In 2023, the import of unsweetened beverage waters, ice, and snow to Canada was approximately 97 million US dollars. From 2024 to 2028, the import value is forecasted to gradually increase, reflecting year-on-year growth rates ranging from approximately 1.9% to 1.7%. The compound annual growth rate (CAGR) over the forecasted period through 2028 is predicted to be around 1.8%, indicating steady, modest growth in this market segment.

Future trends to watch for include:

Consumer shifts towards healthier, sugar-free beverage options which may drive increased demand.
Market dynamics impacted by changes in international trade policies and environmental regulations.
Innovations in packaging and distribution methods that could alter import volumes.
Potential new market entrants increasing competition, influencing market share distribution.