The value added of nonwoven fabric mills in Canada has seen notable fluctuations over the years, standing at CAD 169.27 million in 2023. The sector experienced highs in 2018, with substantial growth of 15.45%, and a rebound in 2020 by 6.73%. However, there were years of decline like 2016 with a drop of 3.46% and 2019 with a dip of 4.31%. Over the past five years, the Compound Annual Growth Rate (CAGR) has averaged 1.63%, indicating moderate growth. For the coming years from 2024 to 2028, a forecasted CAGR of 1.84% is projected, showing steady yet slower growth.

Future trends to watch for:

Rising demand for sustainable and eco-friendly nonwoven fabrics.
Technological advancements in the production processes.
Increasing application in healthcare and hygiene products post-pandemic.
Potential impacts of trade policies and economic conditions on material costs and export dynamics.