Market Size
Approximately 200,000 products similar to Light-Guard were sold in 1983 and approximately 280,000 were sold in 1984.
The market is expected to grow at an annual rate of 40% over the next 5 years.
The following market values are based on an average wholesale selling price by Light-Guard Manufacturing of: $70 CAD / $55 USD
Estimated size of the total Canadian Market over next 5 years: 200,000 units
Total Canadian market sales volume potential over next 5 years: $14,000,000 CAD
Estimated size of the total U.S. market over the next 5 years: 2,000,000 units
Total U.S. market sales volume potential over next 5 years: $110,000,000 USD
The suggested retail price (end user price) will be $128 CAD ($98 USD).
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