Estimation question

What is the market size of toilet paper in Canada?

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What this question tests

Straightforward market-sizing estimation using population and per-capita consumption or spend assumptions.

How to approach it

  1. Estimate Canada's population, about 38 million.
  2. Estimate average annual toilet paper spend per household, given shared use, say roughly 15 million households at CAD 80-100 a year.
  3. Multiply households by annual spend to get total market size in CAD.
  4. Cross-check with a per-roll approach: average rolls per person per year times price per roll times population.
  5. State the final market size as a range given the two approaches.

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