The forecast for imports of saddlery and harness for any animal into Canada shows a steady increase from 2024 through 2028, starting at $74.658 million in 2024 and reaching $80.813 million by 2028. In 2023, the import value stood at $73 million. The year-on-year growth rates are modest, reflecting calculated confidence in market expansion: 2.12% from 2024 to 2025, 2.04% from 2025 to 2026, 1.96% from 2026 to 2027, and 1.88% from 2027 to 2028, indicating a stable demand increase. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.98%.

Future trends to watch for include:

Changing consumer preferences and the rising demand for eco-friendly materials.
Potential trade policy updates that could impact import costs and supply chains.
The influence of technological advancements in saddlery and harness manufacturing.
Shifts in global market trends that might affect production costs or export availability to Canada.