Key Market Indicators
Canadian Lighting Exports are projected to climb to approximately $385 million by 2028, up from $335 million in 2023. This represents an average annual growth rate of 2.2%. Since 1994, the country's lighting supply has seen an average increase of 3.4% per year. On the import side, Canadian Lighting Imports are expected to reach about $827 million by 2028, rising from $739 million in 2023. This marks an average annual growth rate of 1.8%. Since 1994, demand for lighting imports in Canada has consistently risen, also at an average annual rate of 1.8%.
