The forecast for the import of electric shavers and hair clippers to Canada shows a steady increase from $95.788 million in 2024 to $100.54 million by 2028. The projections suggest a persistent growth trend, with year-on-year variations forecasted to be approximately 1.28% in 2025, 1.23% in 2026, 1.20% in 2027, and 1.16% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.23%. In 2023, the actual import value was lower than the 2024 forecast, indicating a consistent upward trend.

Future trends to watch for include:

Technological advancements in product design and efficiency could drive higher import volumes.
Changes in consumer preferences towards more sustainable and eco-friendly products.
Potential impacts of trade policies and international relations on import dynamics.
Fluctuations in currency exchange rates potentially affecting import costs.