The re-import of adhesives based on rubber or plastic to Canada in 2023 was approximately 73.88 Thousand Kilograms. A declining trend is anticipated from 2024 to 2028, with values forecasted to decrease annually by percentages: 11.75% in 2025, 13.03% in 2026, 14.68% in 2027, and 16.86% in 2028, resulting in a compound annual growth rate (CAGR) of -13.08% over the five years.
Future trends to watch for include:
- Potential shifts in global trade policies affecting import dynamics.
- Advancements in adhesive technology potentially reducing overseas dependency.
- Environmental regulatory changes impacting adhesive formulations and re-importation practices.
