In 2024, sales of motor vehicle chemicals in non-store retailing in Canada are forecasted to be CAD 18.77 million. This follows a year-on-year decline from CAD 23 million in 2023, showcasing a drop of approximately 18%. The downward trend is expected to continue, with a projected decrease to CAD 6.95 million by 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is anticipated to be negative, at approximately -23%, indicating substantial declines in sales over this timeframe.

Future trends to watch for include:

The impact of technological advancements in automotive care and online retailing platforms.
Consumer preferences shifting towards sustainable, eco-friendly chemical options, potentially influencing purchase patterns.
Economic factors and regulatory changes affecting consumer spending power and market dynamics.