focused team that always delivers.

    Abby Carvosso, Group Managing Director, Bauer Media Group

    We use Mintel Reports, mostly for financial services and ecommerce markets, plus a few retail and technology ones.

    As a leading payments provider, we value additional insights into consumer behaviour, opinions and trends that are shaping the many different markets we operate in. Mintel is a very good and very quick way for us to obtain those insights.

    We use Mintel to get a view on where a particular market is going, which can support us in product development and help us identify opportunities or indeed risks, it is a very useful barometer of a market’s potential.

     

    Andrew Neeson, Market Intelligence Manager, VocaLink

    Is this report right for you?

    From consumer reports to customised growth strategies. We have an option to suit your business requirements.

    Find out more