In 2023, the re-import of plastic apparel and clothing accessories to Canada stood at 3.2 million USD. The forecast for 2024 shows an increase to 3.3144 million USD, reflecting a year-on-year growth of approximately 3.6%. This upward trend is expected to continue with a consistent year-on-year increase, reaching 3.7519 million USD by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be roughly 3.1%.
Future trends to watch include:
- Technological advancements in recycling that could impact the re-import market.
- Potential regulatory changes around sustainability which may influence demand.
- Evolving consumer preferences towards eco-friendly products that could boost the re-import numbers of plastic apparel.
