The market size for tents made from synthetic fibers in Canada, expressed in millions of US dollars, saw fluctuations from 2012 to 2022. In 2022, the market stood at 186.67 million USD. The year-on-year changes indicate a volatile market with a moderate rise in 2014 and slight contractions in specific years, like 2020. The compound annual growth rate (CAGR) from 2017 to 2022 reflects a nearly negligible annual increase of 0.028%. This trend suggests a relatively stable but stagnant market across the last five years.
Future trends to watch for:
- Impact of advanced materials and technology integration on market demand.
- Consumer trends shifting towards eco-friendly and sustainable materials.
- Potential market expansion due to outdoor recreational activities gaining popularity post-COVID-19.
- Economic factors and inflation may influence pricing and market value.
How does Canada rank in Tents of Synthetic Fibre Market Size Value?
| # | 8 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 389,840,000 | 2023 | +0.43% | +0.13% | View data |
| 2 | 2 Germany | 361,140,000 | 2023 | +1.94% | +2.44% | View data |
| 3 | 3 Spain | 324,950,000 | 2023 | +6.41% | +5.15% | View data |
| 4 | 4 France | 300,830,000 | 2023 | -1.18% | -2.45% | View data |
| 5 | 5 Canada | 189,680,000 | 2023 | +0.74% | +0.5% | |
| 6 | 6 Sweden | 74,606,000 | 2023 | +1.19% | +1.07% | View data |
| 7 | 7 Switzerland | 69,943,000 | 2023 | +2.32% | +2.3% | View data |
